The Best Mortgage Lenders in Northumberland, PA
Compare verified mortgage lenders serving Northumberland, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Northumberland
Featured Mortgage Lenders
Members 1st Federal Credit Union
Members 1st Federal Credit Union
Members 1st Federal Credit Union is one of Pennsylvania's most highly-rated mortgage lenders with extensive service throughout central PA, including Northumberland County. They consistently receive exceptional customer satisfaction ratings for their personalized service, competitive rates, and local decision-making. As a not-for-profit credit union, they often offer lower fees and more flexible terms than traditional banks, with mortgage specialists who understand the local Northumberland real estate market.
Loan Types:
Fulton Mortgage Company
Fulton Bank, N.A.
Fulton Bank has been serving Pennsylvania communities for over 140 years and maintains a strong presence throughout Northumberland County. Their mortgage division receives high marks for local expertise, competitive pricing, and streamlined application processes. With multiple branches throughout central PA, they offer the convenience of local service combined with the resources of a regional banking institution, making them a top choice for Northumberland homebuyers.
Loan Types:
CrossCountry Mortgage
CrossCountry Mortgage, LLC
CrossCountry Mortgage has established itself as a premier mortgage provider in central Pennsylvania with local offices serving Northumberland County. They are particularly noted for their extensive loan program options and exceptional customer service ratings. Their local mortgage advisors have deep knowledge of the Northumberland area market conditions and provide personalized guidance through the entire home financing process, from pre-approval to closing.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Northumberland, PA
What are the current mortgage rates like in Northumberland, PA, and how do they compare to state averages?
Mortgage rates in Northumberland typically align closely with national and Pennsylvania state averages, as they are driven by broader economic factors. However, local credit unions like the First Columbia Bank & Trust Co. or Members 1st Federal Credit Union may occasionally offer very competitive rates or promotions for residents. It's always wise to compare offers from both local institutions and national lenders to secure the best deal for your specific financial situation.
Are there any down payment assistance programs specifically for buyers in Northumberland?
Yes, homebuyers in Northumberland can access Pennsylvania's statewide PHFA (Pennsylvania Housing Finance Agency) programs, which are widely used in the area. These include the Keystone Government Loan, HOMEstead, and HHF (Homeowners Hero Fund) programs, which offer down payment and closing cost assistance, often in the form of a second mortgage with zero interest. Eligibility is based on income, credit, and the purchase price of the home, which is very feasible for many Northumberland properties.
How does the appraisal process work for older, historic homes in Northumberland?
Appraising older homes in Northumberland's historic districts requires an appraiser with specific experience in valuing historic properties and understanding local market nuances. Unique architectural features and necessary updates can significantly impact value. It's advisable to work with a local lender familiar with appraisers in the Susquehanna Valley who can ensure the appraisal accurately reflects both the home's character and its condition.
What should I know about property taxes and insurance when calculating my mortgage payment in Northumberland?
Northumberland Borough and surrounding areas in Northumberland County have property tax rates that are generally considered moderate for Pennsylvania. Your annual tax bill will be a key component of your monthly escrow payment. Additionally, due to the borough's proximity to the Susquehanna River, some lenders may require confirmation of flood insurance, even for properties outside official high-risk zones, which can affect your total monthly payment.
As a first-time homebuyer in Northumberland, what local resources or counseling are available?
First-time buyers are strongly encouraged to take a PHFA-approved homebuyer education course, which is often provided locally by organizations like SEDA-Council of Governments (SEDA-COG). These courses cover the entire process and are frequently required for state assistance programs. Local realtors and lenders are also very familiar with guiding first-time buyers through the purchase of Northumberland's mix of single-family homes, duplexes, and historic properties.
Nearby Cities
Explore mortgage lenders in cities near Northumberland, PA
Why Choose a Mortgage Lender in Northumberland?
Local Market Knowledge
Lenders who understand Northumberland's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in Pennsylvania.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Northumberland and get competitive rates on your home loan.