The Best Mortgage Lenders in Oakmont, PA
Compare verified mortgage lenders serving Oakmont, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Oakmont
Featured Mortgage Lenders
Howard Hanna Financial Services
Howard Hanna Mortgage Services
Howard Hanna Mortgage Services stands out as one of Western Pennsylvania's most trusted mortgage lenders with deep roots in the Oakmont and greater Pittsburgh area. As part of the largest family-owned and operated real estate broker in the U.S., they offer personalized service and local market expertise. Their mortgage consultants are known for providing competitive rates, streamlined processing, and exceptional customer service throughout the home buying journey. With strong relationships with local real estate agents and comprehensive loan programs tailored to Pennsylvania homebuyers, they consistently receive high marks for their reliability and community-focused approach.
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Citizens Bank
Citizens Bank Mortgage
Citizens Bank maintains a strong physical presence throughout the Pittsburgh metropolitan area, including serving Oakmont residents with multiple nearby branches. As a well-established regional bank with national capabilities, they offer competitive mortgage rates and a wide range of loan products. Their local mortgage officers provide personalized guidance and understand the specific dynamics of the Allegheny County housing market. Customers consistently praise their responsive service, transparent communication, and efficient loan processing. With digital tools combined with in-person support, Citizens Bank delivers a balanced approach that appeals to both tech-savvy and traditional homebuyers.
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First Commonwealth Mortgage
First Commonwealth Bank Mortgage Division
First Commonwealth Mortgage brings decades of Western Pennsylvania banking expertise to Oakmont homebuyers, offering a comprehensive suite of mortgage products with competitive rates and flexible terms. As a regional financial institution deeply embedded in the local community, they provide personalized service through dedicated mortgage specialists who understand the nuances of the Pittsburgh-area real estate market. Their strong reputation stems from transparent pricing, straightforward communication, and commitment to finding the right loan solution for each borrower's unique situation. Customers frequently highlight their knowledgeable staff, smooth closing processes, and ongoing support throughout the mortgage lifecycle.
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Frequently Asked Questions
Common questions about mortgage lending in Oakmont, PA
What are the current mortgage rates like in Oakmont, PA compared to the national average?
Mortgage rates in Oakmont are generally aligned with national averages, but local credit unions like Clearview Federal Credit Union often offer competitive rates and personalized service. Given Oakmont's stable, desirable market, securing a favorable rate often depends more on your credit profile and down payment than on a significant local discount.
Are there any local down payment assistance programs available for first-time homebuyers in Oakmont?
Yes, Oakmont homebuyers can access Pennsylvania's statewide PHFA (Pennsylvania Housing Finance Agency) programs, which offer down payment and closing cost assistance. Additionally, Allegheny County has its own "Action Housing" programs that provide grants and affordable second mortgages, which are applicable for qualifying buyers in Oakmont.
How does Oakmont's proximity to Pittsburgh and its riverfront location affect home appraisals and lending?
Lenders carefully consider Oakmont's prime location along the Allegheny River and its easy commute to Pittsburgh, which typically supports strong and stable property values. Appraisals often reflect a premium for walkable riverfront properties or homes in the historic district, which can positively impact loan-to-value calculations.
What should I know about getting a mortgage for one of Oakmont's older, historic homes?
Financing an older home in Oakmont may require a specialized loan product. While conventional loans are common, some historic properties might need a renovation loan like the FHA 203(k) if significant updates are required. Lenders will often require a thorough inspection and may have stricter appraisal requirements for these unique properties.
Are property taxes in Oakmont typically escrowed by mortgage lenders?
Yes, most lenders will require an escrow account for property taxes (and homeowners insurance) on Oakmont mortgages. Oakmont Borough and the Riverview School District have specific tax rates, and lenders prefer to escrow to ensure these important payments are made on time, protecting their investment in the property.
Why Choose a Mortgage Lender in Oakmont?
Local Market Knowledge
Lenders who understand Oakmont'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 Oakmont and get competitive rates on your home loan.