The Best Mortgage Lenders in Parryville, PA
Compare verified mortgage lenders serving Parryville, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Parryville
Featured Mortgage Lenders
Movement Mortgage
Movement Mortgage, Inc.
Movement Mortgage is a top-rated lender known for its exceptional customer service, competitive rates, and streamlined digital mortgage process. With a strong regional presence in the Lehigh Valley area, they serve Parryville and surrounding communities, offering personalized support and fast loan closings. Their high ratings reflect consistent customer satisfaction and reliability in handling various loan types.
Loan Types:
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a nationally recognized mortgage lender with a strong footprint in Pennsylvania, offering innovative online tools and competitive rates. They are praised for their transparency, expert guidance, and efficiency in processing loans for clients in Parryville and across the state. Their extensive experience and high customer ratings make them a trusted choice for homebuyers.
Loan Types:
New American Funding
New American Funding, LLC
New American Funding is a highly rated lender celebrated for its diverse loan options and commitment to serving underserved communities, including those in Parryville. They provide personalized service, competitive rates, and have a reputation for closing loans quickly. Their strong customer feedback and community focus make them a reliable option for Pennsylvania homebuyers.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Parryville, PA
Are there any special mortgage programs for first-time homebuyers in Parryville, PA?
Yes, the Pennsylvania Housing Finance Agency (PHFA) offers several statewide programs, like the Keystone Home Loan and Keystone Government Loan, which are accessible to Parryville buyers. These often feature competitive interest rates and down payment/closing cost assistance. It's also wise to check with local credit unions or community banks in Carbon County for any additional first-time buyer incentives.
How do property taxes in Carbon County affect my mortgage payments in Parryville?
Carbon County property taxes are a significant component of your monthly mortgage escrow payment. The current county millage rate is 7.320 mills, but you must also factor in the Palmerton Area School District tax and any local borough tax. Your lender will calculate an estimated monthly amount for escrow, but for precise budgeting, consult the Carbon County Assessment Office for the exact taxable value of your prospective home.
What is the typical down payment needed for a home in Parryville's market?
While 20% down is standard to avoid private mortgage insurance (PMI), many buyers in Parryville utilize loans with lower requirements. FHA loans can require as little as 3.5% down, and some PHFA programs offer down payment assistance. Given Parryville's relatively modest home prices compared to larger metros, saving for a down payment can be more achievable here.
Does Parryville's location in a flood zone impact my mortgage process?
Parryville is situated along the Pohopoco Creek and Lehigh River, making flood insurance a common requirement for lenders if the property is in a designated Special Flood Hazard Area (SFHA). You will likely need a separate flood insurance policy, which will be included in your monthly mortgage payment. Always order a flood zone determination early in the buying process to understand this potential cost.
Are USDA rural housing loans available for properties in Parryville, PA?
Yes, Parryville is eligible for USDA Rural Development loans due to its population size and location. This is a significant benefit, as USDA loans offer 100% financing (no down payment) for qualified buyers and properties. To confirm a specific property's eligibility, you or your lender can check the USDA's online eligibility map.
Nearby Cities
Explore mortgage lenders in cities near Parryville, PA
Why Choose a Mortgage Lender in Parryville?
Local Market Knowledge
Lenders who understand Parryville'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 Parryville and get competitive rates on your home loan.