SSL Secured
Privacy Protected
Licensed & Regulated
MortgageLenderNearMe
Pleasant Mount, PA

The Best Mortgage Lenders in Pleasant Mount, PA

Compare verified mortgage lenders serving Pleasant Mount, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.7
Avg Rating
297+
Reviews
11
Loan Types

Available Loan Programs in Pleasant Mount

Conventional
FHA
VA
USDA
Construction
Jumbo
Refinance
First-time Homebuyer
Investment
First Mortgage
Home Equity

Featured Mortgage Lenders

1

Wayne Bank Mortgage Department

Wayne Bank

★★★★☆
4.8/5

Wayne Bank is deeply embedded in Northeast Pennsylvania with multiple branches serving Wayne County, including the Pleasant Mount area. As a community-focused institution with over 150 years of service, they offer personalized mortgage solutions with local decision-making. Their mortgage team provides competitive rates on various loan programs and is known for exceptional customer service and understanding of rural property financing needs in the region.

Experience:150 years
Reviews:85 customer reviews
717 Main Street, Honesdale, PA 18431

Loan Types:

ConventionalFHAVAUSDAConstructionJumboRefinance
Visit Website
2

Allied Home Mortgage - Scranton

Allied Home Mortgage Capital Corporation

★★★★☆
4.7/5

This locally-owned Allied Home Mortgage branch serves the entire Northeast Pennsylvania region, including Pleasant Mount and surrounding Wayne County communities. With nearly three decades of experience, they offer a comprehensive range of mortgage products and are particularly praised for their expertise in rural and suburban property financing. Their team provides personalized service with competitive rates and flexible terms for both purchase and refinance transactions.

Experience:28 years
Reviews:120 customer reviews
201 Lackawanna Avenue, Scranton, PA 18503

Loan Types:

ConventionalFHAVAUSDAFirst-time HomebuyerRefinanceInvestment
Visit Website
3

Penn East Federal Credit Union Mortgage Services

Penn East Federal Credit Union

★★★★☆
4.6/5

Penn East Federal Credit Union serves multiple counties in Northeast Pennsylvania, including Wayne County where Pleasant Mount is located. As a member-owned financial cooperative, they offer competitive mortgage rates and personalized service. Their mortgage specialists are known for guiding members through the entire home financing process with attention to detail and local market knowledge. They excel at serving both urban and rural property buyers throughout their service area.

Experience:67 years
Reviews:92 customer reviews
1201 Oak Street, Pittston, PA 18640

Loan Types:

ConventionalFHAVAUSDAFirst MortgageHome EquityConstructionRefinance
Visit Website

Frequently Asked Questions

Common questions about mortgage lending in Pleasant Mount, PA

What are typical down payment requirements for homes in Pleasant Mount, PA, given its rural market?

In Pleasant Mount's more affordable rural market, many conventional loans are available with down payments as low as 3-5%. For the area's typical single-family homes and land, local lenders are familiar with properties that may not always meet strict urban appraisal standards, so discussing property type with your lender early is key. USDA Rural Development loans, which offer 0% down, are also widely available and particularly well-suited for this area.

Are there any local or county-specific first-time homebuyer programs available in Wayne County/Pleasant Mount?

Yes, the Wayne County Housing Authority occasionally administers down payment and closing cost assistance programs for income-eligible first-time buyers. Additionally, the Pennsylvania Housing Finance Agency (PHFA) offers statewide programs like Keystone Home Loan and HFA Preferred loans, which provide competitive rates and down payment assistance that are accessible to Pleasant Mount residents.

How does the lack of major public utilities in some parts of Pleasant Mount affect the mortgage process?

Properties with wells and septic systems are common and generally not an obstacle, but lenders will require water potability and septic inspection tests as a condition of the loan. For homes using alternative heating sources like propane, you may need to demonstrate a full tank or a prepaid contract. It's crucial to work with a lender experienced in rural properties to navigate these requirements smoothly.

What should I know about property taxes and insurance when budgeting for a mortgage in Pleasant Mount?

Property taxes in Wayne County and the Western Wayne School District are relatively moderate compared to urban Pennsylvania. However, you must budget for higher homeowner's insurance premiums if your home is far from a fire hydrant or volunteer fire station, as this affects the home's fire protection class. Your lender will help you calculate an accurate escrow payment that includes these localized costs.

Are mortgage rates different in a rural area like Pleasant Mount compared to Scranton or Philadelphia?

Mortgage rates are primarily set by national markets and your personal credit, not your zip code. However, accessing a wider range of lenders might require online or regional bank options, as local branch presence is limited. Working with a local mortgage broker who has relationships with multiple lenders can often secure you the most competitive rates and terms for the area.

Mortgage Insights

Finding Your Perfect Mortgage in Pleasant Mount, PA: A Local Homebuyer’s Guide

Searching for "mortgage loans near me" is about more than just convenience; it's about finding a partner who understands the unique landscape of your community. For homebuyers looking at the rolling hills and quiet neighborhoods of Pleasant Mount, Pennsylvania, securing the right financing means considering the specific character of our local market and the resources available right here in the Keystone State.

Pleasant Mount offers a appealing blend of rural serenity and community charm, which is reflected in its housing. You’ll often find properties with more land compared to urban centers, including single-family homes, older farmhouses, and newer builds. This means your mortgage considerations might extend beyond the base price. A local lender familiar with Wayne County will understand how to properly appraise properties with wells, septic systems, and larger parcels of land, ensuring the process goes smoothly. They’ll also have insight into the true value of a peaceful, country lifestyle that defines Pleasant Mount.

When starting your search, think local first. While online lenders are an option, establishing a relationship with a community bank or a credit union with branches in Northeastern Pennsylvania can be invaluable. These professionals don't just process applications; they have their finger on the pulse of the local market. They can offer realistic advice about which neighborhoods hold their value or what to expect during a home inspection on a classic Pennsylvania farmhouse. They’re also accessible for face-to-face conversations, which can be crucial when navigating the complexities of a mortgage.

Pennsylvania offers several programs that can make homeownership in Pleasant Mount more accessible, especially for first-time buyers. The Pennsylvania Housing Finance Agency (PHFA) is a key resource. They provide competitive fixed-rate mortgages, down payment and closing cost assistance grants, and special programs for veterans and those in public service. These programs can be a game-changer, helping to lower the initial cash needed to buy a home. A knowledgeable local loan officer can guide you through the eligibility requirements and application process for these state-specific benefits.

Here is your actionable plan: First, get a clear picture of your finances. Check your credit score and gather documents like tax returns and pay stubs. Next, interview a few local lenders. Ask them specifically about their experience with properties in Wayne County and their knowledge of PHFA programs. Get pre-approved—this will show sellers you’re a serious buyer in our competitive market. Finally, factor in all the costs. Remember to budget for potential repairs common to older homes, higher heating costs in our Pennsylvania winters, and property taxes that support our local schools and services.

Buying a home in Pleasant Mount is an investment in a way of life. By focusing your search for "mortgage loans near me" on professionals who understand our town and our state, you’re not just securing a loan—you’re building a foundation for your future here.

Nearby Cities

Explore mortgage lenders in cities near Pleasant Mount, PA

Why Choose a Mortgage Lender in Pleasant Mount?

Local Market Knowledge

Lenders who understand Pleasant Mount'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 Pleasant Mount and get competitive rates on your home loan.