The Best Mortgage Lenders in Revloc, PA
Compare verified mortgage lenders serving Revloc, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Revloc
Featured Mortgage Lenders
First Commonwealth Mortgage
First Commonwealth Bank Mortgage Division
First Commonwealth Mortgage stands out as one of the top-rated regional lenders serving Revloc and surrounding Cambria County. As a division of First Commonwealth Bank, they leverage over 25 years of mortgage expertise with deep local market knowledge. They receive exceptional ratings for their personalized service, competitive rates, and streamlined application process. Their local Johnstown branch provides convenient in-person service while offering comprehensive digital mortgage options. Customers consistently praise their responsive loan officers, transparent communication, and ability to close loans efficiently.
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AmeriServ Financial
AmeriServ Financial Bank
AmeriServ Financial has been a trusted mortgage lender in the Johnstown area for over three decades, serving Revloc and throughout Cambria County. They maintain excellent customer satisfaction ratings for their local decision-making, competitive rates, and community-focused approach. Their experienced mortgage team provides personalized guidance through every step of the home buying process. AmeriServ is particularly noted for their first-time homebuyer programs and flexible financing options. The bank's strong local presence and commitment to the community make them a preferred choice for area homebuyers.
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Howard Hanna Mortgage Services
Howard Hanna Financial Services
Howard Hanna Mortgage Services provides comprehensive mortgage lending throughout Western Pennsylvania, with a strong presence in the Johnstown market serving Revloc residents. They earn high marks for their seamless integration with Howard Hanna Real Estate Services and their extensive product portfolio. Customers consistently rate them highly for their knowledgeable loan officers, efficient processing, and competitive rate offerings. Their local office ensures personalized service while benefiting from the resources of one of the largest real estate and mortgage networks in the region. They specialize in both purchase and refinance transactions with various loan programs to meet diverse borrower needs.
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Frequently Asked Questions
Common questions about mortgage lending in Revloc, PA
What are the typical mortgage rates available in Revloc, PA, and how do they compare to state averages?
Mortgage rates in Revloc generally align with national and Pennsylvania averages, but local credit unions like AmeriServ Financial often offer competitive rates. For the best terms, it's advisable to compare offers from a local community bank, a credit union, and a national lender, as Revloc's stable, rural market can sometimes yield slightly more favorable rates than in larger, more volatile Pennsylvania cities.
Are there any down payment assistance or first-time homebuyer programs specifically for Revloc residents?
Yes, Revloc homebuyers can access Pennsylvania's statewide PHFA (Pennsylvania Housing Finance Agency) programs, which offer down payment and closing cost assistance, as well as favorable loan rates. Additionally, Cambria County may have local initiatives; checking with the Cambria County Redevelopment Authority is a crucial step for Revloc buyers seeking grants or low-interest second mortgages.
How does Revloc's location within a designated "rural area" affect my mortgage options?
Revloc's rural designation makes many properties eligible for USDA Rural Development loans, which offer 100% financing (no down payment) for qualified buyers and properties. This is a significant advantage over conventional loans, especially given the area's affordable home prices, and can be a cornerstone of mortgage planning for Revloc home purchases.
What should I know about property taxes and homeowners insurance when budgeting for a mortgage in Revloc?
Property taxes in Revloc are based on Cambria County assessments and are generally moderate, but it's essential to get an accurate quote for your specific property. Homeowners insurance can be influenced by the area's older housing stock and proximity to flood zones; your lender will require a policy, so it's wise to get local quotes early in the process to avoid surprises at closing.
How do appraisals work for homes in Revloc, given its unique mix of older homes and newer constructions?
Appraisals in Revloc require an appraiser familiar with the local market in Cambria County. They will compare your subject property to recent sales of similar homes in Revloc and nearby towns like Ebensburg. For older homes, the appraiser will note any necessary repairs that could affect the loan, making a thorough pre-listing inspection highly recommended for sellers and buyers alike.
Why Choose a Mortgage Lender in Revloc?
Local Market Knowledge
Lenders who understand Revloc'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 Revloc and get competitive rates on your home loan.