The Best Mortgage Lenders in Rome, PA
Compare verified mortgage lenders serving Rome, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Rome
Featured Mortgage Lenders
NBT Bank Mortgage Department
NBT Bank, N.A.
NBT Bank stands out as the most established local financial institution with a physical branch actually located in Rome, providing exceptional convenience for residents. With over 160 years of community banking experience, they offer personalized mortgage services with local decision-making authority. Their mortgage specialists have extensive knowledge of rural Pennsylvania property values and financing options, including specialized USDA loans that are particularly relevant for Rome's agricultural and rural properties. Customers consistently praise their responsive service, competitive rates, and deep understanding of local real estate markets.
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Jim O'Neill
O'Neill & Company Mortgage
O'Neill & Company Mortgage is a highly respected regional mortgage broker serving Rome and throughout Bradford County. With exceptional 4.9-star ratings across multiple review platforms, they've built a reputation for exceptional customer service and expertise in rural property financing. Their team specializes in navigating the unique challenges of country properties, including wells, septic systems, and agricultural land. They offer access to multiple lending partners to secure the best rates and terms, and their local presence ensures they understand Rome's specific market conditions and property values.
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Kristin Kilmer
C&N Mortgage Services
Citizens & Northern Bank is a well-established regional community bank with deep roots in Northern Pennsylvania, serving Rome residents through their nearby Towanda branch. With over 150 years of community banking experience, they offer comprehensive mortgage services with a focus on personalized attention and local underwriting. They excel at rural property financing and have specialized programs for first-time homebuyers and agricultural properties. Their mortgage team receives consistent praise for their responsiveness, transparency throughout the process, and competitive rate offerings specifically tailored to the Northern Tier region.
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Frequently Asked Questions
Common questions about mortgage lending in Rome, PA
What are typical down payment requirements for homes in Rome, PA, given the rural market?
In Rome's affordable market, many conventional loans require a minimum of 5% down, but FHA loans with 3.5% down are very common. For the area's many older or rural properties, lenders may have specific appraisal requirements that can influence the final loan terms. USDA loans, which offer 0% down, are also a popular option for eligible buyers purchasing in Rome's designated rural areas.
Are there any local or county-specific first-time homebuyer assistance programs available in Rome?
Yes, the Pennsylvania Housing Finance Agency (PHFA) offers statewide programs like Keystone Home Loan and Keystone Government Loan, which are accessible to Rome buyers. Additionally, the Northern Tier Regional Planning and Development Commission may offer or have information on local down payment and closing cost assistance grants for eligible first-time buyers in Bradford County.
How do property types common in Rome, like older homes or land parcels, affect the mortgage process?
Financing older homes, which are prevalent in Rome, often requires a thorough home inspection and may involve repairs to meet FHA/VA minimum property standards. For purchases that include significant acreage, some lenders may have loan-to-value restrictions, making it crucial to work with a lender experienced in rural Pennsylvania properties.
What should I know about property taxes and insurance when calculating my mortgage payment in Rome?
Property taxes in Bradford County and the Northeast Bradford School District are a key component of your monthly escrow payment. Homeowners insurance in this rural area may include considerations for well and septic systems, and you may want to inquire about flood insurance if the property is near the Susquehanna River or its tributaries.
How does the lack of major urban employment centers in the Rome area impact mortgage qualification?
Lenders will closely evaluate job stability and income consistency, which for many locals may come from agriculture, manufacturing, healthcare, or commuting to nearby towns like Towanda. Self-employment or variable income is common, so having two years of solid tax returns is particularly important for mortgage approval in this market.
Why Choose a Mortgage Lender in Rome?
Local Market Knowledge
Lenders who understand Rome'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 Rome and get competitive rates on your home loan.