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Sharon Hill, PA

The Best Mortgage Lenders in Sharon Hill, PA

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

3
Top Lenders
4.8
Avg Rating
628+
Reviews
11
Loan Types

Available Loan Programs in Sharon Hill

Conventional
FHA
VA
USDA
Jumbo
Refinance
First-time Homebuyer
Investment Properties
Construction Loans
ARM
HELOC

Featured Mortgage Lenders

1

Michael McCann

First Trust Mortgage

★★★★☆
4.9/5

First Trust Mortgage is a highly-rated local mortgage broker serving the Delaware County area including Sharon Hill. With over two decades of experience, they've built an exceptional reputation for personalized service and competitive rates. Their team of experienced loan officers provides comprehensive guidance through the entire mortgage process, specializing in first-time homebuyer programs and various government-backed loans. Their extensive local market knowledge and commitment to customer satisfaction make them a top choice for Sharon Hill residents seeking a smooth, transparent mortgage experience.

Experience:25 years
Reviews:182 customer reviews
1001 Baltimore Pike, Springfield, PA 19064

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceFirst-time Homebuyer
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2

Main Line Mortgage Solutions

Main Line Mortgage Solutions

★★★★☆
4.8/5

Serving the entire Philadelphia metropolitan area including Sharon Hill, Main Line Mortgage Solutions has established itself as one of the region's most reliable mortgage brokers. They excel at finding creative financing solutions for diverse borrower profiles and are particularly skilled with complex loan scenarios. Their team maintains strong relationships with multiple lenders, allowing them to secure competitive rates and flexible terms. With hundreds of satisfied customers throughout Delaware County, they're known for their responsive communication and thorough guidance through every step of the mortgage process.

Experience:20 years
Reviews:157 customer reviews
8 Kings Highway, Media, PA 19063

Loan Types:

ConventionalFHAVARefinanceInvestment PropertiesConstruction Loans
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3

Tom Anderson

Guaranteed Rate

★★★★☆
4.7/5

Guaranteed Rate combines national lending power with strong local presence through their Radnor office, which actively serves Sharon Hill and surrounding communities. As one of the largest retail mortgage lenders in the country, they offer competitive rates and a streamlined digital mortgage experience while maintaining personalized local service. Their innovative technology platform allows for efficient application processing and real-time rate updates. The local team brings extensive experience with Pennsylvania mortgage regulations and Delaware County housing markets, providing Sharon Hill homebuyers with both national resources and local expertise.

Experience:15 years
Reviews:289 customer reviews
201 King of Prussia Rd, Radnor, PA 19087

Loan Types:

ConventionalFHAVAJumboARMRefinanceHELOC
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Frequently Asked Questions

Common questions about mortgage lending in Sharon Hill, PA

Are there any special first-time homebuyer programs available specifically for Sharon Hill, PA?

Yes, the Delaware County HOME Consortium offers the HOMEstead Downpayment and Closing Cost Assistance Program, which is available to eligible first-time homebuyers in Sharon Hill. This program provides a deferred, forgivable loan of up to $10,000 to assist with down payment and closing costs. Eligibility is based on income limits and the purchase of a home within the consortium's service area, which includes Sharon Hill.

How do property tax rates in Sharon Hill affect my monthly mortgage payment?

Sharon Hill has a relatively high property tax rate compared to national averages, which significantly impacts your monthly PITI (Principal, Interest, Taxes, Insurance) payment. For 2024, the combined millage rate for Sharon Hill Borough and the Southeast Delco School District is approximately 39.5 mills. When budgeting for a mortgage, it's crucial to factor in these taxes, as they can add several hundred dollars to your monthly payment on a typical home.

What are the common types of mortgages used by homebuyers in Sharon Hill given its older housing stock?

Due to the prevalence of older homes (many built pre-1950), FHA 203(k) Rehabilitation Loans and Conventional loans are particularly popular in Sharon Hill. The FHA 203(k) loan allows buyers to finance both the purchase and the cost of repairs into one mortgage, which is ideal for updating older systems. Many local lenders are familiar with these products and the specific appraisal considerations for historic or aging properties in the area.

Is homeowner's insurance more expensive for mortgages in Sharon Hill, and why?

Yes, homeowner's insurance premiums in Sharon Hill tend to be higher than the Pennsylvania average, which directly affects your total monthly mortgage payment. This is primarily due to the borough's older housing inventory, which presents higher risks for claims related to plumbing, electrical, and roofing systems. Shopping around with insurers familiar with Delaware County is essential to find the best rate for your specific property.

How does the appraisal process work for a mortgage on a Sharon Hill row home or twin?

Appraising attached homes like row homes and twins in Sharon Hill requires an appraiser with strong local market knowledge. They will heavily rely on recent sales of comparable properties (comps) within a very tight geographic radius, often just a few blocks, due to significant value variations between neighborhoods. Unique features, the condition of shared walls, and the quality of recent renovations on your specific block will be critical in determining the final appraised value.

Mortgage Insights

Finding Your Perfect Mortgage Lender in Sharon Hill, PA: A Local Homebuyer’s Guide

Searching for a "mortgage lender near me" is more than just a convenience when you're buying a home in Sharon Hill, Pennsylvania. It's a strategic move that can give you a significant advantage in our unique local market. Sharon Hill offers a compelling mix of affordability, community charm, and accessibility to Philadelphia and major transportation routes. This creates a competitive environment where having a responsive, locally knowledgeable lender can make the difference between securing your dream home and missing out.

A lender with roots in Delaware County understands the nuances of our housing inventory. They’re familiar with the appraised values of our classic twin homes, sturdy single-family residences, and the process for properties that may be part of Sharon Hill's historic fabric. This local expertise is invaluable for a smooth appraisal and closing process. Furthermore, in a market where well-priced homes can move quickly, a local lender often means faster communication, quicker pre-approval turnarounds, and a stronger, more credible offer when you find the right place.

For Sharon Hill buyers, exploring Pennsylvania-specific homebuyer programs should be a top priority. A knowledgeable local lender is your best guide to these opportunities. The Pennsylvania Housing Finance Agency (PHFA) offers first-time homebuyer programs with competitive interest rates and down payment assistance. Programs like the Keystone Government Loan can be particularly helpful. A lender familiar with these programs can help you determine your eligibility and seamlessly integrate this assistance into your financing, making homeownership more accessible.

Your actionable journey starts here. First, go beyond a simple online search. Ask your local real estate agent for referrals—they work with lenders daily and know who performs reliably in our area. Look for lenders with physical offices in Delaware County or nearby communities; schedule face-to-face consultations. Prepare questions about their experience with Sharon Hill transactions, their preferred appraisers, and their familiarity with PHFA programs. Compare not just interest rates, but also closing timelines and customer service.

Finally, get a solid pre-approval from your chosen local lender before you seriously start house hunting. In Sharon Hill's market, this pre-approval letter, especially from a respected local institution, shows sellers you are a serious and prepared buyer. By partnering with a mortgage lender who knows our streets as well as they know mortgage guidelines, you’re not just finding a service—you’re gaining a local ally dedicated to helping you plant roots right here in Sharon Hill.

Nearby Cities

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Why Choose a Mortgage Lender in Sharon Hill?

Local Market Knowledge

Lenders who understand Sharon Hill'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 Sharon Hill and get competitive rates on your home loan.