The Best Mortgage Lenders in Shavertown, PA
Compare verified mortgage lenders serving Shavertown, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Shavertown
Featured Mortgage Lenders
FNCB Bank Mortgage Team
FNCB Bank
FNCB Bank is a premier local financial institution with deep roots in Northeastern Pennsylvania, serving the Shavertown area for over a century. Their mortgage team receives exceptional ratings for personalized service, local market expertise, and competitive rates. As a community bank, they offer the advantage of local decision-making and relationships while providing comprehensive mortgage products. Customers consistently praise their responsive communication, smooth closing processes, and commitment to finding the right loan solution for each borrower's unique situation.
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Guardian Savings Bank Mortgage Department
Guardian Savings Bank
Guardian Savings Bank has been serving Luzerne County and the greater Shavertown area for nearly a century, building a strong reputation for mortgage lending excellence. Their experienced loan officers provide personalized guidance through the entire home financing process, with particular expertise in first-time homebuyer programs and government-backed loans. The bank is highly rated for its competitive rates, transparent fee structure, and commitment to community banking values. Many customers note the exceptional local knowledge and accessibility of their mortgage team.
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Rocket Mortgage
Rocket Mortgage by Quicken Loans
While not locally based, Rocket Mortgage serves Shavertown and all of Pennsylvania with top-rated digital mortgage services. They consistently earn high marks for their streamlined online application process, competitive rates, and efficient closing timelines. As one of the nation's largest mortgage lenders, they offer extensive loan options and innovative technology that simplifies the borrowing experience. Many Pennsylvania customers appreciate the combination of digital convenience with access to knowledgeable mortgage experts who understand local market conditions and can provide personalized guidance throughout the loan process.
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Frequently Asked Questions
Common questions about mortgage lending in Shavertown, PA
What are the current mortgage rates like in Shavertown, PA, and how do they compare to state or national averages?
Mortgage rates in Shavertown are generally aligned with national averages, but local lenders may offer competitive terms. As a market within Luzerne County, rates can be slightly more favorable than in larger Pennsylvania metros like Philadelphia due to lower overall risk. It's advisable to compare offers from local credit unions, like PSECU or First National Bank, alongside national lenders for the best deal.
Are there any down payment assistance programs specifically for buyers in Shavertown or Luzerne County?
Yes, first-time homebuyers in Shavertown can access the Pennsylvania Housing Finance Agency (PHFA) Keystone Home Loan programs, which offer competitive rates and down payment/closing cost assistance grants like the Keystone Advantage Assistance Loan. Additionally, the Luzerne County HOME Consortium occasionally administers local grants for income-eligible buyers purchasing within the county, including Shavertown.
How does the property tax structure in Shavertown (Dallas School District) impact my mortgage affordability?
Shavertown is part of the Dallas School District, which has a property tax millage rate that influences your total monthly payment. Luzerne County's assessment practices mean your escrow payment will be a significant part of your mortgage. It's crucial to factor in these taxes, which are historically higher than the national average, when determining your overall home-buying budget.
What type of property appraisal challenges are common for mortgages in Shavertown's housing market?
Appraisals in Shavertown can sometimes be challenging due to the mix of older, established homes and newer constructions, making finding perfect comparables difficult. Appraisers must account for the unique topography and lot sizes common in the Back Mountain area. Using a local lender familiar with the subtleties of Shavertown neighborhoods can help ensure a smooth appraisal process.
Are USDA rural development loans available for homes in Shavertown, PA?
While parts of Luzerne County are eligible for USDA loans, Shavertown itself is typically not classified as a rural area by USDA standards due to its proximity to Wilkes-Barre. Most of Shavertown would not qualify; however, buyers should confirm specific property addresses. Conventional, FHA, and VA loans are the primary mortgage options used in this suburban community.
Why Choose a Mortgage Lender in Shavertown?
Local Market Knowledge
Lenders who understand Shavertown'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 Shavertown and get competitive rates on your home loan.