The Best Mortgage Lenders in Shickshinny, PA
Compare verified mortgage lenders serving Shickshinny, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Shickshinny
Featured Mortgage Lenders
FNCB Bank Mortgage Department
FNCB Bank
FNCB Bank is one of Northeastern Pennsylvania's most established and trusted community banks with deep roots in Luzerne County. They have served the Shickshinny area for decades with personalized mortgage solutions and local underwriting expertise. Their mortgage team provides competitive rates with the convenience of local decision-making and relationship-based lending. Customers consistently praise their responsive service, transparent process, and commitment to the local community.
Loan Types:
Allied Mortgage
Allied Mortgage
Allied Mortgage has built an exceptional reputation throughout Northeastern Pennsylvania with numerous awards and high customer satisfaction ratings. They specialize in making the mortgage process straightforward and stress-free, with particular expertise in first-time homebuyer programs and government-backed loans. Their local loan officers understand the Shickshinny market and provide personalized guidance through every step of the home financing process.
Loan Types:
CrossCountry Mortgage
CrossCountry Mortgage, LLC
CrossCountry Mortgage combines national lending power with local expertise through their Northeastern Pennsylvania branch. They offer an extensive portfolio of loan products with competitive rates and exceptional customer service. The local team has deep knowledge of the Shickshinny area real estate market and provides personalized attention throughout the mortgage process. Their high rating reflects consistent customer satisfaction with communication, efficiency, and loan expertise.
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Frequently Asked Questions
Common questions about mortgage lending in Shickshinny, PA
Are there any special mortgage programs for first-time homebuyers in Shickshinny, PA?
Yes, Pennsylvania offers the Keystone Home Loan Program through the Pennsylvania Housing Finance Agency (PHFA), which is available to eligible buyers in Shickshinny. This program provides competitive fixed-rate mortgages, down payment and closing cost assistance, and can be combined with the Keystone Advantage Assistance Loan for additional help. Local lenders familiar with Luzerne County can guide you through the specific income and purchase price limits that apply.
How does Shickshinny's location in a flood zone impact the mortgage process?
Given Shickshinny's proximity to the Susquehanna River, many properties are in designated flood zones. Your lender will require a flood certification, and if the home is in a Special Flood Hazard Area (SFHA), you must purchase flood insurance as a condition of the mortgage. This is a mandatory, ongoing cost that must be factored into your monthly housing budget.
What are typical property taxes like for a home in Shickshinny, and how do they affect mortgage qualification?
Property taxes in Shickshinny (Luzerne County) are a significant consideration, with rates typically ranging from 2.0% to 2.5% of the assessed home value. Lenders will include these estimated monthly tax payments in your debt-to-income (DTI) ratio calculation, which can impact how much home you qualify for. It's crucial to get an accurate tax estimate for any property you're considering.
Are USDA Rural Development loans available for homes in Shickshinny, PA?
Yes, Shickshinny is eligible for USDA Rural Development loans, which offer 100% financing (no down payment) for qualified buyers and properties. This can be an excellent option given the area's rural designation. You must meet income eligibility limits for Luzerne County and purchase a home that meets USDA property standards.
How does the appraisal process work for Shickshinny's older or unique homes?
Shickshinny has many historic and older homes, which can require a specialized appraisal. Lenders will need an appraiser familiar with the local market and the valuation methods for older construction. Unique features or needed repairs identified in the appraisal could affect the loan's conditions or require specific escrow holds, so working with a local lender experienced in these properties is key.
Nearby Cities
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Why Choose a Mortgage Lender in Shickshinny?
Local Market Knowledge
Lenders who understand Shickshinny'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 Shickshinny and get competitive rates on your home loan.