The Best Mortgage Lenders in Stevensville, PA
Compare verified mortgage lenders serving Stevensville, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Stevensville
Featured Mortgage Lenders
CrossCountry Mortgage, LLC
CrossCountry Mortgage, LLC
CrossCountry Mortgage is a highly-rated national lender with strong local presence in Northeastern Pennsylvania. With over 20 years of experience, they consistently receive exceptional reviews for their personalized service and competitive rates. Their local branch serves Stevensville and surrounding areas with a comprehensive range of loan products, including specialized programs for first-time homebuyers and veterans. Customers praise their responsive communication and smooth closing processes.
Loan Types:
Fidelity Bank
Fidelity Bank
Fidelity Bank is a well-established regional financial institution with deep roots in Bradford County and surrounding areas. Serving Stevensville for over a century, they offer local decision-making and personalized mortgage services. Their experienced loan officers provide competitive rates and flexible terms, with particular strength in construction loans and home equity products. The bank maintains an excellent reputation for community involvement and customer satisfaction.
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Pennstar Bank
Pennstar Bank
Pennstar Bank is a trusted community bank serving the Stevensville area with comprehensive mortgage services. With over 50 years of local banking experience, they offer competitive rates and personalized attention throughout the loan process. Their mortgage team specializes in both purchase and refinance transactions, with expertise in various government-backed loan programs. Customers consistently praise their local expertise, transparent communication, and efficient closing processes.
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Frequently Asked Questions
Common questions about mortgage lending in Stevensville, PA
What are the typical mortgage rates available to homebuyers in Stevensville, PA, and how do they compare to state averages?
Mortgage rates in Stevensville are generally competitive with statewide Pennsylvania averages, but can be slightly higher due to its more rural location in Bradford County. As of recent trends, rates for a 30-year fixed mortgage often range from the mid-6% to low-7% APR, influenced by the borrower's credit profile and loan-to-value ratio. It's advisable to shop local lenders familiar with the area, as they may offer more favorable terms than national banks.
Are there any special mortgage or down payment assistance programs for first-time homebuyers in Stevensville?
Yes, first-time homebuyers in Stevensville can access Pennsylvania's statewide PHFA (Pennsylvania Housing Finance Agency) programs, which offer competitive fixed-rate mortgages and down payment/closing cost assistance. Additionally, the Northern Tier Regional Planning & Development Commission may offer localized grants or loans for eligible buyers in Bradford County. These programs are particularly valuable given the area's moderate income levels.
How does the appraisal process work for homes in Stevensville's rural setting, and are there any unique challenges?
Appraisals in Stevensville can be more complex due to the scarcity of recent, comparable home sales ("comps") in its rural neighborhoods and surrounding farmland. Appraisers often need to look at properties in a wider geographic area, which can sometimes affect valuation. It's crucial to work with a lender who uses appraisers experienced with rural Pennsylvania properties to ensure a fair and accurate assessment.
What should I know about property taxes and insurance when calculating my monthly mortgage payment in Stevensville?
Property taxes in Stevensville and Bradford County are relatively moderate compared to urban parts of PA, but escrow calculations must account for both county and township millage rates. Furthermore, due to the rural setting and older housing stock, lenders may require specific homeowners insurance coverage, such as for well and septic systems, which can influence your total PITI (Principal, Interest, Taxes, Insurance) payment.
Are USDA Rural Development loans a viable option for mortgages in Stevensville, PA?
Absolutely. Stevensville's location makes nearly all of Bradford County eligible for USDA Rural Development loans, which offer 100% financing (no down payment) for qualified buyers and properties. This is a highly popular and advantageous program in the area, given its rural designation. Eligibility is based on income limits and the property meeting USDA standards, making it an excellent option for many local homebuyers.
Nearby Cities
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Why Choose a Mortgage Lender in Stevensville?
Local Market Knowledge
Lenders who understand Stevensville'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 Stevensville and get competitive rates on your home loan.