The Best Mortgage Lenders in Summit Hill, PA
Compare verified mortgage lenders serving Summit Hill, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Summit Hill
Featured Mortgage Lenders
Mark Bortz
Cross Country Mortgage
Mark Bortz with Cross Country Mortgage is one of the Lehigh Valley's highest-rated mortgage professionals, serving Summit Hill and surrounding Carbon County areas. With over 15 years of experience and exceptional 4.9-star ratings across multiple platforms, he's known for personalized service and competitive rates. The company offers a comprehensive range of loan products with local processing and underwriting support. Their strong community presence and dedication to customer education make them a top choice for homebuyers throughout the region.
Loan Types:
Local Branch
New American Funding
New American Funding's Allentown branch serves Summit Hill residents with exceptional mortgage services and competitive rates. As a direct lender with over 18 years of experience, they process and underwrite loans locally, providing faster closings and personalized attention. They're particularly strong with first-time homebuyer programs and offer unique products like the "Black & Latino" loan program to promote homeownership. Their 4.8-star rating reflects consistent customer satisfaction and their commitment to serving the broader Lehigh Valley and Carbon County markets.
Loan Types:
Lehighton Branch
PENFED Credit Union
PENFED Credit Union's Lehighton branch is conveniently located just minutes from Summit Hill and serves as a trusted mortgage provider for Carbon County residents. As one of the nation's largest credit unions with deep roots in Pennsylvania, they offer competitive rates and member-focused service. Their 4.7-star rating reflects excellent customer experiences with mortgage processing. PENFED is particularly strong with VA loans and offers special benefits for military families, while also providing conventional and jumbo loan options with personalized local service.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Summit Hill, PA
Are there any special mortgage or down payment assistance programs for first-time homebuyers in Summit Hill, PA?
Yes, Pennsylvania offers statewide programs like the PHFA Keystone Home Loan and the Keystone Government Loan, which are accessible to Summit Hill buyers. These often feature competitive interest rates and down payment/closing cost assistance grants. Additionally, Carbon County or local lenders may have specific programs or knowledge of community initiatives aimed at encouraging homeownership in the borough.
How do property taxes in Summit Hill and Carbon County impact my mortgage affordability?
Carbon County has relatively moderate property tax rates compared to other parts of Pennsylvania, which is a positive for affordability. Your lender will calculate these taxes into your total monthly mortgage payment, held in an escrow account. It's wise to get a precise tax estimate for any property you're considering, as rates can vary slightly between municipalities within the county.
What are typical mortgage rates I can expect from lenders serving Summit Hill, PA?
Mortgage rates in Summit Hill are influenced by national trends but can vary slightly between local banks, credit unions, and national lenders. Local institutions like Jim Thorpe Neighborhood Bank or Mauch Chunk Trust Company may offer personalized service and competitive rates. It's crucial to shop around and compare Loan Estimates, as even a small difference in rate can have a significant impact over the life of a loan in Summit Hill's market.
Does Summit Hill's location in a historic coal region affect the home appraisal or inspection process for a mortgage?
Potentially, yes. Older homes, common in Summit Hill, may require thorough inspections for issues like outdated wiring, plumbing, or structural settling. Appraisers will also consider the overall market trends in Carbon County, which can be different from larger metro areas. A specialized inspection for older home systems is highly recommended to avoid surprises that could delay your mortgage closing.
Are USDA Rural Development loans available for homes in Summit Hill, PA?
Yes, Summit Hill's population size and location make it eligible for USDA Rural Development loans, which offer 100% financing (no down payment). This can be a significant advantage for eligible buyers looking at properties within the borough limits. You should confirm a specific property's eligibility using the USDA's online mapping tool and work with a lender experienced in this program.
Nearby Cities
Explore mortgage lenders in cities near Summit Hill, PA
Why Choose a Mortgage Lender in Summit Hill?
Local Market Knowledge
Lenders who understand Summit 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 Summit Hill and get competitive rates on your home loan.