The Best Mortgage Lenders in Taylorstown, PA
Compare verified mortgage lenders serving Taylorstown, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Taylorstown
Featured Mortgage Lenders
Howard Hanna Mortgage Services
Howard Hanna Financial Services
Howard Hanna Mortgage Services is one of Pennsylvania's most trusted mortgage lenders with deep roots in Western Pennsylvania communities. As part of the largest family-owned and operated independent broker in the U.S., they offer personalized service and local underwriting expertise. Their strong reputation stems from competitive rates, extensive loan program options, and dedicated local loan officers who understand the unique needs of rural Pennsylvania homebuyers in areas like Taylorstown.
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Dollar Bank Mortgage Center
Dollar Bank, FSB
Dollar Bank is a longstanding mutual bank with comprehensive mortgage services throughout Pennsylvania, including Washington County where Taylorstown is located. They are particularly noted for their competitive interest rates, low closing costs, and exceptional customer service. As a mutual bank, they prioritize customer needs over shareholder profits, offering more favorable terms and personalized guidance through the entire mortgage process for both urban and rural properties.
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CBI Bank & Trust
Citizens Bank of Pennsylvania
Citizens Bank has a strong physical presence in Washington County with multiple branches serving the Taylorstown area. They offer a complete range of mortgage products with the advantage of local decision-making and personalized service. Their mortgage specialists are experienced with rural property financing and understand the specific requirements of Southwestern Pennsylvania homebuyers. The bank consistently receives high marks for transparent communication, reliable processing, and competitive rate offerings.
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Frequently Asked Questions
Common questions about mortgage lending in Taylorstown, PA
What are the typical down payment requirements for homes in Taylorstown, PA, given its rural setting?
In Taylorstown and surrounding Washington County, conventional loans often require a 5-20% down payment. However, due to the area's more affordable home prices compared to urban centers, many buyers successfully utilize USDA Rural Development loans, which offer 0% down payment options for eligible properties and borrowers in this designated rural area, making homeownership more accessible.
Are there any first-time homebuyer programs specific to Taylorstown or Washington County that can help with closing costs?
Yes, the Pennsylvania Housing Finance Agency (PHFA) offers the Keystone Home Loan program and the Keystone Government Loan program, which are available statewide, including in Taylorstown. These programs provide competitive interest rates and can be combined with PHFA's closing cost assistance grants, which offer up to $2,000 in help for first-time buyers who complete a homebuyer education course.
How does the lack of a local bank branch in Taylorstown affect the mortgage process?
While Taylorstown itself is small, lenders are very familiar with serving rural communities. The mortgage process is largely handled online and by phone. It's important to work with a lender experienced in rural properties, as they will properly appraise homes with well and septic systems, which are common in the area, and can efficiently manage documentation through electronic means or nearby branches in towns like Washington or Canonsburg.
What should I know about getting a mortgage for a property with land in Taylorstown?
Lenders will treat a primary residence with a few acres as a standard mortgage. However, if the parcel is larger (typically over 10 acres) or has commercial potential like farmland, it may require a specialized "rural" or "agricultural" loan product. An appraisal will carefully distinguish the value of the home from the land value, which can impact the loan-to-value ratio and available loan programs.
Are mortgage rates in Taylorstown, PA, different from the national average?
Mortgage rates are primarily set by national markets and your personal financial profile, not your specific town. However, local competition among lenders in Washington County can lead to slight variations in offered rates and fees. Working with a local credit union, like one based in Washington, PA, or a lender with strong rural community ties can sometimes provide more competitive terms or specialized knowledge for the area.
Nearby Cities
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Why Choose a Mortgage Lender in Taylorstown?
Local Market Knowledge
Lenders who understand Taylorstown'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 Taylorstown and get competitive rates on your home loan.