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Tobyhanna, PA

The Best Mortgage Lenders in Tobyhanna, PA

Compare verified mortgage lenders serving Tobyhanna, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.8
Avg Rating
525+
Reviews
11
Loan Types

Available Loan Programs in Tobyhanna

Conventional
FHA
VA
USDA
Jumbo
Refinance
First-time Homebuyer
Construction
Home Equity
Fixed & Adjustable Rate
Lot Loans

Featured Mortgage Lenders

1

Michael P. Ciaglia

CrossCountry Mortgage, LLC

★★★★☆
4.9/5

CrossCountry Mortgage's Scranton branch serves the entire Pocono Mountains region including Tobyhanna, with exceptional ratings for their local expertise and personalized service. Michael Ciaglia and his team specialize in Pennsylvania-specific mortgage programs and have extensive experience with Poconos real estate markets. They offer competitive rates and a streamlined digital application process while maintaining the personal touch of a local broker. Their high customer satisfaction ratings reflect their commitment to guiding borrowers through the entire mortgage process with transparency and expertise.

Experience:22 years
Reviews:150 customer reviews
201 Lackawanna Avenue, Scranton, PA 18503

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceFirst-time Homebuyer
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2

Fidelity Bank Mortgage Department

Fidelity Bank

★★★★☆
4.7/5

As a longstanding regional bank serving Northeastern Pennsylvania for over a century, Fidelity Bank has deep roots in the Tobyhanna area with multiple nearby branches. They combine the stability of an established financial institution with local decision-making and personalized service. Their mortgage team specializes in Poconos property financing and offers competitive rates with various loan programs tailored to local market conditions. Customers consistently praise their responsive service, local expertise, and smooth closing processes.

Experience:118 years
Reviews:200 customer reviews
348 Adams Avenue, Scranton, PA 18503

Loan Types:

ConventionalFHAVAConstructionHome EquityRefinanceFixed & Adjustable Rate
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3

Penn East Federal Credit Union Mortgage Center

Penn East Federal Credit Union

★★★★☆
4.8/5

Penn East FCU has been serving Monroe County residents including Tobyhanna for decades, offering member-focused mortgage solutions with exceptional customer service ratings. As a credit union, they typically offer more competitive rates and lower fees than traditional banks, with particular strength in first-time homebuyer programs and Poconos-specific property financing. Their local underwriting team understands the unique aspects of the Tobyhanna housing market, and members consistently report smooth, transparent processes with personalized guidance throughout their homebuying journey.

Experience:68 years
Reviews:175 customer reviews
100+ William Street, Pittston, PA 18640

Loan Types:

ConventionalFHAVAUSDAFirst-time HomebuyerConstructionLot LoansRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Tobyhanna, PA

Are there any special mortgage programs for first-time homebuyers in Tobyhanna, PA?

Yes, Pennsylvania offers the Keystone Home Loan Program, which is popular in Tobyhanna. This program provides competitive interest rates, down payment and closing cost assistance, and flexible credit guidelines. Additionally, the Monroe County Redevelopment Authority may offer local grants or programs, making homeownership more accessible in the area.

How does Tobyhanna's proximity to the military base affect mortgage lending?

Tobyhanna's location near the Tobyhanna Army Depot makes VA loans exceptionally common and well-understood by local lenders. Many lenders in the area are experienced with the specific needs of military personnel, veterans, and civilian base employees, often offering streamlined processes and special considerations for PCS (Permanent Change of Station) orders.

What are typical property taxes like for a mortgage in Tobyhanna, and how do they impact my loan?

Property taxes in Coolbaugh Township (where Tobyhanna is located) are a significant factor, with rates typically around 1.8% to 2.2% of assessed value. Lenders will carefully calculate this into your debt-to-income ratio, and you should budget for an escrow payment that can add several hundred dollars to your monthly mortgage payment, depending on the home's value.

Are USDA loans a viable option for homes in Tobyhanna, PA?

Absolutely. Much of the area surrounding Tobyhanna is classified as rural by the USDA, making many homes eligible for USDA Rural Development loans. These loans offer 100% financing (no down payment) for qualified buyers with moderate incomes, which is a major advantage in this market.

How competitive is the mortgage market in Tobyhanna, and should I use a local lender?

While you can use national lenders, working with a local lender or mortgage broker familiar with the Pocono Mountains region is highly advantageous. They understand local appraisal trends, well and septic system requirements common in the area, and can often provide faster, more personalized service, which is crucial in a competitive market influenced by buyers from New York and New Jersey.

Mortgage Insights

Finding Your Perfect Fit: Why an Independent Mortgage Broker in Tobyhanna is Your Local Advantage

If you're starting your homebuying journey in Tobyhanna, you're likely searching for that perfect blend of Pocono Mountain charm and a home that fits your budget. In this competitive and unique market, one of the smartest first steps you can take isn't just looking at listings—it's finding a trusted independent mortgage broker right here in our community. Searching for an "independent mortgage broker near me" is more than a convenience; it's a strategic move for any Tobyhanna homebuyer.

Unlike a loan officer at a single bank, an independent broker has access to a wide network of lenders. This is crucial in our area. The Tobyhanna and broader Pocono housing market attracts a diverse mix of buyers, from first-timers and growing families to those seeking vacation properties or retirement homes. A local broker understands these nuances. They know which lenders are familiar with well and septic systems common in more rural parts of Monroe County, and which ones offer the best terms for the types of homes you'll find here, from cozy cabins to newer subdivision builds.

Your local broker is your guide through Pennsylvania-specific opportunities. They can be your key to accessing valuable programs like the Pennsylvania Housing Finance Agency (PHFA) offerings, which include down payment and closing cost assistance, as well as competitive first-time homebuyer loans with attractive interest rates. A broker based in Tobyhanna will know exactly how to navigate these programs for our area and can determine if you qualify, potentially saving you thousands of dollars at closing—a game-changer for many buyers.

So, how do you find the right one? Start by asking for referrals from your local real estate agent, who works with these professionals daily. Look for brokers with strong roots in the Poconos and positive reviews that mention clear communication and patience. When you interview a potential broker, ask them directly: "How do you help clients compete in Tobyhanna's current market?" Their answer should include strategies like obtaining strong pre-approval letters (not just pre-qualifications) to make your offer stand out, and their experience with the pace of sales in our specific zip code.

The actionable advice is this: before you fall in love with a house on Walker Lake or a neighborhood near the township park, partner with an independent mortgage broker. They will provide a clear, realistic picture of what you can afford, unlock local and state-specific financial resources, and craft a loan strategy tailored to your life in Tobyhanna. In a market where the right financing is as important as the right property, your local broker isn't just a service provider—they're your advocate, ensuring your path to homeownership in the Poconos is as smooth and successful as possible.

Nearby Cities

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Why Choose a Mortgage Lender in Tobyhanna?

Local Market Knowledge

Lenders who understand Tobyhanna'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 Tobyhanna and get competitive rates on your home loan.