The Best Mortgage Lenders in Troy, PA
Compare verified mortgage lenders serving Troy, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Troy
Featured Mortgage Lenders
First Citizens Community Bank
First Citizens Community Bank
First Citizens Community Bank is a highly-rated local institution serving Troy and Bradford County since 1998. Known for its community-focused approach, they offer personalized mortgage services with competitive rates and a wide range of loan products. Their local branch in Towanda ensures dedicated customer support and deep knowledge of the regional real estate market, making them a trusted choice for homebuyers in the area.
Loan Types:
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a top-rated national mortgage lender with a strong presence in Pennsylvania, serving Troy residents through its innovative digital platform and local loan officers. Founded in 2000, they are praised for competitive rates, efficient processing, and high customer satisfaction. Their extensive review base highlights reliability and a seamless borrowing experience for various mortgage needs.
Loan Types:
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation has built a stellar reputation since 1996 for exceptional customer service and local expertise in Pennsylvania, including Troy. They offer a comprehensive suite of mortgage products with a focus on personalized guidance and quick closings. Their high review counts and consistent ratings reflect a commitment to making home financing accessible and stress-free.
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Frequently Asked Questions
Common questions about mortgage lending in Troy, PA
Are there any special mortgage or down payment assistance programs for homebuyers in Troy, PA?
Yes, Pennsylvania offers statewide programs like the PHFA Keystone Home Loan and the HOMEstead Down Payment and Closing Cost Assistance program, which are accessible to eligible buyers in Troy. Additionally, local lenders may have relationships with regional initiatives or grants specific to Bradford County, so it's important to ask about local options when shopping for a mortgage.
How do property taxes in Troy and Bradford County impact my mortgage affordability?
Bradford County has relatively modest property tax rates compared to many parts of Pennsylvania, which can improve overall housing affordability. Your lender will calculate an escrow payment for these taxes as part of your monthly mortgage payment, and it's wise to get an estimate of the annual tax bill for any specific property you're considering, as rates can vary slightly between municipalities.
What types of properties are most common for mortgage financing in Troy, and does that affect loan options?
Troy's housing stock consists largely of single-family homes, often on larger lots, along with some manufactured homes in the surrounding rural areas. Financing for standard single-family homes is straightforward, but if you're considering a manufactured home or a property with significant acreage, you'll want to work with a lender experienced in rural and non-standard property types common to the region.
As a first-time homebuyer in a small town like Troy, what should I know about the local mortgage process?
The process in Troy can be more personalized, with local community banks and credit unions playing a significant role. They often have strong knowledge of the local real estate market and may offer more flexible underwriting for properties with unique characteristics. It's highly recommended to get pre-approved with a local lender, as sellers often favor buyers who use reputable local institutions.
Do lenders in Troy, PA, offer specific USDA Rural Development loans, and are most areas eligible?
Absolutely. Given Troy's rural setting, nearly all of Bradford County, including Troy, is eligible for USDA Rural Development loans, which offer 100% financing with no down payment. Most local lenders are very familiar with this program, making it a popular and advantageous option for qualified buyers looking to purchase a primary residence in the area.
Nearby Cities
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Why Choose a Mortgage Lender in Troy?
Local Market Knowledge
Lenders who understand Troy'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 Troy and get competitive rates on your home loan.