The Best Mortgage Lenders in Warren, PA
Compare verified mortgage lenders serving Warren, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Warren
Featured Mortgage Lenders
Northwest Bank Mortgage Team
Northwest Bank
Northwest Bank stands as Warren's premier local mortgage lender with deep community roots and exceptional customer satisfaction ratings. As a established community bank with over 125 years of service, their mortgage team offers personalized service with local underwriting and decision-making. They consistently receive high marks for their competitive rates, transparent process, and commitment to the Warren community. Their experienced loan officers provide comprehensive guidance through conventional, government-backed, and specialized loan programs with the advantage of local servicing throughout the loan life.
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Tom Fraley
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation, through local loan officer Tom Fraley based in nearby Erie, serves Warren homebuyers with exceptional service and highly competitive rates. With nearly 300 excellent reviews, this nationally recognized mortgage lender maintains a strong local presence in Northwestern Pennsylvania. They're particularly noted for their efficient processing, wide range of loan products, and exceptional communication throughout the mortgage process. Their expertise with first-time homebuyer programs and government-backed loans makes them a top choice for Warren residents.
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Guild Mortgage Company
Guild Mortgage Company
Guild Mortgage brings over 60 years of mortgage expertise to Warren homebuyers with a strong focus on customer education and community lending. As a top-rated regional mortgage lender serving Northwestern Pennsylvania, they excel in providing personalized mortgage solutions with competitive rates and exceptional service. Their local loan officers are particularly skilled at navigating down payment assistance programs and first-time homebuyer options. Guild's commitment to keeping loans in-house for servicing ensures long-term relationships and reliable support for Warren homeowners.
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Frequently Asked Questions
Common questions about mortgage lending in Warren, PA
Are there any local down payment assistance programs specifically for homebuyers in Warren, PA?
Yes, the Warren County Housing Authority offers a First-Time Homebuyer Program that provides down payment and closing cost assistance in the form of a deferred, forgivable loan. Additionally, the Pennsylvania Housing Finance Agency (PHFA) offers statewide programs like Keystone Home Loan and HOMEstead, which are actively used by lenders in Warren to help with down payments and offer competitive interest rates.
How do property taxes in Warren County impact my mortgage affordability?
Warren County has relatively modest property tax rates compared to many other areas in Pennsylvania. However, taxes can vary between boroughs, townships, and school districts. Your lender will calculate these taxes into your total monthly payment via an escrow account. It's crucial to get an accurate tax estimate for the specific property, as this directly affects your debt-to-income ratio and overall loan qualification.
What types of properties are common for mortgage financing in Warren, and are there any special considerations?
Warren features a mix of single-family homes, historic properties, and rural land. Financing for homes on larger, rural lots is common, but lenders may require additional well and septic inspections. For homes in the historic district, ensure your appraisal recognizes the value of historic features, and consider that some renovation loans (like FHA 203(k)) may be useful for updates while preserving character.
What are typical mortgage rates for borrowers in Warren, PA?
Mortgage rates in Warren align with national and state averages but can be influenced by your specific financial profile and loan type. Local lenders familiar with the Warren market may offer competitive terms. For the most accurate picture, it's best to get quotes from a few local banks or credit unions, as they often have a strong presence and understanding of the local economy and property values.
As a first-time homebuyer in Warren, what local resources should I utilize?
Start with the free homebuyer education course required for PHFA programs, often available online or through local housing counselors. Connect with the Warren County Housing Authority for guidance on their programs. Also, consider building a relationship with a community bank or credit union in Warren, as they often have more flexible underwriting and deep knowledge of the local real estate market.
Why Choose a Mortgage Lender in Warren?
Local Market Knowledge
Lenders who understand Warren'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 Warren and get competitive rates on your home loan.