The Best Mortgage Lenders in Sharon, VT
Compare verified mortgage lenders serving Sharon, Vermont. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Sharon
Featured Mortgage Lenders
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a highly rated national mortgage lender with a strong local presence in Burlington, serving Sharon and throughout Vermont. Known for its competitive rates, digital mortgage process, and exceptional customer service, it has built a reputation for efficiency and transparency. With over two decades of experience, it offers a wide range of loan products and has consistently high customer satisfaction ratings, making it a top choice for homebuyers in the region.
Loan Types:
Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a reputable nationwide lender with a dedicated regional office in Essex Junction, actively serving Sharon and surrounding Vermont communities. It is praised for its fast loan processing, community-focused approach, and personalized service. Founded in 2008, it has grown to become a trusted name with strong customer reviews for its straightforward application process and support for first-time homebuyers, ensuring reliable mortgage solutions.
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Fairway Independent Mortgage
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage is a top-rated lender with a long-standing presence in South Burlington, extending services to Sharon and across Vermont. With nearly three decades of experience, it is renowned for its competitive rates, extensive loan options, and high customer satisfaction. The company emphasizes personal relationships and local expertise, making it a preferred choice for Vermont residents seeking reliable and flexible mortgage financing.
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Frequently Asked Questions
Common questions about mortgage lending in Sharon, VT
Are there any special mortgage programs for first-time homebuyers in Sharon, VT?
Yes, the Vermont Housing Finance Agency (VHFA) offers several programs, including MOVE and ASSIST, which provide competitive rates and down payment assistance. These programs are particularly valuable in Sharon, where buyers may be competing with out-of-state purchasers, helping local residents achieve homeownership with more favorable terms.
How do property types common in Sharon, like older homes or land parcels, affect the mortgage process?
Many Sharon properties include older farmhouses or homes requiring updates, which can impact appraisal and loan approval. For a standard mortgage, the home must meet minimum property standards; for significant renovations, a renovation loan like the FHA 203(k) might be necessary. Purchasing raw land typically requires a specialized land loan or significant cash, as traditional mortgages won't cover it.
What are typical mortgage rates for borrowers in Sharon, VT?
Rates in Sharon generally align with national averages but can be influenced by your lender's local market presence and your financial profile. Working with a Vermont-based lender familiar with the Upper Valley region can sometimes provide more competitive terms, especially for programs like VHFA's, which often feature below-market rates for eligible buyers.
Does Sharon's location in a rural area qualify buyers for USDA Rural Development loans?
Absolutely. Most of Sharon, VT, is eligible for USDA Single Family Housing Guaranteed Loans, which offer 100% financing with no down payment. This is a major advantage for qualifying buyers, making homeownership more accessible in this rural town, though income limits and property eligibility do apply.
How does the competitive Upper Valley housing market impact the mortgage pre-approval process in Sharon?
With low inventory and high demand in the Sharon area, a strong pre-approval is essential to be taken seriously by sellers. You should obtain a full, verified pre-approval (not just a pre-qualification) from a reputable local lender. This demonstrates you are a ready and capable buyer, which is crucial when competing against cash offers or buyers from the broader Hanover/Norwich region.
Nearby Cities
Explore mortgage lenders in cities near Sharon, VT
Why Choose a Mortgage Lender in Sharon?
Local Market Knowledge
Lenders who understand Sharon'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 Vermont.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Sharon and get competitive rates on your home loan.