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Swanton, VT

The Best Mortgage Lenders in Swanton, VT

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

3
Top Lenders
4.7
Avg Rating
604+
Reviews
13
Loan Types

Available Loan Programs in Swanton

Fixed-rate mortgages
Adjustable-rate mortgages
FHA loans
VA loans
USDA loans
Jumbo loans
Construction loans
VHFA loans
Conventional mortgages
Home equity loans
Refinancing
Construction-to-permanent loans
Lot loans

Featured Mortgage Lenders

1

Vermont State Employees Credit Union (VSECU)

VSECU

★★★★☆
4.8/5

VSECU is one of Vermont's most trusted mortgage lenders with an exceptional reputation statewide. While headquartered in Montpelier, they serve all of Vermont including Swanton residents. They offer comprehensive mortgage solutions with specialized programs for first-time homebuyers and competitive rates. Their high customer satisfaction ratings stem from personalized service, local underwriting, and deep understanding of Vermont's unique housing market. They consistently receive top marks for their member-focused approach and community involvement throughout the state.

Experience:76 years
Reviews:285 customer reviews
1 Bailey Avenue, Montpelier, VT 05602

Loan Types:

Fixed-rate mortgagesAdjustable-rate mortgagesFHA loansVA loansUSDA loansJumbo loansConstruction loansVHFA loans
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2

North Country Federal Credit Union

North Country Federal Credit Union

★★★★☆
4.7/5

North Country Federal Credit Union has been serving Northwestern Vermont communities including Swanton for over seven decades. They maintain strong local presence with multiple branches throughout the region and offer highly competitive mortgage rates to members. Their mortgage team provides personalized guidance through the entire home buying process, with particular expertise in rural and suburban Vermont properties. Customers consistently praise their responsive service, transparent communication, and ability to close loans efficiently while maintaining local decision-making.

Experience:77 years
Reviews:192 customer reviews
47 Pearl Street, Burlington, VT 05401

Loan Types:

Conventional mortgagesFHA loansVA loansUSDA loansFixed-rate mortgagesAdjustable-rate mortgagesHome equity loansRefinancing
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3

Peoples Trust Company

Peoples Trust Company

★★★★☆
4.6/5

As a community bank headquartered just 10 miles from Swanton in St. Albans, Peoples Trust Company has deep roots in Franklin County and extensive experience with local real estate. They offer the advantage of true local underwriting and decision-making, with loan officers who understand the specific market conditions in Northwestern Vermont. Their long history in the community, combined with competitive mortgage products and personalized service, makes them a top choice for Swanton area homebuyers seeking a traditional banking relationship with local expertise.

Experience:135 years
Reviews:127 customer reviews
100 Main Street, St. Albans, VT 05478

Loan Types:

Fixed-rate mortgagesAdjustable-rate mortgagesConstruction-to-permanent loansLot loansJumbo loansFHA loansVA loansRefinancing
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Frequently Asked Questions

Common questions about mortgage lending in Swanton, VT

Are there any special mortgage programs for first-time homebuyers in Swanton, VT?

Yes, the Vermont Housing Finance Agency (VHFA) offers several programs, including MOVE and ASSIST, which provide competitive interest rates and down payment assistance. These programs are particularly valuable in Swanton, where median home prices in Franklin County can be more accessible than in Chittenden County, making homeownership achievable with lower upfront costs.

How do property taxes in Swanton impact my monthly mortgage payment?

Swanton's property tax rate is set by the town and Franklin County, and it is a significant component of your escrow payment. The current municipal rate is approximately $0.85 per $100 of assessed value, but it's crucial to get the exact figure for a specific property, as taxes can vary. Lenders will factor this into your Debt-to-Income ratio, so understanding this local cost is key for budgeting.

What are typical mortgage rates available from local lenders in the Swanton area?

While rates are influenced by national trends, local lenders like Union Bank, Community National Bank, and VSECU often have competitive offerings for Swanton residents. It's common to see rates slightly below the national average for well-qualified buyers, especially for those using VHFA programs. Getting quotes from these local institutions is recommended as they understand the regional market nuances.

Does buying a home near Lake Champlain or the Missisquoi River in Swanton require special insurance considerations for my mortgage?

Absolutely. Properties in designated flood zones, especially near these water bodies, will require separate flood insurance as a mandatory condition of your mortgage loan. Your lender will order a Flood Zone Determination, and you must secure a policy through the National Flood Insurance Program (NFIP) before closing, which adds to your monthly housing cost.

How does the appraisal process work for a unique or rural property in Swanton?

Appraising rural properties, farms, or homes with significant land in Swanton can be more complex than for a standard suburban home. Lenders will work with appraisers familiar with Franklin County's rural market to find appropriate comparable sales, which may come from a wider geographic area. This process can sometimes take longer, so it's important to build extra time into your purchase contract timeline.

Nearby Cities

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Why Choose a Mortgage Lender in Swanton?

Local Market Knowledge

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