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Chester, WV

The Best Mortgage Lenders in Chester, WV

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

3
Top Lenders
4.8
Avg Rating
650+
Reviews
10
Loan Types

Available Loan Programs in Chester

Conventional
FHA
VA
USDA
Jumbo
Refinance
First-time Homebuyer
Construction
Home Equity
First-time Homebuyer Programs

Featured Mortgage Lenders

1

Chris Fodor

Paramount Financial, Inc.

★★★★☆
4.9/5

Paramount Financial is one of the highest-rated mortgage lenders in the Northern Panhandle region, serving Chester and surrounding areas with exceptional customer service. With over two decades of experience, they specialize in personalized mortgage solutions and have built a strong reputation for competitive rates and transparent processes. Their team, led by experienced loan officer Chris Fodor, is known for guiding clients through every step of the mortgage process with expertise and care, making them a top choice for homebuyers in the Chester area.

Experience:21 years
Reviews:150 customer reviews
3392 Main Street, Weirton, WV 26062

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceFirst-time Homebuyer
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2

Mortgage Department

WesBanco Bank

★★★★☆
4.7/5

WesBanco is a well-established regional bank with deep roots in the Ohio Valley and strong presence throughout West Virginia. Their mortgage division serves Chester residents with comprehensive lending options and local decision-making. With over 150 years in banking, they offer the stability of a large institution combined with personalized local service. Customers praise their competitive rates, knowledgeable loan officers, and streamlined application process. Their physical branches throughout the region provide convenient in-person service options for Chester area homebuyers.

Experience:25+ years
Reviews:200 customer reviews
401 Washington Street, New Cumberland, WV 26047

Loan Types:

ConventionalFHAVAUSDAConstructionRefinanceHome Equity
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3

Steubenville Branch

CrossCountry Mortgage, LLC

★★★★☆
4.8/5

CrossCountry Mortgage has established itself as a top-rated mortgage lender serving the tri-state area including Chester, WV. Their Steubenville branch is conveniently located just across the river and specializes in serving clients throughout the Northern Panhandle. With nearly two decades of experience, they offer a wide range of loan products and are particularly praised for their responsive service and competitive rates. Their digital mortgage platform combined with local expertise makes them a popular choice for tech-savvy homebuyers while maintaining personalized service that Chester residents appreciate.

Experience:18 years
Reviews:300 customer reviews
125 South 4th Street, Steubenville, OH 43952

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceFirst-time Homebuyer Programs
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Frequently Asked Questions

Common questions about mortgage lending in Chester, WV

What are the typical down payment requirements for a mortgage in Chester, WV, given the local home prices?

In Chester, where the median home price is significantly below the national average, many conventional loans can be obtained with a 3-5% down payment. For a home priced around $150,000, this translates to $4,500-$7,500 down. Furthermore, eligible buyers can utilize USDA Rural Development loans, which offer 0% down payment options, as Chester qualifies as a rural area under USDA guidelines.

Are there any special first-time homebuyer programs or grants available specifically for Chester, WV?

Yes, West Virginia offers the SmartMove WV program, which provides down payment and closing cost assistance in the form of a forgivable second mortgage. This program is available statewide, including in Chester, for income-eligible first-time homebuyers. Additionally, the West Virginia Housing Development Fund (WVHDF) offers competitive first mortgage loans with below-market interest rates to qualified buyers.

How do property taxes in Hancock County impact my monthly mortgage payment in Chester?

Hancock County, where Chester is located, has relatively low property tax rates compared to national averages. The effective property tax rate is approximately 0.55%, meaning your annual tax on a $150,000 home would be around $825. Lenders will escrow this amount, adding about $69 to your monthly principal and interest payment, which helps keep overall housing costs manageable.

What type of property appraisal challenges are common in the Chester, WV, housing market?

Appraisals in Chester can sometimes be challenging due to the older housing stock and the need for comparable sales ("comps") in a smaller, less active market. Appraisers may need to look at recent sales in nearby towns like New Cumberland or East Liverpool, OH, to find suitable comps. It's important for buyers to work with a local lender familiar with appraisers who understand the tri-state area's unique market dynamics.

Is flood insurance required for a mortgage on homes in Chester, given its location along the Ohio River?

While Chester is situated on the Ohio River, not all properties are in a designated high-risk flood zone (Special Flood Hazard Area). Your lender will require a Flood Zone Determination as part of the loan process. If the property is in a high-risk zone, flood insurance will be mandatory. It's crucial to check the FEMA Flood Map for the specific property, as this can significantly affect your total monthly housing cost.

Mortgage Insights

Finding Your Perfect Mortgage Match in Chester, WV: Why "Near Me" Matters

If you're starting the exciting journey to buy a home in Chester, typing "mortgage broker near me" into your search bar is a smart first move. But in a close-knit community like ours, that search means more than just finding the closest office. It's about finding a financial partner who understands the unique heartbeat of the Northern Panhandle and can navigate its specific opportunities. Here’s how to make that local search work for you.

Chester’s housing market presents a distinct blend of affordability, historic charm, and tight-knit neighborhoods. A local mortgage broker doesn't just see numbers; they see the value in a well-kept home on Carolina Avenue, understand the nuances of properties near the historic suspension bridge, and know how different areas hold their value. This hyper-local expertise is invaluable when it comes to getting an accurate appraisal and securing the right loan for a home that might not have a direct comparison in a larger city.

When looking for your broker, prioritize those with deep roots in Hancock County and the Tri-State Area. Ask them directly: "How many loans have you closed for buyers in Chester and the immediate surrounding towns?" Their answer will tell you a lot. A truly local expert will be intimately familiar with the timelines and requirements of the Hancock County Clerk’s office, making the closing process smoother.

Now, let's talk West Virginia-specific advantages. This is where a knowledgeable local broker truly shines. They can guide you through state-sponsored programs like the West Virginia Housing Development Fund (WVHDF). These programs often offer competitive interest rates, down payment assistance, and favorable terms for first-time homebuyers—a fantastic boost in our market. Furthermore, a broker who knows the region can advise on USDA Rural Development loans, which are highly relevant for many areas around Chester and can offer 100% financing options for eligible buyers.

Your actionable checklist starts with interviews. Don't just pick the first name in the search results. Meet with two or three brokers who serve our area. Ask them to compare a conventional loan with a WVHDF program for your situation. Inquire about their experience with the types of homes you're viewing—whether it's a move-in-ready ranch or a property that might need some work. Finally, gauge their communication style. You want someone who explains the often-complex mortgage process in clear terms and is readily available to answer questions.

In Chester, your mortgage broker should be a trusted guide, not just a faceless lender. By choosing a professional embedded in our community, you gain an advocate who is invested in helping you successfully plant roots right here at home. Take the time to find that local partner; it’s the first step toward turning a house in Chester into your home.

Nearby Cities

Explore mortgage lenders in cities near Chester, WV

Why Choose a Mortgage Lender in Chester?

Local Market Knowledge

Lenders who understand Chester'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 West Virginia.

Ready to Find Your Perfect Mortgage Lender?

Connect with top-rated mortgage professionals in Chester and get competitive rates on your home loan.