The Best Mortgage Lenders in Comfort, WV
Compare verified mortgage lenders serving Comfort, West Virginia. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Comfort
Featured Mortgage Lenders
Union Home Mortgage
Union Home Mortgage - Morgantown
Union Home Mortgage has established itself as one of the highest-rated mortgage lenders in northern West Virginia, serving Comfort and surrounding areas with exceptional customer service. With nearly two decades of experience, they specialize in rural and suburban home financing, including USDA loans which are particularly relevant for Comfort's location. Their team has deep knowledge of West Virginia's unique housing market and offers personalized service with competitive rates. Customers consistently praise their responsive communication, streamlined process, and ability to close loans efficiently.
Loan Types:
Clear Mountain Bank
Clear Mountain Bank
As a community-focused bank headquartered in Morgantown, Clear Mountain Bank has been serving Comfort and surrounding Preston County communities for over two decades. They offer a comprehensive range of mortgage products with the personal touch of a local institution while maintaining competitive rates. Their mortgage specialists have extensive experience with rural properties and understand the specific needs of West Virginia homeowners. The bank is known for its straightforward approach, local decision-making, and commitment to the communities they serve, making them a trusted choice for Comfort area residents.
Loan Types:
First Exchange Bank
First Exchange Bank
First Exchange Bank has built a strong reputation throughout northern West Virginia, including service to Comfort and surrounding areas. While headquartered in Weirton, they actively serve multiple counties with specialized knowledge of West Virginia's rural housing markets. Their mortgage team excels at guiding first-time homebuyers through the process while also serving experienced homeowners with refinancing and construction loans. Customers highlight their attention to detail, local expertise, and willingness to go above expectations. The bank's community-focused approach and understanding of regional property types make them an excellent choice for Comfort residents.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Comfort, WV
What are typical mortgage rates like for homes in Comfort, WV, and how do they compare to state averages?
Mortgage rates in Comfort are generally competitive with the West Virginia state average, which often trends slightly above the national rate. For a conventional 30-year fixed loan, you can expect rates to be in a similar range to those in nearby towns like Madison. It's wise to shop around with both local community banks and credit unions, as they may offer favorable terms for properties in rural Boone County.
Are there any down payment assistance programs specifically for buying a home in Comfort or Boone County?
Yes, the West Virginia Housing Development Fund (WVHDF) offers several statewide programs, like the Homeownership Program, which are accessible to buyers in Comfort. These programs provide competitive interest rates and down payment/closing cost assistance for eligible first-time and repeat buyers. Given Comfort's rural setting, some USDA Rural Development loans may also be available, offering 100% financing with no down payment required for qualified borrowers and properties.
How does the appraisal process work for a home in a rural area like Comfort, given the unique property types?
Appraisals in Comfort can be more complex due to the scarcity of recent, comparable home sales ("comps") in the immediate area. Appraisers often need to look at sales in a wider radius, including similar communities in Boone County. This can sometimes lead to valuation challenges, so it's important for buyers to be patient and for sellers to provide detailed information about their property's features and land value.
What should I know about property taxes and insurance when calculating my monthly mortgage payment in Comfort?
Boone County, where Comfort is located, has relatively low property tax rates compared to national averages, which can make homeownership more affordable. However, you should budget for higher-than-average homeowners insurance premiums due to the rural location, which can increase fire department response times and the risk of certain perils. Your lender will help you set up an escrow account to manage these payments as part of your monthly mortgage.
Are there any local lenders or credit unions in the Comfort area that specialize in rural mortgages?
While Comfort itself is a small community, nearby towns like Madison and Danville have local banks and credit unions, such as City National Bank and Peoples Bank of Danville, that have extensive experience with mortgages in Boone County. These institutions often have a better understanding of local property values and may offer more personalized service for USDA or FHA loans, which are common in this region, compared to large national lenders.
Why Choose a Mortgage Lender in Comfort?
Local Market Knowledge
Lenders who understand Comfort'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 Comfort and get competitive rates on your home loan.