The Best Mortgage Lenders in Saxon, WV
Compare verified mortgage lenders serving Saxon, West Virginia. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Saxon
Featured Mortgage Lenders
Jason Harrah
Movement Mortgage
Jason Harrah with Movement Mortgage is one of the highest-rated mortgage professionals serving the Southern West Virginia region, including Saxon. With nearly 15 years of experience, he specializes in helping rural homebuyers navigate USDA loans and other government-backed programs that are particularly valuable in West Virginia's rural communities. His exceptional 4.9-star rating across multiple review platforms reflects consistent customer satisfaction with his responsive communication and expertise in local market conditions.
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WesBanco Mortgage Department
WesBanco Bank
WesBanco is a deeply established West Virginia-based community bank with a strong presence throughout the state, including service to Saxon and surrounding Webster County. With over 150 years of operation, they offer exceptional local market knowledge and personalized mortgage services. Their mortgage team receives high marks for competitive rates, local decision-making, and understanding the unique needs of West Virginia homebuyers, particularly in rural areas like Saxon.
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Member Services
WV United Federal Credit Union
WV United Federal Credit Union serves members throughout West Virginia, including Saxon and Webster County residents. As a member-owned financial cooperative, they offer highly competitive mortgage rates and personalized service. Their mortgage specialists are particularly skilled with first-time homebuyer programs and government-backed loans that benefit rural West Virginia communities. With over 70 years serving the state, they have deep understanding of local housing markets and consistently receive excellent ratings for customer service.
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Frequently Asked Questions
Common questions about mortgage lending in Saxon, WV
Are there any special mortgage programs for first-time homebuyers in Saxon, WV?
Yes, the West Virginia Housing Development Fund (WVHDF) offers several programs, including the Homeownership Program with competitive interest rates and down payment assistance, which is widely accessible to Saxon residents. These programs are particularly valuable in a lower-cost market like Saxon, where they can significantly reduce the upfront costs of purchasing a home.
How does the rural nature of Saxon, WV, affect my mortgage options?
Due to Saxon's location in rural Mingo County, many properties may qualify for USDA Rural Development loans, which offer 100% financing with no down payment required. This is a major advantage for buyers in the area, as conventional loan requirements can be a barrier in markets with more modest incomes and property values.
What are typical property taxes in Saxon, and how do they impact my mortgage payment?
Property taxes in Mingo County, where Saxon is located, are relatively low compared to national averages. For a typical home in Saxon, annual property taxes often range from $300 to $600. Your lender will include this estimated amount in your monthly escrow payment, making your overall housing payment very affordable.
Is it difficult to get a mortgage for a manufactured home in Saxon, WV?
Financing for manufactured homes in Saxon is common but has specific requirements. The home must be permanently affixed to a foundation and classified as real property. Local lenders and credit unions familiar with the area are often the best sources for these loans, which may be offered through the WVHDF or as portfolio loans.
How do local lenders in the Saxon area differ from national banks for mortgages?
Local lenders, such as community banks and credit unions in the Williamson/Logan area, often have a deeper understanding of Saxon's specific property values and the local economy. They may offer more flexible underwriting for unique properties and provide personalized service that can be crucial for navigating the nuances of buying a home in a small, rural community.
Why Choose a Mortgage Lender in Saxon?
Local Market Knowledge
Lenders who understand Saxon'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 Saxon and get competitive rates on your home loan.