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Waverly, WV

The Best Mortgage Lenders in Waverly, WV

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

3
Top Lenders
4.8
Avg Rating
515+
Reviews
9
Loan Types

Available Loan Programs in Waverly

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

Featured Mortgage Lenders

1

Jason Henthorn

Movement Mortgage

★★★★☆
4.9/5

Movement Mortgage has established a strong presence in West Virginia with Jason Henthorn as one of their top-performing loan officers serving the Waverly area. With over 125 excellent reviews and a near-perfect 4.9 rating, they specialize in providing personalized mortgage solutions with a focus on local community service. Their efficient process and commitment to customer satisfaction make them a top choice for homebuyers in Wood County and surrounding areas, offering competitive rates and comprehensive loan options including specialized programs for rural properties common in the Waverly region.

Experience:14 years
Reviews:125 customer reviews
3500 Emerson Avenue, Parkersburg, WV 26104

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

WesBanco Mortgage Department

WesBanco Bank

★★★★☆
4.7/5

As one of West Virginia's most established financial institutions, WesBanco has been serving the Waverly community for generations through their Parkersburg branch. With a 4.7 rating and extensive experience in Appalachian housing markets, they offer deep local knowledge and competitive mortgage products. Their long-standing presence in the region provides stability and trustworthiness, with specialized understanding of rural property financing and local real estate conditions. WesBanco's comprehensive mortgage services include construction loans particularly valuable for Waverly's developing areas.

Experience:150+ years
Reviews:300 customer reviews
401 Market Street, Parkersburg, WV 26101

Loan Types:

ConventionalFHAVAUSDAConstructionHome EquityRefinance
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3

Chris Henson

Union Home Mortgage

★★★★☆
4.8/5

Chris Henson with Union Home Mortgage brings over a decade of mortgage expertise specifically to the Waverly and greater Wood County market. With a 4.8 rating and numerous positive reviews highlighting his responsiveness and local market knowledge, he provides tailored mortgage solutions for the unique needs of Waverly residents. Union Home Mortgage's established track record since 1990 combined with Chris's personalized approach makes them particularly strong for first-time homebuyers and those seeking USDA rural development loans well-suited to the Waverly area's characteristics.

Experience:12 years
Reviews:90 customer reviews
Serving Parkersburg and Waverly, WV areas

Loan Types:

ConventionalFHAVAUSDAFirst-time HomebuyerRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Waverly, WV

What are the typical down payment requirements for homes in Waverly, WV, given its more rural setting?

While standard loans often require 3-5% down, the rural nature of Waverly and Tyler County can make buyers eligible for USDA Rural Development loans, which offer 0% down payment options. Local lenders are very familiar with these programs, which are a significant advantage for qualifying buyers in this area, making homeownership more accessible.

Are there any local or state-specific first-time homebuyer programs that Waverly residents should know about?

Yes, the West Virginia Housing Development Fund (WVHDF) offers several programs, including down payment assistance and competitive interest rate loans, which are accessible to Waverly buyers. These programs often have income and purchase price limits that are very attainable for the local market, providing crucial support for first-time buyers in Tyler County.

How does the appraisal process work in Waverly, where comparable home sales can be limited?

Appraisals in Waverly's smaller market can be challenging due to fewer recent sales. Lenders often work with appraisers who have local expertise and may need to look at comparable properties in nearby towns like Middlebourne or Sistersville. Being prepared for a potentially longer process and understanding that unique properties may require more analysis is key.

What type of property inspections are especially important when getting a mortgage for a home in Waverly?

Given the age of many homes and the rural landscape, a thorough general inspection is crucial. Buyers should strongly consider specialized inspections for septic systems and private wells, which are common, as lenders may require these to be in good working order. Additionally, checking for structural issues related to older foundations is wise.

Do mortgage lenders in West Virginia offer any special considerations for properties with acreage, which is common around Waverly?

Yes, but with important caveats. Lenders typically differentiate between "non-farm" residential properties with a few acres and active farmland. For a home with 5-20 acres, a standard mortgage is usually possible if the land supports the residential use. For larger tracts, you may need an agricultural or land loan, which has different requirements. Always discuss the exact acreage with your lender upfront.

Mortgage Insights

Finding Your Perfect Fit: Why a Local Mortgage Broker is Your Waverly Homebuying Advantage

Searching for a "mortgage broker near me" in Waverly, West Virginia, is more than just a convenience—it’s a strategic move that can unlock your path to homeownership in our unique community. While online lenders are a click away, partnering with a broker who knows the backroads of Ritchie County and the nuances of our local market can make all the difference.

Waverly offers a blend of small-town charm, natural beauty, and affordability that is increasingly rare. A local mortgage broker understands this value proposition intimately. They can look beyond just the numbers on an application and see the full picture of a buyer’s situation, which is crucial in a close-knit market where word-of-mouth and personal relationships carry significant weight. They have their finger on the pulse of what homes are actually selling for in neighborhoods around North Bend Lake or along the Hughes River, ensuring you get accurate advice on loan amounts and property valuations.

From a practical standpoint, here’s how a local broker helps you as a Waverly homebuyer. First, they have access to a wide network of lenders, including local and regional banks and credit unions that might offer special programs or have a better understanding of rural property appraisals—a key consideration here. They can help you navigate the specifics of purchasing a home on well water or a larger parcel of land, issues that can sometimes trip up national lenders.

Furthermore, West Virginia offers several regional programs that a knowledgeable broker can guide you through. The West Virginia Housing Development Fund (WVHDF) provides competitive first-time homebuyer loans, down payment assistance, and special programs for veterans, teachers, and healthcare workers. A broker based in our area will be well-versed in these opportunities and can determine if you qualify, potentially saving you thousands of dollars.

Your actionable advice starts with seeking referrals. Ask your real estate agent, friends, or family in the area for broker recommendations. When you speak with a potential broker, ask them directly: "What is your experience with homes in the Waverly and Ritchie County area?" and "Can you tell me about West Virginia-specific down payment assistance programs?" Their answers will reveal their local expertise.

In a town like Waverly, buying a home is a personal journey. By choosing a mortgage broker who is invested in this community, you’re not just getting a loan officer; you’re gaining a knowledgeable guide who can help you secure not just a house, but your place in our community. Take the time to find a local professional—it’s the first smart step toward calling Waverly home.

Nearby Cities

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Why Choose a Mortgage Lender in Waverly?

Local Market Knowledge

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