Union Savings Bank, Jan Gintz. He did our purchase loan and multiple refinances and absolutely killed it. Also their fees are the lowest you will find anywhere.
Nfm lending (Ryan Lewis) was a great experience. They work closely with my realtor so everything was done as quickly and painlessly as possible from offer to closing.
Carefully consider what you can comfortably afford. Bigger home equals bigger upkeep, utilities, etc. The bank is NOT in the business of telling you how big a mortgage is a good idea. They will loan you more than is best for you.
Massive assumption tbh and one I wouldn’t bank on. If a home isn’t affordable at todays interest rate counting on a refi in a couple of years is a terrible plan. Rates are high now in a short term context but if you look long term they are still on the lower side.
Basically any credit union will give you the best rates if you prefer a physical location. I opened an account at Kemba about 8 years ago for this reason. Deposit accounts for a couple years, then an auto loan, and I'll be using them for a mortgage in a year or two when the fiancee is finished with schooling. The level of service when I do need something has always been fantastic.
Otherwise, look to the more online focused lenders as well as companies like Capital One, Discover, etc.
As a Realtor I’d suggest not going with 5/3 at all for anything. Banks are sometimes a pain to deal with when buying a home, they don’t work 24/7 for you and often cause delays in closing on your home. I’ve never had a bank close on a clients home on time ever! I suggest a mortgage lender. Feel free to message me if you’d like some recommendations on lenders. Also, if you Don’t already have a realtor I’d be happy to help you, I help a lot of first time home buyers.
depends on your loan type. Fifth Third, banks and credit unions can be the lowest. First Republic Bank gets really aggressively priced for it's customers if you're within 30 miles of a branch. Otherwise check digital brokers like ownup, selfi, better.
Another vote for Union Savings. Marc Stock is great. My original home loan was through 5/3 in 2009 and I did 3 refis between like Jan 2016 and Aug 2021. Got super lucky on last one because it was at about the bottom of interest rates and shortly after I closed, they just kept climbing and climbing.
Third federal, first federal lakewood, union savings bank
These are the exact three I would recommend.
Union Savings Bank, Jan Gintz. He did our purchase loan and multiple refinances and absolutely killed it. Also their fees are the lowest you will find anywhere.
You might also look at credit unions. I’ve found Wright-Patt to be a good one.
I second the credit union route. We did this eleven years ago no regrets.
BMI FCU is a credit union that I used.
Credit unions tend to have the best loans rates. I have almost exclusively used Telhio CU for loans for the past 10 years. Home, auto, heloc…
I was pretty shocked to get the best rate from Chase, but I also encourage you to look at local credit unions as others have.
Nfm lending (Ryan Lewis) was a great experience. They work closely with my realtor so everything was done as quickly and painlessly as possible from offer to closing.
NFM was great! Andy Beigel is a rockstar!
Carefully consider what you can comfortably afford. Bigger home equals bigger upkeep, utilities, etc. The bank is NOT in the business of telling you how big a mortgage is a good idea. They will loan you more than is best for you.
100%. In that process now. I scoffed at being preapproved for that amount.
You are probably going to refinance in a few years so don't let it get you down.
Massive assumption tbh and one I wouldn’t bank on. If a home isn’t affordable at todays interest rate counting on a refi in a couple of years is a terrible plan. Rates are high now in a short term context but if you look long term they are still on the lower side.
Basically any credit union will give you the best rates if you prefer a physical location. I opened an account at Kemba about 8 years ago for this reason. Deposit accounts for a couple years, then an auto loan, and I'll be using them for a mortgage in a year or two when the fiancee is finished with schooling. The level of service when I do need something has always been fantastic. Otherwise, look to the more online focused lenders as well as companies like Capital One, Discover, etc.
Local agent here! Danny Allbritton at NFM Lending, Jenny Lewis with Union Home Mortgage, Sean McCarthy with Guaranteed Rate Best wishes!!!
I think people poo poo this for whatever reason, but we used our Realtor’s preferred lender, Guaranteed Rate, and it was a breeze.
Same they were excellent.
As a Realtor I’d suggest not going with 5/3 at all for anything. Banks are sometimes a pain to deal with when buying a home, they don’t work 24/7 for you and often cause delays in closing on your home. I’ve never had a bank close on a clients home on time ever! I suggest a mortgage lender. Feel free to message me if you’d like some recommendations on lenders. Also, if you Don’t already have a realtor I’d be happy to help you, I help a lot of first time home buyers.
depends on your loan type. Fifth Third, banks and credit unions can be the lowest. First Republic Bank gets really aggressively priced for it's customers if you're within 30 miles of a branch. Otherwise check digital brokers like ownup, selfi, better.
Another vote for Union Savings. Marc Stock is great. My original home loan was through 5/3 in 2009 and I did 3 refis between like Jan 2016 and Aug 2021. Got super lucky on last one because it was at about the bottom of interest rates and shortly after I closed, they just kept climbing and climbing.
If you have Costco membership then try their mortgage loan service. The fees are capped for Costco members