Mortgage Lenders in Troy, OH
Compare mortgage lenders in Troy. Review contact information and insurance categorys before you decide.
Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the
State Mortgage Licensing Authority of Ohio before hiring.
Showing 16 mortgage lenders in Troy, OH
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Mortgage lenders in Troy, Ohio help home buyers and homeowners secure financing for property purchases and refinancing. Ohio law requires lenders to be licensed through the Ohio Division of Financial Institutions. Local lenders in Troy offer conventional, FHA, VA, and USDA loans to meet diverse needs.
What Does a Mortgage Lender in Troy Cost?
Typical costs for a mortgage lender in Ohio include an origination fee of 0.5 to 1 percent of the loan amount, appraisal fees of 400 to 700 dollars, and title insurance of 500 to 1,000 dollars. Closing costs in Ohio generally range from 2 to 5 percent of the purchase price. This is general information and not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What documents do I need to apply for a mortgage in Troy Ohio?
You typically need pay stubs, tax returns, bank statements, and a valid ID. Ohio lenders may also require proof of homeowners insurance and a property appraisal.
How long does a mortgage approval take in Ohio?
The process usually takes 30 to 45 days from application to closing. Ohio law does not set a specific timeline, but lenders must provide a Loan Estimate within three business days.
Are there first time home buyer programs in Ohio?
Yes, the Ohio Housing Finance Agency offers the Ohio Heroes program and grants for down payment assistance. These programs have income limits and require completion of a home buyer education course.