Mortgage Lenders in Springfield, OH
Directory of mortgage lenders in Springfield, Ohio. Verify credentials with the state state mortgage licensing authority before hiring.
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 18 mortgage lenders in Springfield, 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 Springfield 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 understand the Clark County real estate market and can guide you through state-specific requirements like the Ohio Residential Mortgage Lending Act.
What Does a Mortgage Lender in Springfield Cost?
Typical costs for a mortgage lender in Ohio include an origination fee of 0.5 to 1 percent of the loan amount, an appraisal fee of 400 to 700 dollars, and a credit report fee of 30 to 50 dollars. Closing costs usually range from 2 to 5 percent of the purchase price. These numbers are estimates and your actual costs will vary based on loan type, property value, and lender policies. 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 for a mortgage application in Springfield Ohio?
You typically need pay stubs, tax returns, bank statements, and photo identification. Ohio lenders also require a signed authorization to check your credit report. Self-employed borrowers may need additional profit and loss statements.
How long does the mortgage approval process take in Ohio?
The process usually takes 30 to 45 days from application to closing. Ohio law requires a three day rescission period for refinances. Delays can happen if additional documentation is needed or if the property appraisal takes longer.
Are there first time home buyer programs in Springfield Ohio?
Yes. The Ohio Housing Finance Agency offers down payment assistance and low interest loans for first time buyers. Clark County also has local programs with income limits and homebuyer education requirements. Check with your lender for eligibility details.