Mortgage Lenders in Drexel Hill, PA
Directory of mortgage lenders in Drexel Hill, Pennsylvania. 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 Pennsylvania before hiring.
Showing 3 mortgage lenders in Drexel Hill, PA
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
What Does a Mortgage Lender in Drexel Hill Cost?
Typical costs for a mortgage in Pennsylvania include an origination fee of 0.5 to 1 percent of the loan amount and third party fees for appraisal title search and credit report. Closing costs in Pennsylvania range from 2 to 5 percent of the purchase price. For a 300000 home this means 6000 to 15000 in closing costs. This is general information 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 Drexel Hill?
You typically need pay stubs tax returns bank statements and photo identification. Pennsylvania 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 process take in Pennsylvania?
The mortgage process in Pennsylvania usually takes 30 to 45 days from application to closing. Pennsylvania law requires a three business day right of rescission for refinances. Delays can occur if the property title has issues or if appraisals take longer.
Are there special mortgage programs for Pennsylvania first time homebuyers?
Yes the Pennsylvania Housing Finance Agency offers the Keystone Advantage Assistance Loan Program for first time buyers. This program provides down payment and closing cost assistance. Eligibility depends on income limits and the purchase price of the home.