Ohio Mortgage Lenders

Many consumers in Ohio have benefitted from record interest rates on home loans for mortgage refinancing, cash out and home buying. Getting approved for great fixed rates has never been easier if you are interested in FHA or VA loans. Mid-West homeowners are beginning to utilize the discounted rates for home equity loans and FHA cash out mortgages that enable debt refinancing and the consolidation of adjustable rate loans.

First time Ohio homebuyers are considering affordable home financing offers with low fixed rate offers for FHA, VA and conventional home loans. Borrowers can get 97% or 100% financing for home purchases and 95% cash out with all types of credit scores. Consolidate debt, save money and lock into a fixed rate loan that makes sense.

Our government finally lowered the FHA down payment requirement from 3% to (see lender) and that will help first time homebuyers keep some money in the bank. So whether you are financing a new home or looking to refinance into a fixed rate mortgage, Nationwide can help you lock in a low rate with a payment that works with your budget.


Rates Update: Home Refinancing Options with FHA Loans By Kenneth Watkins

One of that states that have felt their share of foreclosures is the state of Ohio. From plant closings to higher interest rates and low wages all have contributed to Ohio mortgage refinancing problems. This trend looks to continue for a while as the Ohio economy continues to sputter while other states seem to be moving forward.

Ohio mortgage refinancing is a lot tougher as lenders are becoming more leery of lending money as the defaults keep soaring. Toss in lending programs being eliminated and you can see why Ohio home refinancing is getting harder month after month. Residents of Ohio who do have FHA loans are looking towards getting them refinanced as soon as possible.

  • Competitive Ohio Mortgage Rate Terms
  • Cash Out Refinance Loans to 95%
  • Rate and Term Refinancing to 97%
  • PMI is Tax Deductible in 2007
Ohio Mortgage Lender
Call and lock a low fixed rate mortgage!

Ohio FHA Mortgage Limits Increase!

Name

County Name

State

One-Family

Two-Family

Three-Family

Four-Family

ASHTABULA , OH (MICRO)

ASHTABULA

OH

$291,250

$372,850

$450,700

$560,100

MARION , OH (MICRO)

MARION

OH

$271,050

$347,000

$419,400

$521,250

BELLEFONTAINE , OH (MICRO)

LOGAN

OH

$271,050

$347,000

$419,400

$521,250

FINDLAY , OH (MICRO)

HANCOCK

OH

$271,050

$347,000

$419,400

$521,250

WILMINGTON , OH (MICRO)

CLINTON

OH

$271,050

$347,000

$419,400

$521,250

CLEVELAND-ELYRIA-MENTOR , OH (MSA)

LAKE

OH

$298,750

$382,450

$462,300

$574,500

CLEVELAND-ELYRIA-MENTOR , OH (MSA)

GEAUGA

OH

$298,750

$382,450

$462,300

$574,500

CLEVELAND-ELYRIA-MENTOR , OH (MSA)

LORAIN

OH

$298,750

$382,450

$462,300

$574,500

CLEVELAND-ELYRIA-MENTOR , OH (MSA)

MEDINA

OH

$298,750

$382,450

$462,300

$574,500

CLEVELAND-ELYRIA-MENTOR , OH (MSA)

CUYAHOGA

OH

$298,750

$382,450

$462,300

$574,500

COSHOCTON , OH (MICRO)

COSHOCTON

OH

$271,050

$347,000

$419,400

$521,250

SANDUSKY , OH (MSA)

ERIE

OH

$271,050

$347,000

$419,400

$521,250

CANTON-MASSILLON , OH (MSA)

STARK

OH

$277,500

$355,250

$429,400

$533,650

CANTON-MASSILLON , OH (MSA)

CARROLL

OH

$277,500

$355,250

$429,400

$533,650

FREMONT , OH (MICRO)

SANDUSKY

OH

$271,050

$347,000

$419,400

$521,250

NEW PHILADELPHIA-DOVER, OH (MICRO)

TUSCARAWAS

OH

$271,050

$347,000

$419,400

$521,250

TIFFIN , OH (MICRO)

SENECA

OH

$271,050

$347,000

$419,400

$521,250

NORWALK , OH (MICRO)

HURON

OH

$271,050

$347,000

$419,400

$521,250

PORTSMOUTH , OH (MICRO)

SCIOTO

OH

$271,050

$347,000

$419,400

$521,250

SIDNEY , OH (MICRO)

SHELBY

OH

$271,050

$347,000

$419,400

$521,250

ZANESVILLE , OH (MICRO)

MUSKINGUM

OH

$271,050

$347,000

$419,400

$521,250

ATHENS , OH (MICRO)

ATHENS

OH

$432,500

$553,650

$669,250

$831,750

CAMBRIDGE , OH (MICRO)

GUERNSEY

OH

$271,050

$347,000

$419,400

$521,250

DEFIANCE , OH (MICRO)

DEFIANCE

OH

$271,050

$347,000

$419,400

$521,250

WEIRTON-STEUBENVILLE , WV -OH (MSA)

JEFFERSON

OH

$271,050

$347,000

$419,400

$521,250

EAST LIVERPOOL-SALEM, OH (MICRO)

COLUMBIANA

OH

$271,050

$347,000

$419,400

$521,250

WOOSTER , OH (MICRO)

WAYNE

OH

$271,050

$347,000

$419,400

$521,250

LIMA , OH (MSA)

ALLEN

OH

$271,050

$347,000

$419,400

$521,250

MANSFIELD , OH (MSA)

RICHLAND

OH

$271,050

$347,000

$419,400

$521,250

WHEELING , WV -OH (MSA)

BELMONT

OH

$271,050

$347,000

$419,400

$521,250

NON-METRO

PIKE

OH

$271,050

$347,000

$419,400

$521,250

NON-METRO

ADAMS

OH

$271,050

$347,000

$419,400

$521,250

NON-METRO

HENRY

OH

$271,050

$347,000

$419,400

$521,250

NON-METRO

MEIGS

OH

$271,050

$347,000

$419,400

$521,250

NON-METRO

NOBLE

OH

$271,050

$347,000

$419,400

$521,250

NON-METRO

PERRY

OH

$271,050

$347,000

$419,400

$521,250

NON-METRO

HARDIN

OH

$271,050

$347,000

$419,400

$521,250

NON-METRO

HOLMES

OH

$271,050

$347,000

$419,400

$521,250

NON-METRO

MONROE

OH

$271,050

$347,000

$419,400

$521,250

NON-METRO

MORGAN

OH

$271,050

$347,000

$419,400

$521,250

NON-METRO

PUTNAM

OH

$271,050

$347,000

$419,400

$521,250

NON-METRO

VINTON

OH

$271,050

$347,000

$419,400

$521,250

NON-METRO

HOCKING

OH

$271,050

$347,000

$419,400

$521,250

NON-METRO

JACKSON

OH

$271,050

$347,000

$419,400

$521,250

NON-METRO

WYANDOT

OH

$271,050

$347,000

$419,400

$521,250

NON-METRO

HARRISON

OH

$271,050

$347,000

$419,400

$521,250

NON-METRO

HIGHLAND

OH

$271,050

$347,000

$419,400

$521,250

NON-METRO

PAULDING

OH

$271,050

$347,000

$419,400

$521,250

NON-METRO

WILLIAMS

OH

$271,050

$347,000

$419,400

$521,250

CHILLICOTHE , OH (MICRO)

ROSS

OH

$271,050

$347,000

$419,400

$521,250

Your FHA Refinancing Option

FHA refinancing options continue to get tougher as the housing market gets even tighter in Ohio. Getting approved for refinancing will take some work on your part compared to what you had to do to get the loan. The main reason is Ohio mortgage defaults are at an all-time high and lenders want to make sure that FHA loan refinancing is what is best for you and you will be able to afford it. Many lenders are cautioning people to get in now for FHA refinancing before it's too late.

Some lenders are not giving out new mortgages in Ohio which make getting FHA refinancing in Ohio that much harder. With falling property values, people moving out of the state many factors are contributing to the loss of dollars that lenders have available.

Refinance into a Discounted Mortgage Loan, Consolidate Bills and Finance Home Improvements!

If you ask any lender in Ohio today they will tell you get in early for FHA refinancing as interest rates rise less opportunities will become available for residents of Ohio. Finding refinancing options will become even tougher in the coming months as no end seems in sight for mortgage foreclosures in Ohio. Until this trend reverses look for FHA to really be your best option right now.

 

Client Testimonials

"The mortgage brokers at Nationwide helped me finance my first home and later they helped me refinance that mortgage into a lower better loan that worked better for my budget. I was able to get additional cash that helped me pay for the much needed home improvements.
– Johnson Family, Cleveland, Ohio

Interest rates could be on the rise. Find out today’s second mortgage rates and lock into a fixed rate loan that saves you money.



Free Finance Guides

Take advantage of our free guides and disclosures that help 1st time homebuyers.

Equity Credit Line Fed Tips
Home Purchase Guide
Understanding Credit Scores
ARM Rate Mortgage- Guide
Consumer Guide -Rate Locks
More Related Ohio Pages:
Ohio Home Equity Loans | Ohio Second Mortgage | Ohio Debt Consolidation
Additional Helpful Mortgage Loan Pages :
Loan Specials | Adjustable Rate Refinance | Home Equity Refinance | Bad Credit Refinance | State Guide Second Mortgages |
Home Loan for Bad Credit | Mortgage Refinancing | Cash Out Refinance | FHA Mortgage | Low Credit Score Home Loans | Bad Credit FHA Mortgage | No Closing Cost Loans | Texas Home Equity Loans | Why The FHA Home Loan Programs Are Safe | How Rising Home Mortgage Rates Could Affect The Housing Market | Will New FHA Mortgage Requirements Hinder Home Buying In 2014 | How Increased Mortgage Delinquencies Could Mean Higher Home Loan Rates | Mortgage Refinance Loans for Self Employed | How A Military Veteran Can Buy A Home With No Down Payment | FHA Rules For Gift Funds And Down Payments | How FHA Mortgages May Burden US Tax Payers | How FHA Financing Could Slow Housing Recovery | How to Know When to Refinance or Pre Pay Your Mortgage | Application for FHA Loan | Get Pre-Qualified for a FHA Mortgage | Down Payment Requirements on a FHA Loan | Pre-Approval Letter for a Home Loan with FHA | FHA Loan Qualification | CALHFA Down Payment Assistance for First Time Home Buyers in California | Mortgage Loans for First Time Home Buyers
Apply Now | Disclosures and Terms | Refinance | Home Refinancing | No Down-Payment Home Loans | Second Mortgage Rates | About Us
BD Nationwide Mortgage, 515 Encinitas Blvd. Ste 100, Encinitas, California 92024
Please be aware that this is not an advertisement for credit as defined by paragraph 226.24 of regulation Z. Nothing on this site contains an offer to make a specific home loan for any purpose with any specific terms. This is a web-site and no loans can be guaranteed as loans and rates are subject to change. Nationwide is affiliated with national lenders and a federally chartered bank located in Maryland licensed to offer home loans in all 50 states. Copyright 2001-2012 and Beyond, Nationwide Mortgage Loans - BDnationwidemortgage.com is a website and cannot make loans. All rights reserved.