Mortgage broker in Niles, Ohio

Home loans in Niles

Niles sits between Youngstown and Warren with the McKinley Memorial, the Eastwood Mall district, and quick access to Route 422 and I-80. It is a convenient, affordable market for commuters and a steady one for rental investors.

Niles housing and what it means for your loan

Mostly single-family homes from the 1920s through the 1970s, with some newer construction toward Mineral Ridge and Weathersfield. Lower price points make conventional 3% down and FHA the common programs.

Programs Niles buyers use most

• Conventional 3% down and FHA for first-time buyers
• VA for veterans
• DSCR loans for Niles rental properties
• Cash-out refinance to fund improvements

See all loan programs: Conventional, FHA, VA, USDA, Jumbo, DSCR, bank statement, renovation, refinance and cash-out.

Why Niles buyers choose a broker

A bank offers one set of rates and guidelines. As a broker we shop your file across our lender panel, so a Niles buyer with a smaller down payment, self-employment income, or an investment property gets matched to the lender that actually wants that loan. You get one point of contact, Rollin Gosney, from pre-approval through closing. Broker vs. bank, explained.

Niles mortgage questions

What credit score do I need to buy in Niles?

FHA goes down to 580 with 3.5% down at most lenders; conventional generally starts at 620. We shop multiple lenders so a lower score is not an automatic no.

Can I get a loan on a house that needs work?

Yes. FHA 203(k) and conventional renovation loans finance the repairs with the purchase.

Do you work with Niles investors?

Yes. DSCR loans let you qualify on the rent and close in your LLC with some lenders.

Nearby communities we serve

Warren, Youngstown, Austintown, Hubbard, Boardman, and the rest of Mahoning, Columbiana and Trumbull counties. All Ohio service areas.

Licensing

Gosney Mortgage Group LLC, NMLS #1779150. Ohio Residential Mortgage Lending Act Certificate of Registration RM.804367.000. Rollin Gosney, NMLS #1775528. Equal Housing Opportunity. 22½ S. Main St, Columbiana, OH 44408.