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Should I Rent or Buy?

While homeownership has long been the American dream, buying a home is not necessarily the best choice for every person or every situation. There are many factors to consider in determining if a home purchase is the right decision for you right now. Can you Afford It? If the cost to own a home – mortgage, homeowners insurance and property taxes included – if less than roughly 28% of your gross income and you have few other debt obligations, you can probably afford to buy. Do not underestimate the additional costs of maintenance though. Replacing appliances or paying for a plu...

June 14th, 2018 | Purchasing a Home, Should I Rent or Buy?

4 Reasons You Don’t Want to Pay PMI

Years ago, a 20% down payment was a requirement for obtaining a mortgage loan. Putting that much money down made it less likely that borrowers would simply default on their home loans and gave lenders a measure of security and collateral in the case of foreclosure. However, in more recent years, lenders have gotten much more creative in financing to help more Americans become homeowners. There are now mortgage loans that require as little as 3% down up front. In order to compensate for that added risk of loss, lenders require and borrowers with a down payment of less than 20% to pay for pri...

June 7th, 2018 | First-time Homebuyers, 4 Reasons You Don’t Want to Pay PMI

USING A TAX RETURN TO PURCHASE A HOME!

Are you ready for your tax return? What are you planning to do with it? Did you know that you can use it to purchase a home? Western Ohio Mortgage Corporation offers home purchase programs that require little to no money down! Click Here for More Information    One of our most popular home purchase programs is the USDA/Rural Development program. This allows for no money down for those who qualify. This program has both a straight-forward purchase option as well as a rehabilitation program. The USDA/RD Rehabilitation program allows borrowers to finance their eligible repa...

March 10th, 2017 | bankruptcy, FHA, Home Loans, Ohio, Top Lender, tax return, USDA, USING A TAX RETURN TO PURCHASE A HOME!

10 Commandments When Applying for a Mortgage Loan

10 Commandments When Applying for a Mortgage Loan Thou shall not change jobs or become self-employed. Thou shall not buy a car, truck or van unless you plan to live in it. Thou shall not use your credit cards or let your payments fall behind. Thou shall not spend the money you have saved for your down payment. Thou shall not buy furniture before you buy your house. Thou shall not originate any new inquiries on your credit report. Thou shall not make any large deposits into your bank account. Thou shall not change bank accounts. Thou shall not co-sign for anyone. ...

April 3rd, 2015 | FHA, Rehabilitation, Home Loans, Real Estate, Ohio, Rural Development, USDA, Mortgage News, 10 Commandments When Applying for a Mortgage Loan

Using Your Tax Return to Buy a Home with Little to No Money Down

Are you ready for your tax return? What are you planning to do with it? Did you know that you can use it to purchase a home? Western Ohio Mortgage Corporation offers home purchase programs that require little to no money down! Click Here for More InformationOne of our most popular home purchase programs is the USDA/Rural Development program. This allows for no money down for those who qualify. This program has both a straight-forward purchase option as well as a rehabilitation program. The USDA/RD Rehabilitation program allows borrowers to finance their eligible repairs for completion aft...

March 27th, 2015 | tax return, Home Loans, Rural Development, USDA, FHA, Rehabilitation, Mortgage News, Using Your Tax Return to Buy a Home with Little to No Money Down

Western Ohio Mortgage is one of Ohio's Top Rural Development Lenders!

Western Ohio Mortgage Corporation is proud to be the #4 USDA Rural Development Lender in Ohio!       In Fiscal-Year 2014, Western Ohio Mortgage helped over 200 applicants become home owners through the No-Money Down USDA Rural Development Home Purchase Program! We are proud to be among the top experts in this program and aim to help people purchase a home to call their own!    

November 25th, 2014 | Ohio, Rural Development, Top Lender, USDA, Western Ohio Mortgage is one of Ohio's Top Rural Development Lenders!

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Main Office (Sidney)

733 Fair Rd.
Sidney, Ohio 45365

Lebanon Branch

901 N Broadway
Lebanon, Ohio 45036

Mason Branch

7588 Central Parke Blvd Suite 314
Mason, Ohio 45040


Phone: 800-736-8485
Fax: 937-497-9020
Email: Trose@westernohiomortgage.com
NMLS: 9601
We are licensed in the following states: Ohio: MB-801814.000, Indiana: 15536, Florida: MLD154, Kentucky: MB72955; 

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