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Find The Right Poconos Mortgage Lender and
Getting Pre-Approved for a Poconos Mortgage

It used to be that Poconos home buyers could go house shopping and when they have found their dream home, then they go to get pre-approved. However, in today's market, that has proven to be one of the least effective methods in landing the dream home.

Most Poconos Mortgage lenders can pre-qualify you for a mortgage over the phone. Based on general questions about your income, debt, assets, and credit history, lenders can estimate how much mortgage you qualify for. However, being pre-qualified and pre-approved are different things. Pre-approval means that you have applied for a mortgage; you have filled out the mortgage application, received your credit report, and verified your employment, assets, etc. When you are pre-approved, you know exactly what the maximum loan amount will be.

A pre-qualified letter is not verified and in essence, does not count for much if you are competing with other buyers who are pre-approved.

When you are pre-approved, you and the seller know exactly how much house you can afford. It gives you credibility as an interested buyer and lets the seller know immediately that you will qualify for a loan to buy their property.

In addition to being pre-approved, it's important to be pre-approved with a legitimate lender. Legitimate Poconos lenders include: banks, mortgage bankers, credit unions, savings and loan associations, mortgage brokers, and online lenders.

Some lenders to avoid: those who lose a form or misplace a file, those who gather information from you in an unorganized manner, those who are not informed about interest rates, points or costs, and those who cannot provide you with the right information.

ESSA Bank & Trust (ESSA) - 744 Main Street, Stroudsburg. Nine branches: Brodheadsville, Bushkill, East Stroudsburg, Marshalls Creek, Mt. Pocono, Tannersville, Brodheadsville (Mr. Z's), Eagle Valley, Rt. 611 (Stroudsbsurg), Blakeslee and in a Mr Zs supermarket in Pen Argyl. "Best Place to Get A Poconos Mortgage, 2000 - 2014". 570-421-0531

Penn Security Bank - Rt 611, Mt Pocono, PA - Penn Security offers fixed or adjustable loans at extremely competitive rates. With private mortgage banking officers dedicated to helping you with the right mortgage for your situation, Penn Security is your friendly Poconos Mortgage specialist.

First National Bank of Palmerton - Rt. 209, Sciota, . Blakeslee, Palmerton, Mt. Bethel.

North Penn Savings and Loan Association - North 9th Street, Stroudsburg.

Keystone Bank - Main Street, Stroudsburg. Checking, savings and business banking. Local hometown service and indepth knowledge of the local business market. 570-424-9700

Wayne Bank - Honesdale 570-253-1455 and Stroudsburg


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