How to Obtain Low Mortgage Rates in Pennsylvania
Keystone Home Finance specializes in low cost mortgage programs for Home Buyers that minimize the expense of buying a home. How do we do this? As one of the top Mortgage Brokers in Pennsylvania, Keystone Home Finance has access to Wholesale Mortgage Rates.
What is the difference between Wholesale Mortgage Rates and Retail Mortgage Rates?
When you buy a shirt at a typical retail clothing store at the mall or when you buy a couch at a furniture store, you are paying a retail price for the item purchased. The same model applies when you apply for a mortgage loan at the bank on the corner. That retail bank’s bright, well furnished lobby and building are all part of their operating costs. The payroll and benefits for the staff are all part of that retail bank’s operating costs. The radio and television advertisements are all part their operating costs. The naming rights to place the bank name on the local stadium are all part of their operating costs. Operating costs add to a company’s overhead. As we all know, businesses don’t eat their overhead, they factor this overhead into the price of the product they offer to the end consumer. The mortgage rate you are offered by the big bank on the corner has the bank’s overhead priced into the retail mortgage rate they offered you.
A little known option within this banking model is that many of these same retail banks also offer another set of mortgage rates that their direct consumers never see.
These other mortgage rates are issued through the bank’s Wholesale Mortgage Division. These Wholesale Mortgage Rates can be offered cheaper because the bank is not paying any of the broker’s overhead costs. The broker, in turn, can offer these to the consumer at a lower rate with cheaper costs than the bank’s retail division.
Accessing these Wholesale Mortgage Rates just isn’t possible by walking into the local bank branch. Banks only offer these cheaper Wholesale Mortgage Rates through their licensed broker partners. Outsourcing these Wholesale Mortgage Rates is beneficial to the banks because it is a way to increase their lending footprint while not incurring the overhead costs associated with offering these loans through a bank branch.
This is where Keystone Home Finance enters the picture
Keystone Home Finance has access to these Wholesale Mortgage Rates. To keep these low, wholesale rates cost-effective for their customers, Keystone Home Finance does not charge any of the own Processing Fees, Underwriting Fees, Administration Fees, or any other type of fee that would be referred to as a “Junk Fee”.
Over the years, we have had countless customers who have come our way after realizing that they can obtain a mortgage with us that is much cheaper than the mortgage they have been quoted from the bank that holds their checking or savings account. Call us and compare for yourself.
Whether you are a First Time Home Buyer or seasoned Real Estate Investor, Keystone Home Finance can structure a mortgage program for you that meets your financial goals and does so in the most cost-effective way. Obtaining a Mortgage is often the biggest debt a consumer will ever undertake, let’s make sure it is done right.
What Keystone Home Finance can do for you…
Access to low mortgage rates in Pennsylvania
Consistently rated as one of the top rated Mortgage Brokers in Pennsylvania
Free Home Buyer Analysis - This analysis will will inform you of exactly what you need to do to purchase the home of your dreams.
24 years of experience makes the mortgage process smooth and stress free
What Our Customers Say…
I wasn’t sure that I would be able to refinance my home on my own after going through a divorce. Keith made it happen for me and I was able to get my house back! He really can work miracles!!! He was with me every step of the way and made my dream come true. I can’t thank him enough!!!
lulmer29 from Pittsburgh, PA
I was in the process of buying a house and the lender I was using was not calculating my income correctly. I am a business owner and what my bank told me initially about qualifying with my tax returns was now for some reason a big problem. I looked online for help and after researching I came across Keith. We spoke several times for about a week, I was still hoping to work things out with my lender because I was already so deep into process with them and the closing was now less than 3 weeks away. After continuing to get feedback from my lender that they were unsure about my approval, I switched everything over to Keith. We got an approval the next day and we ended up closing on the day we were scheduled for. We were also able to use the appraisal I had paid for with the other bank so I didn’t waste any money. I had initially applied with the bank that I had my checking account with for years so I didn’t expect to have any problems. I would have saved myself some stress if I had gotten the mortgage from Keith on the first day. I recommended him to my brother who is starting to look to buy a rental property.
- Jeff Schroeder from Squirrel Hill PA
When Keith first took our file and started working with us my husband and I were very much in a bind. Our scores were not where we wanted them to be and we were currently working with a lender who was not very attentive. Keith was very good at explaining each step of the process and walking us through it. He is very responsive, knowledgeable, and detail oriented. He was able to assist us through every bump in the road we came across and managed to always remain optimistic and encouraging! I recommend anyone that is unsure if they would be qualified for a mortgage to call Keith. He gets results and makes it happen if it can! I truly feel that we wouldn't have the home of our dreams if it were not for him!
- Melony and Corey Forrest from Reading, PA
Keith helped me through two contracts. The first ultimately fell through but worked in our favor as we found a much better home for our second contract. Keith was extremely clear to communicate every step of the process. Where most might be content with simple explanations of things, Keith went above and beyond to attain full comprehension of the process and requirements of obtaining a loan. I value communication above all. Keith was the most responsive professional involved in purchasing a home and obtaining a loan. He provided me with documents I needed within hours. He answered questions and responded to emails within 24 hours. He was very personable and realistic. I would highly recommend working with Mr. Landis when attempting to purchase a loan.
- Robert Saltzman from Orrtanna, PA
“I recently bought my first home on my own. Keith worked with me over time to help me know what I would need when I was ready. He was very thorough and spent a lot of time helping me understand things. It can be a daunting process, but his help made it as smooth as it can be. Furthermore, he is also immediately responsive, which is necessary when buying a home in the area I did. I highly recommend Keith for your lending services and know I will use him again if I should need it.”
- Becca Swiger from Pittsburgh, PA
“What I liked about Keith the most was how he explained everything to me without me needing to ask. He anticipated my needs and questions. He was easy to get a hold of and was quick to respond to emails or text messages. I would definitely recommend him to friends/family.”
- Mindy Zimmerman from Beaver, PA
“We absolutely loved working with Keith! He explained the processes very clearly and went above and beyond our expectations. This was our first home purchase and although it took us quite some time to find the perfect home for our family, Keith was patient and extremely helpful. If we ever have the need for another home, Keith will be the first one we call!!”
-user66071493 from Evans City, PA
“Keith went above and beyond what I was expecting. He was incredibly prompt with information/paperwork/phone calls and was able to explain to me everything that was going on during the process. I would recommend him to anybody who is interesting in buying a home.”
-zuser20160210114029439 from Pittsburgh, PA
“Keith Landis did a great job finding my fiancée and I our very first home. I am THAT person who asks a zillion questions and he was very patient, helpful and always available and very knowledgeable. I would highly recommend him to anyone who is looking to purchase a home in PA. Experience was very pleasant!”
-user8564817 from Levittown, PA
“Keith was a great blessing in my life, he made sure I understood everything all the way till closing on my new home! Anytime I had questions or concerns he was always available and so patient.”
-Bonnie from Pittsburgh, PA
“Praise God He lead us to Keith! Given our situation, we spoke to many lenders who said we could never get a mortgage. I came across high reviews for Keith, so I figured I would give it a shot. He was so knowledgeable, not afraid of our situation and seemed willing to see if he could get us a mortgage. Unlike other lenders, Keith took the time to look at our specific scenario rather than giving us a straight "no". God provided a way for us to purchase a home we didn’t think we would ever be able to have for our growing family. Keith was able to provide a mortgage for us and never gave up when we reached any closed doors in the process. We are enjoying living in a home that we can afford and in a location that we didn’t think was achievable. Keith made this whole process a lot more smooth than I ever expected.”
nal0427 from Exton, PA
“I am a former mortgage broker and used Keith to obtain financing for my personal residence. As someone who knows the industry, I will say that Keith is top notch and well versed in different programs such as FHA, VA, conventional, and USDA. I found Keith to be a person of great integrity which is not a prevalent trait of people in the mortgage industry. If you want someone to trust with obtaining the largest amount of money you will most likely borrow in your life (a mortgage), Keith is your man.”
-Christopher Brown from Phoenixville, PA
“Keith was hugely helpful when securing our mortgage for our recent home purchase. He made everything run so smoothly and answered our millions of questions in an easy-to-understand way. He was also available anytime we needed him or had a question. I would say next to our new wonderful home, Keith was the best part of the experience!”
-Maryam Bopp from Pittsburgh, PA
“Keith helped us get a mortgage on our house. He was easy to get a hold of when needed and made the approval smooth. I was recommended to call him and I would recommend him to others.”
- Lindsey Robel from Altoona, PA
“When he needed certain paperwork he worked with to get the right ones. He was great because I lived in the Pittsburgh area and my uncle lives in the Lancaster area. He made sure we were kept up to date with the closing.”
-Tami Jo Betts from Pittsburgh, PA
“Randomly found Keith Landis on a Google search & he was the best thing that happened to our mortgage. Kept in touch about details of what was going on. He was Very knowledgable in the different programs and saved us quite a bit of money. So much so we referred my brother to him before we even closed. My brother ended up refinancing with him also.”
-Mari from Bethlehem, PA
“Keith was really wonderful to work with on the purchase of our first house. We were buying a house long distance and went through a USDA mortgage, which can be a pain in the neck and takes quite a bit longer to process than a traditional mortgage. Keith answered all my questions, kept me in the loop, explained the process, and was a consistently calm voice even when I was ready to lose my marbles with my attorney and realtor. He was patient, thorough, and a pleasure to work with!”
- Stephanie from Indiana, PA