NMHL Mortgage Lending
Mortgage Lender in Pittsburgh, PA
Local expertise and competitive rates for Pittsburgh homebuyers.
Pittsburgh Housing Market Overview
Pittsburgh has reinvented itself from a steel city into a hub for technology, robotics, and healthcare. Carnegie Mellon and the University of Pittsburgh drive innovation, while affordable housing and a revitalized cultural scene attract a new generation of residents.
Pittsburgh Neighborhoods
Popular areas for homebuyers in Pittsburgh, PA
ZIP Codes We Serve in Pittsburgh
Mortgage lending available in these Pittsburgh ZIP codes
See What You Qualify For
Takes about 5 minutes. No obligation. No credit check until you are ready.
Your Local Mortgage Partner
We understand the local market dynamics that affect your home purchase. Our team provides personalized loan options based on local property values and regulations.
Available Loan Programs in Pittsburgh
Explore mortgage options tailored to Pittsburgh homebuyers
First Time Home Buyer Mortgages
Special loan programs helping newcomers purchase their first home with favorable terms and support.
Learn MoreRefi-Shield
Learn MoreAdjustable-Rate Mortgage (ARM)
Financial flexibility and optimal rates with an Adjustable-Rate Mortgage – Your key to a dynamic homeownership journey
Learn MoreHigh-Value Appraisal Program
Learn MoreInterest Only Mortgages
Interest-only mortgages allow borrowers to pay only the interest for a set period, reducing initial monthly payments.
Learn MoreHome Equity Loans
Access the equity in your home with a fixed-rate home equity loan. Get a lump sum with predictable monthly payments for ...
Learn MoreFHA Loans
Federal Housing Administration (FHA) loans are government-backed mortgages designed to help first-time homebuyers and th...
Learn MoreFixed-Rate Mortgage
Lock in your interest rate for the life of the loan with a fixed-rate mortgage. Predictable monthly payments make budget...
Learn MoreBridge Loans
Bridge the gap between buying your new home and selling your current one. Short-term financing that gives you the flexib...
Learn MoreVA Loans
VA loans are a benefit earned by veterans, active-duty service members, and eligible surviving spouses. Backed by the De...
Learn MoreConventional Loans
Conventional loans are not backed by government agencies and typically offer the most flexibility for qualified borrower...
Learn MoreITIN Loans
Purchase a home using your Individual Taxpayer Identification Number (ITIN) without a Social Security Number. NMHL is co...
Learn MoreJumbo Loans
Jumbo loans exceed conforming loan limits and are designed for luxury properties and homes in high-cost areas. With comp...
Learn MoreDSCR Investment Loans
Debt Service Coverage Ratio (DSCR) loans qualify based on rental income rather than personal income. Perfect for real es...
Learn MoreBank Statement Loans
Bank statement loans are designed for self-employed borrowers and business owners who have difficulty documenting income...
Learn MoreReverse Mortgages
For homeowners 62 and older, reverse mortgages allow you to access your home equity without monthly payments. Stay in yo...
Learn MoreUSDA Mortgages
USDA Rural Development loans help moderate-income buyers purchase homes in eligible rural and suburban areas. With no do...
Learn MoreHeloc
Learn MoreWhat Our Clients Say
Real reviews from Google — no cherry-picking
Our Presence
Click on endorsed states to see our direct resources!
Pittsburgh Neighborhoods to Watch
Pittsburgh's neighborhoods are as diverse as they are vibrant. Lawrenceville, with its arts scene and trendy restaurants, has become a hotspot for young professionals. Squirrel Hill, known for its family-friendly atmosphere and excellent schools, remains a sought-after destination for families. Shadyside, with its upscale boutiques and eateries, offers a more luxurious living experience. Whether you're drawn to the urban energy of the Strip District or the panoramic views from Mount Washington, Pittsburgh has a neighborhood to suit every lifestyle.
When choosing a neighborhood, consider factors like commute times, local amenities, and school districts. NMHL's local expertise can help you navigate these factors and find the perfect home to fit your needs and budget.
New to Pittsburgh? Let NMHL help you find your ideal neighborhood and secure the right mortgage for your new home.
Understanding Pittsburgh's Housing Market
Pittsburgh's housing market has experienced a resurgence in recent years, driven by its growing tech industry and revitalized cultural scene. The median home price of $235,000 makes it an attractive option for homebuyers compared to other major US cities. However, prices can vary significantly depending on the neighborhood, with areas like Squirrel Hill and Shadyside commanding premium prices.
- The average days on market for homes in Pittsburgh is around 60 days, giving buyers a reasonable window to make a decision.
- Inventory levels have been relatively stable, with a mix of new construction and existing homes available.
- Interest rates continue to be a major factor in buyer affordability, making it essential to explore mortgage options carefully.
Stay ahead of the market with NMHL's expert guidance on Pittsburgh's housing trends and mortgage options.
Mortgage Options for Pittsburgh Borrowers
At NMHL, we offer a range of mortgage products tailored to the needs of Pittsburgh borrowers. Our programs cater to various financial situations, including those with bad credit, self-employed individuals, and first-time homebuyers.
For veterans, our VA Loan Program offers favorable terms, including no down payment requirements and lower interest rates. Our FHA Loan Program is ideal for first-time homebuyers, with down payments as low as 3.5%. For those who need more flexibility, our Non-QM Mortgage Program considers alternative credit scoring models and income documentation.
Explore NMHL's mortgage options today and find the best fit for your Pittsburgh home purchase.
Getting Pre-Approved for Your Pittsburgh Home Loan
Getting pre-approved is a crucial step in the homebuying process. At NMHL, our pre-approval process is straightforward and efficient. Simply contact us to discuss your mortgage needs, and we'll guide you through the pre-approval process. With our expertise and local knowledge, you'll be well on your way to securing your dream home in Pittsburgh.
Our NMHL Pre-Approval Tool allows you to check your eligibility and get pre-approved online. This tool provides a soft credit inquiry, so you can explore your options without impacting your credit score.
Start your pre-approval journey today with NMHL and take the first step towards homeownership in Pittsburgh.
Frequently Asked Questions
The average effective property tax rate in Pittsburgh is 1.42%. This means that on a $235,000 home, the annual property tax bill would be approximately $3,337. While this is relatively high compared to some other parts of the country, Pittsburgh's overall cost of living and housing prices help offset this cost.
School districts play a significant role in determining home values in Pittsburgh. The Pittsburgh Public Schools district serves many of the city's neighborhoods, including Squirrel Hill and Shadyside. Homes located within highly-rated school districts tend to command higher prices and appreciate faster over time. For example, homes in the vicinity of well-regarded schools like Winchester Thurston School or the Ellis School tend to be more valuable.
Pennsylvania offers several programs to help first-time homebuyers, including the Pennsylvania Housing Finance Agency (PHFA) Keystone Home Loan Program. This program provides competitive interest rates and down payment assistance of up to 4% of the home's purchase price. NMHL works closely with the PHFA to offer these programs to our borrowers, making it easier for first-time buyers to secure financing.
Yes, NMHL offers mortgage options for borrowers with less-than-perfect credit. Our Bad Credit Mortgage Program is designed for borrowers with credit scores as low as 580. We consider alternative credit scoring models and work with you to identify the best loan options for your situation. With a down payment as low as 3.5%, you may qualify for a mortgage despite past credit challenges.
Self-employed borrowers can benefit from NMHL's specialized mortgage programs. Our Self-Employed Mortgage Program considers alternative income documentation, such as business tax returns and bank statements, to qualify borrowers. This program is ideal for borrowers with non-traditional income streams or those who have experienced fluctuations in their income.
Yes, several down payment assistance programs are available to Pittsburgh borrowers. The NMHL Down Payment Assistance Program provides up to 4% of the home's purchase price towards down payment and closing costs. Additionally, the Pittsburgh Homeownership Program offers assistance to low- and moderate-income homebuyers. These programs can be combined with other NMHL mortgage products to help borrowers achieve their homeownership goals.
Related Resources
Ready to Buy in Pittsburgh?
Let NMHL help you navigate the Pittsburgh housing market with expert guidance and competitive rates.















