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Real Estate Mortage Lenders
in Lima Ohio Relocation
For most people, finding the right home in Lima, Ohio is just the first step. Finding the right financing to buy a home is essential to make the home purchase occur! A home buyer has a choice of local mortgage lenders and national lenders advertising on the Web. Many home buyers find that using local Lima, Ohio lenders (with rates very comparable to online mortgage brokers) help ease some of the stress of moving. Home buyers have more personal service, and the mortgage companies have a better relationship with appraisers and other real estate professionals. Ask about adjustable rate loans if you are guaranteed to be relocated out of Lima within the next 5 years. I had a friend who found a 40 year adjustable with 5 year fixed rate. He knew that he had guaranteed relocation buy-out at the end of his assignment so he wasn’t worried about building equity. He ended up paying less than half in a mortgage payment than he would have paid in rent! Short on cash? There are many mortgage lenders in Lima that now offer 100% financing – no down payment certainly helps keep moving expenses down!
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In the years after the American Revolution, the Shawnee were the most prominent residents of west central Ohio, growing in numbers and permanency after the 1794 Treaty of Greenville. By 1817, the United States had created the Hog Creek Reservation for the local Shawnee, covering portions of what would become Allen and Auglaize counties, and including part of present-day Lima. The creation of the Shawnee reservation freed other lands in the area for settlement, and in February 1820, the Ohio legislature formally established Allen County. In 1831 the Shawnee relinquished all their land in the area to the United States and relocated to Kansas, opening all of Allen County to American settlement. The Ohio legislature mandated that a county seat be established. “Lima” was the result. Its name originated with Judge Patrick G. Goode, who insisted on the Spanish pronunciation “Lee-mah” after the capital of Peru, but the local vernacular -- "Lye-mah" -- prevailed. -- Source: Wikipedia.com
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Census Data for Lima, Ohio
| Lima | Ohio | United States | |
| Population | 40,081 | 11,353,140 | 281,421,906 |
| Median age | 32.9 | 36.2 | 35.3 |
| Median age for Male | 31.3 | 34.9 | 34 |
| Median age for Female | 34.7 | 37.5 | 36.5 |
| Households | 15,410 | 4,445,773 | 105,480,101 |
| Household population | 37,340 | 11,054,019 | 273,643,273 |
| Average household size | 2.42 | 2.49 | 2.59 |
| Families | 9,567 | 2,993,023 | 71,787,347 |
| Average family size | 3.06 | 3.04 | 3.14 |
| Housing units | 17,631 | 4,783,051 | 115,904,641 |
| Occupied units | 15,410 | 4,445,773 | 105,480,101 |
| Vacant units | 2,221 | 337,278 | 10,424,540 |
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