Cleveland

Home Mortgage Loans

Get The Lowest Interest Rate On
Cleveland Home Mortgage Loans.

Whether you are a first time home buyer or trading up to a larger home, we work to find the best Cleveland home mortgage solution for you. Constantly surveying the hundreds of mortgage lenders as well as anonymously testing their staff, we are always aware of the conditions of the home loan market as well as the lenders involved in it.

Best Lender For Cleveland Home Mortgages

Unfortunately, the subprime mortgage crisis has caused dramatic changes in the lending climate. Many lending institutions have suffered tremendous losses and as a result have tightened their lending standards drastically. Whereas it used to be very, very easy to meet the requirements in order to get approved, it is now much more difficult with most lenders. When searching for a Cleveland home mortgage lender, it is important to find one that not only offers the lowest rates, but also has not tightened lending standards to the point that only a tiny percentage of applicants will qualify. At the top of our list right now is ING DIRECT Cleveland Home Mortgage. They have the lowest rates, a free and easy online application, and they have not been severely hurt by the subprime mortgage crisis.  They are still approving the majority of applications for Cleveland home mortgages. As an added feature that is very customer friendly, ING will approve online applications in under 3 minutes.

Cleveland Ohio Overview & Statistics

Cleveland Overview

Cleveland Climate

Cleveland possesses a humid continental climate, typical of much of the central United States, with hot, humid summers and cold, snowy winters. The Lake Erie shoreline is very close to due east-west from the mouth of the Cuyahoga west to Sandusky, but at the mouth of the Cuyahoga it turns sharply northeast. This feature is the principal contributor to the lake effect snow that is typical in Cleveland weather from mid-November until the surface of Lake Erie freezes, usually in late January or early February. The lake effect causes snowfall totals to range greatly across the city: while Hopkins Airport has only reached 100 inches of snowfall in a given season three times since 1968, seasonal totals approaching or exceeding 100 inches are not uncommon in an area known as the "Snow Belt", extending from the east side of Cleveland proper through the eastern suburbs and up the Lake Erie shore as far as Buffalo, New York.

The all-time record high in Cleveland of 104 °F  was established on June 25 1988, and the all-time record low of −20 °F  was set on January 19 1994. On average, July is the warmest month with a mean temperature of 71.9 °F, and January, with a mean temperature of 25.7 °F, is the coldest. Normal yearly precipitation based on the 30-year average from 1971 to 2000 is 38.7 inches.
 

Cleveland Demographics

As of the 2000 Census,2 there were 478,403 people, 190,638 households, and 111,904 families residing in the city. The population density was 6,166.5 people per square mile. There were 215,856 housing units at an average density of 2,782.4 per square mile. The racial makeup of the city was 50.99% Black or African American, 41.49% White, 1.35% Asian, 0.30% Native American, 0.04% Pacific Islander, 3.59% from other races, and 2.24% from two or more races. 7.26% of the population was Hispanic or Latino of any race.

Cleveland Crime