The Best Mortgage Lenders in Chloride, AZ
Compare verified mortgage lenders serving Chloride, Arizona. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Chloride
Featured Mortgage Lenders
Desert Financial Credit Union Mortgage Team
Desert Financial Credit Union
As Arizona's largest credit union, Desert Financial has been serving Mohave County residents for decades with exceptional mortgage services. Their Kingman branch provides convenient access for Chloride residents, offering highly competitive rates and personalized service. They consistently receive outstanding ratings for their transparent process, local underwriting, and commitment to community banking. With specialized loan programs for rural properties common in the Chloride area and extensive experience with Arizona's unique housing market, they provide tailored solutions for homebuyers in northwestern Arizona.
Loan Types:
Movement Mortgage Bullhead City
Movement Mortgage
Movement Mortgage has built an exceptional reputation throughout Mohave County for their efficient processing and local expertise. Their Bullhead City office specifically serves the tri-state area including Chloride, with loan officers who understand the unique aspects of rural Arizona properties. They're particularly praised for their quick closing times, often under 30 days, and their direct lending model eliminates broker fees. Customers consistently rate them highly for responsive communication and competitive rates, making them a top choice for Chloride area home financing.
Loan Types:
Academy Mortgage Corporation - Prescott
Academy Mortgage Corporation
Academy Mortgage maintains a strong presence throughout northern Arizona with dedicated loan officers serving rural communities like Chloride. They're particularly skilled with properties requiring specialized appraisal and unique rural considerations. With over three decades in business, they offer extensive experience with Arizona's diverse housing markets and provide in-house underwriting for faster decisions. Their high customer satisfaction ratings reflect their commitment to guiding borrowers through complex rural property transactions while offering competitive rates and flexible loan programs.
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Frequently Asked Questions
Common questions about mortgage lending in Chloride, AZ
What are the typical mortgage rates for homes in Chloride, AZ?
Mortgage rates in Chloride generally align with national averages but can be slightly higher due to the rural nature of the area and smaller local lender competition. Currently, rates range from 6.5% to 7.5% for 30-year fixed mortgages, depending on credit score and loan type. Working with lenders experienced in rural Arizona properties can help secure competitive terms.
Are there any special mortgage programs for buying historic properties in Chloride?
While Chloride has several historic homes, there aren't specific historic preservation mortgage programs unique to the town. However, buyers may qualify for FHA 203(k) rehabilitation loans or explore conventional renovation loans to preserve these properties' historic character. The Arizona State Historic Preservation Office can provide guidance on available tax incentives for qualified historic properties.
How does Chloride's rural location affect mortgage lending requirements?
Chloride's rural designation means buyers may qualify for USDA loans, which offer 100% financing with no down payment requirement. However, appraisals can be more challenging due to fewer comparable properties, and some lenders may require additional documentation about property conditions. Working with lenders familiar with Mohave County's rural markets is advisable.
What should I know about property taxes when getting a mortgage in Chloride?
Mohave County property taxes in Chloride are relatively low compared to urban Arizona areas, typically around 0.6-0.8% of assessed value. Your mortgage lender will include these taxes in your monthly payment through an escrow account. First-time homebuyers should note that Arizona offers a primary property tax exemption that can reduce your tax burden.
Are there any local down payment assistance programs available for Chloride homebuyers?
While Chloride itself doesn't offer local programs, buyers can access Arizona-wide programs like the Home Plus Mortgage program, which provides down payment assistance up to 5% of the loan amount. Mohave County also offers some housing assistance programs, and many Chloride buyers combine these with USDA or FHA loans for minimal down payment requirements.
Nearby Cities
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Why Choose a Mortgage Lender in Chloride?
Local Market Knowledge
Lenders who understand Chloride's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in Arizona.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Chloride and get competitive rates on your home loan.