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Centerton, AR

The Best Mortgage Lenders in Centerton, AR

Compare verified mortgage lenders serving Centerton, Arkansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.8
Avg Rating
1150+
Reviews
10
Loan Types

Available Loan Programs in Centerton

Conventional
FHA
VA
USDA
Jumbo
Refinance
Construction
Lot Loans
Renovation
First-time Homebuyer Programs

Featured Mortgage Lenders

1

Arvest Bank Mortgage

Arvest Bank

★★★★☆
4.8/5

Arvest Bank is one of the most established and highly-rated mortgage lenders in Northwest Arkansas with multiple branches serving the Centerton area. As a community-focused bank with deep roots in the region, they offer personalized service and competitive rates. Their mortgage team has extensive experience with local real estate markets and provides a wide range of loan products including specialized programs for first-time homebuyers. Arvest consistently receives excellent customer reviews for their responsive service, local decision-making, and smooth closing processes.

Experience:60+ years
Reviews:450 customer reviews
125 West Central Avenue, Bentonville, AR 72712

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceConstruction
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2

First Security Bank Mortgage

First Security Bank

★★★★☆
4.7/5

First Security Bank has been serving Northwest Arkansas communities for decades and maintains a strong presence in the Centerton area. Their mortgage division is particularly noted for exceptional customer service and competitive construction lending programs, which is valuable in Centerton's growing housing market. They offer local underwriting and decision-making, ensuring faster closings and personalized attention. Customers consistently praise their knowledgeable loan officers, transparent communication, and ability to handle complex financing scenarios with expertise.

Experience:75+ years
Reviews:380 customer reviews
808 South Walton Boulevard, Bentonville, AR 72712

Loan Types:

ConventionalFHAVAUSDAConstructionLot LoansRefinance
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3

Paramount Residential Mortgage Group

PRMG Northwest Arkansas

★★★★☆
4.9/5

Paramount Residential Mortgage Group's Northwest Arkansas branch serves Centerton with exceptional expertise and highly competitive rates. As a mortgage brokerage, they have access to multiple investors and can shop rates to find the best possible terms for borrowers. Their team has deep knowledge of the local market and specializes in helping both first-time homebuyers and experienced investors. PRMG receives outstanding customer reviews for their efficiency, communication throughout the loan process, and ability to close loans quickly even in competitive market conditions.

Experience:20+ years
Reviews:320 customer reviews
1103 West Poplar Street, Rogers, AR 72756

Loan Types:

ConventionalFHAVAUSDAJumboRenovationFirst-time Homebuyer Programs
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Frequently Asked Questions

Common questions about mortgage lending in Centerton, AR

What are the current mortgage rates like in Centerton, AR?

Mortgage rates in Centerton typically align with national averages but can be slightly lower due to Arkansas's competitive lending market. As of recent trends, 30-year fixed rates have been hovering around 6.5-7%, but it's best to check with local lenders like Arvest Bank or First National Bank of NWA for the most current rates specific to Benton County.

Are there any first-time homebuyer programs available specifically in Centerton?

Yes, Centerton homebuyers can access the Arkansas Development Finance Authority's (ADFA) First-Time Homebuyer Program, which offers competitive interest rates and down payment assistance. Additionally, some local lenders in Northwest Arkansas offer special programs for teachers, healthcare workers, and other essential professionals serving the Centerton community.

How does Centerton's rapid growth affect mortgage lending and home values?

Centerton's status as one of Arkansas's fastest-growing cities has led to appreciating home values, which currently average around $350,000. This growth means lenders may require stronger financial profiles, but it also creates good long-term investment potential. The expanding tax base has helped maintain reasonable property taxes compared to other Northwest Arkansas communities.

What special considerations should I know about property taxes when getting a mortgage in Centerton?

Benton County property taxes are relatively moderate, typically around 0.65% of assessed value. When calculating your mortgage payment, lenders will include approximately $150-250 monthly for taxes and insurance on a median-priced home. Centerton's millage rate has remained stable despite rapid growth, making property taxes predictable for budgeting purposes.

Are there any local down payment assistance programs for Centerton homebuyers?

Besides state programs, the Northwest Arkansas Council partners with local lenders to offer down payment assistance targeting essential workers in growing communities like Centerton. Some Centerton-based employers, particularly in the healthcare and technology sectors, also offer employer-assisted housing programs that can help with down payments and closing costs.

Mortgage Insights

Finding Your Perfect Home Loan Lender in Centerton, Arkansas

Searching for "home loan lenders near me" is more than just a quick Google query—it's the first crucial step toward unlocking the door to your new home in Centerton. As our community continues to grow, attracting families with its excellent schools, friendly atmosphere, and proximity to Bentonville's amenities, navigating the local mortgage landscape with a smart strategy is key. The right local lender doesn't just offer a rate; they offer Centerton-specific expertise that can smooth your path to homeownership.

In a dynamic market like Centerton's, where demand remains strong, having a lender who understands local property values and neighborhood trends is a distinct advantage. A lender based in Northwest Arkansas can accurately appraise homes in developing subdivisions like Harvest Hills or established areas, ensuring your loan process aligns with real-time market conditions. They’re also your best resource for understanding what sellers and listing agents in our area expect, helping you craft a competitive offer with a solid financing pre-approval from a trusted local name.

Your search should blend both physical proximity and specialized knowledge. Start by exploring lenders with a brick-and-mortar presence in Centerton, Bentonville, or Rogers. This allows for face-to-face meetings, which can be invaluable for first-time buyers. Don't overlook local credit unions, like Arvest Bank or Signature Bank of Arkansas, which often have deep community roots and may offer favorable terms. Simultaneously, interview a few mortgage brokers who have access to multiple loan programs and can shop rates on your behalf across various institutions.

Arkansas offers several regional programs that a knowledgeable local lender will help you leverage. The Arkansas Development Finance Authority (ADFA) provides first-time homebuyer programs with competitive interest rates and down payment assistance. These programs have specific income and purchase price limits that a Centerton-focused lender can help you navigate, ensuring you don't miss out on valuable savings. They can also advise on USDA Rural Development loans, as parts of Centerton and surrounding Benton County may still qualify for these zero-down-payment options—a huge benefit for eligible buyers.

Here’s your actionable plan: First, get your financial documents in order. Then, reach out to at least three types of lenders: a local bank, a credit union, and a mortgage broker. Ask each one not just about rates, but about their experience with loans in Centerton, their average closing timeline, and how they communicate. Inquire specifically about ADFA and USDA loan familiarity. Your goal is to find a partner who makes the complex process clear and who you trust to guide you through securing your piece of this vibrant community. By choosing a lender invested in Northwest Arkansas, you’re not just getting a loan; you’re gaining a local ally for one of life’s biggest investments.

Nearby Cities

Explore mortgage lenders in cities near Centerton, AR

Why Choose a Mortgage Lender in Centerton?

Local Market Knowledge

Lenders who understand Centerton'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 Arkansas.

Ready to Find Your Perfect Mortgage Lender?

Connect with top-rated mortgage professionals in Centerton and get competitive rates on your home loan.