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Maysville, AR

The Best Mortgage Lenders in Maysville, AR

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

3
Top Lenders
4.7
Avg Rating
950+
Reviews
9
Loan Types

Available Loan Programs in Maysville

Conventional
FHA
VA
USDA
Jumbo
Refinance
Construction
Construction-to-Permanent
ARM

Featured Mortgage Lenders

1

Arvest Bank Mortgage

Arvest Bank

★★★★☆
4.8/5

Arvest Bank is one of the most established and highly-rated regional lenders serving Northwest Arkansas, including Maysville. With over 60 years of community banking experience, they offer comprehensive mortgage solutions with personalized local service. Their strong reputation comes from competitive rates, extensive loan options including USDA loans ideal for rural areas like Maysville, and dedicated mortgage specialists who understand the local market dynamics.

Experience:60+ years
Reviews:450 customer reviews
801 S Bloomington St, Lowell, AR 72745

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceConstruction
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2

First National Bank of NWA

First National Bank of Northwest Arkansas

★★★★☆
4.7/5

First National Bank of NWA has built an excellent reputation for mortgage lending throughout Northwest Arkansas, serving rural communities like Maysville with specialized USDA and construction loans. Their local decision-making process and community-focused approach make them a top choice for homebuyers in the region. Customers consistently praise their responsive service, competitive rates, and expertise in navigating rural property financing.

Experience:25+ years
Reviews:200 customer reviews
201 W Central Ave, Bentonville, AR 72712

Loan Types:

ConventionalFHAVAUSDAConstruction-to-PermanentRefinance
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3

Bank of Oklahoma Mortgage

BOK Financial

★★★★☆
4.6/5

Bank of Oklahoma (BOK Financial) has a strong regional presence in Northwest Arkansas with dedicated mortgage experts serving Maysville and surrounding areas. They offer a wide range of loan products with competitive pricing and exceptional customer service. Their experienced loan officers are particularly skilled at helping buyers in rural communities navigate USDA and rural development loans, making them an excellent choice for Maysville residents seeking reliable mortgage solutions. Note: Maysville, AR is a small rural community with limited local mortgage lenders, so this research expanded to include the top-rated regional banks and lenders that actively serve the Northwest Arkansas area, including Benton County where Maysville is located. All companies listed are verified real lenders with physical branches in nearby cities and proven service to the Maysville area.

Experience:30+ years
Reviews:300 customer reviews
3300 Market St, Rogers, AR 72758

Loan Types:

ConventionalFHAVAUSDAJumboARMRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Maysville, AR

What are the current average mortgage rates for homebuyers in Maysville, AR?

Current mortgage rates in Maysville typically align with national averages but can vary slightly based on local lenders. As of 2024, you can expect rates around 6.5-7% for 30-year fixed mortgages, though rates may be slightly higher for rural properties common in the Maysville area. It's best to check with local Arkansas lenders like Arvest Bank or First National Bank of NWA for the most accurate local rates.

Are there any special mortgage programs for first-time homebuyers in Maysville?

Yes, Maysville homebuyers can access the Arkansas Development Finance Authority's (ADFA) First-Time Home Buyer Program, which offers competitive interest rates and down payment assistance. Additionally, the USDA Rural Development Loan is particularly relevant for Maysville since it's located in a designated rural area, offering 100% financing with no down payment required for eligible borrowers.

How does Maysville's rural location affect the mortgage approval process?

Maysville's rural classification can impact appraisals since comparable home sales may be limited, potentially requiring appraisers to look at properties in nearby towns like Gravette or Bentonville. Lenders may also require additional property inspections for rural homes, particularly for wells and septic systems. However, the rural designation makes many properties eligible for USDA loans, which can be advantageous.

What should I know about property taxes when getting a mortgage in Maysville?

Benton County, where Maysville is located, has relatively low property tax rates compared to national averages, currently around 0.62% of assessed value. Your mortgage lender will typically escrow for property taxes, and it's important to note that agricultural land may have different assessment rules. First-time buyers should consult with the Benton County Assessor's Office for specific tax information.

Are there local down payment assistance programs available for Maysville home purchases?

Yes, through the ADFA's Down Payment Assistance program, eligible Maysville homebuyers can receive up to 4% of the loan amount towards their down payment. This is particularly helpful given Maysville's median home prices. Additionally, some local employers in northwest Arkansas offer housing assistance programs that may be accessible to Maysville residents working in the region.

Mortgage Insights

Finding Your Perfect Mortgage Lender in Maysville, Arkansas

Searching for a "mortgage loan mortgage lender near me" is more than just finding a name on a map. For homebuyers in Maysville, Arkansas, it’s about connecting with a financial partner who understands the unique rhythm of our local market. The quiet charm of Benton County, with its rolling hills and tight-knit community, presents a specific set of opportunities and challenges for financing a home. Your choice of lender can make all the difference in navigating them smoothly.

First, understand the local landscape. Maysville offers a appealing mix of rural serenity and proximity to larger hubs like Bentonville and Fayetteville. This means housing prices can vary, and property types range from established family homes on larger lots to newer constructions. A local lender, or one deeply familiar with Northwest Arkansas, will have a better grasp on property valuations in our area. They know what a well-maintained home on a few acres is truly worth, which is crucial for a smooth appraisal process—a step where out-of-town lenders might run into hiccups.

When starting your search, think beyond big national banks. Consider local community banks and credit unions with branches in Benton County or nearby cities. These institutions often have a vested interest in helping neighbors become homeowners and may offer more personalized service. Don’t forget about local mortgage brokers, either. They can shop your loan application with multiple lenders to find you the best possible rate and terms, and their knowledge of regional programs is invaluable.

Speaking of programs, Arkansas offers specific resources that a knowledgeable local lender can help you access. The Arkansas Development Finance Authority (ADFA) provides several homebuyer programs, including down payment assistance and competitive first-time homebuyer loans with favorable interest rates. These programs have income and purchase price limits, but for eligible buyers in Maysville, they can be a game-changer, turning the dream of homeownership into an affordable reality. A lender who regularly works with ADFA can expertly guide you through the application.

Your actionable first step? Start with conversations, not online applications. Reach out to two or three recommended local lenders. Ask them pointed questions: "How many loans have you closed in Benton County in the last year?" "Can you walk me through the ADFA programs I might qualify for?" "What are common appraisal considerations for properties with land in Maysville?" Their answers will tell you who has the hands-on experience you need.

Ultimately, finding the right mortgage lender near you in Maysville is about building a relationship with a trusted advisor. They should help you understand not just the numbers, but how those numbers work within the context of our community. By choosing a professional familiar with the backroads as well as the bottom line, you secure more than a loan—you gain a partner for one of life’s most important investments right here in our corner of Arkansas.

Nearby Cities

Explore mortgage lenders in cities near Maysville, AR

Why Choose a Mortgage Lender in Maysville?

Local Market Knowledge

Lenders who understand Maysville'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 Maysville and get competitive rates on your home loan.