The Best Mortgage Lenders in Rogers, AR
Compare verified mortgage lenders serving Rogers, Arkansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Rogers
Featured Mortgage Lenders
Signature Bank of Arkansas
Signature Bank of Arkansas
Signature Bank of Arkansas is a highly-rated community bank with a strong local presence in Rogers, known for its personalized mortgage services and competitive rates. Founded in 2005, it has built a reputation for reliability, with expertise in various loan types and a focus on customer satisfaction. The bank is praised for its responsive lending team, transparent processes, and deep community involvement, making it a top choice for homebuyers in Northwest Arkansas.
Loan Types:
Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a nationally recognized lender with a robust local office in Rogers, offering efficient and customer-focused mortgage solutions. Founded in 2008, it excels in fast closings and has a high rating for its digital tools and dedicated loan officers. The company is committed to community support and provides competitive rates, making it ideal for those seeking a seamless home financing experience in the Benton County area.
Loan Types:
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a leading mortgage lender with a strong presence in Rogers, renowned for its innovative online platform and competitive pricing. Established in 2000, it combines technology with personalized service to offer a wide range of loan products. The company is highly rated for its transparency, speed, and expert guidance, serving homebuyers in Northwest Arkansas with a focus on affordability and customer satisfaction.
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Frequently Asked Questions
Common questions about mortgage lending in Rogers, AR
What are the current mortgage rates like in Rogers, AR?
Mortgage rates in Rogers are typically competitive with national averages, but can be influenced by local market conditions. As of late 2023, rates for 30-year fixed mortgages in Northwest Arkansas generally range from 6.5% to 7.5%, but it's best to check with local lenders for the most current rates. Rogers' strong job market and growing population can sometimes create slightly different rate environments than national trends.
Are there any first-time homebuyer programs specific to Rogers?
Yes, the Arkansas Development Finance Authority (ADFA) offers several first-time homebuyer programs available to Rogers residents, including down payment assistance and competitive interest rates. Additionally, some local lenders in Rogers may offer special programs for teachers, healthcare workers, or other essential employees. These programs can provide significant savings for qualified buyers in Rogers' competitive housing market.
How does Rogers' rapid growth affect mortgage lending requirements?
Rogers' status as one of Arkansas's fastest-growing cities means lenders may be more familiar with the local market's appreciation trends. However, the competitive market often requires stronger offers, which might include larger down payments or higher credit scores to stand out. Lenders in Rogers are typically experienced with appraisals in appreciating neighborhoods, which can work to your advantage during the mortgage process.
What special considerations should I know about for mortgages in Rogers' historic districts?
If you're buying in Rogers' historic districts like the Downtown area, you may need specialized financing options. Some properties might require renovation loans like the FHA 203(k) if updates are needed, and lenders will pay close attention to preservation requirements. It's important to work with a lender experienced in historic properties, as appraisal processes can differ from standard homes.
Are there any local property tax considerations that affect mortgages in Rogers?
Rogers has Benton County property taxes that typically range from 0.60% to 0.70% of assessed value, which lenders factor into your debt-to-income ratio. New construction in rapidly developing areas may have different tax considerations, and some neighborhoods might have additional improvement district taxes. Your lender will help estimate these costs accurately for your mortgage qualification and monthly payment calculations.
Why Choose a Mortgage Lender in Rogers?
Local Market Knowledge
Lenders who understand Rogers'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 Rogers and get competitive rates on your home loan.