The Best Mortgage Lenders in Arlington, CO
Compare verified mortgage lenders serving Arlington, Colorado. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Arlington
Featured Mortgage Lenders
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage is a top-rated lender with a strong presence in Colorado, known for its exceptional customer service and competitive rates. They have consistently high ratings due to their personalized approach, extensive loan options, and efficiency in processing mortgages. Serving rural areas like Arlington, they offer both in-person and online services, making them a reliable choice for homebuyers in Eastern Colorado. Their long track record and numerous positive reviews highlight their commitment to client satisfaction and community involvement.
Loan Types:
New American Funding
New American Funding
New American Funding is a highly regarded mortgage lender with a significant footprint in Colorado, offering a wide range of loan products tailored to diverse needs. They are praised for their competitive rates, transparent process, and dedication to serving underserved communities, including rural areas like Arlington. With over two decades of experience, they have built a reputation for reliability and excellent customer support, backed by strong online reviews and a focus on innovative lending solutions.
Loan Types:
Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a reputable lender known for its fast and efficient service, with a strong regional presence in Colorado. They excel in providing personalized mortgage solutions and have earned high ratings for their customer-centric approach and competitive pricing. Serving Arlington and surrounding areas, they offer a variety of loan types and are committed to community outreach. Their consistent performance and positive client feedback make them a trusted option for home financing in Eastern Colorado.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Arlington, CO
What are the current mortgage rates like for homes in Arlington, CO?
Mortgage rates in Arlington, CO, are typically competitive with national averages but can be influenced by local market factors. Given Arlington's rural nature and smaller housing inventory, some lenders may offer slightly varied rates, so it's wise to compare both local and national lenders. As of recent trends, rates for a 30-year fixed mortgage in the area generally range within 0.25% of the national average.
Are there any first-time homebuyer programs specific to Arlington or Kiowa County?
Yes, first-time homebuyers in Arlington may benefit from Colorado Housing and Finance Authority (CHFA) programs, which offer down payment assistance and competitive interest rates. Additionally, Kiowa County might have local grants or initiatives aimed at promoting homeownership in rural areas. Consulting with a local mortgage lender familiar with these programs can help you access available resources.
How does Arlington's rural location affect the mortgage process?
Arlington's rural setting can impact the mortgage process, particularly regarding property appraisals, as fewer comparable home sales may be available, potentially leading to longer appraisal times. Lenders might also have specific requirements for properties on well and septic systems, which are common in the area. It's important to work with a lender experienced in rural Colorado properties to navigate these nuances smoothly.
What types of properties in Arlington are eligible for USDA loans?
Most properties in Arlington, CO, are eligible for USDA loans due to the town's designation as a rural area by the USDA. This includes single-family homes, condos, and manufactured homes that meet specific criteria, such as being located within eligible zones and serving as the borrower's primary residence. USDA loans are a great option here as they offer 100% financing with no down payment required.
Are property taxes in Arlington, CO, typically high, and how do they impact mortgage payments?
Property taxes in Arlington and Kiowa County are generally lower than in more urban parts of Colorado, which can make monthly mortgage payments more affordable. However, it's important to factor in these taxes when calculating your overall housing costs, as they will be included in your escrow account. A local lender can provide precise tax estimates based on the specific property you're considering.
Why Choose a Mortgage Lender in Arlington?
Local Market Knowledge
Lenders who understand Arlington'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 Colorado.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Arlington and get competitive rates on your home loan.