The Best Mortgage Lenders in Fillmore, IN
Compare verified mortgage lenders serving Fillmore, Indiana. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Fillmore
Featured Mortgage Lenders
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is a top-rated lender known for its exceptional customer service and competitive rates. With over 28 years in the mortgage industry, they have built a strong reputation in Indiana, including serving Fillmore and surrounding areas. They offer a wide range of loan products and are praised for their personalized approach, fast closings, and high customer satisfaction scores. Their local presence in Indianapolis ensures dedicated support for clients in rural communities like Fillmore.
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New American Funding
New American Funding
New American Funding is a highly regarded mortgage lender with a strong regional presence in Indiana, serving Fillmore and other Putnam County areas. Founded in 2003, they are known for their innovative technology, diverse loan options, and commitment to minority and first-time homebuyer programs. Customers highlight their responsive service, competitive rates, and efficient processing. Their Carmel office provides localized expertise, making them a reliable choice for homeowners in Fillmore.
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CrossCountry Mortgage
CrossCountry Mortgage, LLC
CrossCountry Mortgage is a reputable lender with over two decades of experience, offering comprehensive mortgage solutions to Fillmore and central Indiana residents. They excel in providing personalized service, competitive rates, and a smooth loan process, as reflected in their high customer ratings. Their expertise includes various loan types, and they are known for their community involvement and reliable support for both urban and rural clients. The Indianapolis branch ensures accessible service for Fillmore homebuyers.
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Frequently Asked Questions
Common questions about mortgage lending in Fillmore, IN
What are the current mortgage rates like for homebuyers in Fillmore, IN?
Mortgage rates in Fillmore typically align with national averages but can be slightly lower due to the rural nature of Putnam County. Local lenders often offer competitive rates for conventional and FHA loans, with current 30-year fixed rates generally ranging between 6.5-7% depending on credit score and down payment. It's wise to compare offers from both local banks and credit unions in the area.
Are there any first-time homebuyer programs specific to Fillmore or Putnam County?
Yes, the Indiana Housing and Community Development Authority (IHCDA) offers several programs available to Fillmore residents, including the Next Home and My Home programs which provide down payment assistance and favorable interest rates. Additionally, local lenders like First Financial Bank and First National Bank often have their own first-time buyer incentives tailored to the Fillmore market.
How does Fillmore's rural location affect the mortgage process compared to larger Indiana cities?
Fillmore's rural status means some lenders may require additional property inspections for wells and septic systems, which are common in the area. USDA loans are particularly attractive here since most of Fillmore qualifies for USDA rural development loans requiring no down payment. Appraisal times might be slightly longer due to fewer comparable properties in the immediate area.
What types of properties typically require special mortgage considerations in Fillmore?
Older farmhouses and properties with acreage are common in Fillmore and may require specialized appraisals and additional inspections. Lenders often look closely at properties with outbuildings or agricultural potential, and you may need a larger down payment for homes on significant land. Manufactured homes on permanent foundations are also prevalent and require specific loan programs.
How long does the mortgage approval process typically take with local Fillmore lenders?
The mortgage process with local Fillmore lenders typically takes 30-45 days, which is standard for rural Indiana markets. Local institutions like People's Bank & Trust and First National Bank of Greencastle often provide quicker turnaround times due to their familiarity with Putnam County properties and more personalized service. During peak seasons, adding a week to this timeline is advisable.
Nearby Cities
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Why Choose a Mortgage Lender in Fillmore?
Local Market Knowledge
Lenders who understand Fillmore'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 Indiana.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Fillmore and get competitive rates on your home loan.