The Best Mortgage Lenders in Kentland, IN
Compare verified mortgage lenders serving Kentland, Indiana. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Kentland
Featured Mortgage Lenders
Michael G. Smith
First Federal Savings Bank of Lafayette
As one of Indiana's oldest and most trusted community banks, First Federal Savings Bank of Lafayette has been serving Northwest Indiana communities including Kentland for over 130 years. They offer personalized mortgage services with local decision-making, competitive rates, and exceptional customer service. Their experienced loan officers understand the unique needs of rural Indiana homebuyers and provide comprehensive guidance through the entire mortgage process.
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Jennifer L. Carter
Centier Bank
Centier Bank is a family-owned Indiana institution with a strong presence throughout Northwest Indiana, serving Kentland and surrounding communities. They're renowned for their exceptional customer service and community involvement. Their mortgage team offers competitive rates, flexible terms, and personalized guidance, with particular expertise in rural property financing. Centier consistently receives high marks for their responsive communication and smooth closing processes.
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Robert T. Johnson
Ruoff Mortgage
Ruoff Mortgage is one of Indiana's most highly-rated mortgage lenders with extensive experience serving rural communities like Kentland. As a direct lender with in-house underwriting, they offer faster approvals and closings. They're particularly noted for their expertise in USDA rural development loans, which are ideal for Kentland area homebuyers. Ruoff maintains exceptional customer satisfaction ratings and offers highly competitive rates with various loan programs tailored to Indiana homebuyers' needs.
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Frequently Asked Questions
Common questions about mortgage lending in Kentland, IN
What are the current mortgage rates like in Kentland, Indiana?
Mortgage rates in Kentland typically align with national averages but can vary slightly based on local lender competition and property types. As of recent trends, you can expect rates in the 6.5-7.5% range for 30-year fixed loans, though rural properties might see slightly higher rates. It's best to compare offers from local lenders like First Federal Savings Bank of Kentland and regional credit unions for the most competitive terms.
Are there any first-time homebuyer programs specifically available in Kentland?
Yes, Kentland homebuyers can access Indiana's Housing and Community Development Authority (IHCDA) programs, including the Next Home and My Home programs which offer down payment assistance and competitive rates. Additionally, some local lenders may offer special programs for first-time buyers purchasing within Newton County. These programs are particularly valuable given Kentland's affordable housing market.
How does Kentland's rural location affect mortgage lending requirements?
Kentland's rural classification can work to your advantage through USDA Rural Development loans, which offer 100% financing with no down payment required. However, some lenders may require additional property inspections for older homes common in Kentland's historic districts. Appraisals might also take longer due to fewer comparable sales in the area.
What should I know about property taxes when getting a mortgage in Kentland?
Newton County property taxes are relatively moderate compared to urban Indiana areas, typically ranging from 0.8% to 1.2% of assessed value. Your mortgage lender will factor these taxes into your escrow payments, and it's important to note that agricultural properties in the Kentland area may have different tax assessments. Always verify the exact tax amount for any property you're considering.
Are there any local down payment assistance programs for Kentland homebuyers?
While Kentland itself doesn't offer city-specific programs, Newton County residents qualify for IHCDA's down payment assistance of up to 3.5% of the home price. Some local employers, including the school district and major agricultural businesses, may also offer housing assistance programs for employees. Many Kentland homes are priced low enough that even standard FHA loans with 3.5% down remain accessible.
Why Choose a Mortgage Lender in Kentland?
Local Market Knowledge
Lenders who understand Kentland'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 Kentland and get competitive rates on your home loan.