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Buckingham, IA

The Best Mortgage Lenders in Buckingham, IA

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

3
Top Lenders
4.8
Avg Rating
850+
Reviews
8
Loan Types

Available Loan Programs in Buckingham

Conventional
FHA
VA
USDA
Jumbo
Refinance
First-Time Homebuyer
ARM

Featured Mortgage Lenders

1

Fairway Independent Mortgage Corporation

Fairway Independent Mortgage Corporation

★★★★☆
4.9/5

Fairway Independent Mortgage Corporation is a top-rated lender with a strong presence in Iowa, known for its exceptional customer service and competitive rates. With over 28 years in the industry, they specialize in a wide range of loan products and have consistently high customer satisfaction ratings. Their local office in Urbandale serves Buckingham and surrounding areas, providing personalized service and efficient processing, making them a trusted choice for homebuyers in the region.

Experience:28 years
Reviews:500 customer reviews
11001 Douglas Ave, Urbandale, IA 50322

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

Movement Mortgage

Movement Mortgage, LLC

★★★★☆
4.8/5

Movement Mortgage is a highly-rated lender with a focus on community engagement and streamlined loan processes. Founded in 2008, they have built a reputation for reliability and fast closings, serving Buckingham and central Iowa through their West Des Moines office. Customers praise their responsive team and competitive rates, with numerous reviews highlighting a smooth and stress-free mortgage experience, making them an excellent option for local homebuyers.

Experience:16 years
Reviews:200 customer reviews
6000 Westown Pkwy, West Des Moines, IA 50266

Loan Types:

ConventionalFHAVAUSDARefinanceFirst-Time Homebuyer
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3

Guaranteed Rate

Guaranteed Rate, Inc.

★★★★☆
4.7/5

Guaranteed Rate is a nationally recognized mortgage lender with a strong local presence in Des Moines, offering innovative digital tools and competitive loan options. With 24 years of experience, they are known for their transparency and efficiency, serving Buckingham residents with a variety of mortgage products. Their high customer ratings and commitment to education and support make them a reliable choice for those seeking a seamless home financing process in the area.

Experience:24 years
Reviews:150 customer reviews
100 Court Ave, Des Moines, IA 50309

Loan Types:

ConventionalFHAVAJumboRefinanceARM
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Frequently Asked Questions

Common questions about mortgage lending in Buckingham, IA

What are the typical mortgage rates available for homebuyers in Buckingham, IA?

Mortgage rates in Buckingham are generally competitive with national averages, but local lenders may offer slightly better terms due to lower operational costs. For conventional 30-year fixed loans, rates typically range from 6.5% to 7.5% as of 2024, though this varies by lender, credit score, and loan type. It's wise to compare offers from both local Buckingham banks and regional lenders for the best rate.

Are there any first-time homebuyer programs specific to Buckingham or Franklin County?

While Buckingham itself doesn't offer city-specific programs, Franklin County participates in statewide Iowa initiatives like the FirstHome and FirstHome Plus programs. These provide competitive interest rates and down payment assistance up to $2,500 or 3% of the purchase price. Local Buckingham lenders are well-versed in these programs and can help you determine eligibility.

How does Buckingham's rural location affect the mortgage process and property requirements?

Buckingham's rural setting means some properties may use well water and septic systems, which require additional inspections that can affect loan approval. USDA loans are particularly popular here since most of the area qualifies for their 0% down payment program. Appraisals might take slightly longer due to fewer comparable sales in this small community.

What types of properties are most common in Buckingham, and how does this impact mortgage choices?

Buckingham primarily features single-family homes, many of which are older properties with agricultural backgrounds. This makes FHA loans popular since they accommodate older homes that might need minor repairs. For those purchasing farmland or properties with acreage, you'll need specialized agricultural loans rather than conventional residential mortgages.

Are property taxes in Buckingham significantly different from surrounding areas, and how does this affect mortgage affordability?

Buckingham's property taxes are relatively moderate compared to larger Iowa cities, with Franklin County's effective tax rate around 1.3-1.5% of assessed value. This translates to lower monthly escrow payments within your mortgage, improving overall affordability. However, taxes can vary between incorporated Buckingham and surrounding rural areas, so verify exact rates during your home search.

Mortgage Insights

Finding Your Perfect Mortgage Match in Buckingham, Iowa

Searching for a "mortgage lender near me" in Buckingham is about more than just convenience; it's about finding a partner who understands the unique rhythm of our local housing market. Buckingham offers a compelling blend of small-town charm and rural appeal, which creates a specific financial landscape for homebuyers. Whether you're eyeing a historic home near the town square or a property with some acreage on the outskirts, your choice of lender can significantly impact your homebuying journey.

In a close-knit community like Buckingham, local knowledge is invaluable. A mortgage lender based in or familiar with Buchanan County has a firsthand understanding of property values here. They know how a home's proximity to the Maquoketa River or its condition compared to other properties in the area affects its appraisal. This local insight helps prevent surprises during the valuation process, ensuring your loan moves forward smoothly. Furthermore, a local lender often has established relationships with area realtors, inspectors, and title companies, creating a more coordinated and efficient homebuying team.

For Iowa homebuyers, there are excellent state-specific programs to explore. A knowledgeable local lender will be your guide to opportunities like the Iowa Finance Authority (IFA) FirstHome Program, which offers competitive interest rates and down payment assistance for qualified buyers. There's also the IFA Homes for Iowans program for those who may not be first-time buyers but still benefit from attractive rates. These programs can be game-changers, making homeownership more accessible. A lender who primarily works in urban centers might not be as proactive in presenting these Iowa-specific benefits.

Your actionable first step? Look beyond the online search. While starting with "mortgage lender near me" is practical, prioritize lenders with a physical office within a reasonable distance of Buckingham. Schedule introductory conversations with a few. Ask them directly: "How many loans have you closed in Buchanan County in the last year?" and "Can you walk me through the Iowa Finance Authority programs I might qualify for?" Their answers will tell you everything you need to know about their local expertise.

Finally, remember that mortgage rates and terms are important, but service and understanding matter immensely. A local lender is accountable to the community and invested in your long-term satisfaction, not just the closing of a single loan. For your Buckingham home purchase, choose a lender who sees the value in our town as clearly as you do. They should be a trusted advisor who helps you navigate the numbers while you focus on finding the right home to start your next chapter.

Nearby Cities

Explore mortgage lenders in cities near Buckingham, IA

Why Choose a Mortgage Lender in Buckingham?

Local Market Knowledge

Lenders who understand Buckingham'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 Iowa.

Ready to Find Your Perfect Mortgage Lender?

Connect with top-rated mortgage professionals in Buckingham and get competitive rates on your home loan.