The Best Mortgage Lenders in Clive, IA
Compare verified mortgage lenders serving Clive, Iowa. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Clive
Featured Mortgage Lenders
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a highly-rated national mortgage lender with a dedicated local office serving the Clive area, known for its competitive rates, streamlined digital application process, and extensive loan options. With over two decades of experience, they have built a strong reputation for customer satisfaction, offering personalized service and quick closings, making them a top choice for homebuyers in the Des Moines metro region.
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Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage is a top-performing lender with a significant presence in the Clive and greater Des Moines area, praised for its exceptional customer service and community-focused approach. They offer a wide array of mortgage products, including specialized programs for first-time buyers, and are renowned for their responsive loan officers and efficient processing, backed by nearly three decades of industry expertise.
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New American Funding
New American Funding
New American Funding is a reputable national lender with a local team that actively serves Clive residents, offering competitive rates and a diverse portfolio of loan options, including programs for low-to-moderate income borrowers. With 20 years of experience, they are known for their innovative solutions, such as their "I CAN" mortgage program, and have consistently high ratings for their customer-centric approach and flexibility in handling unique financial situations.
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Frequently Asked Questions
Common questions about mortgage lending in Clive, IA
What are current mortgage rates like for homebuyers in Clive, Iowa?
Mortgage rates in Clive typically align with national averages but can be influenced by local lender competition. As of recent trends, Clive buyers can expect competitive rates from both local credit unions like Veridian Credit Union and national lenders. It's wise to compare multiple lenders since even small rate differences can significantly impact your monthly payment in Clive's housing market.
Are there any first-time homebuyer programs specific to Clive that I should know about?
Yes, Clive homebuyers can access Iowa Finance Authority programs like the FirstHome program, which offers competitive interest rates and down payment assistance. Additionally, local lenders often provide special first-time buyer mortgages with lower down payment requirements. These programs are particularly valuable given Clive's desirable school districts and community amenities.
How does Clive's property tax rate affect my mortgage payments?
Clive has a property tax rate of approximately $33 per $1,000 of assessed value, which is relatively moderate for the Des Moines metro area. This means your monthly mortgage payment will include escrow payments for taxes that are higher than some surrounding communities but lower than others. Budget accordingly, as property taxes directly impact your total monthly housing cost.
What special considerations should I know about getting a mortgage for Clive's newer construction homes?
Many new developments in Clive's growing areas like Greenleaf and Ashworth Ridge require construction-to-permanent loans. These often have different qualification requirements than standard mortgages. You'll typically need a larger down payment (5-10% minimum) and should work with lenders experienced in Clive's new construction market to navigate the draw process smoothly.
How competitive is Clive's mortgage lending environment for jumbo loans?
Given Clive's higher-priced housing market compared to many Iowa communities, jumbo loans are common and quite competitive. Local lenders understand Clive's premium property values and often offer favorable jumbo terms. However, you'll typically need excellent credit (720+) and substantial reserves, with down payments usually starting at 10-20% for homes exceeding Polk County's conforming loan limits.
Nearby Cities
Explore mortgage lenders in cities near Clive, IA
Why Choose a Mortgage Lender in Clive?
Local Market Knowledge
Lenders who understand Clive'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 Clive and get competitive rates on your home loan.