The Best Mortgage Lenders in Earling, IA
Compare verified mortgage lenders serving Earling, Iowa. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Earling
Featured Mortgage Lenders
Fairway Independent Mortgage
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage is a top-rated lender known for its competitive rates, personalized service, and extensive loan options. With over 28 years in business, they have built a strong reputation in Iowa for reliability and customer satisfaction. Their local West Des Moines branch serves Earling and surrounding areas, offering expert guidance from application to closing, backed by high customer reviews praising their responsiveness and efficiency.
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Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a highly regarded lender with a focus on fast closings and community involvement. Founded in 2008, they have earned a 4.7-star rating for their streamlined processes and dedicated support. Serving Earling from their Ankeny office, they offer a wide range of loan products and are praised for their transparency and competitive rates, making them a trusted choice for homebuyers in the region.
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New American Funding
New American Funding, LLC
New American Funding is a reputable lender with over two decades of experience, offering diverse loan options and a commitment to underserved communities. Their Urbandale branch serves Earling with a 4.6-star rating, highlighting their excellent customer service and flexible solutions. Known for competitive rates and a efficient approval process, they have strong local presence and positive reviews for making home financing accessible and straightforward.
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Frequently Asked Questions
Common questions about mortgage lending in Earling, IA
What are typical mortgage rates like for homebuyers in Earling, IA?
Mortgage rates in Earling generally align with national averages but can vary based on local lender competition and property types. Currently, rates for 30-year fixed mortgages in the area typically range from 6.5% to 7.25%, though rural properties may have slightly different rates. Working with local lenders familiar with Shelby County can help you secure the most competitive rate for your specific situation.
Are there any first-time homebuyer programs specifically available in Earling?
Yes, Earling residents can access Iowa Finance Authority programs like the FirstHome program, which offers competitive interest rates and down payment assistance. Additionally, the Homes for Iowans program provides mortgage credit certificates that can reduce federal income tax liability. Local lenders can also guide you toward USDA rural development loans, which are particularly relevant for Earling's rural character.
How does Earling's rural location affect mortgage lending options?
Earling's designation as a rural community makes USDA loans widely available, offering 100% financing with no down payment requirement. This can be particularly advantageous for moderate-income buyers. However, some conventional lenders may have stricter requirements for rural property appraisals, so working with lenders experienced in rural Iowa markets is recommended.
What should I know about property taxes when getting a mortgage in Earling?
Shelby County property taxes in Earling are relatively moderate compared to urban Iowa areas, typically ranging from 1.3% to 1.6% of assessed value. Your mortgage lender will factor these taxes into your monthly escrow payments. It's important to review recent tax assessments on properties you're considering, as agricultural influences can sometimes affect valuation methods in this area.
Are there local down payment assistance programs for Earling homebuyers?
While Earling itself doesn't offer city-specific programs, Shelby County participates in statewide assistance programs through the Iowa Finance Authority. The Down Payment Assistance program provides up to $5,000 as a 0% interest, forgivable loan for qualified buyers. Local credit unions and community banks in the area may also offer their own assistance programs for residents purchasing within the county.
Why Choose a Mortgage Lender in Earling?
Local Market Knowledge
Lenders who understand Earling'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 Earling and get competitive rates on your home loan.