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Liscomb, IA

The Best Mortgage Lenders in Liscomb, IA

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

3
Top Lenders
4.6
Avg Rating
810+
Reviews
7
Loan Types

Available Loan Programs in Liscomb

Conventional
FHA
VA
USDA
Jumbo
Refinance
ARM

Featured Mortgage Lenders

1

Fairway Independent Mortgage Corporation

Fairway Independent Mortgage Corporation

★★★★☆
4.8/5

Fairway Independent Mortgage Corporation is highly rated for its exceptional customer service, competitive rates, and extensive experience in the Iowa market. With a strong local presence in West Des Moines, they serve Liscomb and surrounding areas, offering personalized mortgage solutions. Their reputation for reliability and high customer satisfaction makes them a top choice for homebuyers seeking a smooth and transparent lending process.

Experience:29 years
Reviews:350 customer reviews
1000 Office Park Rd, West Des Moines, IA 50265

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

New American Funding

New American Funding

★★★★☆
4.7/5

New American Funding is renowned for its diverse loan options and commitment to customer satisfaction, with a solid track record in serving Iowa communities like Liscomb. They emphasize educational resources and flexible financing, making them ideal for first-time homebuyers and those with unique financial needs. Their local office in Urbandale ensures accessible, personalized service backed by strong industry ratings.

Experience:22 years
Reviews:280 customer reviews
123 86th St, Urbandale, IA 50322

Loan Types:

ConventionalFHAVAUSDAJumboARMRefinance
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3

Caliber Home Loans

Caliber Home Loans Inc.

★★★★☆
4.2/5

Caliber Home Loans offers a wide range of mortgage products with a focus on personalized service and competitive rates, serving Liscomb and central Iowa reliably. Their experienced team provides tailored advice and efficient processing, supported by strong customer reviews and a commitment to community involvement. As an established lender with a Des Moines office, they combine national resources with local expertise for optimal results.

Experience:17 years
Reviews:180 customer reviews
500 Grand Ave, Des Moines, IA 50309

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Liscomb, IA

What are the current mortgage rates like in Liscomb, Iowa?

Mortgage rates in Liscomb are generally competitive with national averages, but local lenders may offer slightly better terms due to the rural market. As of late 2023, 30-year fixed rates typically range from 6.5% to 7.25%, though this varies by lender and borrower qualifications. It's wise to compare offers from both local community banks and regional lenders serving Marshall County.

Are there any first-time homebuyer programs specific to Liscomb?

Yes, the Iowa Finance Authority offers statewide programs like the FirstHome and FirstHome Plus programs, which provide affordable mortgage options and down payment assistance. These programs are available to Liscomb residents and can be particularly valuable given the area's moderate home prices. Local lenders like Liscomb Savings Bank are familiar with these programs and can help you apply.

How does Liscomb's rural location affect the mortgage process?

Liscomb's rural setting may require additional property considerations, such as well and septic inspections, which can affect loan approval. USDA loans are particularly relevant here, offering 100% financing for eligible rural properties in and around Liscomb. Appraisals might take slightly longer due to fewer comparable sales in the immediate area.

What types of properties are most common in Liscomb's mortgage market?

Liscomb's mortgage market primarily consists of single-family homes and agricultural properties, with many older, well-maintained houses built in the early to mid-20th century. You'll find that conventional loans work for most properties, but FHA loans can be helpful for older homes that might need minor repairs. Manufactured homes on permanent foundations are also common and eligible for financing through specific programs.

Are property taxes in Liscomb typically included in mortgage payments?

Yes, most lenders in Marshall County, including Liscomb, will include property taxes in your monthly mortgage payment through an escrow account. Liscomb's property taxes are generally lower than national averages, currently around 1.1% of assessed value. Your lender will calculate this based on the specific property's tax assessment and include it in your payment estimate.

Mortgage Insights

Finding Your Perfect Mortgage Partner in Liscomb, Iowa

Searching for "mortgage companies near me" is one of the most crucial steps in your homebuying journey, especially in a close-knit community like Liscomb, Iowa. While the digital search is a great start, the local context here in Marshall County changes the game. Your choice of a mortgage lender isn't just about rates; it's about finding a partner who understands the nuances of our specific market and can guide you through a process that might be different than in a big city.

In Liscomb, the housing market often features charming older homes, acreages, and properties that reflect our rural character. A local mortgage officer familiar with Liscomb and the surrounding towns will have invaluable insight. They understand how to appraise a well-maintained century home or a property with outbuildings. They know which local inspectors and title companies work efficiently in our area, ensuring a smoother closing process. This local expertise can prevent surprises and delays that might stump a national lender unfamiliar with our types of properties.

Your search should start locally, but think regionally. Look for established mortgage companies with physical offices in nearby hubs like Marshalltown, State Center, or even Ames. These professionals service our area daily. Schedule consultations with a few to discuss not just loan products, but their experience with Liscomb transactions. Ask them: "How many loans have you closed in Marshall County in the last year?" and "Can you walk me through any unique considerations for buying an older home here?" Their answers will tell you everything.

As an Iowa homebuyer, you also have access to fantastic state-sponsored programs that a knowledgeable local lender can help you unlock. The Iowa Finance Authority (IFA) offers programs like the *FirstHome* loan, which provides competitive interest rates and down payment assistance for eligible buyers. There’s also the *Homes for Iowans* program for veterans, public servants, and teachers. A mortgage company familiar with Iowa-specific programs is an absolute asset, as they can seamlessly integrate these benefits into your financing.

Here is your actionable plan: First, ask for personal recommendations from your local Liscomb real estate agent, friends, or family who have recently purchased nearby. They are your best source for trusted names. Second, when you call or visit a mortgage company, be prepared. Have documents like pay stubs, tax returns, and bank statements ready. Third, get pre-approved—not just pre-qualified—before you seriously start looking at homes. In our smaller market, a solid pre-approval from a respected local lender makes your offer significantly stronger when you find that perfect Liscomb property.

Ultimately, finding the right "mortgage company near me" in Liscomb is about building a relationship with a professional who is your advocate, understands our community's value, and is committed to helping you plant roots right here in Iowa. Take the time to find that right fit—it’s the foundation of your new home.

Nearby Cities

Explore mortgage lenders in cities near Liscomb, IA

Why Choose a Mortgage Lender in Liscomb?

Local Market Knowledge

Lenders who understand Liscomb'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 Liscomb and get competitive rates on your home loan.