SSL Secured
Privacy Protected
Licensed & Regulated
MortgageLenderNearMe
Long Grove, IA

The Best Mortgage Lenders in Long Grove, IA

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

3
Top Lenders
4.7
Avg Rating
310+
Reviews
11
Loan Types

Available Loan Programs in Long Grove

Conventional
FHA
VA
USDA
Jumbo
Construction
Refinance
First-time Homebuyer
Home Equity
Construction-to-Perm
Investment Property

Featured Mortgage Lenders

1

Scott County Savings Bank

Scott County Savings Bank

★★★★☆
4.8/5

Scott County Savings Bank is a highly-rated community bank serving the entire Quad Cities metro area including Long Grove. With over two decades of experience, they've built an exceptional reputation for personalized mortgage services and competitive local rates. Their mortgage team provides comprehensive lending solutions with the personal attention of a community bank, offering everything from first-time homebuyer programs to jumbo loans and construction financing. They're known for their responsive service, local underwriting decisions, and deep understanding of the Eastern Iowa housing market.

Experience:25 years
Reviews:89 customer reviews
875 Lincoln Road, Bettendorf, IA 52722

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinance
Visit Website
2

Ascentra Credit Union

Ascentra Credit Union

★★★★☆
4.7/5

Ascentra Credit Union serves the entire Quad Cities region including Long Grove with exceptional mortgage services and member-focused lending. As a not-for-profit financial cooperative, they offer highly competitive rates and low fees to their members. Their mortgage specialists are praised for guiding borrowers through the entire process with exceptional customer service. They specialize in first-time homebuyer programs, VA loans, and offer unique benefits like rate matching and flexible credit requirements that make them a top choice for Eastern Iowa homebuyers.

Experience:15 years
Reviews:127 customer reviews
2222 East Kimberly Road, Davenport, IA 52807

Loan Types:

ConventionalFHAVAFirst-time HomebuyerRefinanceHome Equity
Visit Website
3

Quad City Bank & Trust

Quad City Bank & Trust

★★★★☆
4.6/5

Quad City Bank & Trust has been serving the regional mortgage market for nearly three decades with a strong focus on personalized service and local decision-making. They offer a comprehensive range of mortgage products with particular expertise in construction loans and jumbo financing for the area's unique housing needs. Their mortgage team has deep roots in the community and is known for providing competitive rates combined with exceptional customer service. They maintain strong relationships with local real estate professionals and have extensive experience with the specific requirements of Iowa mortgage lending.

Experience:20 years
Reviews:94 customer reviews
3551 East 53rd Street, Davenport, IA 52807

Loan Types:

ConventionalJumboConstruction-to-PermInvestment PropertyRefinance
Visit Website

Frequently Asked Questions

Common questions about mortgage lending in Long Grove, IA

What are the current mortgage rates like for homes in Long Grove, IA?

Mortgage rates in Long Grove typically align with national averages but can be influenced by local market conditions. Currently, rates for 30-year fixed mortgages in the Cedar Rapids metro area (which includes Long Grove) range from 6.5% to 7.25%, depending on credit score and loan type. It's advisable to compare rates from local Iowa lenders who understand the specific property values in this rural community.

Are there any first-time homebuyer programs specific to Long Grove, IA?

While Long Grove itself doesn't offer local programs, Iowa's FirstHome Program provides down payment assistance and competitive rates for qualified buyers in Scott County. Additionally, the Iowa Finance Authority's programs are accessible to Long Grove residents and can be particularly helpful given the area's moderate home prices compared to larger metro areas.

How does Long Grove's rural location affect the mortgage process?

Long Grove's rural character can impact appraisals since comparable properties might be limited, potentially requiring appraisers familiar with the area. Some lenders may have specific requirements for rural properties, particularly if the home is on well and septic systems. Working with lenders experienced in Scott County rural properties can streamline this process.

What types of properties typically require special mortgage consideration in Long Grove?

Older farmhouses, properties with acreage, and homes with unique historic features common in Long Grove may require specialized appraisals and potentially different lending criteria. USDA loans are particularly relevant here since much of Long Grove qualifies for rural development loans, which offer 100% financing for eligible properties.

How do property taxes in Long Grove affect mortgage qualification?

Scott County property taxes in Long Grove average approximately 1.4% of assessed value, which lenders factor into debt-to-income ratios. These taxes are generally lower than in nearby urban areas but still significant when calculating monthly payments. Your lender will verify exact tax amounts during underwriting since they impact your overall housing payment.

Mortgage Insights

Finding Your Perfect Home Mortgage Lender in Long Grove, Iowa

Searching for "home mortgage lenders near me" is more than just a quick online query; it's the first crucial step toward planting roots in a community. For homebuyers looking at the charming village of Long Grove, Iowa, this search takes on a special local flavor. The right lender isn't just a financial service provider; they're a partner who understands the nuances of our specific market and can guide you through a process that might feel unfamiliar.

Long Grove offers a unique blend of quiet, small-town living with convenient access to the Quad Cities metro area. This dynamic directly impacts your mortgage journey. Home values here can vary, with historic properties, newer subdivisions, and larger rural lots all within the village. A local lender with experience in Scott County will have a firm grasp on property valuations in these different settings, which is vital for a smooth appraisal process. They understand what makes a Long Grove property desirable and can help you navigate the specifics, whether you're looking at a home with acreage or a cozy property near the Long Grove Historic District.

When starting your search for lenders, think beyond big national banks. Some of your most valuable partners might be local community banks or credit unions with deep roots in Eastern Iowa. These institutions often have more flexibility and a personal touch, and their loan officers live and work in the area. They can be invaluable resources for understanding neighborhood trends. Additionally, make sure to explore Iowa-specific homebuyer programs. The Iowa Finance Authority (IFA) offers fantastic programs like FirstHome and Homes for Iowans, which provide competitive interest rates, down payment assistance, and tax credits to eligible buyers. A knowledgeable local lender will be well-versed in these programs and can help you determine if you qualify, potentially saving you thousands of dollars.

Your actionable plan should start with a mix of research and conversation. Compile a shortlist of lenders: include at least one local bank, one credit union, and perhaps a mortgage broker with strong Iowa credentials. Then, get on the phone or visit in person. Ask them pointed questions: "How many mortgages have you closed in Scott County in the last year?" "Can you walk me through the IFA programs I might be eligible for?" "What is your typical timeline to close in this market?" Pay close attention to how they communicate; you'll be working with them for 30-45 days, so you need someone responsive and patient.

Finally, remember that in a tight-knit community like Long Grove, word of mouth is powerful. Ask your real estate agent for trusted recommendations—they see which lenders close smoothly and on time. Talk to neighbors or local Facebook community groups. Finding a lender who is not just near you on a map, but deeply integrated into the fabric of Eastern Iowa, is the key to unlocking your new front door in Long Grove with confidence and clarity.

Nearby Cities

Explore mortgage lenders in cities near Long Grove, IA

Why Choose a Mortgage Lender in Long Grove?

Local Market Knowledge

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