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Perry, IA

The Best Mortgage Lenders in Perry, IA

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

3
Top Lenders
4.5
Avg Rating
575+
Reviews
8
Loan Types

Available Loan Programs in Perry

Conventional
FHA
VA
USDA
Jumbo
Refinance
ARM
Reverse Mortgages

Featured Mortgage Lenders

1

LoanDepot

LoanDepot, LLC

★★★★☆
4.5/5

LoanDepot is a highly-rated national mortgage lender with a strong local presence in Iowa, serving Perry and surrounding areas. Known for competitive rates and a streamlined online application process, they excel in customer satisfaction with personalized service. Their extensive loan options and efficient closing times make them a top choice for homebuyers in the region.

Experience:14 years
Reviews:185 customer reviews
3200 Westown Parkway, Suite 150, West Des Moines, IA 50266

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

Guaranteed Rate

Guaranteed Rate, Inc.

★★★★☆
4.6/5

Guaranteed Rate is a premier mortgage lender with a robust Des Moines office that actively serves Perry residents. They are renowned for their technology-driven approach, offering real-time rate tracking and a seamless digital experience. With high customer ratings for transparency and expert guidance, they provide tailored solutions for first-time and repeat homebuyers alike.

Experience:24 years
Reviews:220 customer reviews
666 Walnut Street, Suite 2100, Des Moines, IA 50309

Loan Types:

ConventionalFHAVAUSDAJumboARMRefinance
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3

New American Funding

New American Funding

★★★★☆
4.4/5

New American Funding is a top-rated lender with a dedicated Iowa team that covers Perry, offering diverse loan programs and a focus on community engagement. They are praised for their inclusive lending practices, including options for low-to-moderate income borrowers, and have a reputation for responsive customer service and competitive rates.

Experience:21 years
Reviews:170 customer reviews
1501 42nd Street, Suite 476, West Des Moines, IA 50266

Loan Types:

ConventionalFHAVAUSDAJumboReverse MortgagesRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Perry, IA

What are current mortgage rates like for homes in Perry, IA?

Mortgage rates in Perry typically align with national averages but can be slightly lower due to Iowa's stable housing market. As of late 2024, you can expect 30-year fixed rates around 6.5-7% for qualified buyers. Local lenders like First Federal Savings Bank of Perry often offer competitive rates specifically for Perry residents.

Are there any first-time homebuyer programs specifically available in Perry?

Yes, Perry homebuyers can access Iowa Finance Authority programs like the FirstHome program, which offers competitive interest rates and down payment assistance. Additionally, the City of Perry occasionally partners with local lenders to offer special financing for first-time buyers purchasing in designated neighborhoods.

How does Perry's property tax system affect my mortgage payments?

Dallas County property taxes in Perry average approximately 1.5% of assessed value, which is factored into your monthly mortgage escrow payments. The current tax rate means a $200,000 home would have about $3,000 annually in property taxes, adding roughly $250 to your monthly mortgage payment.

What special considerations should I know about getting a mortgage for Perry's older historic homes?

Many homes in Perry's historic districts require special attention during the mortgage process. You'll want to ensure the appraiser has experience with historic properties, and consider an FHA 203(k) loan if renovations are needed. Local lenders familiar with Perry's historic preservation requirements can guide you through this process.

Are there any local down payment assistance programs for Perry homebuyers?

The City of Perry offers a Down Payment Assistance Program that provides up to $5,000 for eligible buyers, particularly those purchasing in target areas. Additionally, the Iowa Association of Realtors partners with local lenders to offer grants and special financing options for Perry residents meeting income guidelines.

Mortgage Insights

Finding Your Perfect Home Loan Partner in Perry, Iowa

Searching for "home loan companies near me" is one of the most crucial steps in your Perry homebuying journey. It’s about more than just proximity; it’s about finding a financial partner who understands the unique character and value of our local market. Perry offers a blend of historic charm, community spirit, and affordable living that requires a lender who sees beyond just numbers on an application. Whether you're drawn to a classic Victorian near the Carnegie Library Museum or a newer build on the edge of town, the right local mortgage expertise can make all the difference.

In a town like Perry, building relationships matters. While national online lenders are an option, there’s undeniable value in working with a loan officer who has a physical office in Dallas County or the surrounding area. These professionals have firsthand experience with local property values, understand the nuances of appraisals in our specific neighborhoods, and often have established relationships with Perry-area realtors and title companies. This local network can lead to a smoother, faster closing process. When you sit down with them, they’re not just evaluating your finances; they’re helping you craft a plan to afford a home in *this* community.

As an Iowa homebuyer, you also have access to several state-specific programs that a knowledgeable local lender can help you navigate. The Iowa Finance Authority (IFA) offers fantastic resources like the FirstHome Loan program, which provides competitive interest rates and down payment assistance for qualified buyers. There’s also the Homes for Iowans loan program, which offers similar benefits without a first-time homebuyer requirement. A local mortgage company familiar with these programs can efficiently guide you through the eligibility requirements and paperwork, ensuring you don’t leave any money on the table.

Your actionable first step? Go beyond the search engine. After identifying a few "home loan companies near me," do your homework. Check reviews, ask for recommendations in local Perry Facebook groups or from your realtor, and then schedule consultations with at least two or three lenders. Come prepared with questions: "How often do you work with buyers in the Perry school district?" or "Can you walk me through the IFA programs I might qualify for?" Compare not just the interest rates, but also the estimated closing costs and the responsiveness of the loan officer.

Buying a home in Perry is an investment in a way of life. By choosing a home loan company that is genuinely invested in our community, you’re securing more than just financing—you’re gaining a guide who will help you confidently plant roots in the Raccoon River Valley. Start those conversations locally, and you’ll be well on your way to turning a Perry address into your new home.

Nearby Cities

Explore mortgage lenders in cities near Perry, IA

Why Choose a Mortgage Lender in Perry?

Local Market Knowledge

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