The Best Mortgage Lenders in Arlington, KS
Compare verified mortgage lenders serving Arlington, Kansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Arlington
Featured Mortgage Lenders
Chris Bannister
Fidelity Bank
Fidelity Bank is one of Kansas' most trusted regional financial institutions with over a century of service. They maintain a strong presence throughout south-central Kansas and specifically serve the Arlington community with personalized mortgage solutions. Their mortgage team receives exceptional ratings for local decision-making, competitive rates, and comprehensive loan options including specialized rural and agricultural lending programs suitable for the Arlington area.
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Mortgage Department
Credit Union of America
As a member-owned financial cooperative, Credit Union of America has built an outstanding reputation for mortgage lending throughout south-central Kansas. They serve Arlington residents with highly competitive rates and exceptional customer service. Their mortgage specialists are praised for guiding borrowers through the entire process with transparency and expertise, offering special first-time homebuyer programs and flexible qualification standards that benefit rural community residents.
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Scott Gieber
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation, represented by top-rated local loan officer Scott Gieber, consistently ranks among the highest-rated mortgage providers serving the Arlington area. With nearly two decades of experience and hundreds of five-star reviews, this team excels at navigating complex loan scenarios while offering competitive pricing. Their extensive product lineup includes specialized rural housing loans perfect for the Arlington market, backed by national lending power with local personalized service.
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Frequently Asked Questions
Common questions about mortgage lending in Arlington, KS
What are the current average mortgage rates for homebuyers in Arlington, KS?
Mortgage rates in Arlington typically align with national averages but can be slightly lower due to the area's rural classification and lower cost of living. As of recent data, 30-year fixed rates in the area often range between 6.5% and 7%, but it's best to check with local lenders like those at Community National Bank or Midland State Bank for the most current offers. Your specific rate will depend on your credit score, loan type, and down payment amount.
Are there any first-time homebuyer programs specifically available for Arlington residents?
Yes, Arlington homebuyers can access statewide programs like the Kansas Housing Resources Corporation's (KHRC) First Time Home Buyer Program, which offers competitive interest rates and down payment assistance. Additionally, some local lenders may offer special programs for Rice County residents. These programs are particularly valuable in Arlington's affordable market, where median home prices are well below state averages.
How does Arlington's rural location affect mortgage lending options?
Arlington's rural designation makes USDA loans an excellent option for qualified buyers, offering 100% financing with no down payment required. Many properties in and around Arlington qualify for USDA rural housing loans, which can be particularly advantageous given the area's agricultural surroundings. Local lenders are familiar with these programs and can help determine if a property meets location requirements.
What unique closing costs should I expect when buying a home in Arlington, KS?
In addition to standard closing costs, Arlington homebuyers should budget for typical Kansas fees including mortgage registration tax, title insurance specific to Rice County, and potential well and septic inspections for rural properties. Total closing costs typically range from 2% to 5% of the home's purchase price, with local lenders able to provide detailed estimates based on the specific property location.
How does Arlington's stable but slow-growing real estate market impact mortgage approval and home values?
Arlington's stable market means appraisals typically come in at or near asking price, which simplifies mortgage underwriting. However, lenders may be more cautious with unique or rural properties, requiring additional documentation. The area's consistent property values provide security for both buyers and lenders, making mortgage approvals generally straightforward for well-qualified borrowers purchasing typical single-family homes.
Why Choose a Mortgage Lender in Arlington?
Local Market Knowledge
Lenders who understand Arlington'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 Kansas.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Arlington and get competitive rates on your home loan.