The Best Mortgage Lenders in Athol, KS
Compare verified mortgage lenders serving Athol, Kansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Athol
Featured Mortgage Lenders
Jeff Duryea
Citizens State Bank
Citizens State Bank has been serving North Central Kansas communities for over 120 years and is one of the most trusted local lenders in the Athol area. As a community bank with deep roots in Smith County and surrounding regions, they offer personalized mortgage services with local decision-making. Their experienced loan officers provide competitive rates on various loan programs including USDA rural development loans that are particularly relevant for Athol homebuyers. The bank maintains exceptional customer satisfaction through personalized service and understanding of local real estate markets.
Loan Types:
Mortgage Department
Landmark National Bank
Landmark National Bank operates multiple branches throughout Kansas with strong presence in rural communities like Athol. They offer comprehensive mortgage solutions with local underwriting and decision-making. Their experienced loan officers specialize in rural property financing and understand the unique needs of Smith County homebuyers. The bank provides competitive rates and flexible terms with particular expertise in agricultural and rural residential properties. Their longstanding community commitment and extensive experience with Kansas real estate make them a top choice for Athol area mortgages.
Loan Types:
Mortgage Services
Midwest Regional Credit Union
Midwest Regional Credit Union serves multiple counties in Northwest Kansas including Smith County where Athol is located. They offer member-focused mortgage solutions with competitive rates and low closing costs. Their mortgage specialists provide personalized guidance through the entire homebuying process, with particular strength in first-time homebuyer programs and rural development loans. The credit union's not-for-profit structure often results in better terms for borrowers, and they maintain strong community relationships throughout their service area, making them an excellent choice for Athol residents seeking mortgage financing.
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Frequently Asked Questions
Common questions about mortgage lending in Athol, KS
What are the current average mortgage rates for homebuyers in Athol, KS?
Mortgage rates in Athol typically align with national averages but can vary slightly based on local lender competition. Currently, 30-year fixed rates in the area range from 6.5% to 7.2%, though rural properties may have slightly higher rates. It's best to check with local Kansas lenders like First State Bank or People's Bank & Trust who understand the Athol market.
Are there any first-time homebuyer programs specifically available in Athol?
Yes, Athol homebuyers can access Kansas Housing Resources Corporation programs like First Time Homebuyer Program and Homeowner Rehab Program. These programs offer competitive interest rates and down payment assistance, which is particularly valuable in Athol's affordable housing market where median home prices are below state averages.
How does Athol's rural location affect the mortgage approval process?
Athol's rural designation can impact appraisals and property eligibility since some lenders have stricter requirements for rural properties. USDA loans are particularly advantageous here as Athol qualifies for USDA rural development loans, which offer 100% financing with no down payment required for eligible borrowers.
What special considerations should I know about when buying an older home in Athol?
Many Athol homes were built decades ago, so mortgage lenders often require thorough inspections and may mandate repairs for older systems like wiring, plumbing, or foundations. Consider an FHA 203(k) renovation loan, which allows you to finance both purchase and repairs - particularly useful for Athol's historic housing stock.
Are property taxes in Athol typically included in mortgage escrow accounts?
Yes, most Athol mortgages include property taxes in escrow accounts since Smith County has relatively stable tax rates. Current property tax rates in Athol average approximately 1.3% of assessed value, and lenders typically require escrow accounts to ensure these consistent payments are managed properly throughout the year.
Why Choose a Mortgage Lender in Athol?
Local Market Knowledge
Lenders who understand Athol'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 Athol and get competitive rates on your home loan.