The Best Mortgage Lenders in Axtell, KS
Compare verified mortgage lenders serving Axtell, Kansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Axtell
Featured Mortgage Lenders
Mortgage Services Department
Security 1st Credit Union
Security 1st Credit Union stands out as one of the highest-rated mortgage lenders serving the Axtell area with exceptional member satisfaction. As a not-for-profit financial cooperative, they offer highly competitive rates and personalized service. Their mortgage team has extensive experience with rural and small-town properties common in the Axtell region. They specialize in first-time homebuyer programs and offer flexible underwriting with local decision-making. Members consistently praise their transparent process, low closing costs, and commitment to finding the right mortgage solution for each borrower's unique situation.
Loan Types:
Mortgage Lending Division
Capitol Federal Savings Bank
Capitol Federal Savings Bank has been serving Kansas communities for over 125 years and maintains a strong presence throughout northeast Kansas, including Axtell. Known for their "True Blue" commitment to customers, they offer some of the most competitive mortgage rates in the region. Their experienced loan officers specialize in rural property financing and understand the unique aspects of Marshall County real estate. Customers consistently rate them highly for their straightforward application process, local underwriting, and exceptional customer service throughout the loan term.
Loan Types:
Mortgage Department
First Mortgage Company, LLC
First Mortgage Company is a highly-regarded regional mortgage lender that serves the entire state of Kansas, including Axtell. They have built an outstanding reputation for their expertise in rural and small-town mortgage financing. Their loan officers are particularly skilled with USDA rural development loans, which are highly relevant for Axtell area borrowers. The company receives consistent praise for their responsive communication, efficient processing, and ability to close loans quickly. They offer a wide range of mortgage products with competitive rates and have extensive experience with the unique property types found in Marshall County.
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Frequently Asked Questions
Common questions about mortgage lending in Axtell, KS
What are the current average mortgage rates for homebuyers in Axtell, KS?
Mortgage rates in Axtell typically align with national averages but can vary based on local lender competition. Currently, 30-year fixed rates in the Axtell area range from 6.5% to 7.25%, depending on credit score and loan type. Local lenders like Citizens State Bank and Exchange National Bank often offer competitive rates specifically for Axtell residents.
Are there any first-time homebuyer programs specifically available in Axtell?
Yes, Axtell homebuyers can access Kansas Housing Resources Corporation's first-time homebuyer programs, which offer down payment assistance and competitive interest rates. Additionally, some local lenders provide special first-time buyer loans with lower down payment requirements, specifically tailored for Axtell's rural housing market.
How does Axtell's rural location affect the mortgage approval process?
Axtell's rural status can impact appraisals since comparable properties may be limited, potentially requiring appraisers from larger nearby towns like Marysville or Seneca. Some lenders may have specific requirements for rural properties, but USDA loans are particularly advantageous here since Axtell qualifies for USDA rural development programs with zero down payment options.
What types of properties in Axtell might qualify for special mortgage programs?
Older historic homes in Axtell's central district may qualify for rehabilitation loans like the FHA 203(k), while agricultural properties with acreage might be eligible for special farm loans. Properties meeting USDA criteria (typically outside the town center) can access USDA direct and guaranteed loans, which are ideal for Axtell's rural character.
How long does the mortgage process typically take with local Axtell lenders?
The mortgage process with local Axtell lenders usually takes 30-45 days, similar to national timelines. However, working with local banks like Citizens State Bank can sometimes streamline the process since they have direct knowledge of Axtell's property market and can often provide quicker appraisals and underwriting decisions.
Why Choose a Mortgage Lender in Axtell?
Local Market Knowledge
Lenders who understand Axtell'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 Axtell and get competitive rates on your home loan.