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Baxter Springs, KS

The Best Mortgage Lenders in Baxter Springs, KS

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

3
Top Lenders
4.5
Avg Rating
767+
Reviews
8
Loan Types

Available Loan Programs in Baxter Springs

Conventional
FHA
VA
USDA
Jumbo
Refinance
Construction Loans
Reverse Mortgages

Featured Mortgage Lenders

1

Equity Bank

Equity Bank

★★★★☆
4.5/5

Equity Bank is a highly-rated regional lender with a strong presence in Southeast Kansas, including service to Baxter Springs. Known for competitive mortgage rates and exceptional customer service, they offer a comprehensive range of loan products and have local branches that provide personalized support. Their long-standing reputation and community focus make them a top choice for homebuyers in the area.

Experience:22 years
Reviews:185 customer reviews
7701 East Kellogg Drive, Wichita, KS 67207

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

Landmark National Bank

Landmark National Bank

★★★★☆
4.4/5

Landmark National Bank has served Kansas communities for nearly three decades, with a reliable track record in mortgage lending and a commitment to local customer needs. They provide tailored mortgage solutions and are praised for their transparency and community involvement, making them a trusted option for borrowers in Baxter Springs and surrounding regions.

Experience:29 years
Reviews:132 customer reviews
701 Poyntz Avenue, Manhattan, KS 66502

Loan Types:

ConventionalFHAVAUSDAConstruction LoansRefinance
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3

New American Funding

New American Funding

★★★★☆
4.7/5

New American Funding is a nationally recognized mortgage lender with excellent customer satisfaction ratings and a strong online presence that serves Baxter Springs and all of Kansas. They offer competitive rates, a wide variety of loan programs, and dedicated local support, ensuring a smooth mortgage process for homebuyers with a focus on innovation and customer care.

Experience:21 years
Reviews:450 customer reviews
14511 Myford Road, Irvine, CA 92606

Loan Types:

ConventionalFHAVAUSDAJumboReverse MortgagesRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Baxter Springs, KS

What are the current mortgage rates like in Baxter Springs, KS?

Mortgage rates in Baxter Springs typically align with national averages but can be slightly lower due to the area's lower cost of living and competitive local lenders. As of recent trends, you can expect conventional 30-year fixed rates around 6.5-7%, but it's best to check with local banks or credit unions like Four County Mental Health Credit Union for the most current offers. Rates can vary based on your credit score and loan type.

Are there any first-time homebuyer programs specific to Baxter Springs?

Yes, Baxter Springs homebuyers can access Kansas Housing Resources Corporation (KHRC) programs like First Time Homebuyer Program and Homeownership Set-Aside Program, which offer competitive interest rates and down payment assistance. Additionally, local lenders may have special programs for Cherokee County residents. These programs are particularly valuable given Baxter Springs' affordable housing market, making homeownership more accessible.

How does Baxter Springs' location in a rural area affect mortgage lending options?

Baxter Springs' rural designation makes you eligible for USDA Rural Development loans, which offer 100% financing with no down payment required - a significant advantage in this market. Many properties in and around Baxter Springs qualify for these loans, providing an excellent option for buyers with moderate incomes. Local lenders are well-versed in these rural-specific programs.

What should I know about property taxes when getting a mortgage in Baxter Springs?

Cherokee County property taxes in Baxter Springs are relatively moderate compared to urban Kansas areas, typically ranging from 1.1% to 1.4% of assessed value. When calculating your mortgage payment, expect to escrow approximately $800-$1,200 annually for property taxes on a median-priced home. Your lender will help estimate these costs during the pre-approval process.

Are there special considerations for buying historic homes in Baxter Springs' downtown district?

Yes, purchasing in Baxter Springs' historic districts may require additional inspections and potentially higher insurance costs, which can affect your loan qualifications. Some lenders may have specific requirements for older homes, particularly those built before 1940. However, the city's rich history and preserved architecture make these properties attractive investments, and local lenders understand these unique considerations.

Mortgage Insights

Finding Your Guide: Why a Local Mortgage Agent is Key to Buying a Home in Baxter Springs

Searching for "mortgage agents near me" in Baxter Springs is more than just finding a convenient office location. It's about partnering with a professional who understands the unique heartbeat of our local housing market and can navigate the specific opportunities available to Southeast Kansas homebuyers. In a smaller, close-knit community like ours, that local expertise becomes your most valuable asset.

The Baxter Springs market has its own rhythm. You might be looking at a historic home along Military Avenue, a newer build on the outskirts, or a property with some acreage. A local mortgage agent doesn't just see numbers; they understand the appraisable value of our charming older homes, the nuances of rural properties, and the overall desirability of different neighborhoods. They have established relationships with local appraisers and title companies, which can help streamline your process in a way an out-of-town online lender simply cannot match.

On a practical level, starting your search locally means getting pre-approved with someone who knows Kansas-specific programs. For instance, the Kansas Housing Resources Corporation (KHRC) offers down payment assistance and first-time homebuyer programs with favorable terms. A knowledgeable Baxter Springs mortgage agent can tell you if you qualify for these and how to layer them with other loan options. They’re also acutely aware of the property types common here, such as homes with wells and septic systems, and can guide you on any additional inspections or insurance requirements needed for loan approval.

Your actionable first step? Look beyond a simple online search. Ask for referrals from your local real estate agent, friends, or family who have recently purchased in the area. When you speak with a potential agent, ask them pointed questions: "How many loans have you closed in Cherokee County in the last year?" "What Kansas-specific down payment assistance programs do you most frequently use?" "Can you walk me through how an appraisal might work for a century-old home here?" Their answers will immediately reveal their depth of local experience.

Remember, in Baxter Springs, you’re not just getting a loan; you’re making an investment in our community. A local mortgage agent has a stake in seeing you succeed and put down roots. They can offer personalized advice, meet with you face-to-face to answer questions, and be a steady guide through what can be a complex process. By choosing a professional embedded in our market, you gain an advocate who will work to find the right financial path for your new home right here in Baxter Springs.

Nearby Cities

Explore mortgage lenders in cities near Baxter Springs, KS

Why Choose a Mortgage Lender in Baxter Springs?

Local Market Knowledge

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