The Best Mortgage Lenders in Brookville, KS
Compare verified mortgage lenders serving Brookville, Kansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Brookville
Featured Mortgage Lenders
Home Loan Investment Bank
Home Loan Investment Bank, FSB
Home Loan Investment Bank is a highly-rated regional mortgage lender with strong presence throughout Kansas, including service to rural communities like Brookville. As an FDIC-insured federal savings bank, they offer competitive rates and personalized service with a focus on rural and suburban home financing. Their 4.8-star rating reflects exceptional customer satisfaction, and they specialize in helping borrowers in smaller Kansas communities navigate the mortgage process with local expertise and understanding of rural property financing needs.
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Credit Union of America
Credit Union of America Mortgage Department
As one of Kansas' oldest and most established financial institutions, Credit Union of America offers comprehensive mortgage services throughout the state with particular strength in serving central Kansas communities. Their 4.7-star rating is backed by decades of community banking experience and member-focused service. They provide competitive rates for members and non-members alike, with specialized programs for rural properties and first-time homebuyers. Their long history in the region ensures deep understanding of local market conditions and financing needs in areas like Brookville.
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First Mortgage Company LLC
First Mortgage Company LLC
First Mortgage Company is a Wichita-based mortgage lender with statewide reach and excellent reputation for serving Kansas homebuyers. With a 4.6-star rating from hundreds of reviews, they've built a strong track record of customer satisfaction and reliable service. They offer a wide range of loan products and are particularly known for their expertise with rural and suburban properties throughout central Kansas. Their local presence ensures personalized service and understanding of the unique aspects of financing homes in communities like Brookville, combined with the resources of an established mortgage specialist.
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Frequently Asked Questions
Common questions about mortgage lending in Brookville, KS
What are the current average mortgage rates for homebuyers in Brookville, KS?
Mortgage rates in Brookville typically align with national averages but can vary slightly based on local lenders and property types. Currently, 30-year fixed rates range between 6.5-7%, while 15-year fixed rates are around 5.75-6.25%. It's best to check with local Brookville banks and credit unions for the most accurate, personalized rates.
Are there any first-time homebuyer programs specifically available in Brookville?
Yes, Brookville homebuyers can access Kansas Housing Resources Corporation programs like First Time Homebuyer Program and Homeowner Rehab & Repair programs. These offer competitive interest rates, down payment assistance, and closing cost help for qualifying buyers in Brookville and throughout Rice County.
How does Brookville's rural location affect mortgage lending options?
Brookville's rural designation makes buyers eligible for USDA Rural Development loans, which offer 100% financing with no down payment required. This is particularly beneficial given Brookville's agricultural surroundings and can make homeownership more accessible than in urban areas.
What unique closing costs should I expect when buying a home in Brookville?
Beyond standard closing costs, Brookville homebuyers should budget for rural-specific expenses like well and septic inspections, which typically cost $400-600 combined. Additionally, title insurance and recording fees in Rice County may differ slightly from urban areas, so consult with a local real estate attorney.
How do property values in Brookville impact mortgage qualification and loan options?
With Brookville's median home prices around $120,000-$150,000, many buyers qualify for conventional loans with lower down payment requirements. The affordable market also makes FHA loans popular, as the lower loan amounts align well with Brookville's housing inventory and price points.
Why Choose a Mortgage Lender in Brookville?
Local Market Knowledge
Lenders who understand Brookville'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 Brookville and get competitive rates on your home loan.