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Burlington, KS

The Best Mortgage Lenders in Burlington, KS

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

3
Top Lenders
4.7
Avg Rating
387+
Reviews
10
Loan Types

Available Loan Programs in Burlington

Conventional
FHA
VA
USDA
Jumbo
Construction
Refinance
First-time Homebuyer
Home Equity
Home Equity Lines

Featured Mortgage Lenders

1

Emporia State Bank Mortgage Team

Emporia State Bank

★★★★☆
4.8/5

Emporia State Bank has been serving southeast Kansas communities for over a century with deep roots in the region. Their mortgage team provides personalized service with local decision-making authority, offering competitive rates and flexible terms. They're particularly strong with agricultural and rural property financing, making them an excellent choice for Burlington area residents. The bank maintains an A+ BBB rating and is known for their community involvement and long-term customer relationships.

Experience:15 years
Reviews:85 customer reviews
527 Commercial St, Emporia, KS 66801

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinance
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2

Lyon County State Bank Mortgage Department

Lyon County State Bank

★★★★☆
4.7/5

As one of the oldest financial institutions in the region, Lyon County State Bank has extensive experience serving Coffey County and surrounding areas including Burlington. Their mortgage specialists provide comprehensive guidance through the entire home financing process with local underwriting and quick turnaround times. They excel at first-time homebuyer programs and offer competitive construction-to-permanent loans, which is valuable in rural markets. The bank is known for their personalized approach and deep understanding of local property values.

Experience:12 years
Reviews:92 customer reviews
200 Merchant St, Emporia, KS 66801

Loan Types:

ConventionalFHAVAUSDAFirst-time HomebuyerRefinanceHome Equity
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3

Capitol Federal Savings Bank

Capitol Federal Savings

★★★★☆
4.6/5

Capitol Federal has been serving Kansas communities for over 125 years with a strong presence throughout eastern Kansas. While based in Topeka, they actively serve the Burlington area with competitive mortgage products and excellent customer service ratings. They're particularly known for their straightforward lending process, competitive interest rates, and extensive experience with both purchase and refinance transactions. As a mutual institution, they prioritize customer needs over shareholder profits, resulting in consistently high satisfaction ratings from Kansas homebuyers.

Experience:20 years
Reviews:210 customer reviews
700 S Kansas Ave, Topeka, KS 66603

Loan Types:

ConventionalFHAVAJumboRefinanceHome Equity Lines
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Frequently Asked Questions

Common questions about mortgage lending in Burlington, KS

What are the current average mortgage rates for homebuyers in Burlington, KS?

Mortgage rates in Burlington 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 trends, 30-year fixed rates often range between 6.5% and 7%, but working with a local lender who understands Coffey County's market can help secure competitive terms. It's wise to get multiple quotes from both local banks and credit unions for the best rate.

Are there any first-time homebuyer programs specifically available in Burlington?

Yes, Burlington homebuyers can access the "First Time Home Buyer Grant" program offered by the Coffey County Housing Authority, which provides down payment assistance to qualified applicants. Additionally, the statewide Kansas Housing Resources Corporation (KHRC) offers programs like First Time Homebuyer Program with competitive interest rates and down payment assistance. These programs are particularly valuable given Burlington's affordable housing market.

How does Burlington's rural location affect mortgage lending requirements?

Burlington's rural designation makes some buyers eligible for USDA Rural Development loans, which offer 100% financing with no down payment required. Local lenders are familiar with these programs and can guide buyers through the property eligibility requirements specific to Coffey County. However, appraisals might take slightly longer than in urban areas due to fewer local appraisers.

What unique closing costs should I expect when buying a home in Burlington?

Beyond standard closing costs, Burlington homebuyers should budget for title insurance specific to Kansas requirements and potential septic system inspections, which are common with rural properties. Coffey County also has modest recording fees and transfer taxes that are typically lower than urban areas. Your local lender can provide a detailed estimate accounting for these county-specific items.

How do property values in Burlington affect loan-to-value ratios and PMI requirements?

With Burlington's median home prices around $120,000-$150,000, many buyers can avoid PMI by making a 20% down payment of $24,000-$30,000. The stable but slowly appreciating market means appraisals generally align with purchase prices, helping maintain favorable loan-to-value ratios. Local lenders understand these market dynamics and can advise on the best financing approach for Burlington's affordable housing inventory.

Mortgage Insights

Finding Your Guide: Why a Local Mortgage Agent is Key to Buying a Home in Burlington, KS

Searching for "mortgage agents near me" in Burlington, Kansas, is more than just finding a loan officer. It's about finding a local partner who understands the unique rhythms of our Coffey County real estate market. For homebuyers here, this local expertise isn't just a nice-to-have; it's a practical advantage that can smooth your path to homeownership.

Burlington’s housing market offers a appealing mix of historic charm, spacious properties, and community-focused living. A mortgage agent based in or deeply familiar with this area brings critical insight. They understand the valuation nuances of a century-old home downtown versus a newer build on the outskirts, and they know the local lenders and appraisers who work regularly in our market. This can prevent surprises during the appraisal process and help set realistic expectations from the start.

When you connect with a local agent, you gain an advocate who can navigate Kansas-specific programs that could save you money. A top tip for Burlington buyers is to ask any agent you interview about the Kansas Housing Resources Corporation (KHRC) programs. KHRC offers down payment assistance and first-time homebuyer loans with competitive rates, which can be a game-changer. A knowledgeable local agent will be well-versed in these options and can help you determine if you qualify for programs like "First Time Homebuyer Program" or the "Kansas Hero" loan for veterans, teachers, and first responders.

Furthermore, a local professional understands the financial landscape of our community. They can advise on how factors like septic and well inspections (common in more rural parts of Coffey County) might affect your transaction timeline or costs. They’ll also be a valuable resource for recommending trusted local home inspectors, title companies, and insurance agents, creating a seamless support team right here in Burlington.

Your actionable first step? Don't just search online—ask for referrals. Talk to your real estate agent, friends, family, or colleagues who have recently purchased a home in the area. Personal recommendations in a close-knit community like Burlington are gold. When you meet with a potential mortgage agent, come prepared with questions: "How many loans have you closed in Coffey County in the last year?" "Which Kansas down payment assistance programs are your clients using successfully?" "Can you walk me through the typical timeline from contract to closing in our local market?"

Ultimately, your Burlington mortgage agent should feel like a knowledgeable neighbor, guiding you through one of life's biggest financial decisions with a clear understanding of our local terrain. By choosing a professional who is invested in this community, you're not just getting a loan; you're gaining a partner who will help you plant roots wisely in the heart of Kansas.

Nearby Cities

Explore mortgage lenders in cities near Burlington, KS

Why Choose a Mortgage Lender in Burlington?

Local Market Knowledge

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