The Best Mortgage Lenders in Burrton, KS
Compare verified mortgage lenders serving Burrton, Kansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Burrton
Featured Mortgage Lenders
NBKC Bank
NBKC Bank
NBKC Bank is a highly-rated mortgage lender known for its competitive rates and exceptional customer service. Founded in 1999, it has built a strong reputation in Kansas and beyond, offering a wide range of loan products with transparent processes. Customers praise its efficient online application and responsive support team, making it a top choice for homebuyers in Burrton and surrounding areas. Its commitment to low fees and community involvement further solidifies its standing as a reliable lender.
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Guaranteed Rate
Guaranteed Rate
Guaranteed Rate is a nationally recognized mortgage lender with a strong local presence in Kansas, serving Burrton residents with innovative digital tools and personalized service. Founded in 2000, it excels in providing competitive rates and a streamlined application process, earning high marks for customer satisfaction. Its extensive loan options and dedicated local agents ensure tailored solutions for various home financing needs, backed by decades of industry expertise.
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New American Funding
New American Funding
New American Funding is a top-rated mortgage lender praised for its inclusive lending practices and exceptional customer care. Since its founding in 2003, it has grown to serve Kansas communities like Burrton with a focus on diverse loan programs and competitive rates. Reviews highlight its responsive team and efficient closing processes, making it a trusted partner for first-time homebuyers and investors alike. Its commitment to education and community support enhances its reliability and local impact.
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Frequently Asked Questions
Common questions about mortgage lending in Burrton, KS
What are the current average mortgage rates for homebuyers in Burrton, Kansas?
Mortgage rates in Burrton typically align with national averages but can vary slightly based on local lender competition. As of 2024, you can expect conventional 30-year fixed rates around 6.5-7% in the Burrton area. It's recommended to compare rates from local Kansas lenders like Central National Bank or Emprise Bank who understand the Harvey County market.
Are there any first-time homebuyer programs specifically available in Burrton?
Yes, Burrton homebuyers can access the Kansas Housing Resources Corporation's First Time Homebuyer Program, which offers competitive interest rates and down payment assistance. Additionally, the Harvey County area may have local grants or programs - check with the Burrton City Hall about any community-specific housing initiatives for low-to-moderate income buyers.
How does Burrton's rural location affect the mortgage process?
Burrton's rural setting can impact appraisals since comparable properties may be limited, potentially requiring appraisers to look at nearby towns like Halstead or Hutchinson. Some lenders might have specific requirements for rural properties, particularly if the home is on well and septic systems rather than city utilities, which could require additional inspections.
What types of properties are most common in Burrton's mortgage market?
Burrton's mortgage market primarily consists of single-family homes, many of which are older properties built before 1980, and agricultural or large-lot properties. You'll find many modest-sized homes under $150,000, making FHA and USDA loans popular choices given the town's rural designation and affordable price points.
Are USDA loans available in Burrton, and what are the benefits?
Yes, Burrton qualifies for USDA Rural Development loans due to its population under 10,000. These loans offer significant advantages including 100% financing (no down payment required), competitive interest rates, and more flexible credit requirements - making them ideal for Burrton's moderate-income buyers purchasing primary residences.
Why Choose a Mortgage Lender in Burrton?
Local Market Knowledge
Lenders who understand Burrton'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 Burrton and get competitive rates on your home loan.