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Cambridge, KS

The Best Mortgage Lenders in Cambridge, KS

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

3
Top Lenders
4.7
Avg Rating
300+
Reviews
11
Loan Types

Available Loan Programs in Cambridge

Conventional
FHA
VA
USDA
Jumbo
Construction
Refinance
First-time Homebuyer
Home Equity
Construction-to-Permanent
Lot Loans

Featured Mortgage Lenders

1

Mortgage Department

Community National Bank & Trust

★★★★☆
4.8/5

Community National Bank & Trust is a highly-rated regional bank with deep roots in Southeast Kansas, serving Cambridge and surrounding communities for over 135 years. Their mortgage department receives exceptional reviews for personalized service, local underwriting decisions, and competitive rates. As a community-focused institution, they offer a comprehensive range of loan products with the advantage of local decision-making and relationship-based lending. Their experienced loan officers understand the unique needs of rural Kansas homebuyers and have built a strong reputation for reliability and customer satisfaction throughout the region.

Experience:15 years
Reviews:85 customer reviews
201 S National Ave, Fort Scott, KS 66701

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinance
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2

Mortgage Services

Equity Bank

★★★★☆
4.7/5

Equity Bank has established itself as a premier mortgage lender in Southeast Kansas with multiple branches serving the Cambridge area. They receive consistently high marks for their responsive customer service, competitive rates, and streamlined application process. Their mortgage team specializes in rural and small-town lending, offering USDA loans that are particularly beneficial for Cambridge area homebuyers. With local loan officers who understand the regional market and strong digital capabilities, Equity Bank provides both personalized service and modern convenience to mortgage customers throughout their service area.

Experience:12 years
Reviews:120 customer reviews
201 W Madison Ave, Iola, KS 66749

Loan Types:

ConventionalFHAVAUSDAFirst-time HomebuyerRefinanceHome Equity
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3

Home Loan Center

Emprise Bank

★★★★☆
4.6/5

Emprise Bank brings over a century of banking experience to the Cambridge area with their strong regional presence in Southeast Kansas. Their mortgage division is particularly noted for expertise in construction lending and rural property financing, making them an excellent choice for Cambridge residents. Customers consistently praise their knowledgeable loan officers, transparent communication, and efficient closing processes. As a Kansas-based institution, they have deep understanding of local property values and market conditions, providing valuable guidance to homebuyers throughout the mortgage process from application to closing.

Experience:18 years
Reviews:95 customer reviews
100 E Madison Ave, Iola, KS 66749

Loan Types:

ConventionalFHAVAConstruction-to-PermanentLot LoansRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Cambridge, KS

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

Mortgage rates in Cambridge 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 data, 30-year fixed rates generally range from 6.5% to 7.25%, but working with a local lender who understands the Cambridge market can help secure competitive terms. Rates can vary based on property type and loan-to-value ratio.

Are there any first-time homebuyer programs specifically available in Cambridge, KS?

Yes, Cambridge homebuyers can access Kansas Housing Resources Corporation programs like First Time Homebuyer Program and Homeowner Rehab & Repair Program, which offer competitive interest rates and down payment assistance. These programs are particularly valuable in Cambridge where median home prices remain affordable compared to urban areas. Local lenders can also guide buyers toward USDA rural development loans, which are widely available in this region.

How does Cambridge's rural location affect mortgage options and requirements?

Cambridge's designation as a rural community makes many properties eligible for USDA loans, which offer 100% financing with no down payment requirement. This is particularly advantageous given the area's agricultural surroundings and smaller population. Conventional loans may require more stringent property condition requirements since rural appraisals can be more complex than in urban areas.

What unique closing costs should Cambridge homebuyers anticipate?

Cambridge homebuyers should budget for typical Kansas closing costs including title insurance, recording fees, and lender fees, which typically range from 2-5% of the home's price. Unique to the area might be additional well and septic inspections for rural properties, and potentially higher survey costs due to larger land parcels common in the Cambridge area.

How does the Cambridge real estate market affect mortgage approval and home values?

Cambridge's stable but slower-moving real estate market means appraisals can be challenging due to fewer comparable sales, which may require appraisers to look at nearby communities. The area's affordable housing prices (typically $100,000-$200,000 range) mean lower loan amounts, which can sometimes affect lender options but generally make homeownership more accessible to moderate-income buyers.

Mortgage Insights

Finding Your Perfect Home Loan Partner in Cambridge, KS

Searching for "house lenders near me" in Cambridge, Kansas, is about more than just convenience. It's about finding a financial partner who understands the unique rhythm of our local market and can guide you through a home purchase with genuine local insight. While Cambridge offers a peaceful, small-town lifestyle with a strong sense of community, navigating your mortgage options requires a strategy tailored to this specific area.

The Cambridge housing market, like many in rural Kansas, presents a distinct landscape. You might find charming historic homes, newer builds on spacious lots, or more affordable fixer-uppers. Inventory can sometimes be limited, meaning when you find the right property, you need a lender who can move efficiently. A local or regional lender familiar with appraisals in Harper County can be invaluable. They understand the true comparative value of a home on a quiet street here versus a property in a larger city, ensuring the appraisal process supports your offer and timeline.

When starting your search for lenders, think beyond the big national names. Strong community banks and local credit unions, like those in nearby Wichita or even right in Harper County, often have deep roots here. Their loan officers live in the area and have a vested interest in helping neighbors achieve homeownership. They may offer more personalized service and flexibility in underwriting, which can be crucial if you're self-employed, a farmer, or have a unique financial picture. Don't hesitate to visit in person or call; that personal connection can make a complex process feel much smoother.

As a Kansas homebuyer, you also have access to special programs designed to make homeownership more attainable. The Kansas Housing Resources Corporation (KHRC) offers down payment assistance programs and first-time homebuyer loans with competitive rates. These programs can be a game-changer, especially when combined with a USDA Rural Development loan, which is highly relevant for Cambridge. USDA loans offer 100% financing (no down payment) for eligible borrowers in qualified rural areas, and Cambridge certainly fits the bill. A knowledgeable local lender will be well-versed in these specific Kansas and federal programs and can help you see if you qualify.

Your actionable plan starts here. First, get pre-approved by at least two different types of lenders—perhaps a local community bank and a lender specializing in USDA/KHRC programs. This pre-approval not only clarifies your budget but makes you a serious buyer in a competitive situation. Second, ask every lender you speak with these key questions: "What is your experience with USDA loans and Kansas state programs?" and "Can you provide references from recent homebuyers in Harper County?" Their answers will tell you everything you need to know about their local expertise.

Finding the right house lender in Cambridge is about partnership. By choosing someone who knows the lay of the land—both financially and literally—you secure more than just a loan; you gain a trusted advisor for one of life's most important investments right here in our community.

Nearby Cities

Explore mortgage lenders in cities near Cambridge, KS

Why Choose a Mortgage Lender in Cambridge?

Local Market Knowledge

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