The Best Mortgage Lenders in Centerville, KS
Compare verified mortgage lenders serving Centerville, Kansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Centerville
Featured Mortgage Lenders
Fairway Independent Mortgage
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage is a top-rated lender known for its exceptional customer service and competitive rates. With over 28 years in business, they have a strong presence in Kansas and serve Centerville through local loan officers. They are highly regarded for their efficient processing, personalized approach, and wide range of loan options, earning numerous industry awards and high customer satisfaction scores. Their team specializes in first-time homebuyer programs and offers digital tools for a seamless mortgage experience.
Loan Types:
New American Funding
New American Funding
New American Funding is a highly-rated mortgage lender with a strong reputation for diversity and inclusion, offering tailored solutions for Centerville residents. Founded in 2003, they provide competitive rates and a variety of loan products, including specialized programs for low-to-moderate income borrowers. Their local Kansas team ensures personalized service, and they are praised for their responsive communication and efficient closing processes. With a focus on community engagement and customer education, they maintain high review scores and reliability.
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Supreme Lending
Supreme Lending
Supreme Lending is a reputable mortgage company with over 25 years of experience, serving Centerville and surrounding areas with a commitment to transparency and customer care. They offer a comprehensive suite of loan options and are known for their competitive rates and flexible terms. Their local Kansas office provides dedicated support, and they have consistently high ratings for their streamlined application process and knowledgeable loan officers. Supreme Lending emphasizes building long-term relationships and has a track record of successful closings in rural and suburban communities.
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Frequently Asked Questions
Common questions about mortgage lending in Centerville, KS
What are the current average mortgage rates for homebuyers in Centerville, KS?
Mortgage rates in Centerville 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 hover around 6.5-7%, but working with local lenders who understand the Dickinson County market can help you secure competitive terms. It's wise to compare rates from both local banks and credit unions in the Centerville area.
Are there any first-time homebuyer programs specifically available in Centerville?
Yes, first-time homebuyers in Centerville may qualify for Kansas Housing Resources Corporation programs like the First Time Homebuyer Program, which offers competitive interest rates and down payment assistance. Additionally, local lenders sometimes partner with community development programs that provide grants for closing costs specifically for Dickinson County residents. These programs can be particularly valuable given Centerville's affordable housing market.
How does Centerville's rural location affect mortgage lending requirements?
Centerville's rural designation can work to your advantage through USDA Rural Development loans, which offer 100% financing with no down payment required for eligible properties and borrowers. However, some conventional lenders may require additional documentation or higher credit scores due to the smaller local market. Working with lenders experienced in rural Kansas properties will help navigate these specific requirements.
What unique closing costs should I expect when buying a home in Centerville?
Beyond standard closing costs, Centerville homebuyers should budget for Dickinson County-specific fees including title insurance rates that reflect local practices, county recording fees, and potentially well or septic inspections given the rural nature of many properties. Some properties may also require additional surveys or land assessments that are less common in urban areas.
How does Centerville's stable but slow-growing housing market impact mortgage approval and appraisals?
Centerville's steady housing market means appraisals tend to be straightforward using comparable sales from nearby communities like Abilene and Chapman. However, lenders may be more cautious with unique or higher-value properties due to limited recent sales data. The market's stability generally works in buyers' favor for mortgage approval, as lenders see less risk of value fluctuations.
Why Choose a Mortgage Lender in Centerville?
Local Market Knowledge
Lenders who understand Centerville'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 Centerville and get competitive rates on your home loan.