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Cheney, KS

The Best Mortgage Lenders in Cheney, KS

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

3
Top Lenders
4.7
Avg Rating
850+
Reviews
9
Loan Types

Available Loan Programs in Cheney

Conventional
FHA
VA
Jumbo
Refinance
Construction
USDA
First-Time Homebuyer
Renovation

Featured Mortgage Lenders

1

NBKC Bank

NBKC Bank

★★★★☆
4.8/5

NBKC Bank is a highly-rated mortgage lender known for its competitive rates and exceptional customer service, particularly in the Kansas region. Founded in 1999, it has built a strong reputation for transparency and efficiency, with numerous positive reviews highlighting smooth processes and low fees. As a direct lender, NBKC offers a wide range of loan products and serves Cheney through its regional presence, making it a top choice for homebuyers seeking reliability and local expertise.

Experience:25 years
Reviews:350 customer reviews
8320 Ward Parkway, Kansas City, MO 64114

Loan Types:

ConventionalFHAVAJumboRefinanceConstruction
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2

CrossCountry Mortgage

CrossCountry Mortgage, LLC

★★★★☆
4.7/5

CrossCountry Mortgage is a nationally recognized lender with a strong local presence in Wichita, serving Cheney and surrounding areas. Founded in 2003, it boasts high customer satisfaction ratings due to personalized service, competitive rates, and a comprehensive suite of loan options. Reviews often praise their responsive loan officers and streamlined application process, making them a trusted option for borrowers in rural and suburban Kansas communities.

Experience:21 years
Reviews:280 customer reviews
124 N Market St, Wichita, KS 67202

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceFirst-Time Homebuyer
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3

Fairway Independent Mortgage Corporation

Fairway Independent Mortgage Corporation

★★★★☆
4.6/5

Fairway Independent Mortgage Corporation has been a staple in the mortgage industry since 1996, with a dedicated branch in Wichita that actively serves Cheney residents. Known for its community involvement and customer-centric approach, Fairway receives high marks for its knowledgeable staff and flexible loan solutions. Customers frequently highlight the company's ability to handle complex cases and provide timely closings, solidifying its status as a top regional lender for Kansas homebuyers.

Experience:28 years
Reviews:220 customer reviews
124 N Market St, Wichita, KS 67202

Loan Types:

ConventionalFHAVAUSDARefinanceConstructionRenovation
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Frequently Asked Questions

Common questions about mortgage lending in Cheney, KS

What are the current mortgage rates like for homes in Cheney, KS?

Mortgage rates in Cheney typically align with national averages but can be influenced by local lender competition and property types common in the area. Currently, rates for 30-year fixed mortgages in Cheney range from 6.5% to 7.2%, though rural properties might see slightly higher rates. It's best to check with local Cheney lenders like Equity Bank or South Central Kansas Economic Development District for the most accurate, personalized rates.

Are there any first-time homebuyer programs specific to Cheney, KS?

Yes, Cheney homebuyers can access Kansas Housing Resources Corporation programs like First Time Homebuyer Program and Homeowner Rehab & Repair programs. Additionally, the South Central Kansas Economic Development District offers down payment assistance specifically for residents in Sedgwick County, which includes Cheney. These programs often feature below-market interest rates and grant opportunities for qualified buyers.

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

Cheney's rural character 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 more stringent property inspections due to older housing stock and well/septic systems common in the area. Appraisals might also take longer due to fewer comparable sales in this smaller market.

What special considerations should I know about when getting a mortgage for a Cheney home with acreage?

Properties with significant acreage in the Cheney area often require specialized lending approaches, as many conventional lenders have restrictions on land size. You'll likely need to work with agricultural lenders or local banks familiar with rural properties, and be prepared for higher down payment requirements (often 20-30%) for larger parcels. The appraisal process will also be more complex, factoring in land value and potential agricultural use.

Are there any local Cheney programs to help with down payments or closing costs?

While Cheney itself doesn't offer city-specific programs, residents can access Sedgwick County's down payment assistance programs and Kansas Housing's programs that provide up to $15,000 in down payment help. Local Cheney lenders often have relationships with these programs and may offer lender-paid closing cost options. First-time buyers should particularly explore the "Kansas Heroes" program if they work in specific essential service fields.

Mortgage Insights

Finding Your Perfect Mortgage Lender in Cheney, Kansas

Searching for a "mortgage lender near me" in Cheney, Kansas, is about more than just convenience; it's about finding a financial partner who understands the unique rhythm of our local market. Cheney offers a compelling blend of small-town charm and easy access to Wichita, creating a housing landscape with its own specific opportunities and considerations. Partnering with a local lender who gets this dynamic can make all the difference in your homebuying journey.

In Cheney's market, where you might be considering a spacious property with land or a cozy home closer to the lake, a local lender provides invaluable insight. They have firsthand knowledge of property values in different parts of town and the surrounding county. They understand what appraisers in our area are looking for, which is crucial whether you're buying a classic farmhouse or a new build. A lender based in or familiar with Sedgwick County can move quickly, often with more personalized service, ensuring your offer is as strong as possible when you find the right home.

For Kansas homebuyers, there are excellent state-specific programs to explore with your lender. A standout option is the Kansas Housing Resources Corporation (KHRC) First Time Homebuyer Program. This program offers competitive interest rates and down payment assistance for eligible buyers, which can be a game-changer. A local mortgage professional will be well-versed in these programs and can guide you through the eligibility requirements, helping you tap into resources that out-of-state online lenders might overlook.

Your actionable first step is to think beyond a simple online search. Ask for recommendations from your local real estate agent, who works with lenders daily and knows who provides smooth closings. Visit community banks and credit unions in Cheney and the surrounding area, like those in nearby Kingman or Goddard. These institutions often have a deep commitment to the community and may offer portfolio loans with more flexible terms for unique properties that don't fit a "cookie-cutter" mold.

When you interview potential lenders, come prepared with questions specific to your Cheney purchase. Ask them: "How familiar are you with appraisals in the Cheney school district?" or "Can you walk me through the KHRC programs I might qualify for?" Their answers will tell you a lot about their local expertise.

Ultimately, finding the right mortgage lender near you in Cheney is about building a relationship with a trusted advisor. They should help you navigate not just the numbers, but the nuances of buying a home in our special corner of Kansas. By choosing someone locally invested, you secure more than just a loan; you gain a partner who is committed to helping you plant roots in our community.

Nearby Cities

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Why Choose a Mortgage Lender in Cheney?

Local Market Knowledge

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