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Coffeyville, KS

The Best Mortgage Lenders in Coffeyville, KS

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

3
Top Lenders
4.7
Avg Rating
440+
Reviews
9
Loan Types

Available Loan Programs in Coffeyville

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

Featured Mortgage Lenders

1

Labette Bank Mortgage Team

Labette Bank

★★★★☆
4.8/5

Labette Bank stands as the premier local mortgage lender in Coffeyville with over 120 years of community banking experience. As a hometown financial institution deeply embedded in Southeast Kansas, they offer personalized service and deep local market knowledge. Their mortgage team provides competitive rates with flexible underwriting and specializes in first-time homebuyer programs, agricultural property financing, and local construction loans. The bank's long-standing reputation for reliability and exceptional customer service makes them the top choice for Coffeyville residents seeking mortgage solutions.

Experience:25 years
Reviews:85 customer reviews
411 Broadway St, Coffeyville, KS 67337

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinance
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2

Arvest Bank Mortgage Division

Arvest Bank

★★★★☆
4.6/5

Arvest Bank maintains a strong physical presence in Coffeyville with a dedicated mortgage team serving Southeast Kansas. With regional headquarters in nearby Tulsa, they combine local decision-making with the resources of a multi-state financial institution. Their mortgage specialists excel at navigating rural property financing and offer specialized programs for agricultural communities. Arvest is particularly noted for their streamlined digital mortgage application process combined with in-person service, competitive rate locks, and expertise in both primary residence and investment property financing throughout Montgomery County.

Experience:20 years
Reviews:210 customer reviews
101 W 8th St, Coffeyville, KS 67337

Loan Types:

ConventionalFHAVAUSDARefinanceHome EquityConstruction
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3

Academy Mortgage Corp - Independence

Academy Mortgage Corporation

★★★★☆
4.7/5

Academy Mortgage's Independence office serves as a top-rated mortgage brokerage for Coffeyville residents, located just 15 miles away. With over 30 years in business nationally, their local team brings extensive experience with Montgomery County real estate transactions. They specialize in finding competitive rates from multiple wholesale lenders and excel at complex financing scenarios including self-employed borrowers and unique property types. Their strong reputation stems from exceptional communication throughout the loan process, flexible underwriting approaches, and expertise in both rural development loans and conventional financing options for Southeast Kansas homebuyers.

Experience:15 years
Reviews:145 customer reviews
201 S Penn Ave, Independence, KS 67301

Loan Types:

ConventionalFHAVAUSDAJumboFirst-time HomebuyerRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Coffeyville, KS

What are the current average mortgage rates in Coffeyville, KS, and how do they compare to national averages?

Mortgage rates in Coffeyville typically align closely with national averages, though local lenders may offer competitive rates due to the smaller market. As of recent data, rates for a 30-year fixed mortgage in Coffeyville hover around 6.5-7%, similar to national trends. It's wise to compare offers from local credit unions like Community National Bank & Trust, which sometimes provide slightly better terms for residents.

Are there any first-time homebuyer programs specific to Coffeyville that can help with down payments?

Yes, Coffeyville homebuyers can access the "Kansas Housing Resources Corporation" (KHRC) programs, which offer down payment assistance and affordable first mortgages statewide. Additionally, local lenders may have partnerships with city initiatives aimed at revitalizing neighborhoods, providing grants or low-interest loans for qualified buyers purchasing in designated areas of Coffeyville.

How does Coffeyville's lower cost of living impact mortgage qualification and affordability?

Coffeyville's below-average home prices—median around $80,000—mean lower mortgage amounts, making qualification easier for many buyers. This affordability allows residents to often secure mortgages with lower income levels compared to larger Kansas cities. However, lenders still evaluate debt-to-income ratios carefully, so it's beneficial to work with a local expert familiar with Coffeyville's economic context.

What should I know about property taxes and insurance when getting a mortgage in Coffeyville?

Montgomery County property taxes in Coffeyville are moderate, averaging about 1.4% of assessed value, which influences your monthly escrow payments. Homeowners insurance is generally affordable but can be affected by regional factors like flood plains near the Verdigris River. Your lender will help estimate these costs to ensure your mortgage payment is accurately budgeted.

Are there special mortgage considerations for buying historic homes in Coffeyville?

Yes, Coffeyville has numerous historic properties, and financing them may require a specialized appraisal and potentially higher insurance costs. Lenders might scrutinize the condition of older homes more closely, so consider renovation loans like the FHA 203(k) if updates are needed. Local preservation guidelines don’t directly impact mortgages, but they can affect long-term maintenance expenses.

Mortgage Insights

Finding Your Perfect Fit: A Guide to Local Mortgage Lenders in Coffeyville, KS

Searching for "local mortgage lenders near me" in Coffeyville is more than just finding a convenient office location. It’s about partnering with a professional who understands the unique rhythm of our local housing market and can guide you through one of life’s biggest financial decisions with a neighborly touch. In a community like ours, where relationships matter, choosing a lender with local roots can make your homebuying journey smoother and more successful.

Coffeyville’s housing market offers incredible value, with a mix of charming historic homes and newer constructions often at prices that surprise buyers from larger cities. A local lender understands this value proposition intimately. They can accurately appraise properties in specific neighborhoods, from the streets near Coffeyville Community College to the quiet blocks along the Verdigris River. They know which factors truly affect home values here, something an out-of-town online lender might miss. This local expertise is crucial for getting your loan approved without unnecessary hiccups.

When you sit down with a mortgage professional in Coffeyville, you gain access to specific programs and insights tailored for Kansans. Be sure to ask about the Kansas Housing Resources Corporation (KHRC) programs. KHRC offers down payment assistance and competitive first-time homebuyer loans, which can be a game-changer for qualifying buyers. A local lender will be well-versed in these state-specific opportunities and can help you determine if you’re eligible. They’ll also understand the nuances of rural or small-town lending, which can differ from programs in metropolitan Kansas City.

Your actionable first step is to shift your search from generic online forms to personal connections. Start by asking your local real estate agent for their trusted lender recommendations—they see who closes deals reliably every day. Then, visit or call two or three local institutions. This could include community banks, credit unions like Condon & Associates Credit Union, and regional lenders with a physical presence in Montgomery County. Prepare a list of questions: Do you underwrite loans locally? What Kansas-specific programs do you recommend? Can you share your experience with appraisals in Coffeyville?

Finally, remember that service is paramount. A local lender is accountable to you as a fellow community member. They’re available to meet in person to clarify documents, they understand local employment patterns, and their goal is to structure a loan that not only gets you into a house but sets you up for long-term stability in Coffeyville. By investing time in finding the right local mortgage partner, you’re not just securing a loan; you’re building a relationship that supports your dream of homeownership right here in Southeast Kansas.

Nearby Cities

Explore mortgage lenders in cities near Coffeyville, KS

Why Choose a Mortgage Lender in Coffeyville?

Local Market Knowledge

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