The Best Mortgage Lenders in Danville, KS
Compare verified mortgage lenders serving Danville, Kansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Danville
Featured Mortgage Lenders
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is a top-rated lender with a strong presence in Kansas, known for exceptional customer service and competitive rates. With nearly three decades of experience, they specialize in a wide range of loan products and have a dedicated team in Wichita that serves the Danville area. Their high ratings reflect a commitment to transparency, quick closings, and personalized support, making them a trusted choice for homebuyers in regional communities.
Loan Types:
Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a highly regarded lender with a focus on community engagement and efficient loan processing. Founded in 2008, they have built a reputation for reliability and customer satisfaction, offering various loan options tailored to individual needs. Their Wichita branch actively serves Danville and surrounding areas, with positive reviews highlighting their responsive service and competitive rates, ensuring a smooth mortgage experience for homebuyers.
Loan Types:
New American Funding
New American Funding
New American Funding is a reputable lender with over two decades of experience, offering diverse mortgage solutions and a strong emphasis on customer care. They have a local office in Wichita that extends services to Danville, providing competitive rates and flexible terms. Known for their inclusive lending practices and high customer satisfaction scores, they are a solid choice for borrowers seeking reliable and accessible mortgage options in the region.
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Frequently Asked Questions
Common questions about mortgage lending in Danville, KS
What are the current average mortgage rates for homebuyers in Danville, KS?
Mortgage rates in Danville typically align with national averages but can vary based on local lender competition and property types. As of recent data, 30-year fixed rates in the area generally range between 6.5-7%, though rural properties might see slightly higher rates. It's best to check with local Danville lenders like Community National Bank or regional credit unions for the most current offers.
Are there any first-time homebuyer programs specifically available in Danville?
Yes, Danville homebuyers can access the Kansas Housing Resources Corporation's first-time homebuyer programs, which offer down payment assistance and competitive interest rates. Additionally, some local lenders may offer special programs for public service employees or teachers in the Danville area. These programs can be particularly valuable given Danville's affordable housing market.
How does Danville's rural location affect the mortgage approval process?
Danville's rural classification can impact appraisals and property eligibility for certain loan programs. USDA loans are particularly advantageous here since most of Danville qualifies for USDA rural development loans, which offer 100% financing. However, lenders may require additional documentation for properties with well and septic systems, which are common in the area.
What types of properties are most common for mortgage financing in Danville?
Danville primarily features single-family homes, manufactured homes on permanent foundations, and agricultural properties. Traditional mortgages work well for standard homes, while manufactured homes may require specialized lenders. Farm properties often need agricultural-specific financing through lenders familiar with Kansas land values and farming operations.
Are property taxes in Danville typically included in mortgage escrow accounts?
Yes, most Danville lenders include property taxes in escrow accounts, with Osage County property taxes averaging around 1.2-1.5% of home value. Given Danville's modest home prices, this typically results in manageable monthly escrow payments. Lenders familiar with Osage County tax assessments can provide accurate estimates during the pre-approval process.
Why Choose a Mortgage Lender in Danville?
Local Market Knowledge
Lenders who understand Danville'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 Danville and get competitive rates on your home loan.