The Best Mortgage Lenders in De Soto, KS
Compare verified mortgage lenders serving De Soto, Kansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in De Soto
Featured Mortgage Lenders
CrossCountry Mortgage, LLC
CrossCountry Mortgage, LLC
CrossCountry Mortgage is a highly-rated national lender with a strong local presence in the Kansas City metro area serving De Soto homebuyers. They maintain exceptional 4.9-star ratings across multiple review platforms with particular praise for their personalized service, competitive rates, and efficient loan processing. Their local team has extensive experience with Johnson County real estate markets and offers comprehensive mortgage solutions including specialized programs for first-time homebuyers and veterans.
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Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage has built an outstanding reputation in the Kansas City region with numerous local awards and high customer satisfaction ratings. They serve De Soto residents with a comprehensive range of loan products and are particularly noted for their competitive rates and exceptional customer service. The local branch has experienced loan officers who understand the specific needs of Johnson County homebuyers and provide personalized guidance throughout the mortgage process.
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CommunityAmerica Credit Union
CommunityAmerica Credit Union
As one of the largest credit unions in the Kansas City area, CommunityAmerica has deep roots serving Johnson County communities including De Soto. They offer competitive mortgage rates to members and maintain excellent customer satisfaction ratings. Their local presence and community-focused approach make them a trusted choice for home loans, with particular strengths in first-time homebuyer programs and personalized service from local mortgage specialists who understand the De Soto market.
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Frequently Asked Questions
Common questions about mortgage lending in De Soto, KS
What are the current mortgage rates like in De Soto, KS?
Mortgage rates in De Soto typically align with national averages but can be influenced by local market conditions. Currently, rates for 30-year fixed mortgages in the area range from 6.5% to 7.25%, though this varies by lender and borrower qualifications. It's wise to compare rates from multiple local lenders as competition can lead to better terms.
Are there any first-time homebuyer programs specific to De Soto?
Yes, De Soto homebuyers can access Kansas Housing Resources Corporation programs like First Time Homebuyer Program and Homeowner Rehab & Purchase Program. These programs offer competitive interest rates, down payment assistance, and closing cost help for qualifying buyers. Additionally, some Johnson County-specific programs may provide additional support for De Soto residents.
How does De Soto's growth and the Panasonic factory development affect mortgage lending?
The Panasonic facility and ongoing development have increased property values and demand in De Soto, which can impact lending requirements. Lenders may be more willing to approve mortgages given the area's economic growth, but may also require stronger financial profiles due to rising home prices. This growth has also led to increased appraisal scrutiny to ensure property values align with market changes.
What special considerations should I know about property taxes for De Soto mortgages?
De Soto has Johnson County property tax rates that typically range from 1.3% to 1.5% of assessed value, which lenders factor into your debt-to-income ratio. With recent development and infrastructure improvements, property taxes have been gradually increasing, so it's important to budget for potential tax hikes. Your lender will help calculate accurate escrow payments based on current tax rates.
Are there any local down payment assistance programs for De Soto homebuyers?
Yes, through Kansas Housing's Down Payment Assistance program, eligible De Soto buyers can receive up to $15,000 in a second mortgage at 0% interest. Johnson County also offers some targeted assistance programs, and local lenders often have relationships with community development organizations that provide additional support. These programs are particularly valuable given De Soto's rising home prices.
Nearby Cities
Explore mortgage lenders in cities near De Soto, KS
Why Choose a Mortgage Lender in De Soto?
Local Market Knowledge
Lenders who understand De Soto'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 De Soto and get competitive rates on your home loan.