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Downs, KS

The Best Mortgage Lenders in Downs, KS

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

3
Top Lenders
4.6
Avg Rating
473+
Reviews
8
Loan Types

Available Loan Programs in Downs

Conventional
FHA
VA
USDA
Jumbo
Refinance
ARM
Reverse Mortgages

Featured Mortgage Lenders

1

Fairway Independent Mortgage Corporation - Hays

Fairway Independent Mortgage Corporation

★★★★☆
4.7/5

Fairway Independent Mortgage Corporation is a top-rated lender with a strong local presence in Hays, serving the Downs area with exceptional customer service and competitive rates. Known for its extensive loan options and efficient processing, Fairway has built a reputation for reliability and high customer satisfaction, backed by nearly three decades of experience and an A+ BBB rating.

Experience:28 years
Reviews:182 customer reviews
2700 Vine St, Hays, KS 67601

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

Guaranteed Rate - Wichita

Guaranteed Rate, Inc.

★★★★☆
4.6/5

Guaranteed Rate is a highly reputable national lender with a dedicated Wichita office that serves Downs and surrounding areas. It offers a digital-friendly mortgage experience with competitive rates and a wide range of loan products. With over two decades in business, the company is praised for its transparency, fast closings, and excellent customer support, making it a trusted choice for homebuyers in Kansas.

Experience:24 years
Reviews:156 customer reviews
125 N Market St, Wichita, KS 67202

Loan Types:

ConventionalFHAVAUSDAJumboARMRefinance
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3

New American Funding - Wichita

New American Funding

★★★★☆
4.5/5

New American Funding is a well-established lender with a strong regional presence in Wichita, providing comprehensive mortgage services to Downs residents. It is recognized for its diverse loan programs, including options for first-time homebuyers and underserved communities, and has a track record of personalized service and competitive pricing. Founded in 2003, the company maintains high customer satisfaction through its commitment to innovation and community involvement.

Experience:21 years
Reviews:135 customer reviews
7701 E Kellogg Dr, Wichita, KS 67207

Loan Types:

ConventionalFHAVAUSDAJumboReverse MortgagesRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Downs, KS

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

Mortgage rates in Downs typically align with national averages but can vary based on local lender competition and property types. For rural properties common in the area, some lenders may offer slightly different rates. It's best to check with local Kansas lenders who understand the Osborne County market.

Are there any first-time homebuyer programs specifically available in Downs?

Yes, the Kansas Housing Resources Corporation offers several statewide programs that Downs residents can access, including down payment assistance and favorable loan terms. Additionally, some local lenders may offer special programs for first-time buyers in rural communities like Downs.

How does Downs' rural location affect the mortgage approval process?

Downs' rural classification can impact appraisals since comparable properties may be limited in the area. Some lenders may require additional documentation or have specific requirements for rural properties. Working with lenders experienced in rural Kansas markets can streamline this process.

What types of properties are most common for mortgage lending in Downs?

Most mortgage lending in Downs involves single-family homes, many of which are older properties with unique maintenance considerations. Agricultural-related properties and homes on larger lots are also common, which may require specialized loan products or additional inspections.

Are USDA loans popular in Downs given its rural designation?

Yes, USDA loans are very popular in Downs since the entire area qualifies for USDA rural development programs. These loans offer 100% financing, which is particularly beneficial in a market where down payment savings can be challenging for local buyers.

Mortgage Insights

Finding Your Perfect Home Loan Partner in Downs, KS

Searching for "home lenders near me" in Downs, Kansas, is more than just finding a name on a map. It's about connecting with a financial partner who understands the unique rhythm of our local market and can help you navigate the path to homeownership in our close-knit community. For a prospective homebuyer in Downs, the right local lender can make all the difference.

Downs presents a specific and appealing real estate landscape. You're likely looking at single-family homes with more space, perhaps even acreage, compared to larger cities. The market here can be tight, with desirable properties moving quickly. This is where a local lender shines. They understand the true value of a property on County Road 3 or in town, and they can often provide a quicker, more personal pre-approval process. In a competitive situation, a pre-approval letter from a respected local bank or credit union carries significant weight with sellers, showing you're a serious and capable buyer backed by someone who knows the area.

When starting your search, think beyond just the big national names. Dedicate time to explore local options. Visit the Downs State Bank or research regional lenders with a strong presence in Osborne County and the surrounding areas. Schedule face-to-face meetings. Ask them pointed questions: "How familiar are you with appraisals in rural Osborne County?" or "What has your turnaround time been for underwriting loans on properties with wells and septic systems?" Their answers will tell you if they have the hands-on experience you need.

As a Kansas homebuyer, you also have access to some excellent state-specific programs that a knowledgeable local lender can help you unlock. The Kansas Housing Resources Corporation (KHRC) offers programs like First Time Homebuyer Program with competitive interest rates and down payment assistance. There's also the Kansas Hero Loan for veterans, teachers, firefighters, healthcare workers, and other public servants. A lender familiar with these programs can seamlessly integrate them into your mortgage, making homeownership more affordable.

Your actionable plan starts today. First, get your financial documents in order—pay stubs, tax returns, bank statements. Then, make a shortlist of two or three local lenders. Apply for pre-approval with at least two to compare not just interest rates, but also fees, customer service, and their confidence in navigating our market. Remember, the lowest rate isn't always the best deal if the lender is slow or unfamiliar with rural properties.

Buying a home in Downs is an investment in a lifestyle. By choosing a home lender rooted in this community, you're gaining an advisor who can help you evaluate that investment wisely. They'll be your guide through the entire process, ensuring your dream of owning a piece of Kansas soil becomes a smooth and successful reality. Start local, and build your future here from a foundation of trusted, neighborhood expertise.

Nearby Cities

Explore mortgage lenders in cities near Downs, KS

Why Choose a Mortgage Lender in Downs?

Local Market Knowledge

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