The Best Mortgage Lenders in Edgerton, KS
Compare verified mortgage lenders serving Edgerton, Kansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Edgerton
Featured Mortgage Lenders
Fairway Independent Mortgage
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage is highly regarded for its exceptional customer service and competitive rates, with a strong local presence in the Kansas City metropolitan area, including Edgerton. They offer a wide range of loan products and are known for their efficient processing and personalized approach, earning numerous industry awards and high customer satisfaction ratings.
Loan Types:
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a top-rated digital mortgage lender with a significant local footprint in the Kansas City region, serving Edgerton residents with innovative technology and fast loan approvals. They are praised for their transparent pricing, extensive loan options, and high customer satisfaction, making them a reliable choice for both purchase and refinance loans.
Loan Types:
Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is known for its community-focused approach and efficient loan processing, with a strong presence in the Kansas City area, including Edgerton. They offer personalized service and a variety of loan programs, backed by a reputation for reliability and customer-centric practices, often highlighted in positive reviews for their responsiveness and support.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Edgerton, KS
What are the typical mortgage rates available for homebuyers in Edgerton, KS?
Mortgage rates in Edgerton are generally competitive with national averages, but local lenders may offer slightly better terms due to the area's stable housing market. As of recent trends, 30-year fixed rates typically range from 6.5% to 7.25%, though this varies by lender, credit score, and loan type. It's recommended to compare offers from both local Johnson County banks and national lenders for the best rate.
Are there any first-time homebuyer programs specific to Edgerton that can help with down payments?
While Edgerton itself doesn't offer city-specific programs, Johnson County and Kansas state programs are accessible to Edgerton residents. The Kansas Housing Resources Corporation offers down payment assistance and affordable loan options for qualifying first-time buyers. Additionally, local credit unions like Mazuma Credit Union often have special first-time buyer programs with flexible requirements.
How does Edgerton's proximity to the Kansas City metro area affect mortgage lending considerations?
Edgerton's location in the Kansas City metropolitan statistical area means lenders often view it favorably for mortgage approval due to economic stability from nearby employment centers. However, some lenders may apply slightly different underwriting standards for this growing suburban market compared to urban Kansas City. The area's steady appreciation and demand from commuters can work to your advantage during the appraisal process.
What unique closing costs should I expect when getting a mortgage in Edgerton?
In addition to standard closing costs, Edgerton homebuyers should budget for Johnson County-specific fees including transfer taxes, recording fees, and potential special assessments. Title insurance rates in Kansas are regulated but can vary slightly by provider. Some newer developments in Edgerton may also include homeowner association transfer fees that need to be considered.
How does Edgerton's rural character and recent growth impact property appraisal values for mortgages?
Edgerton's transition from a rural community to a growing suburb creates unique appraisal considerations. Lenders will compare your property to both traditional Edgerton homes and newer developments, which can cause valuation variations. The ongoing development around the Intermodal Facility has created some appraisal challenges as comparable sales may not fully reflect current market shifts, so working with an appraiser familiar with the local market is crucial.
Why Choose a Mortgage Lender in Edgerton?
Local Market Knowledge
Lenders who understand Edgerton'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 Edgerton and get competitive rates on your home loan.