The Best Mortgage Lenders in Edna, KS
Compare verified mortgage lenders serving Edna, Kansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Edna
Featured Mortgage Lenders
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is a top-rated lender with a strong local presence in Southeast Kansas, serving Edna through its Pittsburg branch. Known for exceptional customer service and competitive rates, they have an A+ BBB rating and consistently high reviews for their efficient processing and wide range of loan options. Their experienced loan officers provide personalized guidance, making them a trusted choice for homebuyers in rural areas like Edna.
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Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a highly reputable national lender with a strong online platform that efficiently serves Edna and surrounding areas. They are praised for their transparent pricing, fast closings, and innovative digital tools that simplify the mortgage process. With numerous awards for customer satisfaction and a focus on competitive rates, they offer reliable service for both first-time homebuyers and refinancing clients in Kansas.
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New American Funding
New American Funding, LLC
New American Funding is a nationally recognized lender with a commitment to serving diverse communities, including Edna, KS. They excel in providing flexible loan programs and dedicated support for low-to-moderate income borrowers, with high marks for customer care and accessibility. Their local loan officers understand the Kansas market, offering tailored solutions and a streamlined application process that earns consistent positive feedback.
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Frequently Asked Questions
Common questions about mortgage lending in Edna, KS
What are the current average mortgage rates for homebuyers in Edna, KS?
Mortgage rates in Edna typically align with national averages but can vary based on local lender competition. Currently, 30-year fixed rates range between 6.5-7% for qualified buyers. It's best to check with local institutions like Labette Bank or Community National Bank for the most accurate, personalized rates.
Are there any first-time homebuyer programs specifically available in Edna?
While Edna itself doesn't offer city-specific programs, Kansas Housing Resources Corporation provides statewide first-time homebuyer programs accessible to Edna residents. These include down payment assistance, competitive interest rates, and homebuyer education courses that can be particularly helpful in this affordable market.
How does Edna's rural location affect the mortgage approval process?
Edna's rural classification can work to your advantage through USDA loans, which offer 100% financing with no down payment required for eligible properties and borrowers. However, you may encounter stricter appraisal requirements due to fewer comparable home sales in the area, so working with a local lender familiar with Labette County is beneficial.
What types of properties typically qualify for USDA loans in Edna?
Most properties within Edna's city limits and surrounding Labette County areas qualify for USDA rural development loans, given the population under 35,000. This includes single-family homes, townhouses, and approved condos, provided they meet USDA property standards and are in designated eligible zones.
How do property taxes in Edna compare to surrounding areas, and how do they affect mortgage payments?
Labette County property taxes are generally moderate compared to larger Kansas cities, with Edna's mill levy around 150-160 mills. This translates to annual property taxes of approximately $1,200-$1,800 on a $100,000 home, which lenders will factor into your total monthly mortgage payment calculation.
Why Choose a Mortgage Lender in Edna?
Local Market Knowledge
Lenders who understand Edna'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 Edna and get competitive rates on your home loan.