The Best Mortgage Lenders in Farlington, KS
Compare verified mortgage lenders serving Farlington, Kansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Farlington
Featured Mortgage Lenders
People's Bank of Seneca
People's Bank of Seneca
People's Bank of Seneca is a highly-rated community bank serving Southeast Kansas, including Farlington. With over two decades of experience, they offer personalized mortgage services with local decision-making. Their 4.8 rating reflects exceptional customer satisfaction, and they provide a full range of loan options including specialized rural development loans suitable for the Farlington area. As a community-focused institution, they understand the local real estate market and offer competitive rates with personalized service.
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The Mortgage Firm - Pittsburg
The Mortgage Firm
The Mortgage Firm's Pittsburg location serves the entire Southeast Kansas region, including Farlington. With a 4.7 rating from over 120 reviews, they are known for their expertise in rural and small-town mortgages. They specialize in first-time homebuyer programs and offer competitive rates with exceptional customer service. Their local loan officers have deep knowledge of the Crawford County area and provide personalized guidance throughout the mortgage process.
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Cornerstone Mortgage Company - Pittsburg
Cornerstone Mortgage Company
Cornerstone Mortgage Company has been serving Southeast Kansas for over 20 years, with their Pittsburg location conveniently serving Farlington residents. They maintain a 4.6 rating through consistent, reliable service and competitive mortgage products. Specializing in both purchase and refinance loans, they offer construction-to-permanent financing which is particularly valuable in rural areas like Farlington. Their experienced loan officers provide local expertise with the backing of a established regional mortgage company.
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Frequently Asked Questions
Common questions about mortgage lending in Farlington, KS
What are typical mortgage rates like for homebuyers in Farlington, KS?
Mortgage rates in Farlington generally align with national averages, but local lenders may offer competitive rates due to the smaller market. Currently, 30-year fixed rates typically range from 6.5% to 7.25%, though your specific rate will depend on credit score, loan type, and down payment amount. It's wise to compare offers from both local banks and credit unions in Crawford County for the best terms.
Are there any first-time homebuyer programs specific to Farlington?
While Farlington itself doesn't offer city-specific programs, Kansas Housing Resources Corporation (KHRC) provides statewide first-time homebuyer programs accessible to Farlington residents. These include down payment assistance, competitive interest rates, and homebuyer education. Additionally, local lenders may have special programs for teachers, healthcare workers, or other essential service employees in the area.
How does Farlington's rural location affect the mortgage process?
Farlington's rural setting can impact appraisals since comparable properties may be limited, potentially requiring appraisers to look at nearby communities like Girard or Pittsburg. USDA loans are particularly relevant here, offering 100% financing for eligible rural properties. Some lenders may also consider the stability of local employment sectors like agriculture and small manufacturing when underwriting loans.
What property types are most common in Farlington's mortgage market?
Farlington's mortgage market primarily consists of single-family homes, many of which are older properties requiring thorough inspections. You'll also find manufactured homes on owned land, which require specialized financing. Given the agricultural surroundings, some properties may include small acreage, which conventional lenders may view differently than standard residential lots.
Are there local lenders in Farlington who understand the unique aspects of this market?
Yes, several community banks and credit unions in Crawford County have deep knowledge of Farlington's real estate market. Institutions like Community National Bank and Credit Union of Crawford County understand local property values, employment patterns, and seasonal factors that might affect lending decisions. These local relationships can be valuable for navigating the specific challenges of rural Kansas mortgage lending.
Why Choose a Mortgage Lender in Farlington?
Local Market Knowledge
Lenders who understand Farlington'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 Farlington and get competitive rates on your home loan.