The Best Mortgage Lenders in Florence, KS
Compare verified mortgage lenders serving Florence, Kansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Florence
Featured Mortgage Lenders
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is highly regarded for its exceptional customer service, competitive rates, and extensive loan options tailored to diverse needs. With over 28 years in business, they have built a strong reputation in Kansas for their personalized approach, efficient processing, and commitment to community support. Their local presence in Overland Park ensures accessible service for Florence residents, backed by numerous positive reviews highlighting their reliability and expertise.
Loan Types:
New American Funding
New American Funding
New American Funding stands out for its diverse loan products and strong focus on first-time homebuyer and community lending programs. Founded in 2003, they have earned high marks for responsive customer service, competitive rates, and innovative solutions. Their Overland Park office serves the Florence area effectively, with reviews praising their dedication to making homeownership accessible and their efficient, friendly staff.
Loan Types:
Guaranteed Rate
Guaranteed Rate
Guaranteed Rate is renowned for its technology-driven mortgage platform, offering fast closings and a seamless digital experience. With 24 years of industry experience, they provide competitive rates and a wide range of loan options, earning high customer satisfaction ratings for their efficiency and support. Their Leawood location ensures reliable service for Florence homebuyers, with many reviews highlighting their professionalism and ease of use.
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Frequently Asked Questions
Common questions about mortgage lending in Florence, KS
What are current mortgage rates like for homes in Florence, KS?
Mortgage rates in Florence typically align with national averages but can be slightly influenced by local market conditions and property types common in the area. For the most accurate rates, consult with local lenders who understand Marion County's specific lending landscape, including factors like rural property appraisals that might affect loan terms.
Are there any first-time homebuyer programs specifically available in Florence?
Yes, Florence homebuyers can access Kansas Housing Resources Corporation programs like First Time Homebuyer Program and Homeowner Rehab & Repair programs, which offer competitive interest rates and down payment assistance. These state-level programs are particularly valuable in Florence given the area's moderate home prices, making homeownership more accessible.
How does Florence's rural location affect the mortgage process?
Florence's rural character can impact appraisals since comparable properties might be limited, potentially requiring appraisers to look at broader geographic areas. Additionally, some lenders may have specific requirements for rural properties, particularly if the home is on well and septic systems rather than city utilities, which could affect loan approval.
What types of properties are most common in Florence's mortgage market?
Florence's mortgage market primarily consists of single-family homes, many of which are older properties with historic character, along with some rural acreages. This means lenders often encounter unique appraisal situations and may require additional inspections for older homes, which buyers should factor into their timeline and budget.
Are there any local down payment assistance programs for Florence homebuyers?
While Florence itself doesn't offer city-specific programs, buyers can utilize statewide Kansas programs including the Kansas Housing Down Payment Assistance program. These are particularly beneficial in Florence's market where median home prices are below state averages, making the assistance go further toward covering down payment and closing costs.
Why Choose a Mortgage Lender in Florence?
Local Market Knowledge
Lenders who understand Florence'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 Florence and get competitive rates on your home loan.