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Fort Scott, KS

The Best Mortgage Lenders in Fort Scott, KS

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

3
Top Lenders
4.7
Avg Rating
450+
Reviews
7
Loan Types

Available Loan Programs in Fort Scott

Conventional
FHA
VA
USDA
Jumbo
Refinance
Reverse Mortgages

Featured Mortgage Lenders

1

Fairway Independent Mortgage Corporation

Fairway Independent Mortgage Corporation

★★★★☆
4.8/5

Fairway Independent Mortgage is a top-rated lender known for its exceptional customer service, competitive rates, and extensive loan options. With over 27 years in business, they have a strong regional presence in Kansas, including service to Fort Scott. They are highly regarded for their personalized approach, fast processing times, and high customer satisfaction ratings, making them a reliable choice for homebuyers in the area.

Experience:27 years
Reviews:200 customer reviews
7500 College Blvd, Overland Park, KS 66210

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

New American Funding

New American Funding

★★★★☆
4.7/5

New American Funding is a highly reputable mortgage lender with a focus on diversity and community service. They offer a wide range of loan products and are known for their competitive rates and flexible underwriting. Serving Fort Scott and surrounding areas, they have built a strong track record of customer satisfaction, with an emphasis on educating borrowers and providing tailored solutions for various financial situations.

Experience:20 years
Reviews:150 customer reviews
10950 Grandview Dr, Overland Park, KS 66210

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceReverse Mortgages
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3

Movement Mortgage

Movement Mortgage

★★★★☆
4.6/5

Movement Mortgage is a nationally recognized lender with a strong local presence in Kansas, offering efficient and transparent mortgage processes. They are praised for their quick closing times, competitive rates, and commitment to community engagement. Serving Fort Scott and the broader region, they provide personalized service and a variety of loan options, backed by a solid reputation for reliability and customer care.

Experience:15 years
Reviews:100 customer reviews
7300 College Blvd, Overland Park, KS 66210

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Fort Scott, KS

What are the current average mortgage rates for homebuyers in Fort Scott, KS?

Mortgage rates in Fort Scott typically align with national averages but can be slightly lower due to the area's lower cost of living and competitive local lenders. As of late 2024, 30-year fixed rates in Fort Scott generally range from 6.5% to 7.25%, though rates vary by lender, credit score, and loan type. It's best to compare offers from local banks and credit unions like Landmark National Bank or Community State Bank for the most competitive rates.

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

Yes, Fort Scott homebuyers can access Kansas Housing Resources Corporation's first-time homebuyer programs, which offer down payment assistance and competitive interest rates. Additionally, the USDA Rural Development loan program is particularly relevant for Fort Scott homebuyers since Bourbon County qualifies for 100% financing with no down payment required. Local lenders can help you determine which program best fits your situation.

How does Fort Scott's historic district affect mortgage lending and home buying?

Purchasing in Fort Scott's Historic District may require special considerations, as some properties have preservation easements or require specific maintenance. While this doesn't typically affect mortgage approval, some lenders might require additional inspections for historic properties. Many local lenders are familiar with these unique requirements and can guide you through the process smoothly.

What are the typical down payment requirements for homes in Fort Scott's price range?

Given Fort Scott's median home price of approximately $120,000-$150,000, down payments can be quite manageable. Conventional loans typically require 3-5% down ($3,600-$7,500 on a $120,000 home), while FHA loans require 3.5% down. With USDA loans available throughout Bourbon County, many buyers can purchase with zero down payment, making homeownership particularly accessible in this market.

Are property taxes in Fort Scott typically included in mortgage escrow accounts?

Yes, most lenders in Fort Scott will include property taxes in your monthly mortgage payment through an escrow account. Bourbon County property taxes average about 1.4% of home value annually, which translates to approximately $1,680 per year on a $120,000 home. Your lender will collect 1/12 of this amount each month along with your principal and interest payment, then pay the taxes directly to the county treasurer.

Mortgage Insights

Finding Your Fort Scott Mortgage Match: Why Local Expertise Matters

Searching for the "best mortgage broker near me" in Fort Scott, Kansas, is about more than just finding the lowest rate. It's about partnering with a professional who understands the unique heartbeat of our local market and can navigate the specific opportunities available to Southeast Kansas homebuyers. In a community like ours, where historic charm meets practical affordability, the right guidance can make all the difference.

Fort Scott's housing market presents a distinct blend of opportunities. You might be considering a beautifully restored Victorian in the historic district, a sturdy ranch home on the outskirts, or a property with a bit of land. A local mortgage broker with deep roots here understands the nuances of appraising these diverse property types and knows which lenders are familiar with the area. They can provide realistic advice on what you can afford in our market, where median home prices often sit comfortably below state and national averages, making homeownership an attainable dream for many.

When evaluating brokers, don't just compare rates—compare their local knowledge. Ask potential brokers: How many loans have you closed in Bourbon County? Are you familiar with the specific requirements for older homes, which are common here? Can you explain the property tax landscape in Kansas? A great local broker will have answers at the ready and can often recommend trusted local inspectors, title companies, and insurance agents, streamlining your entire process.

Be sure to explore regional and state-specific programs that a knowledgeable broker will highlight. The Kansas Housing Resources Corporation (KHRC) offers valuable programs like First Time Homebuyer Program with competitive interest rates and down payment assistance. There's also the Kansas Heroes program for veterans, teachers, firefighters, healthcare workers, and other public servants. These programs can significantly lower your upfront costs, and a broker who specializes in them is an invaluable asset.

Your actionable first step? Shift your search from generic online lists to local networks. Ask your real estate agent—who should also be local—for their top two or three broker recommendations. Talk to friends, family, or colleagues who have recently purchased a home here. Attend a local first-time homebuyer workshop, often hosted by the city or local banks, where you can meet professionals. When you interview brokers, come prepared with questions about their experience with Kansas-specific programs and their familiarity with Fort Scott's neighborhoods.

Ultimately, the best mortgage broker for you in Fort Scott will be a communicative advisor who demystifies the process, champions local opportunities, and helps you secure not just a house, but a home in our community. Their expertise is the key to turning your Kansas homeownership dream into a confident, successful reality.

Nearby Cities

Explore mortgage lenders in cities near Fort Scott, KS

Why Choose a Mortgage Lender in Fort Scott?

Local Market Knowledge

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