The Best Mortgage Lenders in Frankfort, KS
Compare verified mortgage lenders serving Frankfort, Kansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Frankfort
Featured Mortgage Lenders
Mortgage Solutions of Kansas
Mortgage Solutions of Kansas
Mortgage Solutions of Kansas is a highly-rated local mortgage broker serving communities throughout northeast Kansas, including Frankfort. With exceptional 4.8-star ratings across multiple platforms, they specialize in personalized service and competitive rates for rural and small-town homebuyers. Their team has deep knowledge of USDA rural development loans and other programs ideal for Frankfort area residents. Customers consistently praise their responsive communication, local expertise, and ability to navigate complex loan scenarios efficiently.
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Capitol Federal Savings Bank
Capitol Federal Savings Bank
As one of the most established financial institutions in Kansas, Capitol Federal has been serving communities like Frankfort for over a century. While headquartered in Topeka (approximately 60 miles from Frankfort), they have a strong presence throughout northeast Kansas with competitive mortgage products and local decision-making. Their 4.6-star rating reflects consistent customer satisfaction with their mortgage process, particularly for first-time homebuyers and those seeking traditional banking relationships with local service.
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Sunflower Bank
Sunflower Bank, N.A.
Sunflower Bank has deep roots in Kansas communities and serves Frankfort residents with a comprehensive range of mortgage products. Their experienced local loan officers understand the unique aspects of rural Kansas real estate and offer personalized guidance throughout the homebuying process. With strong ratings for customer service and competitive rates, they're particularly noted for their construction lending expertise and USDA loan programs that benefit Frankfort area homebuyers seeking rural property financing.
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Frequently Asked Questions
Common questions about mortgage lending in Frankfort, KS
What are the current average mortgage rates for homebuyers in Frankfort, KS?
Mortgage rates in Frankfort typically align with national averages but can vary based on local lender competition. Currently, 30-year fixed rates in the Frankfort area range from 6.5% to 7.2%, though rural properties might see slightly higher rates. It's best to check with local lenders like Community National Bank or regional credit unions for the most accurate current rates.
Are there any first-time homebuyer programs specifically available in Frankfort, KS?
Yes, Frankfort homebuyers can access Kansas Housing Resources Corporation's first-time homebuyer programs, which offer down payment assistance and competitive interest rates. Additionally, some local lenders may offer special programs for Frankfort residents, particularly for homes within the city limits. These programs can be particularly helpful given Frankfort's median home prices.
How does Frankfort's rural location affect the mortgage approval process?
Frankfort's rural classification can impact mortgage approvals as some lenders have stricter requirements for rural properties. You may need additional property inspections, and USDA loans are particularly well-suited for this area. Local lenders with experience in Marshall County typically understand these rural considerations better than large national banks.
What types of properties are most common in Frankfort's mortgage market?
Frankfort's mortgage market primarily consists of single-family homes, many of which are historic properties, along with some agricultural and rural residential properties. Older homes may require specialized inspections, and agricultural properties often need different financing approaches. This diversity means working with a lender familiar with Frankfort's unique property mix is essential.
Are USDA loans a good option for Frankfort homebuyers given the rural setting?
Absolutely, USDA loans are an excellent option for Frankfort homebuyers since the entire area qualifies for USDA rural development programs. These loans offer 100% financing with no down payment, which is particularly beneficial given Frankfort's rural character and moderate income levels. Many local real estate agents are experienced with USDA transactions in the Frankfort area.
Why Choose a Mortgage Lender in Frankfort?
Local Market Knowledge
Lenders who understand Frankfort'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 Frankfort and get competitive rates on your home loan.