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Franklin, KS

The Best Mortgage Lenders in Franklin, KS

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

3
Top Lenders
4.8
Avg Rating
300+
Reviews
10
Loan Types

Available Loan Programs in Franklin

Conventional
FHA
VA
USDA
Jumbo
Construction
Refinance
First-time Homebuyer
Home Equity
ARM

Featured Mortgage Lenders

1

Landmark National Bank

Landmark National Bank

★★★★☆
4.8/5

Landmark National Bank is a highly-rated community bank with deep roots in eastern Kansas, serving Franklin and surrounding communities. With over three decades of experience, they offer personalized mortgage services through their local branches. Customers consistently praise their responsive service, competitive rates, and knowledgeable loan officers who provide individualized attention throughout the home buying process. Their strong community presence and commitment to local homeowners make them a top choice for Franklin area residents.

Experience:35 years
Reviews:85 customer reviews
1501 S Main St, Ottawa, KS 66067

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinance
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2

Arvest Bank

Arvest Bank

★★★★☆
4.7/5

Arvest Bank maintains a strong regional presence throughout Kansas and serves the Franklin area with comprehensive mortgage solutions. As an established financial institution with six decades of experience, they offer competitive rates and a wide range of loan products. Their mortgage team receives high marks for professionalism, transparent communication, and guiding borrowers through complex loan processes. The bank's commitment to customer satisfaction and local community support makes them a reliable choice for Franklin homebuyers.

Experience:60 years
Reviews:120 customer reviews
11900 W 87th St Parkway, Lenexa, KS 66215

Loan Types:

ConventionalFHAVAUSDAFirst-time HomebuyerRefinanceHome Equity
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3

CrossCountry Mortgage

CrossCountry Mortgage, LLC

★★★★☆
4.9/5

CrossCountry Mortgage has built an excellent reputation in the Kansas City metropolitan area, serving Franklin and surrounding communities with exceptional mortgage services. Their local loan officers are praised for their expertise in navigating various loan scenarios and providing personalized solutions. The company consistently receives top ratings for their responsive communication, competitive rates, and efficient closing processes. With nearly two decades of experience and a strong focus on customer education, they help Franklin area borrowers make informed mortgage decisions.

Experience:18 years
Reviews:95 customer reviews
7500 College Blvd Suite 500, Overland Park, KS 66210

Loan Types:

ConventionalFHAVAUSDAJumboARMRefinanceFirst-time Homebuyer
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Frequently Asked Questions

Common questions about mortgage lending in Franklin, KS

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

Mortgage rates in Franklin typically align with national averages but can be slightly lower due to the area's rural designation and lower cost of living. As of recent data, 30-year fixed rates often range from 6.5% to 7%, but working with a local lender who understands Franklin's market can help you secure competitive terms. It's wise to compare offers from both local banks and credit unions in the area.

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

Yes, Franklin homebuyers can access the "First Time Home Buyer Grant" program offered by the Kansas Housing Resources Corporation (KHRC), which provides down payment assistance across Kansas. Additionally, local lenders like Landmark National Bank often have special first-time buyer programs with lower down payment requirements. These programs are particularly valuable in Franklin's affordable housing market.

How does Franklin's rural location affect mortgage lending options?

Franklin's rural designation makes buyers eligible for USDA Rural Development loans, which offer 100% financing with no down payment required. This is a significant advantage since many properties in and around Franklin qualify. Local lenders are well-versed in these programs and can guide you through the specific property eligibility requirements for the area.

What special considerations should I know about when getting a mortgage for a historic home in Franklin?

Franklin has several historic properties that may require special financing considerations. While conventional loans work for most homes, historic properties might need additional inspections or repairs that could affect loan approval. Local lenders familiar with Franklin's historic districts can recommend appropriate renovation loans and help navigate any preservation requirements.

How do property taxes in Franklin impact mortgage payments and affordability?

Franklin County has relatively moderate property tax rates compared to urban areas in Kansas, currently around 1.3% of assessed value. This means your escrow payments will be lower, improving overall affordability. When getting pre-approved, local lenders will factor in these tax rates to give you an accurate picture of your total monthly payment.

Mortgage Insights

Finding Your Perfect Mortgage Match in Franklin, Kansas

Searching for a "mortgage loan mortgage lender near me" is more than just a quick online query—it's the first step toward planting roots in our close-knit Franklin community. For homebuyers here, the right local lender isn't just a service provider; they're a neighbor who understands the unique rhythms of our housing market and can guide you through the process with genuine local insight.

Franklin’s charm lies in its blend of rural tranquility and small-town connectivity. The housing market here often features more spacious properties, older homes with character, and potentially more negotiable terms compared to larger Kansas cities. A local mortgage lender based in Franklin or nearby Anderson County will have a finger on the pulse of what’s available. They understand how to accurately appraise a century-old farmhouse or a property with acreage, which can be a complex process that out-of-town online lenders might not navigate as smoothly. Their relationships with local realtors and appraisers can also help streamline your purchase.

When starting your search, think beyond just rates. A local lender offers face-to-face conversations, which can be invaluable when you have questions. Start by asking Franklin friends, family, or your realtor for personal recommendations. Then, make a shortlist of two or three local banks or credit unions, as well as a trusted local mortgage broker who can shop multiple loan products for you. Don’t hesitate to visit them in person; a quick chat can tell you a lot about their communication style and familiarity with Franklin.

There are important Kansas-specific programs to discuss with any lender you meet. First-time homebuyers in Franklin should absolutely inquire about the Kansas Housing Resources Corporation (KHRC) programs. KHRC offers down payment assistance, competitive first mortgage rates, and tax credits that can make homeownership significantly more affordable. Additionally, explore if you qualify for a Kansas Farm Bureau Mortgage—even if you’re not a farmer, membership is open to residents and can offer attractive loan options. A local lender will be well-versed in these opportunities and can help you see if you qualify.

Your actionable plan starts today. First, get a clear picture of your budget, including savings for a down payment and closing costs. Then, reach out to at least two local lenders for a pre-approval conversation. Ask them directly: "How do you handle appraisals for older homes common in Franklin?" and "Can you walk me through the KHRC eligibility process?" Their answers will immediately show you who has the local expertise you need.

Buying a home in Franklin is about investing in a community. By partnering with a mortgage lender who knows our streets, our values, and our state’s unique programs, you’re not just getting a loan—you’re gaining a knowledgeable guide for one of life’s most important journeys. Welcome home

Nearby Cities

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Why Choose a Mortgage Lender in Franklin?

Local Market Knowledge

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