The Best Mortgage Lenders in Haddam, KS
Compare verified mortgage lenders serving Haddam, Kansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Haddam
Featured Mortgage Lenders
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is a top-rated lender known for its exceptional customer service and competitive rates. With over 28 years in business, they have a strong presence in Kansas and serve Haddam through local loan officers. They are highly regarded for their wide range of loan options, including government-backed programs, and have consistently high ratings for reliability and customer satisfaction. Their commitment to personalized service and community involvement makes them a trusted choice for homebuyers in rural areas.
Loan Types:
New American Funding
New American Funding
New American Funding is a highly-rated mortgage lender with a strong regional presence in Kansas, serving Haddam and surrounding areas. Founded in 2003, they offer a diverse portfolio of loan products and are praised for their competitive rates and efficient processing. They have a reputation for excellent customer service, particularly in helping first-time homebuyers and those with unique financial situations. Their high review counts and longevity in the industry reflect their reliability and commitment to client satisfaction.
Loan Types:
Guaranteed Rate
Guaranteed Rate
Guaranteed Rate is a reputable national mortgage lender with a significant presence in Kansas, providing services to Haddam residents. Established in 2000, they are known for their innovative online tools and competitive loan options, including adjustable-rate mortgages. They have consistently high ratings for their user-friendly application process and responsive customer support. With over two decades of experience, they maintain a strong track record for closing loans quickly and efficiently, making them a popular choice for homebuyers in the region.
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Frequently Asked Questions
Common questions about mortgage lending in Haddam, KS
What are the current average mortgage rates for homebuyers in Haddam, KS?
Mortgage rates in Haddam typically align with national averages but can vary slightly based on local lender competition. As of recent data, 30-year fixed rates in the area generally range from 6.5% to 7.2%, while 15-year fixed rates are around 5.8% to 6.5%. It's best to check with local Kansas lenders like Community National Bank or regional credit unions for the most current Haddam-specific rates.
Are there any first-time homebuyer programs specifically available in Haddam, KS?
Yes, Haddam residents can access Kansas Housing Resources Corporation's first-time homebuyer programs, which offer competitive interest rates and down payment assistance. These programs are particularly valuable in Haddam's affordable housing market, where median home prices are below state averages. Local lenders can also provide guidance on USDA rural development loans, which are relevant for Haddam's rural classification.
How does Haddam's rural location affect mortgage options and requirements?
Haddam's rural designation makes many properties eligible for USDA loans, which offer 100% financing with no down payment requirement. This is particularly beneficial given the area's agricultural surroundings and lower population density. However, some conventional lenders may have stricter appraisal requirements due to the limited number of comparable home sales in the area.
What should I know about property taxes and insurance when getting a mortgage in Haddam?
Haddam homeowners benefit from relatively low property tax rates compared to urban Kansas areas, with Jewell County averaging around 1.3% of assessed value. Insurance considerations should include coverage for severe weather common in north-central Kansas, including wind and hail protection. These costs are important to factor into your overall mortgage payment calculation.
Are there any local down payment assistance programs for Haddam homebuyers?
While Haddam itself doesn't offer city-specific programs, homebuyers can access Kansas Housing's down payment assistance programs, which provide up to $15,000 in matching funds. Additionally, some local employers and agricultural organizations may offer housing assistance to employees working in key Haddam industries. Consult with a mortgage lender familiar with Jewell County resources for the most current options.
Why Choose a Mortgage Lender in Haddam?
Local Market Knowledge
Lenders who understand Haddam'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 Haddam and get competitive rates on your home loan.