The Best Mortgage Lenders in Highland, KS
Compare verified mortgage lenders serving Highland, Kansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Highland
Featured Mortgage Lenders
American State Bank & Trust Company
American State Bank & Trust Company
American State Bank & Trust Company is a highly-rated community bank serving northeast Kansas, including Highland, with over a century of local banking experience. They offer personalized mortgage services with local decision-making and competitive rates. Their long-standing presence in the region ensures deep understanding of local real estate markets and community needs. Customers consistently praise their responsive service, transparent process, and commitment to finding the right mortgage solution for each borrower's unique situation.
Loan Types:
Bank of Atchison
Bank of Atchison
Bank of Atchison is a trusted community bank with deep roots in northeast Kansas, serving Highland and surrounding communities. With 140 years of operation, they offer extensive mortgage expertise and local underwriting decisions. Their mortgage team provides personalized service with competitive rates and various loan programs tailored to rural and small-town borrowers. The bank is known for its straightforward approach, reliable service, and strong commitment to customer satisfaction in the regional market.
Loan Types:
Capitol Federal Savings Bank
Capitol Federal Savings Bank
Capitol Federal Savings Bank is a well-established regional lender serving communities throughout Kansas, including Highland. With over 130 years in business, they offer competitive mortgage rates and a wide range of loan products. Their "True Blue" commitment to customer service and community involvement makes them a popular choice for Kansas homebuyers. The bank receives consistently high marks for their efficient processing, knowledgeable loan officers, and reliable service throughout the mortgage process across their extensive Kansas footprint.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Highland, KS
What are the current average mortgage rates for homebuyers in Highland, KS?
Mortgage rates in Highland 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 generally range between 6.5% and 7%, but working with local lenders who understand Highland's market can sometimes secure more competitive terms. It's best to check with community banks or credit unions in Doniphan County for the most current local rates.
Are there any first-time homebuyer programs specifically available in Highland, KS?
Yes, Highland homebuyers can access Kansas Housing Resources Corporation's programs, including the First Time Homebuyer Program and down payment assistance options. Additionally, some local lenders in Doniphan County may offer special programs for teachers, healthcare workers, or other essential service employees serving the Highland community. These programs often feature lower interest rates and reduced down payment requirements.
How does Highland's rural location affect mortgage lending and property appraisal processes?
Highland's rural setting means appraisals may take longer and require appraisers familiar with Doniphan County's unique property comparisons. Lenders may be more cautious about properties with well and septic systems, which are common in the area. However, USDA loans are particularly advantageous here since most of Highland qualifies for these zero-down-payment rural development loans.
What types of properties typically require special mortgage consideration in Highland?
Older farmhouses, properties with acreage, and homes with agricultural outbuildings often require specialized lending approaches in Highland. Lenders may require additional inspections for century-old homes common in the area, and properties with significant land may need agricultural appraisals. Working with lenders experienced in rural Kansas properties can streamline this process.
How do property taxes in Highland impact mortgage qualification and payments?
Doniphan County property taxes are relatively moderate compared to urban Kansas areas, typically ranging from 1.1% to 1.4% of assessed value. This means your escrow payments for taxes will be lower than in many parts of the state, potentially improving your debt-to-income ratio for qualification. However, it's important to verify exact tax amounts with the Doniphan County Appraiser's Office when budgeting.
Why Choose a Mortgage Lender in Highland?
Local Market Knowledge
Lenders who understand Highland'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 Highland and get competitive rates on your home loan.