The Best Mortgage Lenders in Jamestown, KS
Compare verified mortgage lenders serving Jamestown, Kansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Jamestown
Featured Mortgage Lenders
American Mortgage & Financial Services
American Mortgage & Financial Services
American Mortgage & Financial Services is a highly-rated regional mortgage lender based in Salina that serves the entire Jamestown area. With over two decades of experience, they specialize in personalized mortgage solutions for rural Kansas communities. They are particularly strong in USDA loans which are ideal for the Jamestown area, and their local loan officers have deep knowledge of the regional real estate market. Customers consistently praise their responsive service, competitive rates, and expertise in navigating the unique aspects of rural Kansas property financing.
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Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation - Salina Branch
Fairway Independent Mortgage Corporation has a strong presence in central Kansas with their Salina branch actively serving Jamestown residents. As a nationally recognized mortgage lender with local expertise, they offer comprehensive loan options including specialized programs for rural homebuyers. Their team has extensive experience with Saline County and surrounding areas, providing personalized service with the backing of a major lender's resources. They are particularly noted for their efficient processing and competitive rate offerings for both purchase and refinance transactions.
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Sunflower Bank
Sunflower Bank, N.A.
Sunflower Bank has been serving Kansas communities for over a century and maintains a strong presence in the Jamestown area through their Salina banking center. As a community-focused financial institution, they offer personalized mortgage services with local decision-making authority. Their long-standing commitment to central Kansas gives them unique insight into the local real estate market. Customers appreciate their straightforward approach, competitive rates for conventional loans, and expertise in construction financing for rural properties. Their established reputation and deep community roots make them a trusted choice for Jamestown area homebuyers.
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Frequently Asked Questions
Common questions about mortgage lending in Jamestown, KS
What are the current average mortgage rates for homebuyers in Jamestown, KS?
Mortgage rates in Jamestown typically align with national averages but can be slightly lower due to the rural nature of the area and lower competition among lenders. As of 2024, conventional 30-year fixed rates in Jamestown generally range from 6.5% to 7.2%, though individual rates depend on credit score and loan type. Local lenders like Community National Bank often offer competitive rates specifically for Jamestown residents.
Are there any first-time homebuyer programs specifically available in Jamestown?
Yes, Jamestown homebuyers can access Kansas Housing Resources Corporation programs like First Time Homebuyer Program and Homeowner Rehab & Purchase Program. These offer down payment assistance, competitive interest rates, and closing cost help specifically for Kansas residents. Additionally, some local lenders may offer special programs for Jamestown teachers, healthcare workers, or agricultural employees.
How does Jamestown's rural location affect the mortgage approval process?
Jamestown's rural status can impact appraisals since comparable home sales may be limited, potentially requiring appraisers to look at properties in nearby towns like Concordia or Mankato. USDA loans are particularly advantageous here as most of Jamestown qualifies for USDA rural development loans requiring no down payment. Some lenders may have stricter requirements for older farmhouses or properties with well and septic systems common in the area.
What types of properties in Jamestown might have special mortgage considerations?
Older farmhouses, properties with acreage, and homes with agricultural outbuildings common in Jamestown may require specialized appraisals and additional inspections. Lenders might require well water tests and septic system inspections that aren't typically needed in urban areas. Properties with more than 10 acres may be considered "rural estates" and have different lending requirements than standard residential mortgages.
Are property taxes in Jamestown typically included in mortgage escrow accounts?
Yes, most Jamestown lenders include Cloud County property taxes in escrow accounts, with annual rates typically around 1.2-1.5% of home value. Property taxes in Jamestown are generally lower than state averages but have been gradually increasing. Your lender will calculate these into your monthly payment, and it's wise to verify the exact tax rate with the Cloud County Treasurer's office during home shopping.
Why Choose a Mortgage Lender in Jamestown?
Local Market Knowledge
Lenders who understand Jamestown'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 Jamestown and get competitive rates on your home loan.