The Best Mortgage Lenders in Latham, KS
Compare verified mortgage lenders serving Latham, Kansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Latham
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 built a strong reputation in Kansas for handling a wide range of loan types, including government-backed options. Their local presence in Overland Park allows them to serve Latham residents effectively, and they are highly praised for their streamlined process and personalized support, making them a reliable choice for homebuyers in the area.
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Guaranteed Rate, Inc.
Guaranteed Rate, Inc.
Guaranteed Rate is a nationally recognized mortgage lender with a strong local presence in Kansas, offering innovative digital tools and competitive rates. Founded in 2000, they have over 24 years of experience and are known for their efficient online application process and extensive loan options. Their Overland Park office serves Latham and surrounding areas, with high customer satisfaction ratings due to their transparency, speed, and dedicated support team.
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Mortgage Lenders of America
Mortgage Lenders of America
Mortgage Lenders of America is a highly-rated regional mortgage company based in Overland Park, with over 24 years of experience serving Kansas communities like Latham. They specialize in a variety of loan products and are praised for their personalized service, competitive rates, and quick closing times. Their commitment to customer satisfaction and strong local expertise makes them a trusted option for homebuyers seeking reliable financing solutions in the area.
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Frequently Asked Questions
Common questions about mortgage lending in Latham, KS
What are the current average mortgage rates for homebuyers in Latham, KS?
Mortgage rates in Latham typically align with national averages but can vary based on local lender competition. Currently, 30-year fixed rates hover around 6.5-7%, while 15-year fixed rates are approximately 5.75-6.25%. It's best to check with local Kansas lenders like Community National Bank or regional credit unions for the most accurate, personalized rates.
Are there any first-time homebuyer programs specifically available in Latham?
Yes, Latham residents can access Kansas Housing Resources Corporation programs like First Time Homebuyer Program and Homeowner Rehab Program. These offer competitive interest rates, down payment assistance, and closing cost help for qualifying buyers. Additionally, some local lenders may offer special programs for Latham's rural community members.
How does Latham's rural location affect mortgage lending requirements?
Latham's rural designation can work to your advantage through USDA Rural Development loans, which offer 100% financing with no down payment required. However, appraisals may require specialized rural property expertise, and some lenders might have stricter requirements for older farmhouses or properties with well and septic systems common in the area.
What unique property types might I encounter when getting a mortgage in Latham?
Latham features many older homes, farmhouses, and properties with acreage that require special consideration. These properties may need additional inspections for wells, septic systems, or older electrical systems. Some lenders might require larger down payments for unique rural properties or those needing significant repairs.
How long does the mortgage approval process typically take in Latham's real estate market?
The mortgage process in Latham generally takes 30-45 days, similar to national timelines. However, being in a rural area might add a few days for property inspections and appraisals due to limited local specialist availability. Working with lenders familiar with Butler County can help streamline the process.
Why Choose a Mortgage Lender in Latham?
Local Market Knowledge
Lenders who understand Latham'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 Latham and get competitive rates on your home loan.