The Best Mortgage Lenders in Le Roy, KS
Compare verified mortgage lenders serving Le Roy, Kansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Le Roy
Featured Mortgage Lenders
Community National Bank
Community National Bank
Community National Bank is a highly-rated local community bank with multiple branches throughout Southeast Kansas, serving Le Roy and surrounding communities. They have built an exceptional reputation for personalized mortgage services with local decision-making authority. As a community-focused institution, they offer competitive rates and specialized knowledge of rural and small-town property financing. Their mortgage team provides comprehensive guidance through the entire home buying process, with particular expertise in USDA loans which are highly relevant for rural areas like Le Roy.
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American Mortgage & Financial Services
American Mortgage & Financial Services
American Mortgage & Financial Services is a well-established regional mortgage lender with strong presence throughout Southeast Kansas, including service to Le Roy residents. They have earned outstanding customer satisfaction ratings for their responsive service and competitive loan products. The company specializes in rural property financing and offers exceptional expertise with USDA loans, which are particularly valuable for homebuyers in Le Roy's rural setting. Their local loan officers provide personalized attention and streamlined processing, with many customers praising their ability to close loans efficiently.
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Guild Mortgage Company
Guild Mortgage Company
Guild Mortgage is a nationally recognized mortgage lender with strong Kansas presence that serves Le Roy and surrounding areas. While headquartered in California, they maintain local loan officers who understand Kansas rural markets. They receive excellent ratings for their wide range of loan programs and exceptional customer service. Guild specializes in first-time homebuyer programs and offers competitive rates with various down payment assistance options. Their extensive experience with rural properties and USDA loans makes them particularly well-suited for Le Roy homebuyers seeking reliable mortgage services with national resources but local expertise.
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Frequently Asked Questions
Common questions about mortgage lending in Le Roy, KS
What are the current average mortgage rates for homebuyers in Le Roy, KS?
Mortgage rates in Le Roy typically align with national averages but can vary based on local lenders. Currently, 30-year fixed rates range between 6.5-7% for qualified buyers. It's best to check with local banks like Community National Bank or Exchange National Bank for the most accurate, personalized rates.
Are there any first-time homebuyer programs specifically available in Le Roy?
Yes, Le Roy homebuyers can access Kansas Housing Resources Corporation programs like First Time Homebuyer Program and Homeowner Rehab Program. These offer competitive interest rates and down payment assistance, which is particularly helpful given Le Roy's median home prices around $120,000.
How does Le Roy's rural location affect the mortgage process?
Le Roy's rural designation can provide advantages through USDA Rural Development loans, which offer 100% financing with no down payment required. However, appraisals might take slightly longer as appraisers often need to travel from larger nearby cities like Emporia or Chanute.
What unique closing costs should I expect when buying a home in Le Roy?
Beyond standard closing costs, Le Roy homebuyers should budget for Coffey County-specific fees including title insurance, recording fees, and potential well/septic inspections given the rural nature of many properties. Total closing costs typically range from 2-5% of the home's purchase price.
How do property taxes in Le Roy impact mortgage affordability?
Coffey County property taxes in Le Roy average approximately 1.3% of assessed value, which is relatively moderate for Kansas. This means on a $150,000 home, you'd pay around $1,950 annually in property taxes, which lenders will factor into your debt-to-income ratio calculations.
Nearby Cities
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Why Choose a Mortgage Lender in Le Roy?
Local Market Knowledge
Lenders who understand Le Roy'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 Le Roy and get competitive rates on your home loan.