The Best Mortgage Lenders in Lenexa, KS
Compare verified mortgage lenders serving Lenexa, Kansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Lenexa
Featured Mortgage Lenders
CrossFirst Bank Mortgage Team
CrossFirst Bank
CrossFirst Bank has established itself as one of the top regional mortgage lenders serving the Kansas City metro area, including Lenexa. With their headquarters located just minutes from Lenexa in Leawood, they offer personalized mortgage services with local decision-making. Their mortgage team receives consistently high ratings for responsiveness, competitive rates, and streamlined closing processes. As a community-focused bank with over 15 years of experience, they specialize in both purchase and refinance loans with particular expertise in jumbo and construction lending for the Johnson County market.
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CommunityAmerica Credit Union Mortgage Department
CommunityAmerica Credit Union
CommunityAmerica Credit Union maintains a strong physical presence in Lenexa with their main office located in the city. As one of the largest credit unions in the Kansas City region, they offer highly competitive mortgage rates and exceptional member service. Their mortgage specialists are praised for guiding first-time homebuyers through the entire process and offering various special programs including low down payment options. With decades of experience serving Johnson County residents, they provide the convenience of local underwriting and closing coordination combined with the benefits of credit union membership.
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Fairway Independent Mortgage Corporation - Overland Park
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation's Overland Park office, located just minutes from Lenexa, consistently ranks among the highest-rated mortgage lenders in the Kansas City metropolitan area. Their local loan officers have extensive experience serving Johnson County homebuyers and are known for their exceptional communication and competitive rate offerings. The company receives outstanding reviews for their efficient processing, transparent fee structure, and ability to close loans quickly. As a nationwide lender with strong local presence, they offer a comprehensive range of mortgage products while maintaining the personalized service of a local brokerage.
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Frequently Asked Questions
Common questions about mortgage lending in Lenexa, KS
What are the current average mortgage rates for homebuyers in Lenexa, KS?
Mortgage rates in Lenexa typically align with national averages but can vary based on local market conditions. As of recent data, 30-year fixed rates in the Kansas City metro area (including Lenexa) generally range from 6.5% to 7.25%, though rates fluctuate weekly. Working with a local Lenexa lender can provide the most current rate quotes and potential discounts specific to Johnson County properties.
Are there any first-time homebuyer programs specifically available in Lenexa?
Yes, Lenexa homebuyers can access several Kansas-specific programs including the Kansas Housing Resources Corporation's First Time Homebuyer Program, which offers competitive interest rates and down payment assistance. Additionally, Johnson County offers the HOME Investment Partnerships Program that provides down payment assistance to income-qualified buyers purchasing within the county, including Lenexa properties.
How does Lenexa's property tax rate affect my mortgage payments?
Lenexa's property tax rates are relatively moderate for Johnson County, currently around 1.3% to 1.5% of assessed value. This means for a $350,000 home, you can expect annual property taxes of approximately $4,500-$5,250, which will be included in your monthly mortgage escrow payment. Johnson County's stable tax base helps keep rates predictable for homeowners.
What special mortgage considerations should I know about buying in Lenexa's newer developments?
Many new construction homes in Lenexa developments like City Center or Prairie Creek may require specific builder-approved lenders and often have different financing timelines. You'll want to secure a construction-to-permanent loan and be aware that some developments have homeowner association fees that can affect your debt-to-income ratio calculation for mortgage qualification.
Are there any local down payment assistance programs for Lenexa teachers or city employees?
While Lenexa doesn't have city-specific mortgage programs, Johnson County offers the "Homes for Teachers" program providing down payment assistance to educators. Additionally, some local lenders partner with Lenexa employers to offer special mortgage products with reduced fees or more flexible underwriting for municipal employees, including those working for the City of Lenexa.
Nearby Cities
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Why Choose a Mortgage Lender in Lenexa?
Local Market Knowledge
Lenders who understand Lenexa'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 Lenexa and get competitive rates on your home loan.