The Best Mortgage Lenders in Levant, KS
Compare verified mortgage lenders serving Levant, Kansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Levant
Featured Mortgage Lenders
First National Bank of Colby
First National Bank of Colby
First National Bank of Colby is a highly respected local institution with over a century of service in Thomas County and surrounding areas, including Levant. Known for its exceptional customer service and deep community roots, the bank offers personalized mortgage solutions with competitive rates. It maintains a 4.8-star rating from customers who praise its reliability, transparency, and efficient loan processing. As a FDIC-insured bank, it provides a full range of mortgage products, making it a top choice for homebuyers in rural Kansas seeking trusted, local expertise.
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High Plains Bank
High Plains Bank
High Plains Bank has been a cornerstone of western Kansas banking for over a century, serving Levant and nearby communities with a strong focus on agricultural and residential lending. With a 4.5-star rating, it is praised for its friendly staff, flexible loan terms, and commitment to local values. The bank offers a variety of mortgage options tailored to rural homebuyers, including USDA loans ideal for the Levant area. Its long-standing presence and adherence to high ethical standards make it a reliable choice for mortgages in the region.
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Pioneer Credit Union
Pioneer Credit Union
Pioneer Credit Union is a member-focused financial cooperative serving multiple counties in Kansas, including Thomas County where Levant is located. With a 4.6-star rating, it is renowned for its competitive rates, low fees, and exceptional member service. The credit union offers specialized mortgage programs for first-time homebuyers and rural properties, backed by a team of local experts who understand the unique needs of the area. Its not-for-profit structure and community involvement have built a strong reputation for trustworthiness and customer satisfaction in western Kansas.
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Frequently Asked Questions
Common questions about mortgage lending in Levant, KS
What are the typical mortgage rates available for homebuyers in Levant, KS?
Mortgage rates in Levant generally align with national averages, but local lenders may offer competitive rates for rural properties common in this area. Currently, 30-year fixed rates typically range from 6.5% to 7.5%, though this varies by lender, credit score, and loan type. Working with a local Kansas lender familiar with Thomas County properties can often secure the best terms.
Are there any special mortgage programs for first-time homebuyers in Levant?
Yes, Kansas Housing Resources Corporation offers several first-time homebuyer programs that are accessible in Levant, including down payment assistance and competitive rate loans. The "First Time Homebuyer Program" provides affordable financing options specifically designed for rural communities like Levant. Additionally, some local lenders may offer special programs for Thomas County residents purchasing their first home.
How does Levant's rural location affect the mortgage process and property appraisal?
Levant's rural setting means appraisals may require specialized appraisers familiar with agricultural and rural residential properties, which can slightly extend the timeline. Lenders may have specific requirements for properties with wells, septic systems, or larger land parcels common in the area. It's important to work with lenders experienced in rural Kansas properties to ensure a smooth process.
What types of properties are most common for mortgage financing in Levant?
Most mortgage financing in Levant involves single-family homes on larger lots, farmettes, and rural residential properties. USDA loans are particularly popular since Levant qualifies as a rural area, offering 100% financing options. Conventional and FHA loans are also available, though properties must meet specific standards that can be more challenging for older rural homes.
Are there any local property tax considerations I should know about when getting a mortgage in Levant?
Thomas County property taxes are generally lower than urban areas, typically ranging from 1.1% to 1.4% of assessed value. Kansas offers several property tax relief programs for homeowners, including the Homestead Refund for low-income seniors and disabled residents. Your lender will help estimate property taxes and include them in your monthly mortgage payment through an escrow account.
Why Choose a Mortgage Lender in Levant?
Local Market Knowledge
Lenders who understand Levant'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 Levant and get competitive rates on your home loan.