The Best Mortgage Lenders in Lincolnville, KS
Compare verified mortgage lenders serving Lincolnville, Kansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Lincolnville
Featured Mortgage Lenders
Emprise Bank Mortgage Team
Emprise Bank
Emprise Bank is a highly-rated regional bank with strong roots throughout Kansas, including service to rural communities like Lincolnville. They offer personalized mortgage services with local decision-making and have built an excellent reputation for customer service. Their mortgage team specializes in agricultural and rural property financing, making them particularly well-suited for Lincolnville residents. With competitive rates and a wide range of loan products, they provide comprehensive mortgage solutions with the personal touch of a community bank.
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Fidelity Mortgage
Fidelity Mortgage, Inc.
Fidelity Mortgage has been serving central Kansas communities for over three decades, including Lincolnville and surrounding areas. They are known for their exceptional customer service and expertise in rural Kansas real estate financing. The company maintains strong relationships with local real estate professionals and offers competitive rates with flexible underwriting. Their specialization in USDA and rural development loans makes them an excellent choice for Lincolnville homebuyers seeking financing in a rural community.
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CrossCountry Mortgage
CrossCountry Mortgage, LLC
CrossCountry Mortgage has a strong presence in Kansas with local loan officers who understand the Lincolnville market. They combine the resources of a national lender with personalized local service, offering competitive rates and a wide variety of loan programs. Their expertise in rural financing and USDA loans makes them well-suited for Lincolnville homebuyers. The company receives consistently high marks for their responsive communication throughout the loan process and their ability to close loans efficiently.
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Frequently Asked Questions
Common questions about mortgage lending in Lincolnville, KS
What are the current average mortgage rates in Lincolnville, KS, and how do they compare to state averages?
Mortgage rates in Lincolnville typically align closely with Kansas state averages, currently ranging from 6.5% to 7.2% for 30-year fixed loans. However, local lenders like Citizens State Bank and Emprise Bank may offer competitive rates specific to the Lincolnville area. It's wise to compare both local and online lenders, as rural markets can sometimes have slightly higher rates due to smaller lending pools.
Are there any first-time homebuyer programs specifically available for Lincolnville residents?
Yes, Lincolnville homebuyers can access Kansas Housing Resources Corporation's programs, including the First Time Homebuyer Program and down payment assistance. Additionally, some local lenders offer special terms for first-time buyers in Marion County. These programs can help with lower down payments and competitive interest rates, making homeownership more accessible in our small community.
How does Lincolnville's rural location affect the mortgage approval process?
Lincolnville's rural classification can impact appraisals, as comparable home sales may be limited in our small community. Lenders might require appraisers from larger nearby cities like Salina or McPherson. Additionally, some government-backed loans (like USDA loans) are particularly well-suited for Lincolnville given its rural designation, potentially offering 100% financing options.
What types of properties in Lincolnville might qualify for USDA rural housing loans?
Most properties within Lincolnville city limits and surrounding Marion County qualify for USDA loans, which require no down payment. This includes single-family homes, townhouses, and approved condos that meet USDA property standards. Given Lincolnville's population under 300, nearly the entire area is eligible for these beneficial rural development loans.
Are there local property tax considerations in Lincolnville that affect mortgage payments?
Marion County property taxes in Lincolnville are relatively moderate compared to urban Kansas areas, currently around 1.2% of assessed value. However, property taxes are included in your monthly mortgage payment through escrow, so lenders will factor this into your debt-to-income ratio. Recent agricultural land value changes in the county can indirectly affect residential tax rates over time.
Nearby Cities
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Why Choose a Mortgage Lender in Lincolnville?
Local Market Knowledge
Lenders who understand Lincolnville'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 Lincolnville and get competitive rates on your home loan.