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Milford, KS

The Best Mortgage Lenders in Milford, KS

Compare verified mortgage lenders serving Milford, Kansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.7
Avg Rating
750+
Reviews
9
Loan Types

Available Loan Programs in Milford

Conventional
FHA
VA
USDA
Jumbo
Construction
Refinance
First-time Homebuyer
Home Equity

Featured Mortgage Lenders

1

Emprise Bank Mortgage Team

Emprise Bank

★★★★☆
4.8/5

Emprise Bank stands out as one of Kansas's most respected regional mortgage lenders with deep roots in the Flint Hills region. Serving Milford and surrounding communities, they offer personalized service through local loan officers who understand rural and small-town property financing. Their exceptional 4.8 rating reflects consistent customer satisfaction with their competitive rates, transparent process, and expertise in agricultural and rural property lending. As a Kansas-based institution, they have specialized knowledge of local market conditions and offer both traditional banking services and comprehensive mortgage solutions.

Experience:25 years
Reviews:150 customer reviews
1500 Poyntz Avenue, Manhattan, KS 66502

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinance
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2

Capitol Federal Mortgage Division

Capitol Federal Savings Bank

★★★★☆
4.7/5

Capitol Federal (CapFed) is Kansas's largest mortgage lender with a legendary reputation for reliability and customer service. While headquartered in Topeka, they actively serve Milford and surrounding areas with specialized rural lending programs. Their 4.7 rating stems from decades of consistent performance, highly competitive rates, and exceptional customer experience. They offer unique advantages for Milford residents including USDA rural development loans, local underwriting, and mortgage specialists familiar with Geary County and Dickinson County property markets. Their long history and strong capital position ensure stable lending through all market conditions.

Experience:30 years
Reviews:400 customer reviews
700 Kansas Avenue, Topeka, KS 66603

Loan Types:

ConventionalFHAVAUSDAFirst-time HomebuyerRefinanceHome Equity
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3

Armed Forces Bank Mortgage Services

Armed Forces Bank

★★★★☆
4.6/5

Armed Forces Bank provides exceptional mortgage services to Milford residents, particularly benefiting those with military connections near Fort Riley. Their 4.6 rating reflects outstanding customer satisfaction with VA loan expertise, competitive conventional rates, and personalized service. They offer specialized knowledge of rural Kansas property financing and maintain strong relationships with local real estate professionals. While serving military families nationwide, they have deep roots in Kansas and understand the unique aspects of Milford area properties, including lakefront homes and rural acreage. Their digital mortgage platform combined with local expertise makes them a top choice for modern borrowers.

Experience:20 years
Reviews:200 customer reviews
2301 Grand Boulevard, Kansas City, MO 64108

Loan Types:

VAConventionalFHAUSDAJumboRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Milford, KS

What are the current average mortgage rates for homebuyers in Milford, KS?

Mortgage rates in Milford typically align with national averages but can vary based on local lenders and property types. As of recent data, 30-year fixed rates in the area generally range from 6.5% to 7.25%, though rural properties may see slightly higher rates. It's best to check with local Milford banks and credit unions for the most current rates and any special local promotions.

Are there any first-time homebuyer programs specifically available in Milford?

Yes, Milford homebuyers can access Kansas Housing Resources Corporation programs like the First Time Homebuyer Program and the Homeowner Rehabilitation Loan Program. These programs offer competitive interest rates, down payment assistance, and may have specific benefits for properties in smaller communities like Milford. Additionally, some local lenders offer special first-time buyer incentives for Milford residents.

How does Milford's location near the lake affect mortgage lending requirements?

Properties near Milford Lake may have different lending requirements due to flood zone considerations and higher insurance costs. Lenders typically require flood insurance for homes in designated flood zones, which can affect your debt-to-income ratio calculations. It's important to work with a lender experienced with Milford's waterfront properties to properly account for these additional costs.

What types of properties are most common for mortgage lending in Milford?

Milford primarily features single-family homes, rural properties, and some lakefront cottages or vacation homes. Lenders in the area are familiar with financing these property types, though rural properties may require different appraisal approaches. Manufactured homes on permanent foundations are also common and can be financed through specific loan programs available in Kansas.

Are there any local down payment assistance programs available for Milford homebuyers?

While Milford itself doesn't offer city-specific programs, homebuyers can utilize statewide programs through Kansas Housing, including the down payment assistance program that provides up to $15,000 in assistance. Some local employers and credit unions in the Milford area also offer special mortgage programs for their employees and members, often with reduced down payment requirements.

Mortgage Insights

Finding Your Perfect Fit: Why a Local Mortgage Broker is Your Key to Milford Homeownership

Searching for a "mortgage broker near me" in Milford, Kansas, is more than just a convenience—it's a strategic move for any serious homebuyer. While online lenders are a click away, the unique character of our local market demands a professional who understands its nuances. Milford offers a compelling blend of lakeside living, small-town charm, and proximity to larger hubs like Junction City and Fort Riley. Navigating this specific real estate landscape, from a cozy ranch near the water to acreage outside town, requires a guide who knows the lay of the land, literally and financially.

A local Milford mortgage broker brings invaluable insight to your search. They understand how properties near Milford Lake might be appraised differently, or the specific considerations for homes in the watershed area. They have established relationships with community banks and credit unions in Geary and Dickinson counties, institutions that often have a deeper appreciation for local property values and may offer more personalized underwriting. For military families connected to Fort Riley, a broker familiar with VA loans and the frequent relocation cycle can be an absolute lifesaver, ensuring a smooth and timely process.

From a state-wide perspective, Kansas offers several programs that a knowledgeable broker can help you access. The *Kansas Housing Resources Corporation (KHRC)* provides first-time homebuyer programs, including down payment assistance and competitive mortgage rates through its *First Time Homebuyer Program* and *Kansas Hero* program for veterans, teachers, firefighters, and healthcare workers. A local broker won't just tell you these exist; they'll help you determine if you qualify and seamlessly integrate them with your loan, something a distant online lender might overlook.

Your actionable advice starts with choosing the right broker. Don't just pick the first name in a search result. Ask potential brokers: "How many loans have you closed in the Milford area in the last year?" and "Which local lenders do you most frequently work with?" Inquire specifically about their experience with the types of properties you're considering and with any Kansas-specific assistance programs. A good broker will ask you detailed questions about your long-term goals and explain how different loan products fit Milford's market realities.

Finally, meet them face-to-face if possible. That local office means they are invested in the community's success as much as you are. They can provide referrals to trusted local inspectors, title companies, and insurance agents, creating a cohesive, supportive team for your purchase. In a market where every advantage counts, partnering with a Milford-area mortgage broker isn't just about finding a loan—it's about securing a knowledgeable advocate for your journey to owning a piece of this special Kansas community.

Nearby Cities

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Why Choose a Mortgage Lender in Milford?

Local Market Knowledge

Lenders who understand Milford'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 Milford and get competitive rates on your home loan.