The Best Mortgage Lenders in Moscow, KS
Compare verified mortgage lenders serving Moscow, Kansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Moscow
Featured Mortgage Lenders
Fairway Independent Mortgage
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage is a top-rated lender known for its exceptional customer service and competitive rates, serving rural communities like Moscow through its Garden City branch. With over 28 years of experience, they specialize in USDA loans ideal for Kansas agricultural areas, offering personalized support and a streamlined process. High customer satisfaction scores and numerous industry awards make them a trusted choice for homebuyers in southwestern Kansas.
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New American Funding
New American Funding, LLC
New American Funding is a highly reputable lender with a strong presence in Kansas, offering tailored solutions for Moscow residents through its Liberal office. Founded in 2003, they excel in providing affordable mortgage options, including USDA and VA loans, with a focus on first-time homebuyers and diverse communities. Their high rating reflects consistent reliability, fast closings, and dedicated local support, backed by thousands of positive reviews nationwide.
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Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a leading mortgage lender with a robust regional network, serving Moscow from its Dodge City location. Established in 2000, they are praised for competitive rates, digital efficiency, and expert guidance on various loan types, including USDA loans suited for rural Kansas. With nearly 24 years of experience, they maintain a 4.9 rating due to transparent processes, quick approvals, and a commitment to customer satisfaction, making them a preferred choice in the area.
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Frequently Asked Questions
Common questions about mortgage lending in Moscow, KS
What are the typical mortgage rates available for homebuyers in Moscow, KS?
Mortgage rates in Moscow, KS, are generally competitive with national averages, but local lenders may offer slightly different terms based on the rural nature of the area. As of recent trends, 30-year fixed rates often range between 6.5% and 7%, but it's best to check with local banks or credit unions like United Bank & Trust for personalized quotes. Factors like credit score and down payment can influence your specific rate.
Are there any first-time homebuyer programs specific to Moscow, KS?
While Moscow itself doesn't have city-specific programs, Kansas offers statewide assistance such as the Kansas Housing Resources Corporation's (KHRC) First Time Homebuyer Program. This program provides down payment assistance and affordable fixed-rate mortgages, which can be especially helpful in smaller markets like Moscow where income levels may be modest. Additionally, some local lenders may offer special incentives for first-time buyers.
How does the rural location of Moscow, KS, impact the mortgage process?
Moscow's rural setting can affect appraisals and property eligibility, as some lenders may have stricter requirements for homes in less populated areas. USDA loans are a popular option here since much of Stevens County, including Moscow, is eligible for USDA rural development loans, which offer 100% financing. It's important to work with a lender familiar with rural properties to navigate any unique appraisal or inspection considerations.
What types of properties are common in Moscow, and how does that influence loan options?
Moscow features primarily single-family homes, older properties, and some agricultural or large-lot homes, which can influence loan choices. For example, FHA and conventional loans work well for standard homes, but if you're looking at a property with acreage or outbuildings, a local agricultural lender might be needed. Be prepared for potential additional inspections if considering an older home common in this area.
Are property taxes in Moscow, KS, favorable for homeowners seeking a mortgage?
Yes, Stevens County, where Moscow is located, has relatively low property tax rates compared to urban areas in Kansas, which can make homeownership more affordable. This lower tax burden can improve your debt-to-income ratio, making it easier to qualify for a mortgage. Always verify the exact tax amount for a specific property, as rates can vary slightly based on assessed value and local levies.
Why Choose a Mortgage Lender in Moscow?
Local Market Knowledge
Lenders who understand Moscow'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 Moscow and get competitive rates on your home loan.