The Best Mortgage Lenders in Oxford, KS
Compare verified mortgage lenders serving Oxford, Kansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Oxford
Featured Mortgage Lenders
Brad Stout
American Mortgage & Financial Services
American Mortgage & Financial Services is one of the highest-rated mortgage brokers in the Wichita metropolitan area, serving clients throughout Kansas including Oxford. With over two decades of experience, they specialize in finding the right loan products for each client's unique situation. Their exceptional 4.9-star rating across multiple review platforms reflects their commitment to personalized service, competitive rates, and smooth closing processes. They are particularly noted for their expertise with first-time homebuyer programs and rural property financing, making them an excellent choice for Oxford residents.
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Scott R. Riddle
Fidelity Bank Mortgage
Fidelity Bank has been serving Kansas communities for over 20 years with a strong reputation for local decision-making and community-focused lending. As a regional bank with deep roots in Kansas, they understand the specific needs of rural communities like Oxford. Their mortgage team receives consistently high marks for responsiveness, local market knowledge, and competitive rate offerings. The bank's long-standing presence in the region ensures they have experienced lenders who understand agricultural properties and rural housing needs common in the Oxford area.
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Mortgage Department
Credit Union of America
Credit Union of America brings decades of financial service experience to mortgage lending throughout Kansas, including service to Oxford residents. As a member-owned financial cooperative, they consistently offer competitive rates and lower fees than many traditional banks. Their mortgage specialists are praised for providing personalized guidance through the entire home buying process, with particular strength in first-time homebuyer programs and VA loans. The credit union's not-for-profit structure allows them to focus on member satisfaction rather than shareholder profits, resulting in exceptional service ratings and customer loyalty.
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Frequently Asked Questions
Common questions about mortgage lending in Oxford, KS
What are the typical mortgage rates available for homebuyers in Oxford, KS?
Mortgage rates in Oxford generally align with national averages but can be slightly higher due to the rural nature of the area and smaller local lending market. As of 2024, conventional 30-year fixed rates typically range from 6.5% to 7.25%, though rates vary by lender, credit score, and loan type. Working with local lenders familiar with Sumner County can sometimes secure more competitive terms.
Are there any first-time homebuyer programs specifically available in Oxford?
Yes, Oxford homebuyers can access the Kansas Housing Resources Corporation's First-Time Homebuyer Program, which offers competitive interest rates and down payment assistance. Additionally, the USDA Rural Development loan program is particularly relevant for Oxford properties, offering 100% financing with no down payment required for eligible borrowers in this designated rural area.
How does Oxford's rural location affect the mortgage approval process?
Oxford's rural classification can impact appraisals, as comparable properties may be limited and appraisers might need to travel from larger cities, potentially adding time to the process. USDA loans are especially well-suited for Oxford properties, but lenders may require additional documentation to verify property viability in this agricultural community. Working with lenders experienced in rural Kansas mortgages can streamline this process.
What types of properties in Oxford might qualify for agricultural or farm loans?
Properties with acreage (typically 10+ acres) or agricultural income potential in the Oxford area may qualify for specialized farm loans through the Farm Service Agency or local agricultural lenders. However, standard residential mortgages apply to most homes within Oxford city limits. It's important to distinguish between residential and agricultural property purposes, as loan requirements differ significantly.
Are property taxes in Oxford, KS favorable for mortgage budgeting?
Sumner County property taxes are generally lower than state and national averages, making mortgage payments more affordable in Oxford. Current rates are approximately 1.1% of assessed value, which can significantly impact your overall housing payment calculation. However, property taxes are reassessed periodically, so it's wise to factor in potential increases when determining your long-term mortgage affordability.
Why Choose a Mortgage Lender in Oxford?
Local Market Knowledge
Lenders who understand Oxford'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 Oxford and get competitive rates on your home loan.