SSL Secured
Privacy Protected
Licensed & Regulated
MortgageLenderNearMe
Peabody, KS

The Best Mortgage Lenders in Peabody, KS

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

3
Top Lenders
4.8
Avg Rating
470+
Reviews
8
Loan Types

Available Loan Programs in Peabody

Conventional
FHA
VA
USDA
Jumbo
Construction
Refinance
First-time Homebuyer

Featured Mortgage Lenders

1

Chris Gottschalk

Fidelity Bank

★★★★☆
4.8/5

Fidelity Bank is one of Kansas' most established and highly-rated regional financial institutions with a strong presence throughout the state. While headquartered in Wichita, they actively serve clients across Kansas including Peabody residents. They are particularly praised for their personalized service, local underwriting decisions, and comprehensive mortgage options including specialized rural and agricultural lending programs. Their long history and community-focused approach make them a top choice for Marion County homebuyers seeking reliable, local mortgage expertise with the stability of a century-old institution.

Experience:25 years
Reviews:150 customer reviews
100 N Main St, Wichita, KS 67202

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinance
Visit Website
2

Mortgage Department

Emprise Bank

★★★★☆
4.7/5

Emprise Bank has built an outstanding reputation across Kansas for mortgage lending with particular strength in serving rural communities like Peabody. Their mortgage team receives consistent praise for competitive rates, transparent communication, and expertise with USDA rural development loans that are particularly relevant for Peabody homebuyers. As a Kansas-based community bank with over a century of service, they understand the local market dynamics and provide personalized guidance throughout the entire mortgage process with local decision-making authority.

Experience:20+ years
Reviews:120 customer reviews
150 N Main St, Wichita, KS 67202

Loan Types:

ConventionalFHAVAUSDAFirst-time HomebuyerConstructionRefinance
Visit Website
3

Mortgage Solutions Team

Meritrust Credit Union

★★★★☆
4.8/5

Meritrust Credit Union consistently ranks among the highest-rated mortgage lenders in Kansas with exceptional customer satisfaction scores. While based in Wichita, they serve members throughout Kansas including Peabody residents who can join through community membership. They are particularly noted for their competitive interest rates, low closing costs, and exceptional member service. Their mortgage specialists receive extensive training in rural lending programs and are praised for making the complex mortgage process straightforward and stress-free for borrowers across the state.

Experience:15+ years
Reviews:200 customer reviews
300 S Main St, Wichita, KS 67202

Loan Types:

ConventionalFHAVAUSDAFirst-time HomebuyerJumboRefinance
Visit Website

Frequently Asked Questions

Common questions about mortgage lending in Peabody, KS

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

Mortgage rates in Peabody typically align with national averages but can vary based on local lender competition. Currently, 30-year fixed rates in the area range from 6.5% to 7.25%, though rates may be slightly lower for USDA loans which are popular in this rural community. It's best to check with local Peabody banks and credit unions for the most accurate, personalized rates.

Are there any special mortgage programs for first-time homebuyers in Peabody?

Yes, Peabody homebuyers can access Kansas Housing Resources Corporation's first-time homebuyer programs, which offer competitive interest rates and down payment assistance. Additionally, the USDA Rural Development loan program is particularly relevant for Peabody properties since the city qualifies as a rural area, offering 100% financing with no down payment required for eligible borrowers.

How does Peabody's rural location affect my mortgage options?

Peabody's rural designation makes USDA loans widely available, which is a significant advantage for qualified buyers. Local lenders are also familiar with appraising rural properties and dealing with well and septic systems, which are common in the area. However, you may find fewer mortgage lenders physically located in Peabody, requiring you to work with regional banks or online lenders serving rural Kansas.

What should I know about property taxes when getting a mortgage in Peabody?

Marion County property taxes in Peabody are relatively affordable compared to urban areas in Kansas, currently averaging around 1.2% of assessed value. Your mortgage lender will factor these taxes into your monthly payment through an escrow account. It's important to note that property assessments in Peabody may be lower than in larger cities, which can positively impact your debt-to-income ratio calculation.

Are there any local down payment assistance programs specific to Peabody homebuyers?

While Peabody itself doesn't offer city-specific down payment programs, buyers can access statewide Kansas programs like the First Time Homebuyer Program and Down Payment Assistance Program. Some local employers and agricultural businesses in the Peabody area may also offer housing assistance to employees, so it's worth inquiring with your employer about potential homebuyer benefits.

Nearby Cities

Explore mortgage lenders in cities near Peabody, KS

Why Choose a Mortgage Lender in Peabody?

Local Market Knowledge

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