SSL Secured
Privacy Protected
Licensed & Regulated
MortgageLenderNearMe
Raymond, KS

The Best Mortgage Lenders in Raymond, KS

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

3
Top Lenders
4.7
Avg Rating
470+
Reviews
10
Loan Types

Available Loan Programs in Raymond

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

Featured Mortgage Lenders

1

Central National Bank

Central National Bank

★★★★☆
4.8/5

Central National Bank is a highly respected regional bank with deep roots in central Kansas, serving communities throughout the region including Raymond. With over 135 years of banking experience, they offer personalized mortgage services with local decision-making. Their mortgage team provides competitive rates on all major loan types and is known for exceptional customer service and community involvement. As a local institution, they understand the unique needs of rural Kansas homebuyers and offer specialized construction and agricultural property lending expertise.

Experience:25 years
Reviews:150 customer reviews
201 S Santa Fe Ave, Salina, KS 67401

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinance
Visit Website
2

Sunflower Bank

Sunflower Bank, N.A.

★★★★☆
4.7/5

Sunflower Bank has been serving Kansas communities for over 125 years and maintains a strong presence in central Kansas, including service to Raymond residents. They offer comprehensive mortgage solutions with a focus on personalized service and local underwriting. The bank is particularly noted for their first-time homebuyer programs and competitive USDA rural development loans, making them an excellent choice for Raymond area home purchases. Their experienced loan officers provide guidance through every step of the mortgage process with transparent communication.

Experience:20 years
Reviews:120 customer reviews
245 S Santa Fe Ave, Salina, KS 67401

Loan Types:

ConventionalFHAVAUSDAFirst-time HomebuyerRefinanceHome Equity
Visit Website
3

Capitol Federal Savings Bank

Capitol Federal Savings Bank

★★★★☆
4.6/5

Capitol Federal Savings Bank has been a trusted mortgage lender throughout Kansas for over 125 years, with a strong Salina branch that serves the Raymond area. Known for their "True Blue" commitment to customers, they offer competitive rates and straightforward mortgage processes. They specialize in both purchase and refinance loans with a reputation for reliability and excellent customer satisfaction. Their long-standing presence in Kansas communities ensures they understand local market conditions and can provide tailored mortgage solutions for rural and suburban properties.

Experience:30 years
Reviews:200 customer reviews
2450 Planet Ave, Salina, KS 67401

Loan Types:

ConventionalFHAVAJumboRefinanceHome Equity Lines
Visit Website

Frequently Asked Questions

Common questions about mortgage lending in Raymond, KS

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

Mortgage rates in Raymond typically align with national averages but can be slightly lower due to the rural nature of the area and lower overall risk for lenders. As of late 2024, you can expect 30-year fixed rates around 6.5-7% and 15-year fixed rates around 6-6.5%, though these vary by lender and borrower qualifications. Local credit unions like Credit Union of America often offer competitive rates for Rice County residents.

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

Yes, the Kansas Housing Resources Corporation (KHRC) offers first-time homebuyer programs like the First Time Homebuyer Program and Downpayment Assistance Program, which are available throughout Kansas including Raymond. These programs provide competitive interest rates and down payment assistance up to $15,000 for eligible buyers. Additionally, some local lenders may offer special programs for Rice County teachers, healthcare workers, or agricultural employees.

How does Raymond's rural location affect the mortgage approval process?

Raymond's rural classification can impact mortgage approval through USDA loans, which are widely available here and offer 100% financing with no down payment required. However, some lenders may require additional property inspections for rural homes, particularly for well and septic systems. Appraisals might take slightly longer due to fewer comparable properties in the immediate area compared to urban markets.

What types of properties in Raymond might qualify for agricultural or rural development loans?

USDA Rural Development loans are readily available for most properties in Raymond, given the town's population under 2,500. Properties on larger lots (typically 1-10 acres) often qualify, though working farms require specialized agricultural loans. The USDA program is ideal for modest single-family homes in town and surrounding areas, excluding income-producing farm operations which require different financing.

Are property taxes in Raymond typically factored into mortgage escrow accounts?

Yes, most lenders in Raymond will include property taxes in your escrow account, with Rice County property taxes averaging approximately 1.3-1.5% of home value annually. Given Raymond's location within multiple taxing jurisdictions (city, county, school district), lenders carefully calculate these amounts. The modest tax rates compared to urban Kansas areas help keep overall monthly payments more affordable for local homebuyers.

Mortgage Insights

Finding Your Guide: Why a Local FHA Loan Officer is Key to Buying a Home in Raymond, KS

If you're dreaming of owning a home in the quiet, close-knit community of Raymond, Kansas, you're likely exploring financing options that make that dream achievable. For many first-time buyers and those with modest savings, an FHA loan is a fantastic path forward. But here's the local secret: your success often hinges on finding the right FHA loan officer near you, not just any officer online. Here’s why that local connection matters for your Raymond home search and how to make the most of it.

In a smaller housing market like Raymond, properties can range from historic homes needing a little TLC to newer constructions on the outskirts. An FHA loan comes with specific property condition requirements (think peeling paint, roof condition, and safety standards). A loan officer familiar with Rice County and the surrounding area understands the common issues in local homes and can proactively guide you on what an FHA appraisal might flag. This insight can save you from the heartbreak of falling in love with a house that won't pass muster, allowing you to target realistic properties from the start.

Your search for an "FHA loan officer near me" should focus on professionals who know Kansas programs that can stack with your FHA loan. For example, the Kansas Housing Resources Corporation (KHRC) offers down payment assistance programs, like the *First Time Homebuyer Program*, which can be a perfect complement to your FHA financing. A knowledgeable local officer will be your advocate in navigating these combined resources, potentially covering your entire down payment and closing costs. This is a game-changer in making homeownership immediately accessible.

So, what actionable steps should you take? First, don't just search online—ask for referrals from local Raymond real estate agents. They work with these professionals daily and know who is efficient and communicative. Second, when you interview a potential loan officer, ask them directly: "Can you walk me through a recent FHA purchase you handled in Rice County?" Their answer will reveal their hands-on experience. Finally, choose someone who is willing to explain the unique aspects of the Kansas Real Estate Transfer Tax and how it affects your closing costs, ensuring there are no surprises.

Buying a home in Raymond is about investing in a peaceful, community-oriented lifestyle. Partnering with a local FHA loan expert does more than just process your paperwork; it connects you to a professional who understands the value of a front porch in a small town and is committed to helping you secure it. Start your search locally, ask the right questions, and leverage their knowledge of Kansas-specific benefits. Your perfect home on the Kansas plains is waiting, and the right local guide can help you open the door.

Nearby Cities

Explore mortgage lenders in cities near Raymond, KS

Why Choose a Mortgage Lender in Raymond?

Local Market Knowledge

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