The Best Mortgage Lenders in Rexford, KS
Compare verified mortgage lenders serving Rexford, Kansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Rexford
Featured Mortgage Lenders
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is a top-rated lender with over 28 years of experience, known for exceptional customer service and competitive mortgage rates. They have a strong local presence in Kansas, including service to Rexford, and are highly regarded for their wide range of loan options, reliability, and community involvement. Their Hays office provides personalized support for homebuyers in rural areas.
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New American Funding
New American Funding
New American Funding is a reputable mortgage lender with 21 years of experience, offering competitive rates and a focus on customer satisfaction. They serve Rexford and surrounding areas through their nationwide network, providing specialized loan programs for diverse needs. Their high ratings reflect a commitment to efficient service and support for rural communities.
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LoanDepot
LoanDepot, LLC
LoanDepot is a modern mortgage lender with 14 years of experience, known for its user-friendly online platform and competitive loan options. They serve Rexford and Kansas residents with a streamlined application process and have built a solid reputation for accessibility and customer care, making them a reliable choice for home financing.
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Frequently Asked Questions
Common questions about mortgage lending in Rexford, KS
What are current mortgage rates like in Rexford, KS compared to the national average?
Mortgage rates in Rexford typically align closely with national averages, but rural Kansas lenders sometimes offer slightly competitive rates due to lower operational costs. As of recent trends, you can expect conventional 30-year fixed rates within 0.125% of national averages. Local lenders like Citizens State Bank and First State Bank can provide personalized rate quotes specific to Stafford County.
Are there any first-time homebuyer programs specifically available for Rexford residents?
Yes, Rexford homebuyers can access the statewide "First Time Home Buyer Program" through the Kansas Housing Resources Corporation (KHRC), which offers competitive interest rates and down payment assistance. Additionally, some local lenders may offer special programs for agricultural and rural community members. These programs are particularly valuable given Rexford's modest median home prices.
How does Rexford's rural location affect the mortgage approval process?
Rexford's rural designation can impact appraisals, as comparable properties may be limited in this small agricultural community. Lenders may require appraisers with specific rural market expertise, which could slightly extend the closing timeline. However, USDA Rural Development loans are particularly well-suited for Rexford properties and offer 100% financing options.
What types of properties in Rexford qualify for USDA Rural Development loans?
Most residential properties within Rexford's city limits qualify for USDA loans, given the town's population under 2,500 and rural designation. This includes single-family homes, manufactured homes on permanent foundations, and some condominiums. The USDA program is ideal for Rexford buyers since it requires no down payment and offers below-market interest rates.
Are there local property tax considerations I should know about when getting a mortgage in Rexford?
Stafford County property taxes are relatively affordable compared to urban Kansas areas, typically ranging from 1.2% to 1.5% of assessed value. Rexford homeowners should note that agricultural land valuations differ significantly from residential, which can affect property tax calculations. Your lender will help estimate escrow payments based on specific property characteristics in the area.
Why Choose a Mortgage Lender in Rexford?
Local Market Knowledge
Lenders who understand Rexford'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 Rexford and get competitive rates on your home loan.