The Best Mortgage Lenders in Scammon, KS
Compare verified mortgage lenders serving Scammon, Kansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Scammon
Featured Mortgage Lenders
Arvest Bank Mortgage
Arvest Bank
Arvest Bank is a highly-regarded regional financial institution with deep roots in Southeast Kansas, serving Scammon and surrounding communities for over six decades. They maintain exceptional 4.8-star ratings across multiple platforms for their personalized mortgage services, competitive rates, and local decision-making capabilities. As a community-focused bank with multiple nearby branches, they offer the advantage of face-to-face service combined with comprehensive mortgage products including specialized rural and agricultural lending programs suited for the Scammon area.
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Community National Bank & Trust
Community National Bank & Trust of Kansas
With over 135 years of continuous service to Southeast Kansas, Community National Bank & Trust has established itself as one of the most trusted mortgage lenders in the region serving Scammon. They consistently earn 4.7-star ratings for their exceptional customer service, local underwriting, and deep understanding of rural Kansas property needs. Their mortgage team specializes in agricultural properties, rural development loans, and construction financing - making them particularly well-suited for Scammon residents seeking personalized, locally-based mortgage solutions.
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Gateway Mortgage Group
Gateway First Bank
Gateway First Bank (formerly Gateway Mortgage Group) has built a strong regional presence serving Kansas communities including Scammon with their specialized mortgage expertise. They maintain excellent 4.6-star ratings for their competitive rates, efficient processing, and knowledgeable loan officers familiar with Kansas rural housing markets. As a mortgage-focused institution with multiple Kansas locations, they offer digital convenience combined with local expertise, particularly strong in USDA rural development loans and FHA financing that benefit Scammon area homebuyers.
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Frequently Asked Questions
Common questions about mortgage lending in Scammon, KS
What are typical mortgage rates like for homes in Scammon, KS?
Mortgage rates in Scammon generally align with national averages, but local lenders may offer competitive rates for this rural market. Current rates for 30-year fixed mortgages typically range between 6.5-7.5%, though your specific rate will depend on credit score, down payment, and loan type. Working with local Kansas lenders familiar with Cherokee County can sometimes yield better terms.
Are there any first-time homebuyer programs specific to Scammon or Cherokee County?
Yes, the Kansas Housing Resources Corporation offers several statewide programs that Scammon residents can access, including down payment assistance and first-time homebuyer loans with favorable terms. Additionally, some local lenders in Southeast Kansas may offer special programs for rural homebuyers, including USDA loans which are particularly relevant for Scammon's rural location.
How does Scammon's rural location affect my mortgage options?
Scammon's rural designation makes you eligible for USDA loans, which offer 100% financing with no down payment required - a significant advantage for local buyers. These government-backed loans are specifically designed for rural areas like Scammon and can be more accessible than conventional loans for buyers with moderate incomes.
What should I know about property taxes when getting a mortgage in Scammon?
Cherokee County property taxes in Scammon are relatively moderate compared to urban Kansas areas, typically ranging from 1.1% to 1.4% of assessed value. Your lender will factor these taxes into your monthly mortgage payment through an escrow account. It's wise to review recent tax assessments on comparable Scammon properties during your home search.
Are there local lenders in Scammon who understand the specific market conditions?
While Scammon itself has limited banking institutions, several regional lenders in nearby cities like Columbus and Pittsburg have extensive experience with Cherokee County's real estate market. These local lenders understand Scammon's unique property values, which tend to be more affordable than state averages, and can provide personalized service for rural mortgage needs.
Why Choose a Mortgage Lender in Scammon?
Local Market Knowledge
Lenders who understand Scammon'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 Scammon and get competitive rates on your home loan.