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Simpson, KS

The Best Mortgage Lenders in Simpson, KS

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

3
Top Lenders
4.7
Avg Rating
429+
Reviews
10
Loan Types

Available Loan Programs in Simpson

Conventional
FHA
VA
USDA
Jumbo
Construction
Refinance
Construction-to-Permanent
Lot Loans
Home Equity

Featured Mortgage Lenders

1

Mark Nelson

First National Bank of Hutchinson

★★★★☆
4.8/5

First National Bank of Hutchinson is a highly-rated regional bank with strong presence throughout central Kansas, including Mitchell County where Simpson is located. With over 135 years of community banking experience, they offer personalized mortgage services with local underwriting and decision-making. Their mortgage team receives exceptional reviews for responsive communication, competitive rates, and deep understanding of rural Kansas property financing needs. As a community bank, they specialize in agricultural and rural residential lending, making them an ideal choice for Simpson area homeowners.

Experience:25 years
Reviews:125 customer reviews
15 East 1st Avenue, Hutchinson, KS 67501

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinance
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2

Scott Sproul

Central National Bank

★★★★☆
4.7/5

Central National Bank serves the entire north-central Kansas region including Simpson, with multiple branches throughout the area. They receive outstanding customer reviews for their knowledgeable mortgage specialists who understand rural property financing challenges. The bank offers competitive rates and specializes in agricultural and rural residential loans, including USDA loans that are particularly relevant for Simpson area borrowers. Their local loan officers provide personalized service with quick response times and flexible underwriting for unique property situations common in rural Kansas communities.

Experience:22 years
Reviews:89 customer reviews
100 North Santa Fe Avenue, Salina, KS 67401

Loan Types:

ConventionalFHAVAUSDAConstruction-to-PermanentLot LoansRefinance
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3

Mortgage Department

Capitol Federal Savings Bank

★★★★☆
4.6/5

Capitol Federal is a highly-regarded regional savings bank with strong presence throughout Kansas, including service to Simpson and surrounding Mitchell County. With over 125 years of mortgage lending experience, they receive excellent customer ratings for competitive rates, transparent fee structures, and reliable service. Their mortgage team specializes in both urban and rural Kansas properties and offers digital mortgage application options while maintaining local underwriting expertise. Customers consistently praise their straightforward process and commitment to finding the right loan products for individual needs, making them a trusted choice for Simpson area homebuyers.

Experience:30 years
Reviews:215 customer reviews
700 Kansas Avenue, Topeka, KS 66603

Loan Types:

ConventionalFHAVAJumboConstructionHome EquityRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Simpson, KS

What are the typical mortgage rates available for homebuyers in Simpson, KS?

Mortgage rates in Simpson are generally competitive with national averages, but local lenders may offer slightly different terms based on property types common in the area. For conventional 30-year fixed mortgages, rates typically range from 6.5% to 7.5% as of 2024, though this varies by lender and borrower qualifications. It's wise to compare offers from both local Simpson banks and regional lenders serving Dickinson County.

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

Yes, Simpson homebuyers can access Kansas Housing Resources Corporation programs like First Time Homebuyer Program and Homeowner Rehab & Repair Program. These programs offer competitive interest rates, down payment assistance, and closing cost help for qualifying buyers. Additionally, some local lenders in Dickinson County may offer special first-time buyer incentives with lower down payment requirements.

How does Simpson's rural location affect the mortgage process and property requirements?

Simpson's rural setting means lenders may require additional property inspections, particularly for well and septic systems since many homes aren't connected to municipal utilities. Appraisals might take slightly longer as comparable properties can be farther apart. Some lenders may also have specific requirements for agricultural land or properties with outbuildings common in the area.

What types of properties are most common for mortgage financing in Simpson?

Most mortgage financing in Simpson involves single-family homes, many of which are older properties built before 1980, and rural properties with larger lots. Manufactured homes on permanent foundations are also common and can be financed through specific loan programs. Lenders in the area are familiar with these property types and can guide buyers through any unique requirements.

Are there any local property tax considerations I should know about when getting a mortgage in Simpson?

Yes, Dickinson County property taxes are relatively moderate compared to urban areas, typically ranging from 1.1% to 1.4% of assessed value. Kansas offers several property tax relief programs for seniors, veterans, and disabled residents that can affect your overall housing costs. Your mortgage lender should help you estimate these taxes accurately for your escrow account calculations.

Mortgage Insights

Finding Your Perfect Mortgage Partner: A Guide to Lenders Near Simpson, KS

Searching for "lenders near me" is one of the most crucial steps in your Simpson homebuying journey. It’s about more than just proximity; it’s about finding a financial partner who understands our unique local market and can guide you through the process with expertise tailored to our community. In a smaller town like Simpson, the right local connection can make all the difference.

Simpson’s housing market offers a blend of charming historic homes and newer constructions, often at price points that are attractive compared to larger Kansas cities. However, this also means properties can be unique, and appraisals require a lender who works with appraisers familiar with our specific area. A local lender, whether from a community bank in nearby Liberty or a trusted mortgage broker who serves Montgomery County, brings that essential hyper-local knowledge. They understand the value of a well-maintained farmhouse on the edge of town or a solid brick home in the village center, ensuring the appraisal process supports a fair transaction.

When starting your search, think beyond big national banks. Prioritize lenders with a physical presence in or near Simpson. This isn't just about convenience for dropping off paperwork; it's about accountability and relationships. A loan officer you can meet for coffee at the local diner has a vested interest in the community's well-being and your long-term satisfaction. They are also your best resource for navigating Kansas-specific homebuyer programs. For instance, ask every lender you interview about the Kansas Housing Resources Corporation (KHRC) programs. KHRC offers valuable down payment assistance and competitive first mortgage options, like the First Home Program, which can be a game-changer for first-time and repeat buyers in Simpson. A local expert will know how to seamlessly integrate these state resources with your loan.

Your actionable first step is to create a shortlist of three potential lenders. Include at least one local community bank or credit union, one reputable mortgage broker, and perhaps one regional lender with strong Kansas ties. When you speak with them, ask specific questions: "How many homes have you financed in Montgomery County in the last year?" "Can you walk me through the KHRC eligibility and process?" "How do you handle appraisals for properties with unique features or acreage near Simpson?" Their answers will reveal their local fluency.

Finally, remember that in Simpson, word-of-mouth is powerful. Talk to your real estate agent—they’ll have firsthand experience with which lenders close smoothly and on time. Chat with neighbors or colleagues who have recently purchased. Their personal referrals can lead you to a lender who not only offers great rates but also provides the personalized, attentive service that turns the complex process of getting a mortgage into a confident stride toward owning your piece of Kansas.

Nearby Cities

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Why Choose a Mortgage Lender in Simpson?

Local Market Knowledge

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