The Best Mortgage Lenders in Utica, KS
Compare verified mortgage lenders serving Utica, Kansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Utica
Featured Mortgage Lenders
Mortgage Department
First National Bank of Hutchinson
First National Bank of Hutchinson is a highly respected community bank with deep roots in central Kansas, serving Utica and surrounding communities for over 135 years. Their mortgage department receives exceptional ratings for personalized service and local decision-making. As a community bank, they offer competitive rates with the advantage of local underwriting and processing, ensuring timely closings and responsive communication. Their loan officers have extensive experience with rural and agricultural properties common in the Utica area, making them particularly well-suited for local real estate needs.
Loan Types:
Mortgage Services
Credit Union of America
Credit Union of America serves members throughout Kansas, including Utica residents, with highly competitive mortgage rates and exceptional member service. As a not-for-profit financial cooperative, they consistently offer lower fees and more favorable terms than many traditional banks. Their mortgage team specializes in helping borrowers throughout rural Kansas communities, with particular expertise in USDA rural development loans that benefit Utica homebuyers. Members consistently praise their transparent process, knowledgeable loan officers, and commitment to finding the right mortgage solution for each borrower's unique situation.
Loan Types:
Home Mortgage Division
Emprise Bank
Emprise Bank is a regional community bank with strong presence throughout central Kansas, including service to Utica residents. Their mortgage division earns high marks for responsive service and competitive products tailored to Kansas homeowners. With over a century of community banking experience, they understand the unique aspects of rural Kansas real estate and offer specialized construction and lot loan programs that appeal to Utica area buyers. Their local loan officers provide personalized guidance through the entire mortgage process, from pre-approval to closing, with an emphasis on clear communication and timely execution.
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Frequently Asked Questions
Common questions about mortgage lending in Utica, KS
What are the current average mortgage rates in Utica, KS, and how do they compare to state averages?
Mortgage rates in Utica typically align closely with Kansas state averages, often ranging between 6.5% and 7.5% for 30-year fixed loans as of 2024. However, local lenders serving Rice County may offer competitive rates due to lower operational costs. It's advisable to compare offers from both local Utica banks and regional lenders for the best terms.
Are there any first-time homebuyer programs specifically available for Utica residents?
Yes, Utica homebuyers can access the Kansas Housing Resources Corporation's "First Time Homebuyer" program, which offers down payment assistance and competitive interest rates. Additionally, some local lenders in Rice County may have special programs for teachers, healthcare workers, or agricultural workers common in the Utica area.
How does Utica's rural location affect the mortgage approval process?
Utica's rural classification can impact lending through USDA Rural Development loans, which are widely available here and offer 100% financing. However, some conventional lenders may require additional property inspections or have stricter appraisal requirements due to the limited number of comparable home sales in the area.
What unique closing costs should I expect when buying a home in Utica?
Utica homebuyers should budget for typical Kansas closing costs plus potential rural-specific expenses like well and septic inspections, which typically cost $400-$600 combined. Title insurance and recording fees in Rice County are generally consistent with state averages, but you may encounter slightly higher survey costs due to larger rural property lots.
How long does the mortgage process typically take with Utica's local lenders?
The mortgage process with Utica-area lenders typically takes 30-45 days, similar to statewide timelines. However, working with local banks familiar with Rice County properties can sometimes streamline the process, while USDA loans (popular in this area) may add 5-10 additional days for rural development certification.
Why Choose a Mortgage Lender in Utica?
Local Market Knowledge
Lenders who understand Utica'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 Utica and get competitive rates on your home loan.