The Best Mortgage Lenders in Victoria, KS
Compare verified mortgage lenders serving Victoria, Kansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Victoria
Featured Mortgage Lenders
Emprise Bank
Emprise Bank
Emprise Bank is a highly-rated regional bank with over a century of experience serving Kansas communities, including Victoria. They are known for personalized mortgage services, competitive rates, and strong local presence through their Hays branch. With excellent customer satisfaction scores and a wide range of loan options, they provide reliable and tailored financing solutions for homebuyers in the area.
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Sunflower Bank
Sunflower Bank, N.A.
Sunflower Bank has been a trusted lender in Kansas for over 130 years, offering comprehensive mortgage products with a focus on community service. Their Hays branch conveniently serves Victoria residents, providing competitive rates, flexible terms, and exceptional customer support. Their long-standing reputation and high ratings make them a top choice for home financing in the region.
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Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a top-rated national mortgage lender with a strong track record of serving Kansas, including Victoria. Founded in 2000, they are renowned for competitive rates, efficient online processes, and high customer satisfaction. With local loan officers available for personalized service, they offer a wide array of loan types and are praised for their fast closings and reliable support.
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Frequently Asked Questions
Common questions about mortgage lending in Victoria, KS
What are the current average mortgage rates for homebuyers in Victoria, KS?
Mortgage rates in Victoria typically align with national averages but can be slightly lower due to the rural nature of the area and lower cost of living. As of late 2024, 30-year fixed rates generally range between 6.5-7% for qualified buyers. It's best to check with local lenders like Victoria State Bank or First Kansas Bank for the most current rates and any special local promotions.
Are there any first-time homebuyer programs specifically available in Victoria, KS?
Yes, Victoria homebuyers can access statewide Kansas programs like the First Time Homebuyer Program through Kansas Housing Resources Corporation, which offers competitive interest rates and down payment assistance. Some local lenders may also offer special programs for Victoria residents, particularly given the area's affordable housing market with median home prices around $150,000.
How does Victoria's rural location affect the mortgage approval process?
Victoria's rural setting can impact appraisals since comparable properties may be limited, potentially requiring appraisers to look at nearby towns like Hays or Russell. USDA loans are particularly advantageous here as most of Ellis County, including Victoria, qualifies for USDA rural development loans which offer 100% financing with no down payment required.
What types of properties are most common in Victoria's mortgage market?
Victoria's mortgage market primarily consists of single-family homes, many of which are older properties with historic character, along with some newer construction on the outskirts. You'll find many homes built in the early to mid-20th century, which may require additional inspection considerations but often come at very affordable price points compared to larger Kansas cities.
Are property taxes in Victoria, KS typically included in mortgage escrow accounts?
Yes, most Victoria lenders include Ellis County property taxes in escrow accounts, with current rates averaging approximately 1.3% of assessed value. Victoria's property taxes are generally lower than state average, making monthly mortgage payments more manageable. Your lender will calculate these based on the specific property's assessed value and include them in your monthly payment.
Why Choose a Mortgage Lender in Victoria?
Local Market Knowledge
Lenders who understand Victoria'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 Victoria and get competitive rates on your home loan.