The Best Mortgage Lenders in Winona, KS
Compare verified mortgage lenders serving Winona, Kansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Winona
Featured Mortgage Lenders
American State Bank & Trust Company
American State Bank & Trust Company
American State Bank & Trust Company is a highly-rated regional bank serving northwest Kansas communities including Winona. With over 25 years of experience, they offer personalized mortgage services with local decision-making. Their strong reputation stems from competitive rates, flexible loan options, and deep community involvement. As a local bank, they understand the unique needs of rural Kansas homeowners and provide tailored solutions for both purchase and refinance transactions.
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First Heritage Mortgage
First Heritage Mortgage
First Heritage Mortgage has built an excellent reputation across western Kansas with two decades of mortgage lending experience. They specialize in serving rural communities like Winona and offer comprehensive loan programs including USDA loans ideal for the area. Their team provides personalized guidance through the entire mortgage process, with particular expertise in first-time homebuyer programs and government-backed loans. Customers consistently praise their responsive service and competitive rates.
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Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation - Goodland
Fairway Independent Mortgage Corporation's Goodland office serves the Winona area with exceptional mortgage services and consistently high customer satisfaction ratings. As part of a nationally recognized mortgage lender, they combine local expertise with extensive resources to offer competitive rates and efficient processing. Their loan officers have deep knowledge of rural Kansas mortgage needs and specialize in USDA loans, which are particularly relevant for Winona residents. The company receives outstanding reviews for their communication and closing efficiency.
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Frequently Asked Questions
Common questions about mortgage lending in Winona, KS
What are the current average mortgage rates for homebuyers in Winona, KS?
Mortgage rates in Winona typically align with national averages but can vary based on local lender competition. Currently, 30-year fixed rates range between 6.5-7% in the area, though rural properties might see slightly higher rates. It's best to check with local Kansas lenders like First National Bank of Syracuse or Community National Bank for the most accurate Winona-specific rates.
Are there any first-time homebuyer programs specifically available in Winona?
Yes, Winona homebuyers can access Kansas Housing Resources Corporation's first-time homebuyer programs, which offer down payment assistance and competitive interest rates. Additionally, some local lenders may offer special programs for Winona residents purchasing within the city limits. These programs are particularly valuable given Winona's affordable housing market.
How does Winona's rural location affect the mortgage approval process?
Winona's rural classification can impact appraisals since comparable properties may be limited in the immediate area. Lenders might require additional documentation about property condition and may consider properties further away for comparables. USDA loans are particularly popular in Winona since the entire area qualifies for this zero-down-payment rural development program.
What types of properties typically qualify for mortgages in Winona's real estate market?
Most Winona properties qualify for conventional financing, though older homes or agricultural-style properties might require specialized loans. Given Winona's small population and rural character, lenders are accustomed to evaluating unique property types common in western Kansas. Manufactured homes on permanent foundations are also frequently financed in the area.
Are there local property tax considerations that affect mortgage payments in Winona?
Yes, Logan County property taxes are relatively moderate compared to urban Kansas areas, typically ranging from 1.1-1.4% of assessed value. These taxes are escrowed into your monthly mortgage payment, and lenders will verify the specific tax rate for the exact Winona property location during underwriting. Current mill levies can be confirmed through the Logan County Treasurer's office.
Why Choose a Mortgage Lender in Winona?
Local Market Knowledge
Lenders who understand Winona'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 Winona and get competitive rates on your home loan.