The Best Mortgage Lenders in Harris, MO
Compare verified mortgage lenders serving Harris, Missouri. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Harris
Featured Mortgage Lenders
Farm Bureau Financial Services
Farm Bureau Financial Services
Farm Bureau Financial Services stands out as a top-rated mortgage lender serving the Harris area with exceptional customer satisfaction ratings. As part of the Missouri Farm Bureau Federation, they have deep roots in rural Missouri communities and understand the unique needs of homeowners in Sullivan County and surrounding areas. Their mortgage specialists offer personalized service with competitive rates on all major loan types, including USDA loans which are particularly relevant for rural properties near Harris. With over two decades of experience and an A+ rating from the Better Business Bureau, they provide reliable, local decision-making and have built a strong reputation for guiding clients through the entire mortgage process with expertise and care.
Loan Types:
Bank of Kirksville
Bank of Kirksville
Bank of Kirksville has been a trusted community banking institution serving Northeast Missouri for three decades, including the Harris area. As a locally-owned and operated bank, they offer the personalized service of a community bank with the full range of mortgage products found at larger institutions. Their mortgage team provides competitive rates and flexible terms, with particular expertise in construction and land loans that are valuable for rural property purchases. The bank maintains strong relationships with local real estate professionals and has extensive experience with the unique property considerations in Sullivan County. Their long-standing presence in the region ensures deep understanding of local market conditions and reliable, face-to-face service throughout the loan process.
Loan Types:
Regional Missouri Bank
Regional Missouri Bank
Regional Missouri Bank has built an excellent reputation serving the mortgage needs of Harris residents and surrounding communities in Northeast Missouri. Their experienced loan officers provide comprehensive mortgage services with a focus on building long-term relationships with clients. The bank offers competitive rates and specializes in rural housing loans, including USDA options that are particularly relevant for the Harris area. Their local decision-making process allows for faster approvals and personalized attention throughout the home buying journey. With strong community involvement and two decades of serving the region, they understand the local real estate market dynamics and provide reliable, transparent mortgage services backed by excellent customer reviews and high satisfaction ratings.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Harris, MO
What are the current mortgage rates like for homes in Harris, MO?
Mortgage rates in Harris typically align with national averages but can be slightly lower due to the rural nature of the area and lower property values. As of late 2023, you might find 30-year fixed rates around 6.5-7%, but it's crucial to shop local lenders like Community State Bank or regional credit unions for the most competitive Harris-specific rates.
Are there any first-time homebuyer programs specific to Harris or Sullivan County?
While Harris itself doesn't offer city-specific programs, Sullivan County participates in the Missouri Housing Development Commission (MHDC) programs. These include down payment assistance and favorable loan terms for qualifying first-time buyers in Harris, making homeownership more accessible in this rural market.
How does Harris's rural location affect the mortgage approval process?
Harris's rural classification can impact lending through USDA loan eligibility, which offers 100% financing for qualified buyers. However, some lenders may require additional property inspections due to the age of housing stock and rural infrastructure. Working with lenders experienced in rural Missouri properties is recommended.
What types of properties are most common in Harris and how does this affect loan options?
Harris features primarily single-family homes, many older properties, and some manufactured homes. This means you'll want to explore FHA 203(k) loans for renovation projects or USDA loans for rural properties. Conventional loans work well for updated homes, but manufactured homes may require specialized financing.
Are property taxes in Harris, MO considered when calculating mortgage affordability?
Yes, Sullivan County property taxes are relatively low compared to urban areas, typically around 0.85-1.0% of assessed value. This lower tax burden can improve your debt-to-income ratio calculation, potentially allowing you to qualify for a slightly higher mortgage amount in the Harris area.
Why Choose a Mortgage Lender in Harris?
Local Market Knowledge
Lenders who understand Harris'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 Missouri.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Harris and get competitive rates on your home loan.