The Best Mortgage Lenders in Saint Ann, MO
Compare verified mortgage lenders serving Saint Ann, Missouri. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Saint Ann
Featured Mortgage Lenders
Scott K. Sullenberger
USA Mortgage
USA Mortgage is one of the top-rated mortgage lenders in the St. Louis metropolitan area with an exceptional reputation for customer service and competitive rates. Founded in 2001, they have deep roots in the Missouri market and consistently receive outstanding reviews for their personalized approach to mortgage lending. Scott Sullenberger and his team specialize in guiding clients through the entire home financing process with expertise in all major loan programs. Their local underwriting and processing teams ensure smooth transactions, making them a preferred choice for Saint Ann homebuyers seeking reliable, local mortgage expertise with the backing of a well-established regional lender.
Loan Types:
Mortgage Department
First Community Credit Union
First Community Credit Union has been serving the St. Louis region since 1939 and is consistently ranked among the best mortgage lenders in Missouri and Illinois. As a member-owned financial institution, they offer highly competitive rates and personalized service to Saint Ann residents. Their mortgage team provides comprehensive guidance through the entire home financing process with particular strength in first-time homebuyer programs and VA loans. With multiple local branches and deep community involvement, FCCU combines the benefits of credit union membership with professional mortgage expertise, earning them exceptional customer satisfaction ratings throughout the St. Louis metropolitan area.
Loan Types:
Mortgage Lending Team
Paramount Bank
Paramount Bank has been a trusted St. Louis-based mortgage lender since 1996, building a strong reputation for competitive rates and exceptional customer service. They offer a comprehensive range of mortgage products with particular expertise in portfolio lending and customized financing solutions. Their local decision-making process and dedicated mortgage professionals provide Saint Ann homebuyers with efficient, personalized service from application through closing. Paramount Bank's commitment to the St. Louis community and their focus on building long-term client relationships have earned them consistently high ratings and make them a top choice for residential mortgage financing in the North County area.
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Frequently Asked Questions
Common questions about mortgage lending in Saint Ann, MO
What are the current average mortgage rates for homebuyers in Saint Ann, MO?
Mortgage rates in Saint Ann typically align with national averages but can be slightly lower due to Missouri's competitive lending market. As of recent data, 30-year fixed rates in the area range from 6.5% to 7%, though this varies by lender, credit score, and loan type. It's best to compare rates from local Saint Ann credit unions and regional banks for the most favorable terms.
Are there any first-time homebuyer programs specific to Saint Ann that can help with down payments?
Yes, Saint Ann homebuyers can access Missouri's First Place Loan Program, which offers competitive interest rates and down payment assistance. Additionally, the Missouri Housing Development Commission (MHDC) provides grants and affordable loan options that are applicable in Saint Ann. These programs are particularly valuable given Saint Ann's median home prices being below the St. Louis metropolitan average.
How does Saint Ann's property tax structure affect my mortgage payments?
Saint Ann has a property tax rate of approximately $9.70 per $100 of assessed value, which is relatively moderate for St. Louis County. This means your monthly mortgage payment will include a significant escrow portion for property taxes. Homebuyers should factor this into their budgeting, as it can add $200-$400 monthly to mortgage payments depending on home value.
What types of mortgage loans are most common for Saint Ann's housing market?
Conventional loans are most popular in Saint Ann, particularly since many homes fall below the conforming loan limits. FHA loans are also common for buyers with smaller down payments, given Saint Ann's affordable housing stock. VA loans see significant use due to the proximity to Lambert International Airport and military facilities in the region.
How do Saint Ann's flood zones impact mortgage requirements and insurance?
Several areas in Saint Ann, particularly near Coldwater Creek, may require flood insurance if you're using a federally-backed mortgage. Lenders will typically order a flood certification during the mortgage process. This additional insurance can cost $500-$1,200 annually, so it's important to factor this into your homebuying budget when considering properties in flood-prone areas.
Nearby Cities
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Why Choose a Mortgage Lender in Saint Ann?
Local Market Knowledge
Lenders who understand Saint Ann'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 Saint Ann and get competitive rates on your home loan.