The Best Mortgage Lenders in Unionville, MO
Compare verified mortgage lenders serving Unionville, Missouri. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Unionville
Featured Mortgage Lenders
Citizens Bank & Trust
Citizens Bank & Trust
As the primary local banking institution in Unionville with over a century of service, Citizens Bank & Trust offers deeply personalized mortgage lending with exceptional community knowledge. Their long-standing presence in Putnam County means they understand local property values and rural housing needs intimately. They provide competitive rates with the convenience of in-person service and local decision-making, making them the top choice for Unionville residents seeking traditional banking relationships and USDA rural development loans.
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Fidelity Mortgage
Fidelity Mortgage Specialists, Inc.
Serving northeast Missouri communities including Unionville for nearly three decades, Fidelity Mortgage has built an outstanding reputation for exceptional customer service and expertise in rural housing loans. Their specialization in USDA loans makes them particularly valuable for Unionville area homebuyers. With consistently high ratings and personalized service approach, they guide clients through the entire mortgage process with local underwriting and quick turnaround times, earning numerous positive reviews for their professionalism and competitive rates.
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Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
As one of the nation's largest mortgage lenders with a strong local presence in northeast Missouri, Fairway Independent Mortgage brings extensive resources and competitive pricing to Unionville homebuyers. Their Kirksville office serves the entire region with expertise in rural property financing and government-backed loans. With thousands of positive reviews nationwide and local loan officers who understand the Unionville market, they offer a perfect blend of national lending power with personalized local service, including specialized programs for first-time buyers and rural development loans.
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Frequently Asked Questions
Common questions about mortgage lending in Unionville, MO
Are there any special mortgage programs for first-time homebuyers in Unionville, MO?
Yes, the Missouri Housing Development Commission (MHDC) offers programs like the First Place Loan with competitive interest rates and down payment assistance, which are accessible to Unionville residents. These programs are particularly valuable in Putnam County, where median incomes are often lower than state averages, helping local buyers overcome initial cost barriers.
How do property taxes in Putnam County affect my monthly mortgage payment in Unionville?
Putnam County has relatively low property tax rates compared to urban Missouri areas, which can positively impact your total monthly payment. For accurate budgeting, consult the Putnam County Assessor's office for the specific mill levy on a property, as this will be factored into your escrow account managed by your mortgage lender.
What is a typical down payment needed for a home in Unionville's market?
While 20% down is standard to avoid mortgage insurance, many local lenders in the Unionville area work with buyers using conventional loans with 3-5% down or FHA loans with 3.5% down, especially given the area's more affordable home prices. For a typical Unionville home priced around $100,000, this translates to a much more manageable initial investment.
Are USDA Rural Development loans a viable option for mortgages in Unionville, MO?
Absolutely. Unionville and all of Putnam County are eligible for USDA Rural Development loans, which offer 100% financing (no down payment). This is a highly popular and practical option in the area, given its rural designation, and can be an excellent fit for moderate-income buyers looking at properties outside the city limits.
How does the appraisal process work for a unique or older home in Unionville's historic areas?
Appraising older or unique homes in Unionville requires a lender who uses an appraiser familiar with the local historic stock and rural property values. It's crucial to work with a local mortgage broker who understands the comparables in Putnam County to ensure the appraisal accurately reflects the home's value and avoids delays in closing.
Nearby Cities
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Why Choose a Mortgage Lender in Unionville?
Local Market Knowledge
Lenders who understand Unionville'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 Unionville and get competitive rates on your home loan.