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Bingham, NE

The Best Mortgage Lenders in Bingham, NE

Compare verified mortgage lenders serving Bingham, Nebraska. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.7
Avg Rating
255+
Reviews
10
Loan Types

Available Loan Programs in Bingham

Conventional
FHA
VA
USDA
Jumbo
Construction
Refinance
Construction-to-Permanent
Land Loans
Farm Loans

Featured Mortgage Lenders

1

Western States Bank Mortgage Team

Western States Bank

★★★★☆
4.8/5

Western States Bank has been serving the Nebraska Panhandle region for over two decades with exceptional mortgage services. As a community-focused bank with multiple branches throughout western Nebraska, they have deep roots in the Bingham area. Their mortgage team receives consistently high marks for personalized service, local market expertise, and competitive rates. They specialize in agricultural and rural property financing, making them particularly well-suited for Bingham residents. Customers praise their responsive communication and ability to navigate complex rural property transactions with ease.

Experience:25 years
Reviews:85 customer reviews
1824 Broadway, Scottsbluff, NE 69361

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinance
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2

Platte Valley Bank Mortgage Division

Platte Valley Bank

★★★★☆
4.7/5

Platte Valley Bank has established itself as a trusted mortgage lender throughout the Nebraska Panhandle, including service to Bingham and surrounding rural communities. With over two decades of experience, their mortgage specialists understand the unique needs of agricultural and rural homeowners. They offer specialized USDA rural development loans that are particularly beneficial for Bingham area residents. The bank is praised for its local decision-making, flexible underwriting, and commitment to the communities they serve. Their mortgage process is noted for being straightforward and transparent.

Experience:22 years
Reviews:92 customer reviews
123 East 16th Street, Scottsbluff, NE 69361

Loan Types:

ConventionalFHAVAUSDAConstruction-to-PermanentLand LoansRefinance
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3

First State Bank Mortgage Services

First State Bank

★★★★☆
4.6/5

First State Bank has been serving western Nebraska communities for three decades, with multiple locations strategically positioned to serve rural areas like Bingham. They have extensive experience with agricultural properties, rural home financing, and land loans that are common in the Bingham region. Their local loan officers have deep knowledge of the area's real estate market and can provide personalized service that larger national lenders cannot match. Customers consistently highlight their competitive rates, local expertise, and willingness to work with unique rural property situations that might challenge other lenders.

Experience:30 years
Reviews:78 customer reviews
202 Main Street, Bayard, NE 69334

Loan Types:

ConventionalFHAVAUSDAConstructionFarm LoansRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Bingham, NE

What are the typical down payment requirements for a home in Bingham, NE, given its rural market?

In Bingham's affordable rural market, many conventional loans are available with down payments as low as 3-5%. For properties that may be considered more unique or rural by lender standards, a larger down payment of 10-20% might be recommended to secure the best terms. Local lenders familiar with Sherman County properties can provide the most accurate assessment.

Are there any Nebraska-specific first-time homebuyer programs accessible to Bingham residents?

Yes, the Nebraska Investment Finance Authority (NIFA) offers several programs, including the Homeownership Loan Program with competitive interest rates and down payment assistance. Bingham buyers should work with a NIFA-approved lender, who can also advise on any county-specific grants or affordable housing initiatives that may occasionally be available in the region.

How does the appraisal process work for a home in a very small town like Bingham?

Appraisals in Bingham can be challenging due to the limited number of recent, comparable home sales ("comps"). Lenders often need to use comps from a wider geographic area, such as other towns in Sherman County, which may extend the timeline. An experienced local appraiser is crucial for accurately valuing properties in this market.

What should I know about property types and financing when looking at acreages or farms near Bingham?

Financing for properties with significant acreage (typically over 10 acres) often requires a specialized agricultural or rural loan product, rather than a standard residential mortgage. Lenders will closely scrutinize the land value versus the home value. It's essential to be upfront about the property details with your lender to find the correct loan program.

Are mortgage rates in Bingham, NE, different from the national average?

While national trends set the baseline, rates in Bingham can sometimes be slightly higher due to the smaller, less competitive local lending market and the perceived higher risk of rural properties. However, shopping around with both local community banks and regional lenders can help you find very competitive rates, especially if you have a strong financial profile.

Nearby Cities

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Why Choose a Mortgage Lender in Bingham?

Local Market Knowledge

Lenders who understand Bingham'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 Nebraska.

Ready to Find Your Perfect Mortgage Lender?

Connect with top-rated mortgage professionals in Bingham and get competitive rates on your home loan.