The Best Mortgage Lenders in Exeter, NE
Compare verified mortgage lenders serving Exeter, Nebraska. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Exeter
Featured Mortgage Lenders
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a top-rated national mortgage lender with a strong presence in Nebraska, known for its competitive rates, efficient online application process, and exceptional customer service. With over two decades of experience, they offer a wide range of loan products and have consistently high ratings for their responsiveness and transparency, making them a reliable choice for homebuyers in Exeter and surrounding areas.
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New American Funding
New American Funding, LLC
New American Funding is a highly regarded mortgage lender that serves Nebraska communities, including Exeter, with a focus on diversity and customer satisfaction. They provide personalized service, competitive rates, and a variety of loan options, backed by over 20 years of experience. Their commitment to education and support for borrowers has earned them strong reviews and a reputation for reliability.
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loanDepot
loanDepot, LLC
loanDepot is a leading non-bank mortgage lender known for its innovative technology and competitive pricing, serving Exeter and throughout Nebraska. With a decade and a half of experience, they offer a seamless digital mortgage process alongside personalized support, resulting in high customer satisfaction scores. Their extensive loan portfolio and efficient service make them a popular choice for both first-time and experienced homebuyers.
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Frequently Asked Questions
Common questions about mortgage lending in Exeter, NE
What are typical down payment requirements for homes in Exeter, NE, given the local market?
In Exeter's affordable market, where median home prices are well below national averages, many conventional loans can be secured with a 5% down payment. For homes under $200,000, this translates to a very manageable $10,000-$15,000. Local lenders are also familiar with USDA Rural Development loans, which offer 0% down payment options for eligible properties and buyers in this designated rural area.
Are there any local or state-specific first-time homebuyer programs beneficial for Exeter residents?
Yes, Nebraska offers the **NIFA Homeownership Loan Program**, which is highly accessible for Exeter buyers. This program provides competitive fixed-rate mortgages, down payment assistance, and federal tax credits to reduce your federal tax liability. Given Exeter's home prices, these programs can make homeownership exceptionally affordable for qualifying first-time buyers.
How does Exeter's rural location affect my mortgage options and lender choice?
Exeter's rural designation expands your options to include **USDA Guaranteed Loans**, a key program for the area that requires no down payment. While you can use national lenders, local and regional banks or credit unions in nearby counties (like Fillmore County) often have the most expertise with these agricultural-area loans and can offer more personalized service for the local market.
What should I know about property taxes and insurance when calculating my monthly payment in Exeter?
Property taxes in Nebraska, including Fillmore County where Exeter is located, are relatively high compared to home values. You should budget for an effective tax rate of around 1.5-1.8% of the home's assessed value. For insurance, consider adding a specific rider or checking coverage for severe weather, as Exeter is in a region prone to hail and strong thunderstorms.
Is a home inspection especially important when getting a mortgage for an older home in Exeter?
Absolutely. Exeter has a charming inventory of historic and older homes. Lenders will require an appraisal, but a separate, thorough home inspection is crucial. It can identify potential issues with older foundations, plumbing, electrical systems (like knob-and-tube wiring), or roofs that are common in the area, which could affect the loan's terms or your decision to proceed.
Why Choose a Mortgage Lender in Exeter?
Local Market Knowledge
Lenders who understand Exeter'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 Exeter and get competitive rates on your home loan.