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Upland, NE

The Best Mortgage Lenders in Upland, NE

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

3
Top Lenders
4.7
Avg Rating
400+
Reviews
8
Loan Types

Available Loan Programs in Upland

Conventional
FHA
VA
USDA
Jumbo
Construction
Refinance
Lot

Featured Mortgage Lenders

1

Adams Bank & Trust

Adams Bank & Trust

★★★★☆
4.8/5

Adams Bank & Trust is a highly respected regional bank serving communities across Nebraska with deep roots in the state's agricultural and residential lending markets. With over a century of experience, they have built an exceptional reputation for personalized mortgage services and competitive rates. Their local loan officers understand the unique needs of rural Nebraska communities like Upland and offer specialized agricultural and residential lending expertise. They consistently receive high marks for their responsive customer service, transparent process, and commitment to Nebraska communities.

Experience:115 years
Reviews:85 customer reviews
412 East Avenue, Holdrege, NE 68949

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinance
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2

Five Points Bank

Five Points Bank

★★★★☆
4.7/5

Five Points Bank has established itself as one of Central Nebraska's premier mortgage lenders with multiple locations serving the region. They are particularly strong in rural and agricultural lending, making them an excellent choice for Upland residents. The bank is known for its local decision-making authority, competitive interest rates, and personalized approach to each mortgage application. Their experienced loan officers have deep knowledge of Nebraska's housing markets and specialize in helping clients navigate various loan programs including USDA rural development loans that benefit Upland homebuyers.

Experience:60 years
Reviews:120 customer reviews
2009 West 2nd Street, Grand Island, NE 68803

Loan Types:

ConventionalFHAVAUSDAConstructionLotRefinance
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3

Union Bank & Trust

Union Bank & Trust

★★★★☆
4.6/5

Union Bank & Trust is one of Nebraska's largest and most established financial institutions with a strong mortgage division serving communities statewide. While based in Lincoln, they actively lend throughout Nebraska including rural areas like Upland. They offer comprehensive mortgage solutions with the advantage of local underwriting and decision-making. Union Bank is particularly noted for their competitive construction and agricultural property lending programs, digital mortgage application process, and experienced loan officers who understand the specific needs of Nebraska homebuyers. Their longstanding community commitment and financial stability make them a trusted choice.

Experience:130 years
Reviews:195 customer reviews
5101 North 27th Street, Lincoln, NE 68521

Loan Types:

ConventionalFHAVAUSDAConstructionJumboRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Upland, NE

What are typical down payment requirements for homes in Upland, NE, given the rural market?

In Upland's affordable market, many conventional loans are available with down payments as low as 3-5%. For the area's agricultural or more rural properties, lenders may require a larger down payment, often 20% or more, due to the unique nature and appraisal challenges of these properties. USDA Rural Development loans, which require 0% down, are also a popular and applicable option for eligible buyers in this community.

Are there specific first-time homebuyer programs available for Upland residents?

Yes, Nebraska offers the Nebraska Investment Finance Authority (NIFA) Homeownership Program, which provides competitive interest rates and down payment assistance to qualified first-time buyers statewide, including in Upland. Additionally, local lenders often have relationships with community programs or grants that can assist with closing costs, which is valuable in a market where every dollar counts.

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

Appraisals in Upland can be more complex due to fewer recent comparable sales ("comps"). An appraiser may need to look at sales in a wider geographic area, including nearby towns like Holdrege or Bertrand, which can sometimes lead to valuation challenges. It's wise to work with a lender experienced in rural Nebraska who uses appraisers familiar with valuing properties in low-volume markets.

What type of mortgage rates can I expect in Upland compared to the national average?

Mortgage rates in Upland generally align with national averages, as they are set by broader financial markets. However, your specific rate will depend heavily on your credit profile and loan-to-value ratio. For well-qualified buyers, securing a rate at or slightly below the national average is common, especially when utilizing state programs like NIFA which often offer below-market rates.

Are there special mortgage considerations for buying acreage or a property with agricultural land in Upland?

Absolutely. Purchasing a property with more than a few acres often requires an agricultural or rural land loan, which has different underwriting standards than a standard residential mortgage. Lenders will closely examine the income-producing potential of the land and may require a larger down payment and separate appraisal. It's crucial to find a lender with specific expertise in farm and rural lending in Nebraska.

Mortgage Insights

Finding Your Perfect Mortgage Partner in Upland, Nebraska

Searching for "mortgage companies near me" is about more than just convenience when you're buying a home in Upland, Nebraska. It's about finding a financial partner who understands the unique rhythm of our local market and can guide you through a process that might feel unfamiliar. In a close-knit community like ours, the right local lender isn't just a service provider; they're a neighbor with deep roots and a vested interest in helping you plant yours.

Upland’s housing market is characterized by its stability and value, often featuring single-family homes with more space and land compared to urban areas. This means your mortgage needs here might be different. A local mortgage officer in Kearney, Holdrege, or even a community bank with a presence in Franklin County will have firsthand experience with appraisals for rural properties, understanding well and septic systems, and valuing acreage. They can pre-approve you for a realistic amount that reflects what your dollar actually buys in our corner of Nebraska, preventing you from looking at properties that don't align with the local valuation landscape.

Your search should start with Nebraska-specific homebuyer programs that can make a significant difference. A truly local mortgage company will be your best resource for programs like the Nebraska Investment Finance Authority (NIFA) offerings. NIFA provides competitive first-time homebuyer loans with attractive interest rates and down payment assistance. These programs have specific income and purchase price limits that a lender familiar with Upland can help you navigate confidently. They’ll know if a property just outside the village limits still qualifies or how agricultural income might be treated.

Here is your actionable plan: First, don't limit your search to just Upland's zip code. Expand to lenders in nearby hubs like Kearney and Holdrege who regularly serve our area. Schedule consultations with at least two or three. Ask them pointed questions: "How many mortgages have you closed in Franklin County in the last year?" "Can you walk me through NIFA's requirements and see if I qualify?" "What unique challenges should I anticipate with a rural property appraisal?" Their answers will tell you who has the local expertise you need.

Finally, remember that in Nebraska, relationships matter. A mortgage broker who can recommend a trusted local home inspector or explain the nuances of a title commitment from a Nebraska-based title company adds immense value. By choosing a mortgage partner who knows the lay of the land—both financially and literally—you're not just getting a loan; you're gaining a guide for one of life's most important purchases right here in Upland.

Nearby Cities

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Why Choose a Mortgage Lender in Upland?

Local Market Knowledge

Lenders who understand Upland'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 Upland and get competitive rates on your home loan.