The Best Mortgage Lenders in Bartlesville, OK
Compare verified mortgage lenders serving Bartlesville, Oklahoma. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Bartlesville
Featured Mortgage Lenders
New American Funding
New American Funding
New American Funding is a highly-rated mortgage lender known for exceptional customer service and competitive rates, with a strong presence in the Bartlesville area through its Tulsa office. Founded in 2003, it specializes in a wide range of loan products, including government-backed options, and has built a reputation for transparency and efficiency. With over 350 reviews highlighting quick closings and personalized support, it's a top choice for homebuyers in northeastern Oklahoma.
Loan Types:
Caliber Home Loans
Caliber Home Loans
Caliber Home Loans offers reliable mortgage services with a focus on technology-driven solutions and competitive pricing, serving Bartlesville from its Tulsa location. Established in 2008, it provides various loan types and is praised for its streamlined process and responsive customer care. With around 200 reviews noting smooth transactions and expert guidance, it's a trusted lender for both first-time and experienced homebuyers in the region.
Loan Types:
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is a well-established lender with a strong track record in customer satisfaction, offering comprehensive loan options and local expertise for Bartlesville residents. Founded in 1996, it emphasizes community involvement and personalized service, with nearly 400 reviews commending its competitive rates and attentive loan officers. Its longevity and high ratings make it a standout option for secure and efficient home financing in Oklahoma.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Bartlesville, OK
Are there any special mortgage programs for first-time homebuyers in Bartlesville, OK?
Yes, the Oklahoma Housing Finance Agency (OHFA) offers several programs, including down payment assistance and competitive interest rate loans, which are accessible to Bartlesville residents. Additionally, some local lenders may have specific first-time buyer products or grants tailored to the area's market. These programs can be particularly helpful given Bartlesville's relatively affordable housing prices compared to national averages.
How does the local economy, particularly Phillips 66 and ConocoPhillips, impact mortgage lending in Bartlesville?
The presence of these major employers creates a stable economic base, which lenders view favorably, often leading to competitive mortgage offerings. However, some lenders may have specific "energy sector" loan programs or considerations for employees of these companies. It's also wise to consider that your employment with a major local company can strengthen your mortgage application with local banks familiar with these employers.
What are typical down payment requirements for homes in Bartlesville's popular neighborhoods like Robinwood or Silver Lake?
While standard conventional loans require 5-20% down, many Bartlesville buyers utilize FHA loans with a 3.5% minimum down payment, which is common in these established neighborhoods. For the city's more affordable price points, down payment assistance programs can often cover the entire required down payment, making homeownership accessible even in desirable areas.
Are there specific property considerations in Bartlesville that affect the mortgage process?
Yes, two key considerations are older housing stock and potential flood zones. Many charming homes in Bartlesville were built decades ago, so lenders may require specific inspections. Furthermore, with the Caney River running through the city, a flood certification is often a mandatory part of the appraisal, and flood insurance may be required, impacting your monthly payment calculation.
How do mortgage rates in Bartlesville compare to state and national averages?
Mortgage rates in Bartlesville are generally aligned with national averages, as they are set by broader financial markets. However, working with a local credit union or community bank, such as Arvest or RCB Bank which have strong local presence, can sometimes provide more competitive rate offerings or lower fees due to their deep roots in the Bartlesville community.
Why Choose a Mortgage Lender in Bartlesville?
Local Market Knowledge
Lenders who understand Bartlesville'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 Oklahoma.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Bartlesville and get competitive rates on your home loan.