The Best Mortgage Lenders in Amery, WI
Compare verified mortgage lenders serving Amery, Wisconsin. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Amery
Featured Mortgage Lenders
Royal Credit Union Mortgage Team
Royal Credit Union
Royal Credit Union stands out as Amery's premier local mortgage lender with a physical branch right in town. As a member-owned financial cooperative, they offer highly competitive rates and personalized service that national lenders can't match. Their mortgage team has deep roots in the Amery community and specializes in helping both first-time homebuyers and existing homeowners with various loan programs. With exceptional customer satisfaction ratings and local decision-making, they provide a streamlined mortgage process with the flexibility to work directly with local underwriters and processors.
Loan Types:
Associated Bank Mortgage Division
Associated Bank
Associated Bank brings strong regional banking expertise to Amery with their local branch presence and dedicated mortgage specialists. As one of Wisconsin's largest banks, they offer comprehensive mortgage solutions with the stability of an established financial institution. Their Amery-based loan officers have extensive knowledge of the local real estate market and provide personalized guidance throughout the entire home financing process. The bank is particularly noted for their competitive construction loan programs and efficient closing processes, making them a top choice for both purchase and refinance transactions in the Amery area.
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Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation - Hudson Office
Fairway Independent Mortgage Corporation operates a highly-rated regional office in nearby Hudson that actively serves Amery homebuyers. This lender has earned exceptional customer satisfaction ratings for their responsive service and competitive rate offerings. Their local loan officers specialize in navigating the unique aspects of Wisconsin's mortgage landscape and have particular expertise with rural housing programs that benefit Amery residents. Fairway is renowned for their efficient processing times and strong communication throughout the loan process, with many customers noting the company's ability to close loans quickly while maintaining excellent service standards.
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Frequently Asked Questions
Common questions about mortgage lending in Amery, WI
What are the current mortgage rates like in Amery, Wisconsin, and how do they compare to state or national averages?
Mortgage rates in Amery typically align closely with national averages, but local credit unions like Royal Credit Union or Bank of the West in nearby communities often offer competitive rates. As a smaller, rural city, Amery's rates can sometimes be slightly more favorable due to lower perceived risk in a stable market, but it's always best to get quotes from multiple local lenders for the most accurate comparison.
Are there any down payment assistance or first-time homebuyer programs specifically for Amery residents?
Yes, Amery homebuyers can access statewide Wisconsin programs like WHEDA (Wisconsin Housing and Economic Development Authority) loans, which offer competitive rates, down payment assistance, and are available to first-time and repeat buyers. Additionally, local lenders may have knowledge of Polk County-specific initiatives or grants aimed at promoting homeownership in the area.
How does the appraisal process work for homes in Amery, especially given the mix of in-town properties and rural acreage?
Appraisals in Amery must account for its unique property types, from historic downtown homes to lake properties and rural land. Appraisers will heavily rely on comparable sales ("comps") from within Amery and nearby towns like Clear Lake or Turtle Lake, which can be limited. For rural properties, the value of land, outbuildings, and well/septic systems are carefully evaluated, which can differ from standard in-town appraisals.
What should I know about property taxes and insurance when calculating my mortgage payment in Amery?
Property taxes in Amery and Polk County are a significant component of your monthly payment, with rates generally higher than the national average but competitive within Wisconsin. For insurance, if your property is outside city limits or near lakes like the Apple River or Lake Wapogasset, you may need additional flood or rural fire protection coverage, which lenders will require to be escrowed.
Are there special mortgage considerations for buying a seasonal or lakefront property in the Amery area?
Yes, financing a seasonal or lakefront home on lakes like Wapogasset or Bear Trap often requires a different loan approach. Many lenders treat these as second homes or investment properties, which can mean higher down payment requirements (often 10-20%) and slightly higher interest rates. It's crucial to work with a lender experienced in Amery's recreational property market to navigate these specifics.
Why Choose a Mortgage Lender in Amery?
Local Market Knowledge
Lenders who understand Amery'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 Wisconsin.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Amery and get competitive rates on your home loan.