The Best Mortgage Lenders in Amherst, WI
Compare verified mortgage lenders serving Amherst, Wisconsin. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Amherst
Featured Mortgage Lenders
Paul Filtz
IncredibleBank
IncredibleBank stands out as one of central Wisconsin's most highly-rated mortgage lenders, serving the Amherst area with exceptional customer satisfaction. While headquartered in Wausau with a strong Stevens Point presence, they consistently receive praise for their competitive rates, personalized service, and streamlined digital mortgage process. Their team of experienced loan officers, including Paul Filtz with 25 years of expertise, provides comprehensive guidance through conventional, government-backed, and specialized loan programs. The bank's deep community roots and commitment to customer education make them a top choice for Amherst homebuyers seeking both competitive terms and exceptional service.
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Mike Polzin
Associated Bank
Associated Bank maintains a strong regional presence throughout central Wisconsin, including dedicated service to Amherst residents. With multiple branches in nearby Stevens Point, they offer comprehensive mortgage solutions backed by decades of community banking experience. Their mortgage team receives consistent praise for responsive communication, competitive rate offerings, and expertise with first-time homebuyer programs. The bank's extensive branch network throughout Wisconsin provides convenient local support, while their digital mortgage platform ensures efficient processing. Their commitment to personalized service and community involvement makes them a trusted choice for Amherst home financing needs.
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North Star Home Loans
North Star Home Loans
North Star Home Loans has built an exceptional reputation as a dedicated mortgage broker serving central Wisconsin, including the Amherst community. Their boutique approach focuses exclusively on mortgage lending, allowing them to offer highly competitive rates and personalized service that larger institutions often cannot match. The company consistently receives outstanding reviews for their transparent communication, extensive loan program knowledge, and ability to navigate complex financing scenarios. As a local mortgage broker, they leverage relationships with multiple lenders to secure optimal terms for each client's unique situation. Their specialized expertise in rural and semi-rural properties makes them particularly well-suited for Amherst area homebuyers.
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Frequently Asked Questions
Common questions about mortgage lending in Amherst, WI
What are the current mortgage rates like in Amherst, WI, and how do they compare to state or national averages?
Mortgage rates in Amherst typically align closely with national averages, but local credit unions like Forward Financial or CoVantage Credit Union may offer competitive, slightly lower rates to members. Given Amherst's rural setting and stable housing market, lenders often view it as a lower-risk area, which can sometimes translate to favorable terms for well-qualified buyers.
Are there any down payment assistance programs specifically for buyers in Amherst or Portage County?
Yes, the Wisconsin Housing and Economic Development Authority (WHEDA) offers statewide programs like WHEDA Advantage and WHEDA Catalyst, which are accessible to Amherst buyers and provide low down payment options and competitive rates. Additionally, Portage County may have local community development programs; checking with the Amherst Village Clerk or a local mortgage broker is recommended for the most current information.
How does the appraisal process work for a home in Amherst, given its rural location and mix of older and newer properties?
Appraisals in Amherst require appraisers familiar with the local market, who will compare your property to similar "comps" in the village or surrounding townships. For unique rural properties or historic homes, the process may take longer as finding comparable sales can be more challenging, potentially affecting the appraised value. Using a lender with local experience is crucial.
What should I know about property taxes and insurance when calculating my monthly mortgage payment in Amherst?
Portage County property taxes are a key component; Amherst's mill rate is typically competitive within the county, but taxes can vary. For insurance, due to Amherst's location, lenders will require standard homeowners insurance, and if your property is outside village limits with a well/septic, they may also require additional water testing or specific endorsements.
As a first-time homebuyer in Amherst, what local lender resources or homebuyer education should I consider?
First-time buyers should explore WHEDA's homebuyer education courses, which are often required for their loan programs and provide valuable guidance. Local lenders like Incredible Bank or Fox Communities Credit Union, with branches in nearby Stevens Point, frequently offer personalized counseling and workshops tailored to the central Wisconsin market, including Amherst.
Nearby Cities
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Why Choose a Mortgage Lender in Amherst?
Local Market Knowledge
Lenders who understand Amherst'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 Amherst and get competitive rates on your home loan.