The Best Mortgage Lenders in Cameron, WI
Compare verified mortgage lenders serving Cameron, Wisconsin. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Cameron
Featured Mortgage Lenders
Associated Bank Mortgage Team
Associated Bank
Associated Bank stands as one of Wisconsin's most established and highly-rated mortgage lenders with a strong presence in northwestern Wisconsin. They maintain a physical branch in nearby Rice Lake, providing convenient local service to Cameron residents. Their mortgage team receives exceptional ratings for personalized service, competitive rates, and expertise with rural property financing including USDA loans which are particularly relevant for the Cameron area. With deep community roots and comprehensive digital mortgage capabilities, they offer both in-person guidance and modern online convenience.
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Bremer Bank Mortgage Division
Bremer Bank
Bremer Bank maintains a strong regional presence in northwestern Wisconsin with their Rice Lake office conveniently serving the Cameron community. They receive outstanding customer satisfaction ratings for their local decision-making process and personalized mortgage guidance. Specializing in both traditional and government-backed loans, their experienced loan officers are particularly knowledgeable about rural property financing needs. Customers consistently praise their responsive communication, transparent process, and competitive rate offerings for both purchase and refinance transactions.
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Security Financial Bank Mortgage Department
Security Financial Bank
Security Financial Bank has built an excellent reputation across western Wisconsin for their specialized mortgage services, particularly for rural and agricultural properties. While based in Durand, they actively serve the Cameron area with expertise in construction loans and USDA rural development financing. Their local loan officers receive high marks for understanding the unique needs of northwestern Wisconsin homebuyers and providing customized solutions. As a community-focused institution, they offer competitive rates with the personal service of a local bank combined with sophisticated mortgage products typically found at larger institutions.
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Frequently Asked Questions
Common questions about mortgage lending in Cameron, WI
Are there any special mortgage programs for first-time homebuyers in Cameron, WI?
Yes, the Wisconsin Housing and Economic Development Authority (WHEDA) offers several first-time homebuyer programs with competitive rates, down payment assistance, and flexible credit requirements that are available in Cameron. Additionally, local lenders often have knowledge of regional or county-specific grants or programs aimed at encouraging homeownership in smaller communities like ours.
How do property taxes in Barron County affect my mortgage payments in Cameron?
Barron County property taxes are a significant component of your monthly escrow payment. The effective tax rate in the Cameron area is typically around 1.5% to 1.8% of the home's assessed value. Your lender will calculate this into your monthly payment, and it's wise to budget for potential increases as property values in the area are gradually rising.
What is the typical down payment needed for a home in Cameron's market?
While 20% down is ideal to avoid private mortgage insurance (PMI), many buyers in Cameron successfully purchase homes with down payments as low as 3% (conventional) or 3.5% (FHA), especially on the area's median-priced homes which are often more affordable than state averages. Local lenders can guide you on the best option for your situation.
Are USDA Rural Development loans a good option for buying a home in Cameron, WI?
Absolutely. Cameron is classified as a rural area by the USDA, making most homes in and around the village eligible for USDA loans. These loans offer 100% financing (no down payment) and often have competitive interest rates, which is a major advantage for eligible buyers looking in this market.
How does the appraisal process work for a unique or rural property in the Cameron area?
Appraisals for rural properties or acreages near Cameron require an appraiser with specific expertise in valuing land, outbuildings, and well/septic systems. This can sometimes take longer than in urban areas. It's crucial to work with a mortgage lender who has strong relationships with local appraisers familiar with Barron County's unique property types.
Why Choose a Mortgage Lender in Cameron?
Local Market Knowledge
Lenders who understand Cameron'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 Cameron and get competitive rates on your home loan.