The Best Mortgage Lenders in Clinton, WI
Compare verified mortgage lenders serving Clinton, Wisconsin. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Clinton
Featured Mortgage Lenders
Waterstone Mortgage
Waterstone Mortgage Corporation
Waterstone Mortgage is a highly-rated Wisconsin-based lender with deep roots in the state, making it an excellent choice for Clinton residents. Founded in 2000, they specialize in a wide range of loan products and are known for competitive rates and personalized service. Their strong local presence and A+ BBB rating reflect their commitment to customer satisfaction, with many reviews praising their efficient processing and knowledgeable loan officers who understand the Wisconsin housing market.
Loan Types:
Fairway Independent Mortgage
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage is a top-rated lender with a strong regional presence in southern Wisconsin, including service to Clinton. Founded in 1996, they consistently earn high marks for exceptional customer service, competitive rates, and a wide array of loan options. With numerous positive reviews highlighting their responsive communication and smooth closing processes, they are a trusted choice for both purchase and refinance loans in the area.
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Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a nationally recognized mortgage lender with a strong digital platform and local support, serving Clinton and throughout Wisconsin. Founded in 2000, they are praised for their innovative technology that simplifies the mortgage process, combined with competitive rates and extensive loan options. High customer satisfaction scores and numerous industry awards underscore their reliability, with many clients noting fast approvals and transparent fee structures.
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Frequently Asked Questions
Common questions about mortgage lending in Clinton, WI
What are the current mortgage rates like in Clinton, WI, and how do they compare to state or national averages?
Mortgage rates in Clinton typically align closely with national averages, but local credit unions like Blackhawk Community Credit Union often offer competitive rates. As a smaller community, rates can be influenced by local lender competition and property types, with rates for rural properties sometimes carrying a slight premium. It's wise to compare offers from both local institutions and larger national lenders.
Are there any down payment assistance programs specifically for first-time homebuyers in Clinton?
Yes, the Wisconsin Housing and Economic Development Authority (WHEDA) offers several first-time homebuyer programs accessible to Clinton residents, including down payment assistance and favorable loan terms. Additionally, Rock County or local lenders may have specific grants or programs for low-to-moderate income buyers purchasing within the village. A local mortgage broker can help identify all available local and state resources.
How does Clinton's location between Janesville and Beloit affect property appraisals and mortgage lending?
Clinton's proximity to these larger employment centers is generally positive for appraisals, supporting stable property values. However, lenders and appraisers will closely compare similar homes ("comps") within Clinton itself or very similar nearby villages, as urban Janesville/Beloit properties can differ significantly. Unique or rural properties may require appraisers familiar with the specific Clinton market.
What should I know about getting a mortgage for a home with well and septic in Clinton's more rural areas?
This is common in Clinton. Lenders will require water potability and septic system inspections as a condition of the loan. You must budget for these tests, and any required repairs must be completed before closing. USDA Rural Development loans, which are relevant for eligible properties in the area, also have specific requirements for well and septic systems.
Are USDA Rural Development loans a good option for buying a home in Clinton, WI?
USDA loans can be an excellent zero-down-payment option for eligible borrowers, as much of the area around Clinton qualifies as "rural" under USDA guidelines. Your eligibility depends on the specific property's location, household income limits, and it being your primary residence. A local lender experienced with USDA loans can confirm if a particular home in or near Clinton qualifies.
Why Choose a Mortgage Lender in Clinton?
Local Market Knowledge
Lenders who understand Clinton'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 Clinton and get competitive rates on your home loan.