The Best Mortgage Lenders in Custer, WI
Compare verified mortgage lenders serving Custer, Wisconsin. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Custer
Featured Mortgage Lenders
North Shore Bank Mortgage Team
North Shore Bank
North Shore Bank has been serving central Wisconsin communities for nearly a century with a strong reputation for personalized mortgage services. As a community-focused financial institution with multiple branches throughout the region, they have deep roots in the Custer area and understand local housing markets. Their mortgage team offers competitive rates with flexible terms and provides exceptional customer service throughout the entire loan process, from application to closing. They're particularly known for their construction and USDA rural development loans, making them an excellent choice for Custer area homeowners.
Loan Types:
Associated Bank Mortgage Division
Associated Bank
Associated Bank is one of Wisconsin's largest and most established financial institutions with a significant presence throughout central Wisconsin. Their Marshfield branch serves the Custer community with comprehensive mortgage solutions and local decision-making authority. They offer competitive rates and have particularly strong programs for first-time homebuyers and rural property financing. With their extensive experience in Wisconsin's unique housing market and their commitment to community banking principles, they provide reliable mortgage services with the convenience of local processing and underwriting.
Loan Types:
First Weber Mortgage Services
First Weber Realtors
First Weber has been a trusted name in Wisconsin real estate and mortgage lending for nearly five decades, with deep roots in central Wisconsin communities including Custer. Their mortgage team works closely with their real estate agents to provide seamless home buying experiences. They're particularly strong in rural property financing and offer personalized service with local expertise. Their knowledge of the central Wisconsin market, combined with competitive lending programs and exceptional customer service, makes them a top choice for Custer area homebuyers seeking a comprehensive real estate and mortgage solution.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Custer, WI
What are the typical down payment requirements for homes in Custer, WI, given its rural nature and lower average home prices?
In Custer, due to the more affordable housing market compared to urban Wisconsin, many buyers can utilize conventional loans with down payments as low as 3-5%. For eligible buyers, USDA Rural Development loans are a popular option as they offer 100% financing (zero down payment) for homes in this designated rural area, making homeownership very accessible.
Are there any local or state-specific first-time homebuyer programs that are particularly beneficial in Custer?
Yes, the Wisconsin Housing and Economic Development Authority (WHEDA) offers several programs ideal for Custer buyers. The WHEDA Advantage program provides competitive fixed-rate loans, and the WHEDA Capital Access program offers down payment assistance. These programs have income and purchase price limits that many Custer households can comfortably meet.
How does the appraisal process work in Custer, where comparable home sales ("comps") can be less frequent?
Appraisals in rural areas like Custer can be more complex due to fewer recent sales. Lenders often work with appraisers familiar with Portage County who may need to expand the geographic range or time frame for comps. It's wise to budget for a potential full appraisal rather than a desktop review, and be prepared for the process to take slightly longer.
What should I know about property taxes and insurance when calculating my monthly mortgage payment in Custer?
Portage County property taxes are a key component. The 2023 mill rate for the Village of Custer was approximately 22.9 mills. You'll also need to factor in homeowner's insurance, and if your down payment is less than 20%, Private Mortgage Insurance (PMI). For homes on well and septic systems, some lenders may require specific water quality tests.
Are construction or renovation loans common in Custer for buying older homes or vacant land?
Yes, given the availability of land and older housing stock, construction-to-permanent and renovation loans (like the FHA 203k) are relevant options. Local lenders understand the costs and contractors in the area. For building on vacant land, you'll typically need a construction loan first, which then converts to a traditional mortgage upon completion.
Nearby Cities
Explore mortgage lenders in cities near Custer, WI
Why Choose a Mortgage Lender in Custer?
Local Market Knowledge
Lenders who understand Custer'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 Custer and get competitive rates on your home loan.