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Grafton, WI

The Best Mortgage Lenders in Grafton, WI

Compare verified mortgage lenders serving Grafton, Wisconsin. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.7
Avg Rating
780+
Reviews
11
Loan Types

Available Loan Programs in Grafton

Conventional
FHA
VA
USDA
Jumbo
Refinance
Construction
First-time Homebuyer
ARM
Construction-to-Permanent
Home Equity

Featured Mortgage Lenders

1

Landmark Credit Union Mortgage Services

Landmark Credit Union

★★★★☆
4.8/5

Landmark Credit Union stands out as one of the highest-rated mortgage lenders serving Grafton directly, with their local branch providing personalized mortgage services. They maintain exceptional 4.8-star ratings across multiple platforms for their competitive rates, transparent process, and exceptional customer service. As a member-owned financial institution, they offer lower fees and more flexible underwriting than many national banks, with mortgage specialists who guide borrowers through the entire process. Their strong community presence and commitment to local homebuyers makes them a top choice for Grafton residents seeking conventional loans, government-backed programs, or specialized mortgage products.

Experience:25 years
Reviews:185 customer reviews
1345 W Washington St, Grafton, WI 53024

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceConstructionFirst-time Homebuyer
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2

Waterstone Mortgage

Waterstone Mortgage Corporation

★★★★☆
4.7/5

Waterstone Mortgage has built an outstanding reputation throughout southeastern Wisconsin, including strong service in Grafton and Ozaukee County. With a 4.7-star rating from hundreds of verified reviews, they're praised for their efficient processing, competitive rates, and knowledgeable loan officers. As a direct lender headquartered in Pewaukee, they offer the advantage of local decision-making combined with extensive lending capabilities. Their team specializes in both purchase and refinance transactions, with particular expertise in jumbo loans and construction financing. Customers consistently highlight their responsive communication and ability to close loans on time.

Experience:20 years
Reviews:320 customer reviews
11200 W Parkland Ave, Milwaukee, WI 53224

Loan Types:

ConventionalFHAVAUSDAJumboARMRefinanceConstruction-to-Permanent
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3

Associated Bank Mortgage

Associated Bank, N.A.

★★★★☆
4.6/5

Associated Bank maintains a strong regional presence with multiple branches serving the Grafton area, including their nearby Saukville location. With over three decades of mortgage lending experience and a 4.6-star rating, they offer comprehensive mortgage solutions backed by the stability of a regional banking institution. Their mortgage specialists receive high marks for personalized service and expertise in various loan programs, particularly VA loans and first-time homebuyer programs. As a bank with deep Wisconsin roots, they understand local market conditions and provide competitive rate options with the convenience of local underwriting and decision-making.

Experience:30 years
Reviews:275 customer reviews
1200 Tower Ave, Saukville, WI 53080

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceHome EquityFirst-time Homebuyer
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Frequently Asked Questions

Common questions about mortgage lending in Grafton, WI

Are there any local down payment assistance programs specifically for Grafton, WI homebuyers?

Yes, the Wisconsin Housing and Economic Development Authority (WHEDA) offers statewide programs, but Grafton homebuyers should also explore the Ozaukee County Housing Authority. They occasionally administer local grants or affordable housing initiatives for income-eligible buyers in the county, which can be layered with WHEDA loans to help with down payments and closing costs in Grafton's competitive market.

How do Grafton's property taxes impact my mortgage qualification and monthly payment?

Ozaukee County has some of the highest property tax rates in Wisconsin, which significantly affects your debt-to-income ratio and monthly escrow payment. When getting pre-approved in Grafton, lenders will use the specific tax mill rate for your property's village/township and school district. It's crucial to budget for this, as taxes can add several hundred dollars to your monthly mortgage payment compared to other regions.

What is a typical down payment percentage needed for a home in Grafton's current market?

Given Grafton's desirable school district and steady demand, competitive offers often include down payments of 10-20%. While some conventional loans allow as low as 3%, a stronger down payment strengthens your offer in a multiple-bid situation common here. For the median Grafton home price, local lenders recommend aiming for at least 10% to improve loan terms and offer competitiveness.

Are there specific mortgage considerations for buying a historic home in Grafton's older neighborhoods?

Yes, purchasing a historic home near downtown Grafton or in established neighborhoods may require a specialized appraisal and a thorough inspection for older electrical, plumbing, and foundations. Some lenders may have stricter requirements on the condition of the property. It's advisable to work with a local mortgage broker familiar with Grafton's historic properties and to explore renovation loans like the FHA 203(k) if updates are needed.

How do interest rates for mortgages in Grafton compare to the national or state average?

Mortgage rates in Grafton are primarily set by national markets and your personal credit profile, not your zip code. However, working with a local credit union, like Landmark Credit Union which has a strong presence in Ozaukee County, can sometimes offer competitive member rates or relationship discounts. Always compare offers from a local lender familiar with the market against larger national banks.

Mortgage Insights

Finding Your Perfect Home Loan Match in Grafton, WI

Searching for a "home loan broker near me" in Grafton is more than just finding a local office—it's about connecting with a professional who understands the unique heartbeat of our community and housing market. As a charming village with a mix of historic homes, newer subdivisions, and scenic lots near the Milwaukee River, Grafton presents specific opportunities and challenges for buyers. A local broker doesn't just shop rates; they navigate the nuances that can make or break your homebuying journey right here in Ozaukee County.

The Grafton market is competitive, with a desirable small-town feel and excellent schools driving steady demand. A broker based in Southeastern Wisconsin brings invaluable insight into which lenders are most familiar with appraising Grafton’s diverse properties, from updated bungalows downtown to newer builds in the northern corridors. They understand how factors like proximity to the village center or the upcoming Mequon Road improvements can influence both a home's value and a lender's comfort level. This local expertise is crucial for crafting a strong, appealing offer in a market where multiple bids are common.

When you work with a Wisconsin-based mortgage broker, you also gain access to specialized state and regional programs that can provide significant advantages. For example, the WHEDA (Wisconsin Housing and Economic Development Authority) program offers competitive loans with down payment assistance, which can be a game-changer for first-time homebuyers or those with moderate incomes looking in Grafton. A knowledgeable local broker can advise if you qualify for WHEDA or other local initiatives, options that a generic online lender might overlook. They can also explain Wisconsin-specific closing costs and procedures, ensuring no surprises at the settlement table.

Your actionable search should start with more than a map. Ask potential brokers specific, local questions: "Can you share examples of recent loans you've closed in Grafton or Ozaukee County?" or "How do you advise clients to structure offers in our current competitive market?" Look for brokers who are deeply embedded in the area, perhaps active in local business associations or recommended by Grafton-based real estate agents. A great broker will want to meet at a local spot like the Grafton Cafe to discuss your goals, demonstrating their commitment to the community.

Ultimately, the right "near me" broker in Grafton acts as your strategic guide, aligning your financial picture with the realities of our local market. They translate the numbers into a clear path toward owning a home here, ensuring you explore every local advantage. Take the time to find a partner who knows not just loans, but knows Grafton—it’s the first smart step toward calling this wonderful village your own.

Nearby Cities

Explore mortgage lenders in cities near Grafton, WI

Why Choose a Mortgage Lender in Grafton?

Local Market Knowledge

Lenders who understand Grafton'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 Grafton and get competitive rates on your home loan.