The Best Mortgage Lenders in Kohler, WI
Compare verified mortgage lenders serving Kohler, Wisconsin. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Kohler
Featured Mortgage Lenders
Associated Bank Mortgage Team
Associated Bank
Associated Bank stands as a premier regional mortgage lender with deep roots in Wisconsin and a strong physical presence in the Sheboygan/Kohler area. With over 25 years of dedicated mortgage experience, they offer comprehensive lending solutions including specialized construction loans ideal for Kohler's luxury home market. Their high rating reflects exceptional customer service, local underwriting expertise, and competitive rate structures. As a FDIC-insured institution, they provide the stability and reliability that Kohler homeowners and buyers seek, with personalized service from local mortgage professionals who understand the unique dynamics of this upscale market.
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Kohler Credit Union Mortgage Department
Kohler Credit Union
Kohler Credit Union brings exceptional local expertise with deep community ties to the Kohler area, serving residents and employees for over 85 years. Their mortgage team provides highly personalized service with competitive rates and flexible terms tailored to local market conditions. The credit union's exceptional 4.9 rating reflects their commitment to member satisfaction and community-focused lending approach. They excel at first-time homebuyer programs and offer special benefits for Kohler Co. employees, making them a top choice for those seeking local, relationship-based mortgage services with outstanding customer care and deep understanding of the Kohler real estate landscape.
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Great Midwest Bank Mortgage Division
Great Midwest Bank
Great Midwest Bank has established itself as a leading community-focused mortgage lender serving the Sheboygan County area, including Kohler, with specialized expertise in luxury and custom home financing. Their 4.7 rating demonstrates strong customer satisfaction and reliable service delivery. They particularly excel in construction lending and jumbo loans, making them an ideal choice for Kohler's high-end residential market. With local decision-making and personalized service, they offer competitive rates and flexible terms while maintaining the responsiveness of a community bank with the capabilities of a larger financial institution, providing the perfect balance for discerning Kohler homebuyers.
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Frequently Asked Questions
Common questions about mortgage lending in Kohler, WI
Are there specific mortgage considerations for buying a home within the Village of Kohler, given its unique planned community status?
Yes, purchasing in Kohler often involves properties subject to the Kohler Trust, which manages land leases for many lots. You'll need a lender familiar with this structure, as your mortgage will be for the home only, while you lease the land. This can affect loan-to-value calculations and requires a specific addendum to the mortgage note acknowledging the leasehold interest.
What local or county-level down payment assistance programs are available for first-time homebuyers in Kohler and Sheboygan County?
Sheboygan County offers the "Home Run" program, which provides up to $6,000 in down payment and closing cost assistance in the form of a deferred, no-interest loan. This program is available for first-time homebuyers (or those who haven't owned in three years) purchasing within the county, including Kohler, and is often paired with WHEDA (Wisconsin Housing and Economic Development Authority) first-time buyer loans.
How do Kohler's high property values and association standards impact the mortgage appraisal process?
Kohler's premium real estate, strict architectural standards, and unique amenities (like the Sports Core) can make finding comparable properties ("comps") challenging for appraisers. Lenders with local experience are crucial, as they will use appraisers familiar with the village's distinct market. The high standards also mean appraisers will closely inspect for any deferred maintenance that could affect value.
Are jumbo loans common for mortgage lending in Kohler, and what are the typical requirements?
Yes, jumbo loans are very common in Kohler due to home prices frequently exceeding the conforming loan limits ($$766,550 for 2024). Local lenders are well-versed in these products. Requirements are typically stricter, often requiring excellent credit (FICO 740+), a lower debt-to-income ratio, and larger reserves (often 6-12 months of mortgage payments) after closing.
Does the Village of Kohler have any special assessments or taxes that a lender needs to account for during the mortgage underwriting process?
While Kohler does not have a city income tax, lenders will carefully review the property's tax bill for possible special assessments for village infrastructure or amenities. Furthermore, properties within the Kohler Trust have an annual ground lease payment, which the lender will treat as a mandatory monthly expense when calculating your debt-to-income ratio, similar to property taxes or HOA fees.
Nearby Cities
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Why Choose a Mortgage Lender in Kohler?
Local Market Knowledge
Lenders who understand Kohler'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 Kohler and get competitive rates on your home loan.