The Best Mortgage Lenders in Livingston, WI
Compare verified mortgage lenders serving Livingston, Wisconsin. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Livingston
Featured Mortgage Lenders
Summit Credit Union
Summit Credit Union
As one of Wisconsin's largest and most trusted credit unions, Summit Credit Union has been serving southern Wisconsin communities for nearly 90 years. They maintain an exceptional 4.8-star rating across multiple review platforms with particular praise for their personalized service and competitive mortgage rates. Their mortgage specialists are known for guiding borrowers through the entire process with exceptional care, offering a comprehensive range of loan products including specialized programs for first-time homebuyers. With multiple branches throughout the region and deep roots in Wisconsin communities, they provide both the stability of a longstanding financial institution and the personalized attention of a local lender.
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Wisconsin Mortgage Corporation
Wisconsin Mortgage Corporation
Wisconsin Mortgage Corporation has built an outstanding reputation across southern Wisconsin with a near-perfect 4.9-star rating from hundreds of satisfied customers. Founded in 1996, this locally-owned mortgage broker specializes in finding the best loan options for borrowers throughout the region, including Livingston area residents. They are particularly praised for their expertise with rural properties, USDA loans, and construction financing - making them an excellent fit for the Livingston market. Their team of experienced loan officers provides personalized service and is known for their responsiveness and ability to handle complex financing situations with professionalism and care.
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Churchill Mortgage
Churchill Mortgage
Churchill Mortgage brings three decades of mortgage lending expertise to Wisconsin homebuyers, maintaining a strong 4.7-star rating for their reliable service and competitive loan products. While a national company, their Madison office has developed an excellent local reputation for serving communities throughout southern Wisconsin, including Livingston. They are particularly noted for their educational approach to mortgage lending, ensuring borrowers fully understand their options and the homebuying process. Churchill Mortgage receives consistent praise for their transparent communication, on-time closings, and ability to secure competitive rates for a wide range of borrowers, from first-time homebuyers to experienced investors.
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Frequently Asked Questions
Common questions about mortgage lending in Livingston, WI
Are there any special mortgage programs for first-time homebuyers in Livingston, 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 widely used in Livingston. Additionally, some local credit unions, like Royal Credit Union, may offer their own community-focused programs with favorable terms for buyers in the area.
How do property taxes in Livingston impact my mortgage payments and affordability?
Grant County, where Livingston is located, has property tax rates that are generally moderate compared to other parts of Wisconsin. Your lender will calculate an escrow payment as part of your monthly mortgage to cover these taxes. It's wise to factor in an estimated annual tax rate of approximately 1.5% to 1.8% of the home's assessed value when budgeting for your total payment.
What is the typical down payment required for a home in Livingston's market?
While 20% down is ideal to avoid private mortgage insurance (PMI), many buyers in Livingston utilize conventional loans with 3-5% down or FHA loans with 3.5% down, especially given the area's relatively affordable home prices. For the local rural market, USDA loans with 0% down are also a popular option for eligible properties outside the village center.
Are USDA loans a viable option for mortgages in Livingston, WI?
Absolutely. Given Livingston's location in a rural area of Grant County, many properties qualify for USDA Section 502 Guaranteed Loans, which offer 100% financing (no down payment) for eligible borrowers with moderate incomes. This is a highly relevant and advantageous program for buyers looking at homes in the surrounding countryside.
How does the appraisal process work for a home in a small town like Livingston?
Appraisals in Livingston can present unique challenges due to fewer comparable sales ("comps") than in urban areas. Lenders often work with appraisers familiar with Grant County who can appropriately value properties by also considering sales from similar nearby towns like Platteville or Lancaster. This process may take slightly longer but is crucial for securing financing.
Why Choose a Mortgage Lender in Livingston?
Local Market Knowledge
Lenders who understand Livingston'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 Livingston and get competitive rates on your home loan.