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Lyons, WI

The Best Mortgage Lenders in Lyons, WI

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

3
Top Lenders
4.7
Avg Rating
1034+
Reviews
9
Loan Types

Available Loan Programs in Lyons

Conventional
FHA
VA
Jumbo
USDA
Refinance
First-Time Homebuyer Programs
ARM
Fixed-Rate

Featured Mortgage Lenders

1

Waterstone Mortgage

Waterstone Mortgage Corporation

★★★★☆
4.7/5

Waterstone Mortgage is a top-rated lender headquartered in Pewaukee, Wisconsin, with a strong local presence in the Lyons area through its Lake Geneva branch. Known for exceptional customer service and competitive rates, they specialize in a wide range of loan products and have built a reputation for reliability and transparency. Their high ratings reflect consistent customer satisfaction, with many reviews praising their efficient processing and personalized guidance throughout the mortgage process.

Experience:24 years
Reviews:184 customer reviews
515 Broad Street, Lake Geneva, WI 53147

Loan Types:

ConventionalFHAVAJumboUSDARefinance
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2

Fairway Independent Mortgage

Fairway Independent Mortgage Corporation

★★★★☆
4.8/5

Fairway Independent Mortgage is a highly respected national lender with a robust presence in southeastern Wisconsin, serving Lyons and surrounding communities. With decades of experience, they offer competitive rates and a comprehensive suite of loan options, particularly excelling in first-time homebuyer and VA loans. Their outstanding customer reviews highlight responsive service, expert advice, and smooth closing processes, making them a trusted choice for local homeowners.

Experience:28 years
Reviews:500 customer reviews
125 N. Executive Drive, Brookfield, WI 53005

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceFirst-Time Homebuyer Programs
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3

Guaranteed Rate

Guaranteed Rate, Inc.

★★★★☆
4.6/5

Guaranteed Rate is a leading mortgage lender with a strong regional footprint in Wisconsin, including service to Lyons. Renowned for their digital-friendly approach and competitive pricing, they provide a seamless borrowing experience with a focus on transparency and speed. Their high customer ratings stem from efficient online tools, knowledgeable staff, and a wide array of loan products, backed by years of industry expertise and local market knowledge.

Experience:24 years
Reviews:350 customer reviews
330 E. Kilbourn Ave, Milwaukee, WI 53202

Loan Types:

ConventionalFHAVAJumboRefinanceARMFixed-Rate
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Frequently Asked Questions

Common questions about mortgage lending in Lyons, WI

Are there any special mortgage programs for first-time homebuyers in Lyons, 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 available in Lyons. Additionally, some local lenders in the Waukesha County area may offer their own community-focused programs or grants to help with closing costs, making homeownership more accessible in this market.

How do property taxes in Lyons, WI, impact my mortgage payments and qualification?

Waukesha County, which includes Lyons, has property tax rates that are generally above the national average. Lenders will factor these higher annual taxes into your debt-to-income ratio, which can affect how much home you qualify for. It's crucial to get an accurate tax estimate for a specific property, as your monthly mortgage escrow payment will include a significant portion for taxes.

What is the typical down payment needed for a home in Lyons given its market?

While 20% down is ideal to avoid private mortgage insurance (PMI), many buyers in Lyons successfully purchase homes with down payments as low as 3-5% using conventional loans or 3.5% with an FHA loan. Given the competitive nature of the Waukesha County market, a stronger down payment can make your offer more attractive, but various loan programs provide flexibility for qualified buyers.

Are USDA rural housing loans available for properties in Lyons, WI?

Yes, Lyons is located in an area where many properties are eligible for USDA Section 502 Guaranteed Loans, which offer 100% financing (no down payment). You should check the USDA eligibility map for the specific property address, as this can be a significant advantage for qualified buyers looking in more rural parts of Lyons, helping to offset the need for a large cash down payment.

How does the appraisal process work for a home in a semi-rural area like Lyons?

Appraisals in Lyons can be more complex due to its mix of rural and suburban characteristics. Appraisers must find comparable sales ("comps") from similar semi-rural areas, which may sometimes come from neighboring towns. This process can occasionally lead to valuation challenges if recent sales are limited, so working with a lender experienced in the local Waukesha County market is highly recommended.

Mortgage Insights

Finding Your Perfect Mortgage in Lyons, Wisconsin: A Local Homebuyer’s Guide

Searching for "mortgage loans near me" is about more than just convenience; it's about finding a partner who understands the unique rhythm of your local market. For homebuyers setting their sights on Lyons, Wisconsin, this local knowledge is your secret weapon. The charm of Lyons lies in its blend of rural tranquility and accessibility to larger hubs like Burlington and Milwaukee. This creates a specific housing dynamic that a local lender can navigate with you.

The Lyons market often features a mix of historic homes, newer subdivisions, and generous lots. A lender familiar with the area will understand the appraisal nuances of a century-old farmhouse versus a modern build, ensuring the process stays on track. They’re also tuned into local pricing trends, which is crucial in a competitive environment where desirable properties may attract multiple offers. Their insight can help you structure a strong, realistic offer from the start.

When beginning your search, don't just look for the nearest office—look for a loan officer with deep roots in Racine and Walworth counties. These professionals often have established relationships with local real estate agents, inspectors, and title companies, creating a smoother, more coordinated homebuying journey. Start by asking your realtor for referrals; a team that works well together is invaluable.

Wisconsin offers several fantastic programs that a local expert can help you unlock. The Wisconsin Housing and Economic Development Authority (WHEDA) is a prime resource, offering low-down-payment loans, competitive rates, and down payment assistance for eligible buyers. These programs can be particularly helpful for first-time homebuyers or those with moderate incomes looking in the Lyons area. Additionally, explore potential local grants or programs specific to Racine County that promote homeownership.

Your actionable first step? Get pre-approved locally. This isn't just a rate quote; it's a verified financial snapshot that shows sellers you're a serious, qualified buyer. With a pre-approval from a trusted Lyons-area lender in hand, you can shop with confidence and act decisively. Be prepared to discuss your financial picture openly, including any unique factors like self-employment or land purchase if you're looking at one of Lyons' larger parcels.

Finally, remember that your mortgage is a long-term relationship. Choosing someone local means you have a point of contact who understands the community's ebb and flow and will be there to answer questions not just at closing, but for years to come. By focusing your search for "mortgage loans near me" on true local expertise, you're not just financing a house—you're investing in your future in Lyons with a guide who knows the way.

Nearby Cities

Explore mortgage lenders in cities near Lyons, WI

Why Choose a Mortgage Lender in Lyons?

Local Market Knowledge

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