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Owen, WI

The Best Mortgage Lenders in Owen, WI

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

3
Top Lenders
4.8
Avg Rating
405+
Reviews
9
Loan Types

Available Loan Programs in Owen

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

Featured Mortgage Lenders

1

Scott Krueger

AbbyBank Mortgage

★★★★☆
4.9/5

AbbyBank has been serving central Wisconsin communities for over 60 years and maintains a strong presence in Clark County, where Owen is located. As a community-focused institution, they offer personalized mortgage services with local decision-making and deep understanding of rural property financing. Their mortgage team, led by experienced professionals like Scott Krueger, provides competitive rates and specializes in agricultural and rural property loans, making them particularly well-suited for Owen area residents. They consistently receive excellent customer reviews for their responsive service and local expertise.

Experience:25 years
Reviews:85 customer reviews
105 E 4th Street, Abbotsford, WI 54405

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinance
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2

Mortgage Department

Forward Bank

★★★★☆
4.8/5

Forward Bank has deep roots in central Wisconsin with multiple branches serving the Owen area. With over a century of community banking experience, they offer comprehensive mortgage solutions tailored to local market conditions. Their mortgage team provides personalized service with local underwriting and decision-making, ensuring quick turnaround times. They're particularly strong in rural development loans and first-time homebuyer programs, and they maintain excellent customer satisfaction ratings for their knowledgeable staff and competitive loan products designed for Wisconsin residents.

Experience:115 years
Reviews:120 customer reviews
402 N 2nd Street, Medford, WI 54451

Loan Types:

ConventionalFHAVAUSDAConstructionHome EquityRefinance
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3

Eric Olson

Royal Credit Union Mortgage

★★★★☆
4.7/5

Royal Credit Union serves multiple counties in western and central Wisconsin, including Clark County where Owen is located. As one of the region's largest credit unions, they offer competitive mortgage rates and exceptional member service. Their mortgage specialists provide comprehensive guidance through the entire home buying process, with particular expertise in USDA rural development loans that benefit Owen area residents. RCU consistently earns high marks for customer service, transparency in lending, and educational resources for first-time homebuyers, making them a top choice for personalized mortgage solutions.

Experience:60 years
Reviews:200 customer reviews
1200 O'Day Road, Eau Claire, WI 54703

Loan Types:

ConventionalFHAVAUSDAFirst-time HomebuyerRefinanceConstruction
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Frequently Asked Questions

Common questions about mortgage lending in Owen, WI

What are the typical down payment requirements for a mortgage in Owen, WI, given its rural market?

In Owen's more affordable market, many conventional loans can be secured with a 5% down payment, and some local lenders may offer portfolio loans with 3% down. For buyers using USDA Rural Development loans—which are highly relevant here—a 0% down payment is possible, as most properties in and around Owen qualify for this program due to the area's designation.

Are there specific first-time homebuyer programs available for Owen residents?

Yes, the Wisconsin Housing and Economic Development Authority (WHEDA) offers first-time homebuyer programs with competitive rates, down payment assistance, and education courses, which are accessible in Owen. Additionally, some local credit unions, like CoVantage Credit Union which serves the area, may offer their own down payment assistance grants or favorable loan terms for first-time buyers in Clark County.

How does the lack of a large city appraisal pool affect the mortgage process in Owen?

Appraisals in Owen can sometimes be challenging due to fewer recent comparable sales ("comps") in the immediate area, which may require appraisers to look at properties in a wider radius like Withee or Curtiss. This can occasionally lead to appraisal gaps, so it's wise to work with a lender experienced in rural Wisconsin markets who understands how to properly present property value.

What type of property issues should I be especially mindful of during a mortgage inspection in older Owen homes?

Given the age of many homes in Owen, lenders will pay close attention to foundational integrity, well and septic system compliance (which are common), and the condition of older roofs. It's advisable to get a thorough home inspection upfront, as FHA or USDA loans have strict property condition requirements that must be met for loan approval.

Are mortgage rates in Owen, WI, typically higher than in larger Wisconsin cities like Milwaukee or Madison?

Not necessarily; mortgage rates are generally set on a national and state level, so Owen borrowers access similar rates. However, your final rate depends more on your personal credit profile and loan type. Working with a local community bank or credit union might sometimes offer more personalized underwriting that could be advantageous compared to large national lenders.

Mortgage Insights

Finding Your Perfect Mortgage Partner in Owen, Wisconsin

Searching for "mortgage companies near me" is about more than just convenience when you're looking to buy a home in Owen, Wisconsin. It's about finding a financial partner who understands the unique character of our local market and can guide you through a process that feels personal, not transactional. Owen offers a wonderful blend of small-town community, access to nature, and affordability that draws many buyers. To unlock the door to a home here, you need a mortgage strategy that's tailored to this specific opportunity.

The Owen housing market, like many in Clark County, presents a mix of charming older homes with character and more modern constructions. This is where a local mortgage expert becomes invaluable. A lender familiar with Owen will understand the appraisal nuances of a well-maintained century home versus a newer build on the outskirts of town. They can accurately assess property values in a market that doesn't see the rapid, high-volume turnover of bigger cities, ensuring your financing is based on true local worth. Furthermore, building a relationship with a nearby office means you have face-to-face access to your loan officer. You can discuss your pre-approval over a coffee at The Main Street Cafe, turning a complex financial step into a comfortable conversation.

Wisconsin offers several regional programs that a knowledgeable local lender can help you navigate. First-time homebuyers in Owen should absolutely explore the WHEDA (Wisconsin Housing and Economic Development Authority) Advantage loan programs. WHEDA offers competitive interest rates, down payment assistance, and flexible credit guidelines, which can be a game-changer for qualifying buyers. A mortgage company with experience in Wisconsin will be well-versed in these programs and can determine if you're eligible. Additionally, they'll understand the specifics of Wisconsin's property taxes and how to structure your escrow account appropriately.

Your actionable plan starts here. First, don't just search online—ask for referrals. Talk to your local real estate agent, who works with lenders daily, or ask new neighbors in Owen who they used. Compile a shortlist of 2-3 local companies or credit unions, like those based in Marshfield, Wausau, or Eau Claire that actively serve the Owen area. When you interview them, ask direct questions: "How many loans have you closed in Clark County in the last year?" "Can you walk me through the WHEDA programs I might qualify for?" "What is your typical timeline to close, and how do you communicate with clients?"

Ultimately, your goal is to find a mortgage partner who sees you as a future neighbor, not just a file number. By choosing a company invested in the Owen community, you gain an advocate who is committed to helping you settle into your new hometown successfully. Start your search locally, ask the right questions, and you'll be well on your way to securing the keys to your piece of Wisconsin.

Nearby Cities

Explore mortgage lenders in cities near Owen, WI

Why Choose a Mortgage Lender in Owen?

Local Market Knowledge

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