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Phlox, WI

The Best Mortgage Lenders in Phlox, WI

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

3
Top Lenders
4.7
Avg Rating
824+
Reviews
10
Loan Types

Available Loan Programs in Phlox

Conventional
FHA
VA
USDA
Jumbo
Construction
Refinance
Construction-to-Permanent
Home Equity
HELOC

Featured Mortgage Lenders

1

Fox Communities Credit Union Mortgage Department

Fox Communities Credit Union

★★★★☆
4.8/5

Fox Communities Credit Union is one of the highest-rated mortgage lenders in central Wisconsin with an exceptional reputation for personalized service and competitive rates. As a member-owned financial cooperative, they prioritize customer satisfaction over profits, offering comprehensive mortgage solutions with local underwriting and decision-making. Their mortgage specialists have deep knowledge of Wisconsin's housing markets, including rural areas like Phlox, and they consistently receive praise for their transparent process, educational approach, and commitment to finding the right loan product for each borrower's unique situation.

Experience:85 years
Reviews:285 customer reviews
5400 Westhill Drive, Appleton, WI 54915

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinance
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2

IncredibleBank Mortgage Team

IncredibleBank

★★★★☆
4.7/5

IncredibleBank has built a strong reputation throughout northern and central Wisconsin for their exceptional mortgage lending services. With deep roots in the region, they understand the unique aspects of Wisconsin's housing markets, including rural communities like Phlox. They're particularly noted for their competitive rates, local decision-making authority, and personalized service from application through closing. Customers consistently praise their responsive communication, streamlined digital process, and the expertise of their mortgage officers who have extensive knowledge of USDA and other rural lending programs relevant to the Phlox area.

Experience:55 years
Reviews:192 customer reviews
1111 North 7th Street, Wausau, WI 54403

Loan Types:

ConventionalFHAVAUSDAConstruction-to-PermanentRefinanceHome Equity
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3

Associated Bank Mortgage Division

Associated Bank

★★★★☆
4.6/5

As one of Wisconsin's largest and most established financial institutions, Associated Bank has a comprehensive mortgage division that serves communities throughout the state, including Phlox. With over a century of experience in Wisconsin banking, they offer extensive mortgage expertise, competitive rates, and the stability of a major regional bank. Their mortgage officers are praised for their professionalism and knowledge of local market conditions, and they maintain physical branches throughout the region for convenient in-person service. They're particularly strong in construction lending and offer a wide array of loan products suitable for both urban and rural Wisconsin properties.

Experience:125 years
Reviews:347 customer reviews
Multiple branches throughout Wisconsin including nearby Wausau and Antigo

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinanceHELOC
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Frequently Asked Questions

Common questions about mortgage lending in Phlox, WI

Are there any special mortgage considerations for buying a home in Phlox, WI, given its rural nature?

Yes, due to Phlox's location in Langlade County, which is designated as a rural area by the USDA, many properties may qualify for a USDA Rural Development loan. This is a significant benefit as it offers 100% financing with no down payment required, which is ideal for eligible buyers in this market. It's important to work with a lender familiar with the specific property eligibility maps for the Phlox area.

What are typical property taxes like for a mortgage in Phlox, and how do they impact my monthly payment?

Langlade County, where Phlox is located, has a relatively moderate property tax rate compared to more urban Wisconsin counties. For 2023, the effective tax rate is approximately 1.5% to 1.8% of assessed value. Your lender will calculate an escrow payment for these taxes, which will be a component of your total monthly mortgage payment, so it's crucial to budget for this local cost.

Are there any first-time homebuyer programs specifically beneficial for Phlox residents?

Wisconsin's WHEDA (Wisconsin Housing and Economic Development Authority) programs are available statewide, including in Phlox. WHEDA offers competitive fixed-rate mortgages with down payment assistance for qualifying first-time buyers. Additionally, because Phlox is in a targeted area, some buyers may be eligible for WHEDA's "Targeted Area" program, which can offer more flexible credit guidelines.

How does the local Phlox real estate market, with its mix of land and homes, affect the mortgage appraisal process?

The appraisal can be a critical step, as unique properties with larger land parcels are common. An appraiser must find comparable sales ("comps") from similar rural areas in Langlade County, which can sometimes be challenging and may affect the valuation. It's wise to work with a local lender and real estate agent who understand how to present these properties to appraisers effectively.

What type of insurance will my mortgage lender require for a home in Phlox, WI?

Beyond standard homeowners insurance, lenders in Phlox will require a title insurance policy to protect against any local liens or ownership disputes. Furthermore, if your property is in a designated flood zone (some areas near the Eau Claire River or other waterways may be), your lender will mandate flood insurance, which must be factored into your closing costs and escrow payments.

Nearby Cities

Explore mortgage lenders in cities near Phlox, WI

Why Choose a Mortgage Lender in Phlox?

Local Market Knowledge

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