SSL Secured
Privacy Protected
Licensed & Regulated
MortgageLenderNearMe
Saint Francis, WI

The Best Mortgage Lenders in Saint Francis, WI

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

3
Top Lenders
4.8
Avg Rating
1050+
Reviews
9
Loan Types

Available Loan Programs in Saint Francis

Conventional
FHA
VA
USDA
Jumbo
Refinance
Construction Loans
First-Time Homebuyer Programs
ARM Loans

Featured Mortgage Lenders

1

Waterstone Mortgage

Waterstone Mortgage Corporation

★★★★☆
4.8/5

Waterstone Mortgage is a top-rated lender headquartered in the Milwaukee area, making it highly accessible for Saint Francis residents. With over two decades of experience, they are renowned for their competitive rates, personalized service, and extensive loan options. They consistently receive high customer satisfaction ratings for their efficient processing and local expertise, with many reviews praising their responsive communication and ability to handle complex mortgage scenarios. Their strong community presence and commitment to Wisconsin homebuyers make them a trusted choice.

Experience:24 years
Reviews:300 customer reviews
10850 W Park Pl, Milwaukee, WI 53224

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceConstruction Loans
Visit Website
2

Fairway Independent Mortgage

Fairway Independent Mortgage Corporation

★★★★☆
4.9/5

Fairway Independent Mortgage is a highly reputable lender with a strong regional presence in Wisconsin, serving Saint Francis through local loan officers and offices. Founded in Madison, they have built a stellar reputation for exceptional customer service, competitive rates, and a wide range of loan products. They are frequently praised in reviews for their transparency, speed, and support throughout the mortgage process, earning numerous industry awards for reliability and customer satisfaction. Their deep roots in Wisconsin ensure they understand local market dynamics.

Experience:28 years
Reviews:400 customer reviews
5001 Springs Drive, Madison, WI 53718

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceFirst-Time Homebuyer Programs
Visit Website
3

Guaranteed Rate

Guaranteed Rate, Inc.

★★★★☆
4.7/5

Guaranteed Rate is a nationally recognized mortgage lender with a robust presence in Wisconsin, including service to Saint Francis. Known for their innovative digital platform and competitive rates, they offer a seamless borrowing experience backed by decades of expertise. Customers highlight their efficiency, knowledgeable staff, and flexibility in loan options, with many reviews noting quick closings and excellent communication. Their combination of technology and personalized service makes them a top choice for homebuyers seeking reliability and modern convenience.

Experience:24 years
Reviews:350 customer reviews
1 Pierce Pl, Itasca, IL 60143

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceARM Loans
Visit Website

Frequently Asked Questions

Common questions about mortgage lending in Saint Francis, WI

Are there any special down payment assistance programs for first-time homebuyers in Saint Francis, WI?

Yes, the Wisconsin Housing and Economic Development Authority (WHEDA) offers several programs, including the WHEDA Easy Close Down Payment Assistance loan, which can provide up to $6,000 in Saint Francis. Additionally, the City of Saint Francis may have local community development initiatives; it's recommended to check with City Hall for any targeted neighborhood programs.

How do property taxes in Saint Francis impact my mortgage payments and affordability?

Saint Francis, located in Milwaukee County, has a relatively high property tax rate, which significantly affects your total monthly payment. When calculating affordability, lenders will factor in these taxes, so it's crucial to get an accurate estimate from the city assessor's office. This often means you may qualify for a slightly lower mortgage principal compared to areas with lower tax rates.

What is a typical down payment percentage for conventional loans on homes in Saint Francis's market?

While 20% down is standard to avoid private mortgage insurance (PMI), many buyers in Saint Francis successfully purchase homes with down payments as low as 3-5% for conventional loans, especially for first-time buyers. Given the city's mix of modest starter homes and more expensive lakefront properties, your required percentage will depend heavily on the purchase price and your specific loan program.

Does living near Lake Michigan in Saint Francis affect my mortgage or insurance requirements?

Yes, if you are purchasing a home in a FEMA-designated flood zone near the lake, your lender will require you to carry flood insurance, which is a separate, mandatory cost added to your monthly mortgage payment. Even if not in a high-risk zone, lenders may still recommend it, and you should always get a flood zone determination during your due diligence.

Are there specific loan programs or considerations for buying a multi-family property (duplex/triplex) in Saint Francis?

Saint Francis has many duplexes, and you can use an FHA loan with as little as 3.5% down to purchase a 2-4 unit property if you intend to occupy one unit. This is a popular strategy for first-time buyers. For conventional financing, down payment requirements are typically 15-25% for investment properties, but owner-occupancy rules can provide better terms.

Mortgage Insights

Finding Your Perfect Mortgage Match in Saint Francis, WI

Buying a home in Saint Francis is an exciting prospect. You’re looking at a community with a unique charm, offering quiet neighborhoods, beautiful lakefront access, and the convenience of being just a short drive from downtown Milwaukee. But before you start picturing your life in your new home, there’s a crucial step: securing the right financing. This is where connecting with the right mortgage broker in the Saint Francis area can make all the difference.

Unlike a bank that offers only its own products, a local mortgage broker acts as your personal loan shopper. They have access to a wide network of lenders and can compare dozens of loan options to find the one that best fits your financial picture and homebuying goals. In a competitive market like ours, where desirable homes near Lake Michigan or in established neighborhoods can move quickly, having a broker who can secure a competitive rate and navigate a swift pre-approval process is a significant advantage.

For Saint Francis homebuyers, a local broker brings indispensable area-specific knowledge. They understand the nuances of our housing stock, from classic mid-century ranches to newer constructions, and how different lenders might appraise them. They can also provide crucial insight into local closing costs and real estate taxes in Milwaukee County. Perhaps most importantly, a broker based in Southeastern Wisconsin will be well-versed in state-specific and regional first-time homebuyer programs that could save you thousands.

Wisconsin offers several valuable programs, such as WHEDA (Wisconsin Housing and Economic Development Authority) loans, which provide competitive rates, down payment assistance, and education for qualifying buyers. A knowledgeable Saint Francis mortgage broker can help you determine if you’re eligible for a WHEDA loan or other local initiatives, ensuring you don’t leave any money on the table.

Your actionable first step? Start your search for a broker with local referrals. Ask your Saint Francis real estate agent, friends, or family who have recently bought in the area for their recommendations. Look for brokers with strong online reviews and a clear presence in Southeastern Wisconsin. When you interview potential brokers, come prepared. Ask them directly: “What experience do you have with homes in Saint Francis and Milwaukee County?” and “Can you walk me through the Wisconsin-specific programs I might qualify for?”

Choosing to work with a dedicated mortgage broker in the Saint Francis area is more than a financial decision; it’s a partnership with a local expert who can guide you through one of life’s biggest investments with confidence. By taking the time to find the right professional, you’re not just getting a loan—you’re gaining a trusted advisor to help you unlock the door to your new home.

Nearby Cities

Explore mortgage lenders in cities near Saint Francis, WI

Why Choose a Mortgage Lender in Saint Francis?

Local Market Knowledge

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