The Best Mortgage Lenders in Saukville, WI
Compare verified mortgage lenders serving Saukville, Wisconsin. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Saukville
Featured Mortgage Lenders
Fairway Independent Mortgage
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage is a top-rated lender with a strong presence in southeastern Wisconsin, including Saukville. Known for its competitive rates and exceptional customer service, Fairway has built a reputation for streamlining the mortgage process with a wide range of loan options. Their local loan officers provide personalized guidance, and they consistently receive high marks for responsiveness and transparency. With over 28 years in business, they offer extensive experience in both purchase and refinance loans, making them a trusted choice for homebuyers in Ozaukee County and beyond.
Loan Types:
New American Funding
New American Funding LLC
New American Funding is a highly regarded mortgage lender serving Saukville and the broader Milwaukee metro area. They excel in offering flexible loan programs, including options for self-employed borrowers and those with unique financial situations. With a focus on community engagement and customer education, they provide tailored solutions and competitive rates. Their 21 years of experience and strong review ratings highlight their reliability and commitment to customer satisfaction, making them a popular choice for diverse home financing needs in Wisconsin.
Loan Types:
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a premier mortgage lender with a robust local presence in southeastern Wisconsin, including service to Saukville. They are celebrated for their innovative digital mortgage platform, which simplifies the application process while maintaining a personal touch through local experts. With competitive rates and a wide array of loan products, they cater to first-time buyers, investors, and those seeking refinancing. Their 24 years of industry experience and high customer review scores underscore their dedication to efficiency, transparency, and exceptional service in the Ozaukee County area.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Saukville, WI
Are there any down payment assistance programs specifically for Saukville, WI, homebuyers?
Yes, homebuyers in Saukville can access statewide Wisconsin programs like WHEDA (Wisconsin Housing and Economic Development Authority) Advantage and Capital Access loans, which offer competitive rates and down payment assistance. Additionally, Ozaukee County may have local initiatives or grants; it's best to consult with a local lender familiar with the county's specific resources to maximize your benefits.
How do property taxes in Ozaukee County affect my mortgage payments in Saukville?
Ozaukee County has some of the highest property tax rates in Wisconsin, which significantly impacts your total monthly mortgage payment when escrowed. For accurate budgeting, factor in an effective tax rate of approximately 1.8% to 2.2% of the home's assessed value. Your lender will use the exact mill rate for the Village of Saukville to calculate your precise escrow payment.
What is a typical down payment requirement for a conventional loan on a home in Saukville's market?
While 20% down is ideal to avoid private mortgage insurance (PMI), many buyers in Saukville successfully purchase with 5%, 10%, or 15% down, especially with strong credit. Given the village's median home price, a 5% down payment can be a more accessible entry point, but you should discuss PMI costs with your lender to understand the full financial picture.
Does Saukville's location in a flood zone affect my mortgage requirements?
Properties near the Milwaukee River or Sauk Creek may be in designated flood zones, which will require separate flood insurance as a mandatory condition of your mortgage. Your lender will order a Flood Zone Determination during processing. Even if not required, given Saukville's topography, flood insurance is a wise consideration for many homes and can impact your overall housing cost.
Are USDA rural housing loans available for homes in Saukville, WI?
Most of Saukville is eligible for USDA Rural Development loans, which offer 100% financing with no down payment. This is a significant advantage for eligible buyers, as the village is classified within a qualifying rural area by the USDA map. This program can be ideal for first-time or moderate-income buyers looking at single-family homes in the area.
Nearby Cities
Explore mortgage lenders in cities near Saukville, WI
Why Choose a Mortgage Lender in Saukville?
Local Market Knowledge
Lenders who understand Saukville'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 Saukville and get competitive rates on your home loan.