The Best Mortgage Lenders in Sturtevant, WI
Compare verified mortgage lenders serving Sturtevant, Wisconsin. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Sturtevant
Featured Mortgage Lenders
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is a top-rated lender known for its exceptional customer service and competitive rates. With over 28 years in business, they offer a wide range of loan products and have a strong local presence in southeastern Wisconsin, including Sturtevant. Their high ratings stem from personalized service, efficient processing, and a commitment to community involvement, making them a trusted choice for homebuyers in the area.
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Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate combines digital innovation with local expertise to provide fast, competitive mortgage solutions. Founded in 2000, they have a robust presence in the Milwaukee metropolitan area, serving Sturtevant with a focus on transparency and customer satisfaction. Their high ratings reflect a seamless online experience, knowledgeable staff, and a variety of loan options tailored to individual needs.
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New American Funding
New American Funding
New American Funding is a highly regarded lender with over two decades of experience, offering diverse loan programs and a strong commitment to underserved communities. They serve Sturtevant and the broader Racine County area with competitive rates, bilingual support, and a reputation for reliability. Their high customer satisfaction ratings are due to personalized service, flexible terms, and a focus on making homeownership accessible.
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Frequently Asked Questions
Common questions about mortgage lending in Sturtevant, WI
Are there any first-time homebuyer programs specific to Sturtevant or Racine County that can help with down payment or closing costs?
Yes, the Wisconsin Housing and Economic Development Authority (WHEDA) offers several first-time homebuyer programs with competitive rates and down payment assistance, available throughout Racine County including Sturtevant. Additionally, local lenders often have knowledge of community-specific grants or programs, such as those tied to certain neighborhoods or professions, that can provide extra support for closing costs.
How do property taxes in Sturtevant, WI, impact my mortgage payments and qualification?
Sturtevant's property taxes are a significant component of your monthly escrow payment. The Village of Sturtevant, within Racine County, has a combined property tax rate that is generally competitive within the region but can vary based on the specific school district. Your lender will use the estimated tax rate to calculate your debt-to-income ratio, so it's crucial to get an accurate estimate early in the pre-approval process.
What is the typical timeline for mortgage approval and closing on a home in Sturtevant's market?
Given Sturtevant's proximity to larger metro areas like Racine and Kenosha, the local market can be competitive, making a swift pre-approval essential. From application to closing, you should typically plan for 30-45 days. Working with a lender familiar with local title companies and Racine County recording procedures can help avoid delays, especially during the busier spring and summer seasons.
Are USDA rural development loans available for homes in Sturtevant, WI, given its location?
While parts of Racine County are eligible for USDA loans, the Village of Sturtevant itself is generally considered too developed to qualify for the USDA's rural housing program due to its proximity to I-94 and the Racine-Kenosha urban corridor. However, FHA, VA, and conventional loans are widely used, and it's best to consult with a local loan officer to confirm the eligibility of a specific property address.
How does Sturtevant's position in the Racine-Kenosha corridor influence home appraisals and mortgage lending?
Appraisals in Sturtevant often use comparable sales ("comps") from within the village and nearby communities like Mount Pleasant and Caledonia. Lenders recognize the area's stable demand due to its strategic location between Milwaukee and Chicago, which can support solid property values. However, appraisers will closely scrutinize any unique factors, such as proximity to the Union Pacific railyard or I-94, which can affect value.
Why Choose a Mortgage Lender in Sturtevant?
Local Market Knowledge
Lenders who understand Sturtevant'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 Sturtevant and get competitive rates on your home loan.