The Best Mortgage Lenders in Suamico, WI
Compare verified mortgage lenders serving Suamico, Wisconsin. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Suamico
Featured Mortgage Lenders
Investors Community Bank
Investors Community Bank
Investors Community Bank is a locally-owned and operated financial institution with a strong reputation in Northeast Wisconsin, including Suamico. Known for its personalized mortgage services, competitive rates, and deep community involvement, the bank offers a comprehensive range of loan products. With over 25 years of experience, they prioritize customer satisfaction and have built trust through reliable, hands-on support for homebuyers in the region.
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Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is a highly rated national lender with a robust local presence in the Green Bay area, serving Suamico residents effectively. Renowned for exceptional customer service, competitive rates, and a wide array of loan options, they have consistently high ratings from borrowers. Their experienced team provides tailored mortgage solutions, making them a top choice for home purchases and refinancing in the community.
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Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a leading digital mortgage lender with a strong local office in Green Bay, offering efficient and competitive services to Suamico homebuyers. Known for their innovative online platform, quick loan processing, and transparent pricing, they combine technology with personalized support. With over two decades of experience, they have earned high customer satisfaction ratings for their reliability and wide range of mortgage products.
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Frequently Asked Questions
Common questions about mortgage lending in Suamico, WI
Are there any local down payment assistance programs specifically for buyers in Suamico, WI?
While Suamico itself does not offer a municipal program, Brown County and the State of Wisconsin provide excellent resources. The Wisconsin Housing and Economic Development Authority (WHEDA) offers down payment assistance and favorable loan terms for eligible buyers, which are widely used in Suamico. Additionally, local lenders often have relationships with regional programs that can help with closing costs.
How do property taxes in Suamico impact my mortgage payment and qualification?
Suamico, located in Brown County, has property tax rates that are generally competitive within the region but are a key factor in your total monthly payment. Lenders will calculate your debt-to-income ratio using these estimated taxes, which are typically escrowed as part of your mortgage payment. It's crucial to get an accurate tax estimate from your real estate agent or the village assessor's office when determining your budget.
What are typical mortgage rates offered by local lenders in Suamico compared to national averages?
Mortgage rates in Suamico are influenced by national trends but can vary slightly between local community banks, credit unions, and national lenders. Generally, rates are in line with the national average, but local credit unions like Horizon or Associated Bank may offer special promotions or relationship discounts. It's highly recommended to get quotes from at least one local institution and one national lender to compare.
Does Suamico's location in a floodplain affect the mortgage process for homes here?
Yes, properties near the Suamico River or other waterways may be in designated flood zones. If so, your lender will require you to purchase flood insurance as a condition of the mortgage, which will be added to your monthly escrow payment. It's essential to check the FEMA flood maps early in your home search, as this mandatory insurance can significantly impact your overall housing cost.
Are there specific loan programs or considerations for buying a home in one of Suamico's newer subdivisions versus an older property?
For newer construction in subdivisions like Autumn's Gate or Settlers Crossing, builders often have preferred lenders who may offer incentives like closing cost credits. For older homes, an FHA 203(k) renovation loan could be a valuable tool if updates are needed. Regardless of the property age, ensure your appraisal accurately reflects value in Suamico's specific market, where newer homes and established neighborhoods can have different valuation trends.
Nearby Cities
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Why Choose a Mortgage Lender in Suamico?
Local Market Knowledge
Lenders who understand Suamico'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 Suamico and get competitive rates on your home loan.