The Best Mortgage Lenders in Sullivan, WI
Compare verified mortgage lenders serving Sullivan, Wisconsin. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Sullivan
Featured Mortgage Lenders
Lakeland Credit Union
Lakeland Credit Union
Lakeland Credit Union stands out as a top-rated local lender serving Jefferson County and surrounding areas including Sullivan. As a member-owned financial cooperative, they offer personalized mortgage services with highly competitive rates and flexible terms. Their mortgage team provides exceptional one-on-one guidance through the entire home buying process, with particular expertise in first-time homebuyer programs and rural property financing. Known for their responsive customer service and local decision-making authority, they maintain a 4.8-star rating across multiple review platforms with customers consistently praising their transparency and efficiency.
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First Citizens State Bank
First Citizens State Bank
First Citizens State Bank has been serving southeastern Wisconsin communities for over a century, with deep roots in Jefferson and Walworth Counties including Sullivan. Their mortgage department earns exceptional reviews for their local expertise and commitment to community banking values. They offer a comprehensive range of mortgage products with competitive rates and are particularly strong in construction lending and agricultural property financing. With local underwriting and decision-making, they provide faster closings and more flexible terms than many larger institutions, backed by their longstanding reputation for reliability and customer-focused service.
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Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation - Jefferson County
Fairway Independent Mortgage Corporation maintains a strong presence throughout southeastern Wisconsin with a dedicated team serving Jefferson County and Sullivan area. As one of the nation's largest mortgage lenders with deep local expertise, they combine the resources of a major lender with personalized local service. They consistently earn top ratings for their competitive rates, extensive loan program options, and exceptional customer service. Their local loan officers have extensive experience with rural property financing and Wisconsin-specific programs, while their efficient processing and underwriting teams ensure smooth, timely closings. Multiple review platforms show hundreds of satisfied customers praising their professionalism and communication throughout the mortgage process.
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Frequently Asked Questions
Common questions about mortgage lending in Sullivan, WI
What are the current mortgage rates like in Sullivan, WI, and how do they compare to state or national averages?
Mortgage rates in Sullivan typically align closely with national averages, but local credit unions like Landmark Credit Union or smaller community banks may offer competitive, slightly lower rates for well-qualified buyers. It's always wise to compare offers from both local institutions and larger national lenders, as rural markets like Sullivan can sometimes have more favorable terms to attract homebuyers to the area.
Are there any down payment assistance programs specifically for first-time homebuyers in Sullivan?
Yes, first-time homebuyers in Sullivan can access the Wisconsin Housing and Economic Development Authority (WHEDA) programs, which offer competitive rates, low down payments, and down payment assistance grants. Additionally, Jefferson County may have local initiatives, so checking with the county's community development office is recommended for any Sullivan-specific opportunities.
How does the appraisal process work for a rural property in Sullivan, and are there any unique challenges?
Appraising rural properties in Sullivan can be more complex due to larger lot sizes, septic systems, wells, and fewer comparable sales ("comps"). Lenders often require appraisers with specific experience in rural valuations. Be prepared for a potentially longer process and ensure your lender is familiar with financing homes in Jefferson County's rural areas to avoid delays.
What type of property taxes can I expect when getting a mortgage for a home in Sullivan, WI?
Property taxes in Sullivan are determined by Jefferson County and the Sullivan Town/Village. Rates are generally moderate for Wisconsin, but they can vary based on the property's assessed value and specific location within the township. Your lender will estimate these taxes for your escrow account, but you should verify the current mill rate with the local treasurer for precise budgeting.
Are USDA Rural Development loans a common and good option for mortgages in Sullivan?
Absolutely. Given Sullivan's designation as a rural area, USDA loans are a popular and excellent option for eligible buyers. They offer 100% financing (no down payment) for qualified borrowers purchasing a primary residence. Most of Sullivan qualifies for this program, making it a key advantage for homebuyers looking in this specific market.
Why Choose a Mortgage Lender in Sullivan?
Local Market Knowledge
Lenders who understand Sullivan'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 Sullivan and get competitive rates on your home loan.