Mortgage Solutions in the State of Wisconsin
Wisconsin, a state with coastlines on two of the great lakes, is renowned for its hardcore dairy production and brewery culture, and being the birthplace of Harley-David Motorcycles. Fortunately, for those interested in living the Wisconsin lifestyle, our team of home finance experts is ready and waiting to teach you everything you need to know about mortgage basics in the state. At the moment, the average home listing price in Wisconsin is $174,539, which is noticeably less than the nationwide median of $261,500 -- which means it could be a wonderful time to buy a home in The Badger State.
Right now, one of the most expensive areas to purchase a home in Wisconsin is the capitol city itself, Madison, with with a median home listing price of $217,800. In comparison, Kenosha's median home value is only $130,900. More surprisingly, in the popular cities of Green Bay and Milwaukee, the median home listing prices are also lower than the national and statewide medians, with median home values of $123,800 and $99,500 respectively.
At home.loans, our team is committed to the single purpose of providing you with the best and most up-to-date information about the home buying process in the state of Wisconsin. Whether you want to buy a new home, refinance an existing one, or get a conventional or FHA loan, we can't wait to help be a part of your home buying success story!
Best Wisconsin Mortgage Lender: Fairway Independent Mortgage Corporation
A rapidly growing name in the national home finance industry, Fairway Independent Mortgage Corporation is one of the best options for conventional, FHA, and VA financing across the country. Home buyers will agree that it’s actually pretty easy to find a Fairway location when its time to get a home loan. Beyond that, their customer service is well known to be top notch.
Fairway Independent Mortgage Corporation has stunning reviews from its client base over the years. One thing they seem to excel in is cutting down the closing costs that borrowers are expected to pay at the end of a mortgage transaction, as well as facilitating a faster closing.
Fairway may very well be the best option for first time home buyers on this list. Their attention to detail and completely transparent methodology is perfect for obtaining a mortgage loan at a great rate in a stress-free environment.
Best Wisconsin Mortgage Refinance Lender: Guaranteed Rate
A Kingpin of the online mortgage trend that plays a large role in mortgage refinancing is Guaranteed Rate. Their participation in the digital mortgage wave leaves many other platforms lacking by comparison.
Guaranteed Rate is also extremely experienced with the origination and refinancing of government-insured loan products such as FHA and VA loans. The ability to offer mortgage refinancing through one of the best digital mortgage platforms available makes them serious competition to other mortgage lenders, and highly favored among repeat and first time home buyers.
The online platform makes securely uploading the important financial documentation requested for a loan approval fast and easy. Borrowers can even check their credit scores through the service, rather than go elsewhere. Guaranteed Rate is one of the rare few digital mortgage platforms where a mortgage loan can be refinanced without ever needing to speak with someone unless requested by the homeowner.
Best Wisconsin FHA Mortgage Lender: Ditech Home Loans
The mortgage process was never designed to be simple or easy, but that still doesn't stop the team at Ditech from making it feel that way. Ditech has been in the mortgage business for quite some time now, and they are experts at FHA financing.
Still, it wasn’t until recent revamps to the company that Ditech truly blossomed into the powerhouse that it is now, truly deserving of a place in the top 5 best FHA lenders. Ditech loan officers work hard at bridging the gap between mortgage professionals and home buyers, creating a dialogue about every step in the mortgage transaction as it transpires.
Home Buyers can be confident in the prowess of Ditech loan officers, who consistently find the lowest possible rates and fees for their clients. They are even among the top lenders when it comes to an easy closing, with minimal stress.
To find out more about home loan solutions in Wisconsin, simply fill out the form below and one of our friendly mortgage experts will get in touch.
Best Wisconsin VA Mortgage Lender: AnnieMac Home Mortgage
While headquartered in Mount Laurel, N.J., AnnieMac Home Mortgage provides FHA, VA, Fannie Mae, and Freddie Mac loans throughout the nation. AnnieMac Home Mortgage is a mid-sized lender, with around 200 direct employees, but over 1,000 affiliate workers around the U.S. And, while AnnieMac Home Mortgage is relatively new, having been founded only in 2010, it has one of the highest ratings on Zillow, which could make it an attractive choice for both first-time and experienced VA loan borrowers in the state.
The loan officers of AnnieMac are quite knowledgeable, and are incredibly committed to keeping an open line of communication throughout the mortgage process. Previous customers nationwide tend to agree that their customer service was amazing, and that the mortgage process was seamless and easy.
Best Wisconsin Home Equity Lender: U.S. Bank
With a history dating all the way back to 1863, U.S. Bank is the farthest thing from the new kid on the block. Its strong presence in today’s mortgage market as the country’s fifth largest bank is a testament to their deep commitment to providing affordable HELOCs and home equity loans with excellent service.
U.S. Bank offers both home equity loans as well as HELOCs. Their home equity loan offering is a fixed rate HEL with a term of up to 30 years, while their HELOC product has a variable interest rate coupled with a draw period of 10 years.
U.S. Bank is well known for its knowledgeable staff and expert loan officers. Chances are, no matter what a borrower’s financial situation may look like, they can come up with an affordable home equity solution.
Experience often trumps trendy advancements, and the face-to-face personalized mortgage services offered by U.S. Bank are a shining example of this. Home buyers never have to worry about a lack of communication or being rushed, and will be treated with the same respect and due diligence as their big-name clients.
Shop Around Before You Get a Wisconsin Home Loan
Our picks for the best mortgage lenders in Wisconsin may not necessarily represent the best lender for your financial situation, goals, and desires. Everyone’s story is unique, and sometimes the best mortgage terms can be found in the most obscure places. Regardless of experience or lack thereof, the best plan of action is to shop around with multiple lenders to find out which one can provide the ideal mortgage solution that comes with the terms and affordability that best suits any particular financial situation.
While looking at reviews can be a huge help, getting a one on one consultation could mean saving thousands. If you’d like some help in locating the best mortgage lender in your area, don't hesitate to contact a home.loans mortgage expert!