Smith Center, KS Mortgage Rates and Refinance Rates

Mortgages in Smith Center, KS: Find the best Smith Center, KS mortgage rates today from banks and credit unions. When results are displayed for mortgage rates in Smith Center, KS, you can easily sort your search results by lender, rate, APR and points so you can easily compare results. Whether you’re looking for conforming, jumbo, adjustable or interest-only mortgage rates in Smith Center, KS. Another option is searching for Smith Center, KS refinance rates if you're looking to refinance a loan. Best of all you don't have to provide any personal information to see a list of Smith Center, KS mortgage rates or refinance rates.

Search and Compare Smith Center, KS Mortgage Rates & Refinance Rates



Smith Center, Kansas Conforming Mortgage Rates and Refinance Rates

Conforming home mortgage rates in Smith Center, KS are the most popular type of mortgages rates you can find advertised for home buyers in Smith Center, KS. Conforming mortgages, also known as conventional mortgages, are mortgages that meet certain criteria set out by Federal Housing Finance Agency (FHFA). There is a loan limit set for each county in the United States. Higher mortgage loan limits are set for high housing cost areas. Smith Center, KS mortgages that 'conform' to the standards set out by the Federal Housing Finance Agency can be purchased by government sponsored entities (GSE) like Freddie Mac and Fannie Mae. This process guarantees Smith Center, KS banks, mortgage companies and credit unions are able to resell home mortgage loans that they make. This process also makes Smith Center, KS conforming mortgage rates and refi rates lower than Smith Center, KS jumbo mortgage rates and jumbo refinance rates because the GSE's can’t purchase jumbo mortgages that are made by Smith Center, KS home finance companies, credit unions and banks.

Jumbo Mortgage Rates and Refinance Rates in Smith Center, Kansas

Jumbo mortgage rates in Smith Center, KS are advertised for home loans that have a dollar amount that is higher than conventional loan amounts. Jumbo mortgage rates and jumbo refinance rates are always higher than conventional mortgage rates for both fixed mortgage rates in Smith Center, KS and adjustable mortgage rates in Smith Center, KS. Interest rates are higher because third party investors buy the home loans credit unions, banks and mortgage companies in Smith Center, KS make.

Smith Center, Kansas Fixed Mortgage Rates and Fixed Refinance Rates

Smith Center, KS fixed rate mortgages are the most common mortgage available to borrowers. With a fixed mortgage the interest rate stays the same for the entire loan period. Fixed mortgages are available in 40 years, 30 years, 20 years, 15 years and 10 years. The longer the mortgage term the lower the monthly mortgage payment will be.

Smith Center, Kansas Adjustable Mortgage Rates

Adjustable Smith Center, KS mortgage rates are fixed for a period of time and then the mortgage rate adjusts every year after. The most common adjustable mortgages terms available in Smith Center, KS are 1 year, 3 year, 5year and 7 year. Adjustable rate mortgages are advertised as 1 year, 3/1, 5/1 and 7/1. Adjustable mortgages are available for conforming dollar amounts and jumbo dollar amounts in Smith Center, KS. Most adjustable mortgages in Smith Center, KS have yearly caps and life time maximum caps on how high the interest rate can fluctuate.



Google Map for Smith Center, KS Rates & Resources


Smith Center FDIC Insured Banks

Bank Name

FDIC Cert Number

Address

First National Bank and Trust

4756 206 West Hwy 36, Smith Center, KS 66967

The First National Bank of Smith Center

4772 133 South Main Street, Smith Center, KS 66967

The First National Bank of Smith Center

4772 202 South Main Street, Smith Center, KS 66967

The Peoples Bank

1147 136 South Main, Smith Center, KS 66967