Best Mortgage Lenders in Kansas in 2019

ValuePenguin is a consumer finance website dedicated to providing consumers with clear, objective advice for the financial decisions they make every day. We've spent dozens of hours comparing mortgage lenders across Kansas to distill the details that matters most to you.

Editorial Note: The editorial content on this page is not provided or commissioned by any financial institution. Any opinions, analyses, reviews, statements or recommendations expressed in this article are those of the author alone, and may not have been reviewed, approved or otherwise endorsed by any of these entities prior to publication.

Recommended ForLenderMin. Credit ScoreHighlights
First-Time Home BuyersCapitol Federal Savings Bank620
  • Most popular lender in the state
  • Second largest branch network in Kansas
RefinancingQuicken Loans620
  • Most home refinances completed over last five years
  • Received J.D. Power's highest rating for customer service for eight years in a row
Online LoansGuaranteed Rate620
  • One of the lowest rates of complaints logged through the CFPB
  • Fully automated online pre-approval process
VA LoansUSAA620
  • No down payment required on VA loans with USAA
  • Most popular VA lender in Kansas
Poor CreditFairway Independent Mortgage Corporation580
  • Fastest-growing FHA lender among Kansas' top mortgage companies
  • Top five FHA lender in Kansas
Recommended ForLenderMin. Credit Score
First-Time Home BuyersCapitol Federal Savings Bank620
RefinancingQuicken Loans620
Online LoansGuaranteed Rate620
VA LoansUSAA620
Poor CreditFairway Independent Mortgage Corporation580

Finding the best mortgage lender in Kansas means finding the right mix of low APRs, timely loan processing and knowledgeable customer service. Read our lender reviews to find out more about our top picks in the Sunflower State.

Best Mortgage Lender for First-Time Home Buyers: Capitol Federal Savings Bank

Capitol Federal Savings Bank was our top pick for first-time home buyers in Kansas. Not only does it offer some of the lowest conventional mortgage rates around, but it also boasts the second largest branch network in the state, making it easy to access whether you live near Shawnee or Dodge City.

Consider this if You're looking for an accessible local lender with competitive rates.

Good For …Bad For …
  • Borrowers who prefer face-to-face service
  • Some of the lowest fixed-rate mortgages around
  • USDA, FHA or VA loans

Capitol Federal Savings Bank has everything you need as a first-time homebuyer, from ease-of-access to competitive rates. The lender boasts the second largest branch network in Kansas, and the rates on its 30- and 15-year conventional mortgage loans are some of the lowest on the market. Capitol Federal is the most popular mortgage lender in Kansas for good reason, having sold over 18,000 residential mortgage loans over the past five years.

Capital Federal is also a Kansas Housing Resources Corporation-approved lender, which allows it to offer you first-time homebuyer assistance, drastically reducing your closing costs. If eligible, you can qualify for a loan of up to 20% of your home’s purchase price, which is forgiven over time. This makes it an excellent choice if you’re a couple that’s looking to settle down and make the jump from renting to owning.

Best Mortgage Lender for Refinancing: Quicken Loans

Quicken Loans is our top choice for refinancing existing home loans, thanks to its rock-bottom refinancing rates. It's seen the fastest growth in refinancing loans among Kansas' top mortgage companies.

Consider this if You need to refinance or cash out on your existing mortgage.

Good For …Bad For …
  • Easy online application process
  • Fast loan closings and low rates for refinancing
  • Home equity financing
  • Face-to-face interaction

Read the Full Review

If you’re worried about working with an online lender, you can relax, as Quicken snagged J.D. Power's highest rating in customer satisfaction for eight years in a row. Over the past five years, Quicken Loans increased its volume of refinancing loans by over 22% in Kansas, thanks to its competitive rates and lightning-fast closing process. With over 7,400 refinances closed since 2013, Quicken is king in Kansas.

Many borrowers found that Quicken closed loans over a week earlier than some of its brick-and-mortar competitors, thanks to its streamlined electronic underwriting process. Customer reviews reported that the lender’s experienced loan officers kept them up-to-date every step of the way. If you’re someone who wants to get your refinancing done quickly and efficiently, it’s worth checking with Quicken for a rate quote.

Best Online Mortgage Lender: Guaranteed Rate

We picked Guaranteed Rate as our best online mortgage lender for its intuitive web interface and outstanding reputation for customer service. The lender also maintains a branch in Overland Park if you want to apply in person, but the entire process can be completed online.

Consider this if You're looking for a fast online loan approval from a reputable lender.

Good For …Bad For …
  • Well-qualified borrowers looking for the best rates
  • Easy-to-use web interface and fast approvals
  • Borrowers with poor credit
  • Homeowners seeking a home equity loan

Read the Full Review

If you’re looking for a reputable online lender, look no further, as Guaranteed Rate achieved top marks in customer satisfaction in a 2017 study conducted by J.D. Power. Whereas most brick-and-mortar lenders might take days to review your application, Guaranteed Rate cuts that time down to minutes. With its pioneering Digital Mortgage, you’ll be able to complete your application and get approved in minutes, all within the comforts of your own home.

If you’re a tech-savvy shopper, you’ll find that Guaranteed Rate’s Loan Finder interface is head and shoulders above its competitors. You can review and compare multiple loans and terms simultaneously, while adjusting your settings on the fly. This beats having to wait for a loan officer to refresh your rates while comparison shopping. If you have excellent credit and a low debt-to-income ratio, you can find some of the lowest rates in Kansas by applying with Guaranteed Rate.

Best Mortgage Lender for VA Loans: USAA

USAA is our No. 1 lender for veterans and active-duty military personnel in Kansas, due to its low down-payment requirements and strong military focus. It's also the most popular VA lender in Kansas, making it a solid choice if you’re stationed near Fort Riley.

Consider this if you're looking for a lender with a strong military focus

Good For …Bad For …
  • Veterans seeking to minimize their out-of-pocket expenses
  • Service members who want to keep all of their finances in one place
  • Anyone unaffiliated with the military
  • Borrowers looking for a FHA, USDA or home equity line of credit

Read the Full Review

If you’re a veteran or current servicemember, you’ll feel right at home with USAA, as the lender has been serving military personnel and their families since 1922. USAA underwrote over 1,900 VA loans in Kansas over the past five years, making it the most popular VA lender in the state. It also managed to achieve one of J.D. Power’s highest ratings for customer satisfaction.

Most borrowers find USAA's VA rates to be on the lower end of the spectrum when compared to most major banks. A lot of the lender's value comes from using multiple USAA products in tandem, as the lender offers cash-back rewards of up to $24,000 if you buy a home using its real estate network. It’s also an excellent choice if you’re looking to simplify your finances and keep everything in one place, as USAA provides attractive banking and insurance services as well.

Best Mortgage Lender for Poor Credit: Fairway Independent Mortgage Corporation

Fairway Independent is our top lender for low-to-moderate-income borrowers and applicants with bad credit. The lender has branches strewn across Northeastern Kansas, in Topeka, Manhattan, Lawrence and much of Kansas City.

Consider this if You're having trouble getting approved elsewhere for a conventional mortgage loan.

Good For …Bad For …
  • Specialty-financing programs like USDA, VA and FHA loans
  • Low down-payment programs like Home Ready/Home Possible
  • Home equity loans and second mortgages

Fairway Independent has seen its market share grow steadily over the past five years and is currently the fastest growing FHA lender in Kansas, having grown its volume of originations by 33% over that period. If you’re having trouble qualifying for a mortgage, due to bad credit or low-income, it might be worth applying for an FHA loan with Fairway Independent; FHA loans are low down-payment, reduced credit requirement mortgages sponsored by the Federal Housing Administration. In some cases, you might be able to obtain an FHA mortgage with a down payment of as low as 3.5% and a credit score of 580.

While the lender doesn't make its rates publicly available on its website, applicants will typically find average FHA rates to be close to or slightly below conventional mortgage rates. Your monthly payments will be higher due to PMI requirements on FHA loans, but it'll be easier to qualify for than a conventional mortgage. For rural and veteran home buyers, Fairway Independent also offers USDA and VA loans, which allow for low or no down payment.

Most Popular Home Loan Companies in Kansas

Home buyers shopping for mortgages in Kansas should review quotes from at least three lenders to get a sense of where average mortgage rates are. We've included the five most popular mortgage lenders in Kansas below, based on the number of residential home loans originated over the past five years.

Top 5 Biggest Kansas Residential Mortgage Lenders, 2013–2019

RankCompanyMortgage originationsAverage mortgage amount
1Capitol Federal Savings Bank18,437$165,198
2Wells Fargo12,587$165,697
3Quicken Loans10,282$156,976
4Community America Credit Union9,755$162,389
5U.S. Bank8,804$146,798

When comparing lenders, it's a good idea to compare each company's record for customer service in addition to its rates. Things like accessibility and complaints should be factored in when getting pre-approved with multiple lenders.

How We Chose the Best Mortgage Lenders in Kansas

We reviewed each lender's unique terms and conditions when choosing the best lenders. We found that lenders who offered the same interest rates often ended up thousands of dollars apart after factoring in fees. As a result, in addition to interest rates, we chose to weigh the following categories:

  • Total cost: interest rates and fees
  • Product: terms, loan types and specialty
  • Servicing: transparency, complaint rates and branch network

We chose to highlight any terms a lender offered that weren't common. For example, while almost every mortgage lender offers conventional fixed-rate home loans, a smaller minority focuses on unique financing programs like those offered by the USDA or State Financing Authorities. We honed in on these offerings when available.

We checked complaints logged through the Consumer Financial Protection Bureau to forecast the likelihood of issues arising during the origination and servicing process. Lenders who logged sizable numbers of complaints were penalized relative to lenders who registered minor infractions. We also assessed the accessibility of each lender in addition to the user interface of its online platform.

Mortgage Brokers Near Me in Kansas

Mortgage brokers can compare loans from multiple lenders on your behalf and can be a useful guide for first-time home buyers and anyone who has trouble qualifying for a mortgage on their own. With any luck, a mortgage broker can find the home loan that's right for you, and at the best rates on the market. Use the table below to find a licensed mortgage broker near you.

NameAddressPhone Number
Focus Lending Solutions12022 Blue Valley Pkwy, Overland Park, KS 66213(913) 210-0775
Churchill Mortgage2300 Main St ste 900, Kansas City, MO 64108(913) 214-4477
Finance of America Mortgage11300 Tomahawk Creek Parkway, Leawood, KS 66211(215) 591-0222
First Assured Mortgage4830 Bob Billings Pkwy #100a, Lawrence, KS 66049(785) 856-5626
First Equity Mortgage Services, Inc.10011 W 21st St, Wichita, KS 67205(316) 721-7744
Elite Mortgage Group, LLC7301 Mission Rd suite 254b, Prairie Village, KS 66208(816) 875-0074
Caffrey & Co LLC11225 College Blvd #125, Overland Park, KS 66210(913) 402-7077
Tallgrass Financial LLC305 N Cedar St, Abilene, KS 67410(785) 200-6960
Madison Miller

Madison is a Research Analyst at ValuePenguin and focuses on student loans and personal loans. She graduated from the University of Rochester with a B.A. in Financial Economics with a double minor in Business and Psychology.

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