Offering the Best Mortgage Rates in South Dakota
Leading Provider of Home Loans in the Sioux Falls
Affiliated Mortgage is a trusted and well-established mortgage company with excellent customer service, ensuring high satisfaction for our customers! Our knowledgeable team guides you through every step of your home loan process – from getting prequalified to securing loans at competitive rates. We’ve been rated as one of the top lenders among all companies because we put an emphasis on being courteous and understanding when people need help making tough decisions about their finances.!
For more than 30 years Affiliated Mortgage has offered its services locally responsibly while keeping prices down by offering products that suit individual needs rather than cookie-cutter options – which can be seen in our excellent customer reviews. We have also been rated as the best mortgage broker in Denver and most trusted mortgage lenders in Rapid City
Government Insured Mortgages
FHA loans are perfect for those on a tight budget. With these low-cost mortgages, you will not need to be worried about your credit score or the down payment amount! Still, FHA loans have their restrictions and limits that one has to be careful of.
USDA loans are special government-backed mortgages for people with low and moderate incomes who want to buy homes in rural areas. The rates offered by these programs are better than average market rates, while they also finance 100% of your home’s purchase price!
VA loans are for members of the US military and their families. They offer low-interest rates, flexible terms, and no PMI or down payment required! Overall it has better terms than private lending options available today.
A conventional mortgage is a home buyer’s loan that is not insured by any government agency. It has two types: conforming and non-conforming loans. They are available through private lenders such as banks, credit unions, or other financial institutions like online lenders who offer this type of financing for qualified borrowers with stable income, good employment history, and strong credit (allowing them to make their monthly payments). Conventional mortgages may have higher interest rates than those of government-backed options but they also come without the risk associated with federal programs which can change at any given moment leaving you in debt.
It requires documentation such as proof of income; verification from employer/former employers if unemployed about your current work status, and proof of assets (if any).
About Sioux Falls
If you’re looking for a city to buy your first home, Sioux Falls might be the right place! This growing metropolitan area is in South Dakota and is the largest city here. Sioux Falls takes up 29% of South Dakota’s population (around 190 thousand).
Businesses here are thriving with unemployment rates as low as 2%. There are over 80 parks with beautiful scenery like so many waterfalls running through the town or biking trails that go on forever! Not only does this have an Aquatic center but also countless theatres & cultural arts events going around as well–and not only that but we’ve got our own library too!
Other things to consider in Sioux Falls:
- Falls Community Health Clinic
- Sioux Falls Libraries
- Coming up Sioux Falls Housing Summit 2021
We Love Testimonials
From the moment we started the mortgage process, Ryan has set a new standard for the phrase “on the ball”. His quick turnaround in finding me mortgage options and answering the myriad questions I had was beyond impressive and I truly got the sense that he was working every angle he could to find me the best solutions. I’ve heard countless horror stories from friends in the past about their mortgage process and I’m thrilled to say I don’t have any of my own to contribute.
Thank you, Ryan! Believe me when I say, I COULD NOT have done it without you!