If you are thinking of buying a home in Arkansas, there are a lot of options. There are about 1.4 million housing units In the state, according to the US Census Bureau, and the homeownership rate of 66% is just above the national average of 64%. 2018 American Community Survey.
The median housing value of Arkansas is $ 133,100, down from the national median of $ 229,700. Although home values vary by region, they remain relatively low across the state, with the highest reported average value by county being $ 172,000.
US News’ Best Arkansas Mortgage Lender
Methodology: US News conducted an in-depth review of major direct mortgage lenders in Arkansas. The research was based on program availability, customer satisfaction ratings, and qualification requirements. Because each consumer has different needs, the top finishers were chosen in several key areas.
Before you apply
- Mortgage Type: ARM, Traditional, FHA, Refinance, USDA and VA
- Minimum FICO Credit Score: 660
- Maximum loan amount: $ 1.5 million
- Better Business Bureau Rating: A +