If you’re thinking of buying a home in Arkansas, there are a lot of options. There are nearly 1.4 million housing units in the state, and the homeownership rate of 66% is just above the national average of 64%, according to the U.S. Census Bureau’s 2018 American Community Survey.
Arkansas’s median housing value is $133,100, which is well below the national median of $229,700. Although home values vary by region, they remain relatively low across the state, with the highest reported median price by county being $172,000.
U.S. News’ Best Arkansas Mortgage Lenders
Methodology: U.S. News conducted an in-depth review of leading direct mortgage lenders in Arkansas. Research was based on program availability, customer satisfaction ratings and qualification requirements. Because each consumer has different needs, the top finishers in several key areas were chosen.
Before You Apply
- Mortgage types: ARMs, conventional, FHA, refinance, USDA and VA
- Minimum FICO credit score: 660
- Maximum loan amount: $1.5 million
- Better Business Bureau rating: A+