Mortgage lender closing cost rankings in Kansas (2025)

Kansas uses a non-judicial foreclosure process, allowing lenders to foreclose without court involvement under a power-of-sale clause, though judicial foreclosure remains available. The state uses mortgage instruments rather than deeds of trust, which can affect the foreclosure timeline. Kansas is not an attorney-required closing state; title companies and escrow agents typically handle closings. The state imposes a mortgage registration tax of 0.26% of the loan amount on new mortgages recorded, which is paid by the borrower and is a notable line item on the Loan Estimate. Transfer taxes at the state level are relatively modest, though county-level variations apply. Title insurance rates in Kansas operate under a file-and-use system, meaning insurers file their rates with the state Insurance Department before use. Kansas does not have a dedicated state consumer financial protection bureau; federal CFPB oversight applies. Prepayment penalties on residential mortgages are generally restricted under federal Qualified Mortgage rules, and Kansas does not impose additional state-level prepayment restrictions beyond federal standards.

Conventional loans dominate Kansas's purchase market, accounting for 67.1% of 2024 originations (16,549 loans) at a median rate of 6.625%. FHA loans represent the second-largest share at 17.0% (4,183 originations), reflecting demand from first-time and lower-credit-score buyers. VA loans make up a notable 13.2% (3,247 originations), consistent with Kansas's significant active-duty and veteran population tied to installations such as Fort Riley and McConnell Air Force Base. USDA loans account for 2.8% (684 originations), a modest but meaningful share reflecting the state's substantial rural and small-town housing stock eligible for the program.