BEST KENTUCKY MORTGAGE LENDERS June 2023
Which are the best Kentucky mortgage lenders? Stay on this article and find out the best mortgage lenders in Kentucky. If you are thinking of buying a house in Kentucky you are in the right direction.
Before looking for the best mortgage lender consider the following;
- Check your finances
- Determine your budget
- Know your mortgage options
- Compare rates and terms from many lenders
- Have an approval for mortgage
- Read the print well
The U.S. Census Bureau recorded that Kentucky has about 2 million housing units and about 67.6% of homeownership rate. Kentucky has a median house value of $190,575 which is lower than national median house value of $350,300. Just like many states, Kentucky has regions with high house costs and other regions with lower house costs.
In this article, we will be writing down some of the best Kentucky mortgage lenders which a borrower can compare from.
10 Best Kentucky Mortgage Lenders June 2023
1.Homefinity;- Homefinity has a minimum down payment of 3% and minimum credit score which is not disclosed to the public.
2.Caliber Home Loans;- Caliber home loans has a minimum down payment of 3% and minimum credit score of 620.
3.Carrington Mortgage;- Carrington Mortgage has a minimum down payment of 3% and minimum credit score of 620.
4.PenFed Credit Union;- PenFed Credit Union has a minimum down payment of 0% for VA loan and minimum credit score of 620.
5.Truist Bank;- Truist Bank has a minimum down payment of 3% and minimum credit score which is not disclosed to the public.
6.Chase;- Chase has a minimum down payment of 3% and minimum credit score which is not disclosed to the public.
7.Lower.com ;- Lower.com has a minimum down payment of 3% and minimum credit score of 620.
8.AmeriSave;- AmeriSave has a minimum down payment of 3% and minimum credit score of 620.
9.Veterans United Home Loan;- Veterans United Home Loan has a minimum down payment of 3% and minimum credit score of 620.
10.PNC;- PNC has a minimum down payment of 3% and minimum credit score of 620.
Review of the best Kentucky mortgage lenders June 2023
1.Homefinity – Best for online application and Approval
2.Caliber Home Loans – Best for online service
3.Carrington Mortgage – Best for borrowers with bad credit
4.PenFe d Credit Union – Best for lender credit and no lender fee
5.Truist Bank – Best for client relations
6.Chase – Best for low costs
7.Lower.com – Best for borrowers who prefer digital home lending
8.AmeriSave – Best for mortgage variety
9.Veterans United Home Loan – Best for Veterans Affairs loans
10.PNC – Best for low down-payment
- For a 30-year fixed-rate the average interest rate for a mortgage in Indiana is 2.87% and the Home interest rates range from 2.5% to 3.5% in Indiana.
Other Kentucky mortgage Lenders June 2023
- PrimeLending – best for digital customer care
- Real Genius – best for online application
- New American Funding – best for low APR
- Sofi – best for online service
- CMG Financial – best for first-time borrowers who want to crowd-fund their down payment.
- Freedom Mortgage – best for product availability
- LoanDepot – best for a digital-first mortgage
- Alliant Credit Union – best for no down payment
- Rocket Mortgage – best for customer service
- Navy Federal Credit Union – best for low-interest Veterans Affairs loans
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