Securing a Mortgage for Your Kentucky Home with Central Mortgage

Funding Kentucky, known for its excellent schools, diverse neighborhoods, thriving arts scene, and award-winning cuisine, is attracting new residents to the Bluegrass State. Whether you’re contemplating a picturesque home on the Cumberland Plateau or seeking lower mortgage payments in Lexington, Central Mortgage Funding is here to assist you in securing the best possible interest rates for both refinancing and new home loans in Kentucky.

Kentucky Mortgage Rates and Trends

The impact of COVID-19 led to a significant drop in national mortgage rates, enabling millions of Americans to benefit from lower borrowing costs.

In Kentucky, mortgage rates have mirrored this trend, albeit with some recent gradual increases. Nonetheless, rates remain favorable by historical standards. We recommend taking advantage of a free mortgage review, regardless of when your mortgage was originated. A lower rate could result in considerable monthly savings.

Various factors, including your debt-to-income ratio and credit score, influence mortgage rates. Consulting with a lender who can provide the best loan program for your needs is essential. Explore our range of customizable Kentucky home mortgages, including FHA, VA, Conventional, USDA, and more, with our expert team.

Down Payment Assistance

Kentucky homebuyers may be eligible for down payment assistance. If you’re looking to purchase a home in Kentucky, we’re ready to help you understand the available options and grants*.

Key programs to ask about include:

  • Dream Makers Grant
  • Forgivable and non-forgivable second mortgages
  • First-time home buyer incentives
  • Closing cost assistance
  • Tax credits

*Note: Actual assistance amounts may vary based on the purchase city, credit score, and other financial requirements. Down payment assistance programs are city and/or state initiatives, not funded by Central Mortgage Funding. A homebuyer education course may be required before applying.

Consult with our mortgage experts today about funding options!

Refinancing Your Mortgage

  • Is your current mortgage payment or interest rate higher than you’d prefer?
  • Are you struggling with high-interest debt?
  • Or are you aiming to pay off your mortgage sooner?

If these questions resonate with you, it’s time for a free mortgage review with one of our Kentucky mortgage consultants. Explore the benefits of mortgage refinancing, which could lead to savings of up to $1,000 a month. Central Mortgage Funding offers a variety of loan terms to meet your needs, starting at ten years.

Why Central Mortgage Funding?

As a national mortgage lender, Central Mortgage Funding is committed to making homeownership affordable. We offer competitive mortgage rates without any upfront fees. Our team of dedicated mortgage consultants works diligently to tailor the right loan program for your financial goals. Most of the lending process can be completed online, ensuring a faster and more convenient experience for you.

But we offer more than just transactions. We’re always here to answer any mortgage-related questions after closing and can assist with refinancing for better rates or cash-out options. We look forward to building a lifelong relationship with you!

Building Your Home Loan Together

Connect with a Kentucky mortgage consultant at Central Mortgage Funding by calling (833) 302-1032. We specialize in customizing any loan in the industry to suit your needs, ensuring the best service, lowest rates, and fastest closings. Let us show you how simple the process of mortgage refinancing or purchasing a new home can be!

Central Mortgage Funding is an Equal Housing Lender; License #MC730506.

Ready to talk?

Are you unsure on the path you should take to home ownership? Our Loan Specialists are here to help you through the entire process. They will find you the best term, and rate to fit your budget!