The Best Mortgage Lenders in Arlington, KY
Compare verified mortgage lenders serving Arlington, Kentucky. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Arlington
Featured Mortgage Lenders
Scott Williams
Republic Bank & Trust Company
Republic Bank & Trust Company stands out as one of Kentucky's most respected regional banks with deep roots in the state. With over 40 years of banking experience, they have consistently high customer satisfaction ratings for their mortgage services. Their Bowling Green location serves the Arlington area with personalized mortgage solutions and competitive rates. Republic Bank is particularly noted for their expertise in USDA rural development loans, which are highly relevant for Arlington residents, and their construction lending programs for new home builds in growing communities.
Loan Types:
Mark Towe
Traditional Bank
Traditional Bank brings over 130 years of Kentucky banking experience to the Arlington market through their Bowling Green branch. They maintain exceptional customer service ratings and are known for their community-focused approach to mortgage lending. Their loan officers have extensive experience with rural property financing and agricultural lending, making them particularly well-suited for the Arlington area. Traditional Bank offers competitive rates and flexible terms, with special programs for first-time homebuyers and streamlined refinancing options for existing homeowners.
Loan Types:
Jennifer Miller
Tower Mortgage Corporation
Tower Mortgage Corporation is a highly-rated Kentucky-based mortgage lender that serves the entire state, including the Arlington area. With nearly 30 years in business, they've built a strong reputation for competitive rates and exceptional customer service. They specialize in both conventional and government-backed loans, with particular expertise in VA and USDA loans that benefit rural Kentucky communities. Their experienced loan officers provide personalized service throughout the mortgage process, and they're known for their efficient closing timelines and transparent communication with borrowers.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Arlington, KY
What are the current average mortgage rates for homebuyers in Arlington, KY?
Mortgage rates in Arlington typically align with national averages but can be slightly lower due to the area's rural classification and lower cost of living. As of recent data, 30-year fixed rates often range between 6.5% and 7%, but it's essential to check with local lenders like community banks or credit unions for the most competitive, personalized rates.
Are there any first-time homebuyer programs specific to Arlington or Carlisle County?
Yes, the Kentucky Housing Corporation (KHC) offers several first-time homebuyer programs accessible to Arlington residents, including down payment assistance and affordable fixed-rate mortgages. Additionally, local lenders may have special programs for Carlisle County buyers, so it's wise to inquire about any county-specific incentives when shopping for a loan.
How does Arlington's rural location affect mortgage lending and property appraisal processes?
Arlington's rural setting can mean fewer comparable home sales, which might lengthen the appraisal process and occasionally impact loan approval timelines. Lenders may require appraisers from nearby cities like Paducah, so buyers should budget extra time and ensure their chosen lender has experience with rural properties in Carlisle County.
What types of properties in Arlington are eligible for USDA loans, and how can I qualify?
Most of Arlington and Carlisle County qualify for USDA Rural Development loans, which offer 100% financing for eligible borrowers and properties. To qualify, your household income must meet USDA limits for the area, the home must be your primary residence, and the property must be located within an eligible rural zone as defined by the USDA map.
How do property taxes in Carlisle County influence my mortgage payments and affordability?
Carlisle County has relatively low property tax rates compared to urban Kentucky areas, which can make homeownership more affordable. Your lender will factor these taxes into your monthly escrow payment, and current rates are approximately 0.8% of assessed value—helping keep overall housing costs manageable for Arlington buyers.
Why Choose a Mortgage Lender in Arlington?
Local Market Knowledge
Lenders who understand Arlington's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in Kentucky.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Arlington and get competitive rates on your home loan.