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Oak Grove, KY

The Best Mortgage Lenders in Oak Grove, KY

Compare verified mortgage lenders serving Oak Grove, Kentucky. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.7
Avg Rating
1100+
Reviews
8
Loan Types

Available Loan Programs in Oak Grove

FHA
VA
USDA
Conventional
Jumbo
Refinance
First-Time Homebuyer
New Construction

Featured Mortgage Lenders

1

New American Funding

New American Funding

★★★★☆
4.8/5

New American Funding is a top-rated mortgage lender known for exceptional customer service, competitive rates, and a wide range of loan options. With over two decades of experience, they have a strong local presence in the Nashville-Clarksville area, serving Oak Grove residents through dedicated loan officers. Their high ratings reflect reliability, quick processing times, and personalized support for homebuyers in Kentucky and Tennessee.

Experience:21 years
Reviews:450 customer reviews
5100 Maryland Way, Suite 100, Brentwood, TN 37027

Loan Types:

FHAVAUSDAConventionalJumboRefinanceFirst-Time Homebuyer
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2

Caliber Home Loans

Caliber Home Loans Inc.

★★★★☆
4.5/5

Caliber Home Loans is a highly reputable lender with a strong regional footprint in the Clarksville-Oak Grove metro area. They are praised for efficient loan processing, transparent communication, and competitive rates. With 16 years of experience, they offer a variety of mortgage products and have a dedicated local team that ensures personalized service for homebuyers in Kentucky.

Experience:16 years
Reviews:350 customer reviews
1800 Memorial Drive, Clarksville, TN 37043

Loan Types:

FHAVAConventionalUSDARefinanceNew Construction
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3

Movement Mortgage

Movement Mortgage, LLC

★★★★☆
4.7/5

Movement Mortgage is celebrated for its customer-centric approach, high satisfaction ratings, and community involvement in the Kentucky-Tennessee region. They provide fast, reliable service with a focus on first-time homebuyers and refinancing. Their local loan officers are accessible to Oak Grove residents, offering competitive rates and a seamless mortgage experience backed by 16 years of industry expertise.

Experience:16 years
Reviews:300 customer reviews
1100 Church Street, Nashville, TN 37203

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Oak Grove, KY

What are the current mortgage rates like for homebuyers in Oak Grove, KY?

Mortgage rates in Oak Grove are generally competitive with national averages but can be influenced by local market conditions. Currently, rates for 30-year fixed mortgages typically range from the mid-6% to low-7% range, though this varies by lender and borrower qualifications. It's wise to compare rates from local Kentucky lenders who understand the Oak Grove market specifically.

Are there any first-time homebuyer programs available specifically in Oak Grove?

Yes, Oak Grove homebuyers can access Kentucky Housing Corporation (KHC) programs, which offer down payment assistance and competitive interest rates. The KHC's "Regular Loan Program" and "FHA, VA, USDA Loan Programs" are popular options that provide affordable financing solutions. Additionally, some local lenders may offer special first-time buyer incentives tailored to the Oak Grove area.

How does being near Fort Campbell affect mortgage lending in Oak Grove?

Oak Grove's proximity to Fort Campbell creates unique mortgage opportunities, particularly VA loans for military personnel and veterans. Many local lenders have extensive experience with VA loans and understand military relocation patterns. This military presence also contributes to stable housing demand, which lenders view favorably when underwriting loans in the area.

What types of properties typically qualify for USDA loans in Oak Grove?

Much of Oak Grove and surrounding Christian County qualifies for USDA rural development loans, which offer 100% financing. These loans are available for single-family homes in designated rural areas, which includes most of Oak Grove outside the immediate urban core. This can be an excellent option for qualified buyers seeking no-down-payment financing in this community.

How do property taxes in Oak Grove affect mortgage qualification and payments?

Christian County property taxes in Oak Grove are relatively moderate compared to national averages, typically ranging from 0.75% to 0.95% of assessed value. Lenders factor these taxes into your debt-to-income ratio during qualification, and they're included in your monthly mortgage payment through an escrow account. The stable tax environment in Oak Grove can make homeownership more affordable long-term.

Mortgage Insights

Finding Your Perfect Mortgage Match in Oak Grove, KY

Searching for the "best mortgage lenders near me" is more than just comparing rates online. For homebuyers in Oak Grove, it's about finding a financial partner who understands our unique market and your specific journey. Nestled near Fort Campbell, our community has a dynamic housing landscape influenced by military families, first-time buyers, and those seeking a quieter pace than nearby Clarksville. The right local lender gets that.

So, how do you find the best fit? Start by looking beyond the big national names. Local banks and credit unions, like those headquartered in Hopkinsville or serving the Western Kentucky region, often have a deeper commitment to the community. They might offer more flexibility for buyers with unique situations, which is common here with VA loans due to our military population. A loan officer who lives and works in our area can provide invaluable insight into which neighborhoods are appreciating, how appraisals are trending in Oak Grove, and even recommend trusted local inspectors.

A crucial practical tip is to get pre-approved by at least two or three lenders. This isn't just about rate shopping; it's about service comparison. Pay attention to how responsive they are. Do they explain the Kentucky-specific steps in the process, like the deed transfer tax? Are they available after hours for questions from a busy soldier or shift worker? The best mortgage lender for you will be a clear communicator who demystifies the process.

Speaking of Kentucky-specific programs, don't overlook state-sponsored resources that can make homeownership more accessible. The Kentucky Housing Corporation (KHC) offers down payment assistance programs and competitive first-time homebuyer loans with favorable rates. A knowledgeable local lender will be well-versed in these programs and can help you determine if you qualify for KHC benefits or other local grants. This actionable advice can literally put thousands of dollars back in your pocket at closing.

Finally, tap into the power of local referrals. Ask your real estate agent—who knows the Oak Grove market intimately—for two or three lenders they trust to close on time. Talk to friends, coworkers, or neighbors at the Oak Grove Community Center about their recent experiences. A lender's reputation for smooth closings in Christian County is a goldmine of information.

Your search for the best mortgage lender in Oak Grove should balance competitive rates with local expertise and stellar service. By prioritizing lenders who know our market, exploring Kentucky assistance programs, and comparing your options, you’ll secure more than just a loan—you’ll gain a guide for one of the most important financial steps you’ll take right here in our community.

Nearby Cities

Explore mortgage lenders in cities near Oak Grove, KY

Why Choose a Mortgage Lender in Oak Grove?

Local Market Knowledge

Lenders who understand Oak Grove'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 Oak Grove and get competitive rates on your home loan.