The Best Mortgage Lenders in Quincy, KY
Compare verified mortgage lenders serving Quincy, Kentucky. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Quincy
Featured Mortgage Lenders
Community Trust Bank Mortgage Team
Community Trust Bank
Community Trust Bank is one of the most established and highly-rated regional lenders serving the Quincy, Kentucky area through their nearby Maysville branch. With over a century of community banking experience, they offer personalized mortgage services with local decision-making. Their mortgage team receives exceptional reviews for their knowledge of rural and small-town property financing, competitive rates for the region, and commitment to making the home buying process smooth for Eastern Kentucky residents. They specialize in both purchase and refinance loans with various government-backed options ideal for the local market.
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Liberty Savings Bank Mortgage Division
Liberty Savings Bank
Liberty Savings Bank serves the Quincy, Kentucky area from their Cincinnati locations and has built a strong reputation for competitive mortgage rates and exceptional customer service throughout the tri-state region. They receive consistently high marks for their responsive loan officers, streamlined application process, and expertise in both Kentucky and Ohio property financing. As a community-focused institution, they offer personalized attention that larger national lenders often lack, with local underwriters who understand the specific needs of rural Kentucky homebuyers. Their digital mortgage platform combined with local service makes them a top choice.
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Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage has a strong presence throughout Kentucky with highly-rated loan officers serving the Quincy area from their Lexington branch. They consistently rank among the top mortgage lenders nationally for customer satisfaction and have particular expertise in rural and small-town Kentucky properties. Their loan officers receive outstanding reviews for their communication, efficiency, and ability to navigate complex rural property financing. They offer competitive rates and a wide variety of loan programs, with special strength in USDA loans which are particularly relevant for the Quincy area. Their combination of national resources with local expertise makes them a premier choice.
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Frequently Asked Questions
Common questions about mortgage lending in Quincy, KY
What are the current mortgage rates like for homebuyers in Quincy, KY?
Mortgage rates in Quincy, KY typically align with national averages but can be influenced by local economic factors. As of recent trends, rates for 30-year fixed mortgages in this region generally range from the mid-6% to low-7% range, though individual rates depend on credit score, loan type, and down payment. Working with a local lender who understands the Greenup County market can help you secure competitive rates.
Are there any first-time homebuyer programs specifically available in Quincy, KY?
Yes, Quincy homebuyers may qualify for Kentucky Housing Corporation (KHC) programs offering down payment assistance and competitive interest rates. Additionally, some local lenders in Greenup County provide special first-time buyer programs with lower down payment requirements. These programs can be particularly valuable in Quincy's affordable housing market where median home prices remain below state averages.
How does Quincy's rural location affect the mortgage process compared to larger Kentucky cities?
Quincy's rural setting can impact appraisals since comparable properties might be fewer and farther between, potentially extending the loan process timeline. Some lenders may have specific requirements for rural properties, including well and septic inspections. However, USDA loans are particularly advantageous here, offering 100% financing for qualified buyers in this designated rural area.
What types of properties typically require special mortgage consideration in Quincy?
In Quincy, you'll find many older homes, manufactured homes on permanent foundations, and properties with acreage that may require additional scrutiny. Lenders often require specialized appraisals for historic properties and may have specific requirements for homes with outbuildings or land exceeding typical residential lots. Working with lenders experienced in Greenup County's unique property types is recommended.
Are property taxes in Quincy, KY typically included in mortgage escrow accounts?
Yes, most lenders in Quincy include Greenup County property taxes in escrow accounts along with homeowners insurance. Quincy's property tax rates are generally lower than national averages, which helps keep monthly mortgage payments more affordable. Current rates average around 0.85% of assessed value, but your lender will calculate exact amounts based on the specific property's assessment.
Nearby Cities
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Why Choose a Mortgage Lender in Quincy?
Local Market Knowledge
Lenders who understand Quincy'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 Quincy and get competitive rates on your home loan.