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Roundhill, KY

The Best Mortgage Lenders in Roundhill, KY

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

3
Top Lenders
4.7
Avg Rating
550+
Reviews
7
Loan Types

Available Loan Programs in Roundhill

Conventional
FHA
VA
USDA
Jumbo
Refinance
Reverse Mortgages

Featured Mortgage Lenders

1

Fairway Independent Mortgage Corporation

Fairway Independent Mortgage Corporation

★★★★☆
4.8/5

Fairway Independent Mortgage Corporation is a top-rated lender known for its exceptional customer service, competitive rates, and efficient loan processing. With a strong regional presence in Kentucky, they specialize in a wide range of loan products and have a reputation for personalized guidance, making them a trusted choice for homeowners in Roundhill and surrounding areas. Their high customer satisfaction scores and community involvement further solidify their standing as a leading mortgage provider.

Experience:28 years
Reviews:250 customer reviews
9300 Shelbyville Rd Suite 700, Louisville, KY 40222

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

New American Funding

New American Funding

★★★★☆
4.7/5

New American Funding is highly regarded for its diverse loan options and commitment to serving borrowers of all backgrounds, including first-time homebuyers and those with unique financial situations. They have a solid track record in Kentucky for transparency, competitive pricing, and responsive service, with many reviews highlighting their ability to simplify the mortgage process. Their local expertise and national resources make them a reliable option for Roundhill residents.

Experience:21 years
Reviews:180 customer reviews
10400 Linn Station Rd Suite 125, Louisville, KY 40223

Loan Types:

ConventionalFHAVAUSDAJumboReverse MortgagesRefinance
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3

Movement Mortgage

Movement Mortgage, LLC

★★★★☆
4.6/5

Movement Mortgage stands out for its fast closing times, community-focused approach, and competitive rates. They have built a strong reputation in Kentucky for customer-centric service and innovative lending solutions, with an emphasis on making homeownership accessible. Their experienced team and efficient processes ensure a smooth experience for clients in Roundhill, backed by numerous positive reviews praising their reliability and support.

Experience:16 years
Reviews:120 customer reviews
1230 Liberty Bank Lane Suite 100, Louisville, KY 40222

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Roundhill, KY

What are the current average mortgage rates for homebuyers in Roundhill, KY?

Mortgage rates in Roundhill typically align with national averages but can vary based on local lenders and property types. As of recent data, 30-year fixed rates in this area generally range from 6.5% to 7.25%, though rural property loans might carry slightly higher rates. It's best to compare offers from local lenders like Community Trust Bank and traditional banks serving the area.

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

Yes, Kentucky Housing Corporation (KHC) offers several first-time homebuyer programs accessible to Roundhill residents, including down payment assistance and competitive interest rate loans. Additionally, some local lenders may offer special programs for teachers, healthcare workers, or other essential service employees in the area. These programs can help with down payments and closing costs.

How does Roundhill's rural location affect mortgage lending requirements?

Roundhill's rural classification can actually benefit borrowers through USDA Rural Development loans, which offer 100% financing with no down payment required. However, appraisals may take longer due to fewer comparable properties, and some lenders might have stricter requirements for older homes common in the area. Working with lenders experienced in rural Kentucky properties is recommended.

What special considerations should I know about when buying manufactured homes in Roundhill?

Manufactured home financing in Roundhill requires specific loan programs, as traditional mortgages often don't apply. You'll need either a FHA Title I loan, Chattel loan, or potentially a USDA loan if the home meets permanent foundation requirements. Local lenders familiar with Ohio County's manufactured home regulations can guide you through the specific requirements and available options.

Are property taxes in Roundhill typically included in mortgage escrow accounts?

Yes, most lenders in Roundhill include Ohio County property taxes in escrow accounts along with homeowners insurance. Ohio County has relatively low property tax rates compared to urban areas in Kentucky, typically around 0.85% of assessed value. Your lender will calculate these payments and include them in your monthly mortgage payment for convenience.

Mortgage Insights

Finding Your Guide: Why a Local Mortgage Agent is Key to Buying a Home in Roundhill, KY

Searching for "mortgage agents near me" in Roundhill, Kentucky, is more than just finding a convenient office location. It’s about partnering with a professional who understands the unique rhythm of our local market and can navigate the specific opportunities available to homebuyers in our corner of the Bluegrass State. In a smaller, rural community like Roundhill, a local expert isn't just helpful—it's essential for a smooth and successful home purchase.

The Roundhill housing market operates differently from the major metros. Properties here often include larger lots, older homes with character, and unique considerations like well and septic systems. A mortgage agent based in Butler County or the surrounding area will have firsthand experience appraising and financing these types of properties. They understand the local tax assessments, the values of different neighborhoods, and can accurately gauge what a fair offer looks like. This local insight prevents surprises during the appraisal process, a common hurdle that can derail a purchase if the numbers aren't aligned.

On a practical level, working with a nearby agent means face-to-face service. You can sit down across from someone who knows the local banks, credit unions, and lenders that are most active and competitive in our area. They can often recommend reputable home inspectors and title companies they trust from repeated local transactions. This network is invaluable and something an online or out-of-town lender simply cannot replicate.

Kentucky also offers several regional programs that a knowledgeable local mortgage agent can help you access. The Kentucky Housing Corporation (KHC) provides down payment assistance, competitive interest rates, and first-time homebuyer programs with income and purchase price limits that are very attainable in the Roundhill market. A local agent will know if you qualify for these programs and exactly how to integrate them into your loan. They can also advise on any county-specific grants or incentives that might be available.

Your actionable advice starts with looking beyond the search term. When you find potential "mortgage agents near me," ask specific questions: How many loans have you closed in Butler or Ohio County in the last year? Can you provide examples of how you've handled properties with acreage or wells? Are you familiar with the KHC Home Buyer Tax Credit and down payment assistance programs? Their answers will tell you if they have the local expertise you need.

Ultimately, your mortgage is likely the largest financial commitment you'll make. In Roundhill, securing that loan with a guide who knows the local terrain—both literally and financially—provides peace of mind and a strategic advantage. Take the time to find an agent who is truly embedded in our community; they will be your greatest advocate in unlocking the door to your new Kentucky home.

Nearby Cities

Explore mortgage lenders in cities near Roundhill, KY

Why Choose a Mortgage Lender in Roundhill?

Local Market Knowledge

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