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Shepherdsville, KY

The Best Mortgage Lenders in Shepherdsville, KY

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

3
Top Lenders
4.7
Avg Rating
730+
Reviews
8
Loan Types

Available Loan Programs in Shepherdsville

FHA
VA
Conventional
Jumbo
USDA
Refinance
New Construction
ARM

Featured Mortgage Lenders

1

Fairway Independent Mortgage Corporation

Fairway Independent Mortgage Corporation

★★★★☆
4.8/5

Fairway Independent Mortgage is a top-rated lender with an exceptional reputation for customer service, competitive rates, and efficient loan processing. They have a strong local presence in the Louisville metropolitan area, including Shepherdsville, and are known for their personalized approach, wide range of loan options, and high customer satisfaction scores from numerous reviews.

Experience:27 years
Reviews:350 customer reviews
9800 Shelbyville Rd, Louisville, KY 40223

Loan Types:

FHAVAConventionalJumboUSDARefinance
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2

Movement Mortgage

Movement Mortgage, LLC

★★★★☆
4.7/5

Movement Mortgage is highly regarded for its innovative technology, fast closing times, and competitive pricing. They serve Shepherdsville and the broader Kentucky region with a focus on customer-centric solutions, earning strong ratings for reliability and a smooth mortgage experience from a substantial number of satisfied clients.

Experience:15 years
Reviews:200 customer reviews
10180 Linn Station Rd, Louisville, KY 40223

Loan Types:

FHAVAConventionalRefinanceNew ConstructionUSDA
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3

New American Funding

New American Funding

★★★★☆
4.5/5

New American Funding is a reputable lender praised for its diverse loan products and commitment to serving first-time homebuyers and diverse communities. With a local office in Louisville, they provide personalized service to Shepherdsville residents, offering competitive rates and earning high marks for customer care and transparency in reviews.

Experience:20 years
Reviews:180 customer reviews
10400 Linn Station Rd, Louisville, KY 40223

Loan Types:

FHAVAConventionalJumboARMRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Shepherdsville, KY

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

Mortgage rates in Shepherdsville typically align with national averages but can vary based on local lender competition. As of 2024, rates for 30-year fixed mortgages in the Shepherdsville area generally range from 6.5% to 7.25%, with Bullitt County lenders often offering competitive terms due to the growing local housing market. It's best to compare rates from both local credit unions and national lenders serving the area.

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

Yes, Shepherdsville homebuyers can access Kentucky Housing Corporation (KHC) programs like the "Regular Loan Program" with down payment assistance. Additionally, the Bullitt County Housing Authority occasionally offers local homebuyer education and assistance programs. These programs can provide lower interest rates and down payment help specifically for Bullitt County residents purchasing their first home.

How does Shepherdsville's proximity to Louisville affect mortgage lending and home values?

Shepherdsville's location in the Louisville metropolitan area means lenders often view it as a stable market with good appreciation potential. This proximity to major employment centers typically results in easier mortgage qualification and competitive lending terms. However, it also means home values have been rising faster than in more rural Kentucky counties, affecting loan amounts needed.

What special considerations should I know about when getting a mortgage for older homes in Shepherdsville's historic areas?

When purchasing older homes in Shepherdsville's established neighborhoods, lenders may require additional inspections and sometimes repairs before closing. Many homes in central Shepherdsville were built before 1980, so FHA 203(k) renovation loans are popular options here. It's important to work with a lender experienced in Bullitt County's older housing stock to navigate potential appraisal challenges.

Are there any local property tax considerations that affect mortgage payments in Shepherdsville?

Yes, Bullitt County property taxes are relatively moderate compared to Jefferson County, which helps keep overall mortgage payments affordable. However, Shepherdsville homeowners should anticipate annual tax rates around 0.85% of assessed value, which lenders factor into your debt-to-income ratio. New construction in developing areas may also have special tax districts that could affect your monthly payment.

Mortgage Insights

Finding the Right Mortgage Loan Companies Near You in Shepherdsville, KY

Searching for "mortgage loan companies near me" is one of the most crucial steps in your Shepherdsville homebuying journey. It’s more than just finding a lender; it’s about finding a local partner who understands our specific market dynamics. Shepherdsville’s appeal, with its strategic location near Louisville and the I-65 corridor, creates a unique housing environment. Local lenders are deeply familiar with the valuation trends in our popular neighborhoods, from the established streets near the city center to newer developments, and they can provide realistic pre-approvals that hold up in our competitive climate.

Your search should start with a blend of local and national options. Don't overlook the strong community presence of regional banks and local credit unions, like those based in Bullitt County. These institutions often have a keen pulse on the area and may offer more personalized service. Simultaneously, explore local branches of national lenders and reputable mortgage brokers who can shop multiple loan products for you. A broker with Kentucky expertise can be invaluable, especially when navigating state-specific programs.

Speaking of state programs, Kentucky offers fantastic resources that a knowledgeable local lender can help you unlock. The Kentucky Housing Corporation (KHC) is a prime example. KHC offers down payment assistance, competitive interest rates, and first-time homebuyer programs with favorable terms. A mortgage professional in Shepherdsville will be well-versed in these opportunities and can guide you on eligibility, which can be a game-changer for your budget. This local knowledge is something a purely online, faceless lender might miss.

Here is your actionable plan: First, get recommendations from your real estate agent—they see which lenders provide smooth closings daily. Next, interview at least three companies. Ask them pointed questions: "How do you handle appraisals in Bullitt County?" "What is your experience with KHC's down payment assistance programs?" "Can you provide recent examples of closings in Shepherdsville?" Compare not just interest rates, but also closing cost estimates and the responsiveness of the loan officer.

Finally, remember that convenience matters. Choosing a mortgage loan company "near you" in Shepherdsville means easier face-to-face meetings, dropping off documents, and building a relationship with someone who is invested in your community. In a transaction as significant as buying a home, that local commitment and understanding of our Shepherdsville market can make the path to your new front door much smoother.

Nearby Cities

Explore mortgage lenders in cities near Shepherdsville, KY

Why Choose a Mortgage Lender in Shepherdsville?

Local Market Knowledge

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