The Best Mortgage Lenders in Uniontown, KY
Compare verified mortgage lenders serving Uniontown, Kentucky. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Uniontown
Featured Mortgage Lenders
Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a top-rated lender known for its rapid loan processing and exceptional customer service, with a strong presence in the Evansville area that serves Uniontown, KY. They specialize in a wide range of loan products and are praised for their competitive rates, local loan officers, and high customer satisfaction scores, making them a reliable choice for homebuyers in the region.
Loan Types:
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is a highly reputable lender with decades of experience and a strong regional footprint in Kentucky, including service to Uniontown. They are acclaimed for their personalized service, educational resources for borrowers, and efficient closing processes, backed by numerous industry awards and positive customer reviews highlighting their reliability and competitive financing options.
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New American Funding
New American Funding
New American Funding is a nationally recognized lender with a robust presence in Kentucky, offering tailored mortgage solutions for Uniontown residents. They are noted for their diversity in loan programs, including options for underserved communities, and have consistently high ratings for customer support, transparency, and ability to secure favorable terms, making them a trusted partner for home financing.
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Frequently Asked Questions
Common questions about mortgage lending in Uniontown, KY
What are the current average mortgage rates for homebuyers in Uniontown, KY?
Mortgage rates in Uniontown typically align with national averages but can vary based on local lenders and property types. Currently, 30-year fixed rates range between 6.5-7% for qualified buyers, though Union County's rural designation sometimes allows for slightly better terms through USDA loans. It's best to compare offers from local banks like Independence Bank and regional credit unions for the most competitive rates.
Are there any first-time homebuyer programs specifically available in Uniontown?
Yes, Uniontown homebuyers can access Kentucky's Housing Corporation (KHC) programs offering down payment assistance and competitive rates. Additionally, Union County's rural classification makes many properties eligible for USDA loans requiring no down payment. Local lenders often combine these with KHC's "Regular Loan Program" for first-time buyers, providing significant savings on upfront costs.
How does Uniontown's rural location affect mortgage lending options?
Uniontown's rural designation expands lending options significantly through USDA Rural Development loans, which offer 100% financing with no down payment required. Many properties in and around Uniontown qualify for these programs, making homeownership more accessible. Local appraisals may consider different comparable properties than urban areas, which can affect loan amounts but typically results in more affordable housing prices.
What special considerations should I know about property taxes and insurance for Uniontown mortgages?
Union County property taxes are relatively low compared to urban Kentucky areas, typically around 0.8% of assessed value. However, due to Uniontown's Ohio River location, flood insurance is often required for properties in flood zones, adding $500-$1,500 annually to housing costs. Your lender will help determine if your prospective home requires this additional coverage during the mortgage process.
Are there local Uniontown lenders who understand the specific market conditions here?
Yes, several local institutions like Farmers Bank & Trust and Independence Bank have deep knowledge of Uniontown's real estate market. These lenders understand local property values, the seasonal economy influenced by agriculture and river industries, and can provide personalized service. They're often more flexible with local employment history and income verification than national lenders might be.
Nearby Cities
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Why Choose a Mortgage Lender in Uniontown?
Local Market Knowledge
Lenders who understand Uniontown'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 Uniontown and get competitive rates on your home loan.