Learn About Home Loans in Bardstown, KY
Mr. Cooper is here to walk alongside you in your homeownership journey in Bardstown, KY. As a top-20 home lender and the third-largest home loan servicer in the country, we have decades of experience to help you navigate your loan options and solidify your home buying plan.
A Mr. Cooper mortgage professional can design a custom strategy that will help you tackle the home loan process with confidence. We can help you figure out everything from how much house you can afford to what today's mortgage rates are in Bardstown. Our mortgage professionals will evaluate your unique financial and living situation and will come up with a recommended plan for the best mortgage options that fit your needs. Read on to learn more about different home mortgage options and contact a Mr. Cooper mortgage professional in Bardstown to get started. You could prequalify for a mortgage in no time. Get Started
Do You Qualify for an FHA Loan in Bardstown, KY?
If you’re looking for a loan with flexible credit requirements and a potentially lower down payment, a Federal Housing Administration (FHA) loan may be a good option for you. This government-insured loan type is behind nearly 1 in 5 of all homebuyers. The loan system is specifically geared toward homebuyers who can't afford the typical 20% down payment that's usually required by private lenders. With a down payment that can be as low as 3.5%, an FHA loan can end up being a perfect match for buyers who aren't eligible for conventional loans.
In the Bardstown area, Mr. Cooper has watched FHA loans rise in popularity alongside increases in student loan debt and rental costs — two factors that can make it difficult to put away money for a down payment. FHA loans can also be accessible to borrowers with less than perfect credit scores. Wherever you are on your journey, Mr. Cooper can help you determine if an FHA loan is right for you. And if it's not, we'll help you find a different financing route.
Could You Get a VA Loan in Bardstown?
There's no question about it. America's service members, veterans, and their spouses should receive the best. If you think you might be eligible for a VA loan, Mr. Cooper can lend our expertise in helping you get qualified for a VA home loan in Bardstown. Reach out to Mr. Cooper if you’re ready to buy a home in Bardstown and think that you might be eligible for a VA loan. This loan type can make the home buying process much easier in a couple of ways. Interest rates are often significantly lower than the broader mortgage market. There’s also a chance that you may not be required to put down a down payment. Checking your VA eligibility for a VA loan in Bardstown is quick and easy with a Mr. Cooper professional guiding you through the application process.
Mr. Cooper Also Offers Jumbo Loans in Bardstown
Jumbo loans are a special financing option for some homebuyers in Bardstown. A jumbo loan, or a jumbo mortgage, exceeds the limits of a conventional loan. Jumbo loans are often in the millions and are designed to help people buy or refinance higher-valued real estate. If you'd like to use a jumbo loan to buy a home in Bardstown, you will most likely require a larger loan amount that surpasses conventional loan limits. For more information on jumbo loan eligibility in Bardstown, contact Mr. Cooper.
Mr. Cooper Can Help You Buy a Home in Bardstown
The mortgage professionals at Mr. Cooper are ready to walk alongside you as you buy a home in Bardstown. But we know that doesn't mean the same thing to everyone. Some people are only interested in knowing today's mortgage rates in Bardstown. Others want to get preapproved for a mortgage in Bardstown. While others are ready to speed through the loan application process and close on a home tomorrow! Whatever your unique needs and goals are, Mr. Cooper's home buyer program in Bardstown is here to make them a reality. Talk to a mortgage professional today.
- This is not a commitment to lend. All loans are subject to credit and property approval. This offer is nontransferable and may not be combined with any other mortgage offer. Advertised offer is subject to change. If a personal code is present on the advertised offer, you must provide such code to claim the offer. We may gather information about you including, but not limited to, credit bureau information, information for verification of income, information for appraisal and verification of property being used for collateral. We also verify your identity. Income, assets, and debt must meet eligibility requirements as established by Government and/or Lender guidelines.