Residential Mortgages

No-Point mortgage loan FHA financing VA financing Extended rate locks		Up to 97% conventional financing KHC financing RHS: 100% financing available Pre-qualification and pre-approval available
Conventional Fixed Rates Loans that have a fixed rate and monthly payment for the entire life of the loan. It's easy to budget for this type of loan because your payment will always be the same. The rate on a fixed rate mortgage loan is generally higher than an adjustable rate mortgage.
Adjustable Rates Loans that usually start with a lower rate than fixed rate loans. We'll let you know how much the rate can be adjusted over the life of the loan, so you will know the absolute maximum amount you would ever have to pay. If you will be moving in a few years or if you think interest rates will be going down, you'll want to consider this type of loan.
VA (Veterans Administration) Loans that are guaranteed by the Veterans Administration. VA provides a guarantee allowing us to make 100 % financing on the purchase of a home and 90% for refinancing. You will need normal closing costs to move in, but there is little or no down payment
FHA (Federal Housing Authority) Loans that require a relatively small down payment, and are insured through the Federal Housing Administration. Qualifying guidelines are slightly more lenient than conventional loans. FHA loans can be fixed or adjustable
Guaranteed Rural Housing Authority (RHS/formerly FmHA) Loans that provide up to 107% financing including closing costs. Certain income qualifications must be met. These loans are guaranteed by RHS.
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Kentucky Housing Corporation (KHC) Loans that have a lower interest rate than straight conventional, FHA, VA, or RHS. Can be either conventional, FHA, VA or RHS. Income and sales price restrictions apply. Be sure to ask about current program guidelines.
Special Programs In addition to special programs for first-time buyers, THE BANK also offers JUMBO loans, Balloons, Farm loans and Bridge and Construction loans