Kentucky Home Buying

Home buying in Kentucky is ripe with existing and new home real estate opportunities. Whether it’s for real estate investing or trying to find the ideal place to call home; Kentucky house hunters have plenty of inventory on both the new and existing side. New neighborhoods are sprouting thanks to Kentucky builders such as Elite Homes in Louisville or Ashley Builders throughout Northern Kentucky.

Existing inventory continues to be ample, making the home buying process somewhat easier in Kentucky. However, when it comes to mortgage loans, Kentucky borrowers are urged to contact their local mortgage lender or mortgage broker for current terms and rates. Whether it’s a first mortgage, mortgage refinance or home equity loans; borrowers must perform due diligence before applying for a loan. The research checklist includes obtaining the borrower’s credit report to determine the credit score and using online mortgage calculators or a home purchase calculator to access how much home the borrower can afford.