Conventional loans are great options for borrowers with higher credit scores and minimal debt. There are options with No PMI (private mortgage insurance) with as little as 5% down and never any mortgage insurance with a 20% down payment. Conventional loans are available with as little as 3% down payment, but some programs have income limits. .
An FHA loan is a mortgage insured by the Federal Housing Administration that requires a smaller down payment than a traditional mortgage. FHA loans typically offer lower interest rates and more flexible debt-to-income ratios.
Also know as Rural Housing Or Rural Development loans provide options for low and moderate income households. If the property is located in an eligible rural area, 100% financing is available. Income limits do apply and property must be occupied as a primary residence.
The VA loan was designed to offer long-term financing to eligible American veterans or their surviving spouses and are guaranteed by the U.S. Department of Veterans Affairs. Benefits of VA loans include no closing cost options and no underwriting fees.
Our experienced JPMortgage Company Professionals can help you make informed, educated decisions when it comes to your mortgage or refinance options. For residents in Kentucky or Indiana, we're here to help guide you through the process. Request a rate below or contact a loan professional directly.
Our FAQ section provides insights into the questions we receive most from our customers. From qualifying for a loan to how employment status affects your mortgage, we've got you covered.
JPMortgage Company is located on Shelbyville Road near the Hurstbourne Lane intersection. We are locally owned and operate business branches in Louisville and Bardstown, KY.
JPMortgage Company
9900 Shelbyville Rd #10a, Lousiville, KY 40223 | 502-412-8400 | NMLS #644190
1002 Granite Drive , Ste 7, Bardstown, KY 40004 | 502-415-6911 | NMLS #809529