How to Get a Mortgage Loan Louisville KY

When getting a mortgage loan you should keep a number of things in mind. In this article, you’ll learn about mortgage loan aspects, such as how to fill out your application or inquiry as accurately as possible.

Local Companies

Heleringer Mortgage Company
502-412-6162
1945 Alfresco Pl
Louisville, KY
Alliance Home Loans
(813) 929-6767
1939 Goldsmith Lane Suite 247
Louisville, KY
A+ Credit, LLC
502-459-2222
3801 Springhurst Blvd.
Louisville, KY
Liberty Mortgage of Ky, Inc.
502-425-8585 ex1
13121 Eastpoint Park Blvd
Louisville, KY
KEY FINANCIAL MORTGAGE
502.644.8008
107 South Hurstbourne Ln.
Louisville, KY
Fifth Third Bank
(502) 964-3393
8003 Preston Hwy
Louisville, KY
Stock Yards Bank & Trust Co
(502) 582-2571
1040 E Main St
Louisville, KY
L & N Federal Credit Union
(502) 368-5858
4700 Southern Pkwy
Louisville, KY
Bankers Mortgage Co
(502) 454-5400
130 Saint Matthews Ave
Louisville, KY
Approval One Mortgage Co
(502) 339-2000
105 Daventry Ln Ste 206
Louisville, KY

Here are some things to keep in mind when moving forward in the application process to get your home loan:

Contact or apply to many different lenders or brokers – Online you can fill out many mortgage applications where the lender or mortgage service company does not pull your credit history. If they don't ask for your social security number, they usually cannot pull your credit. Brokers usually use the initial application or inquiry form and what you tell them about your credit to make a decision about whether they should pursue the application and pull your credit or not. Many lenders will tell you that you are not going to get approved anywhere and that if they can’t help you, no one can. That is not true. All mortgage brokers have access to very different mortgage programs and some brokers are more creative in their financing techniques than others.

Fill out your application or inquiry as accurately as possible – Inflating your income on your application or inquiry form, to be higher than you know you can verify your income to be, will only delay the process of getting pre-approved. The broker will work the fastest for you if he/she is working with the exact information he/she needs to be able to verify. That’s the best way to get approved and through the pre-approval process smoothly.

Be persistent – This is the key when seeking a mortgage loan pre-approval with poor credit, be optimistic. Look for creative ways to get financing and contact as many brokers as possible. There is one or more out there that can help you. The key is to find them.

Start house hunting - Sometimes the key to getting into a house is finding the right one and a seller that is flexible enough to help you do some creative financing work. For example: the seller carrying back a small percentage of the loan, the seller paying your closing costs or you being able to purchase the house for significantly lower than market value.

To view a list of our recommended poor credit mortgage lenders, visit this page: www.abcloanguide.com/lessthanperfectcredit.shtml.

About the Author:

Written by Carrie Reeder, Owner of www.abcloanguide.com. Carrie's website is an informational mortgage loan website. Her website has articles and a list of recommended mortgage lenders for many different types of mortgage loans.

carrie@abcloanguide.com


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Featured Local Company

Heleringer Mortgage Company

502-412-6162
1945 Alfresco Pl
Louisville, KY
www.webeatthebanks.net