Mortgage
Conventional Loans
Fixed-Rate and Adjustable-Rate Mortgage Loans
Buying a house is a significant investment, making it essential to secure the right loan for you and your family. Whether you're looking for your starter home or are planning on downsizing for your retirement, Stock Yards Bank & Trust is ready to help. We offer competitive rates for conventional mortgage loans in Kentucky, Indiana, and Ohio to help you bring your homeowner vision to life.
Conventional Loans We Provide
Conventional loans are mortgage loans not insured or guaranteed by the federal government. Homeowners turn to private lenders, like Stock Yards Bank & Trust, to receive a loan and finance their home-owning dreams. We provide two types of conventional loans — fixed-rate mortgages and adjustable-rate mortgages.
What Is a Fixed-Rate Mortgage?
A conventional fixed-rate loan is ideal for those looking to stay put long-term, providing borrowers with the stability of a specific interest rate throughout the life of the loan. This loan protects borrowers from fluctuations in the market with the same interest rates and principal payments each month. This consistency helps homeowners know what they'll need to pay to budget their finances accordingly, which you can determine with our convenient loan calculator.
What Is an Adjustable-Rate Mortgage?
Adjustable-rate mortgages offer a variable interest rate that follows an initial fixed period with interest set below the market rate. This fixed period can range from a few months to years, but once it's up, the interest rate will be subject to market fluctuations. Those who plan on selling in the near future often prefer this type, as it can be more affordable for the first five to seven years.
Get a Conventional Mortgage Loan From Stock Yards Bank & Trust
Stock Yards Bank & Trust is the go-to mortgage service provider when it's time to buy a home. Providing both adjustable and fixed-rate mortgages in Kentucky, Indiana and Ohio allows our certified loan officers to find and help you choose a solution that best fits your needs. We'll walk you through the entire process, answering your questions and providing expert advice to find the perfect mortgage loan for your situation.
When you choose to receive a conventional mortgage loan from Stock Yards Bank & Trust, you can count on several benefits, such as:
- Competitive interest rates to keep payments as affordable as possible.
- Honest and caring loan officers committed to helping you.
- A trouble-free loan application process.
- Educational mortgage workshops and lessons to give you the information you need.
Apply for Your Loan Today
Whether you're interested in a fixed or adjustable-rate mortgage in Kentucky, Indiana, or Ohio, Stock Yards Bank & Trust is prepared to provide you with suitable solutions to help you become a homeowner with ease. Our loan officers are ready when you are. Start filling out your application, or reach out to our team of experienced mortgage lenders with any questions today!
Subject to credit approval. Terms and conditions are subject to change.