Bankers Mortgage Network is committed to assisting you in securing your financial future.
A HELOC is an alternative to a cashout refinance, allowing borrowers to use their home's equity without refinancing.
The federal government guarantees VA loans through the Veterans Benefits Administration, which is part of the Department of Veteran Affairs (VA).
A USDA Rural Loan is a zero downpayment mortgage to advantage middle-class Americans who do not have the means traditionally required to obtain a mortgage.
An FHA loan is insured or guaranteed by the Federal Housing Administration (FHA). It is a common misconception that FHA loans are only for first-time homebuyers.
A Conventional loan is what many people think of when they think about a home mortgage. The loan follows the guidelines outlined by Freddie Mac and Fannie Mae
A Construction loan allows you to build a home from the ground up or remodel the existing house to create a picture-perfect home.
BMN offers financing for manufactured housing that meets secondary market guidelines. As an approved Kentucky Manufactured Housing Institute member, we help homeowners make smart, informed decisions about homeownership.
Farmers Bank dba BMN Kentucky Housing Corporation approved lender. BMN the mortgage division of Farmers Bank will work with you and provide you with the best mortgage options.
A Jumbo loan is a mortgage used to finance properties that are too expensive for a conventional loan.
Mortgage Loan Advisor
The Mortgage Loan Advisor may complete or assist with the loan application, match you with the best loan product to meet your needs, and answer all your questions. Step 1 will include reviewing credit and the option to lock the interest rate.
The Processor will send you loan documents, including the Loan Estimate containing costs associated with the loan. The Processor will review the loan package for completeness and contact you for any missing documentation. Step 2 will include ordering the appraisal and title work.
The Underwriter will review the credit loan package for data integrity and compliance with loan guidelines. In this step, the appraisal and title work has not been received from the service providers for review.
The Processor receives the appraisal from the appraisal company and the title work from the attorney.
The Underwriter will review the appraisal and title work, issue final approval, and a clear-to-close.
The Closer will contact you, the Mortgage Loan Advisor, and the closing agent to schedule a closing.
Call Us: 270-896-6015