Conventional Fixed-Rate Mortgages
A home loan with an interest rate that stays the same for the entire term of the loan. Your monthly principal and interest payments never change, which makes budgeting predictable.
Choosing the right mortgage is a big step, and we’re here to make it easier. As you explore your home loan options, it helps to understand how each type of mortgage works and what best supports your long-term goals.
A home loan with an interest rate that stays the same for the entire term of the loan. Your monthly principal and interest payments never change, which makes budgeting predictable.
An ARM starts with a fixed interest rate, then adjusts over time based on the market. It can be a smart option if you want a lower rate upfront and we can help you decide if it’s the right fit for your plans.
A jumbo mortgage is designed for homes that fall above standard lending limits. If you're looking at a higher-priced property, this loan can help you finance your home with one straightforward mortgage — and we can walk you through every step.
A construction loan provides short-term financing to build or renovate a home. It gives you access to funds as the work progresses and can roll into a long-term mortgage once your home is complete. If you’re ready to bring your plans to life, we can guide you through the process.
What's it take to qualify for your first mortgage? Less savings and a lower credit score than you might think. We're ready to tell you all about our HomeReady loans.
A home refinance lets you replace your current mortgage with a new one, often to lower your payment, change your loan term, or use your home’s equity. If you’re ready to see what refinancing could do for you, we can help you explore your options.
Your service inspires us all. A grateful nation offers its thanks with a home loan program that features 100% financing and other financial advantages.
You like the slower pace and extra space. If you want to live in a rural area, a USDA loan could be a breath of fresh air with low down payments and flexible credit guidelines.
This government-backed program has helped millions of homebuyers over the decades. With reduced down payments and other benefits, it just might be the best choice for you.
A government-backed loan is a mortgage designed to make homeownership more accessible by offering flexible credit requirements, competitive rates, and lower down-payment options.
Common programs include:
FHA loans for buyers who want lower down payments.
VA loans for eligible veterans, service members, and surviving spouses.
USDA loans for borrowers purchasing homes in eligible rural areas.
Paducah Bank offers several of these options to help you find a loan that matches your needs.