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Would you like to buy or refinance a home in Elizabethtown? You're going to need a home loan, or mortgage, to do that. Mortgage rates differ throughout the country; our Elizabethtown mortgage lenders strive to provide the best mortgage rates available in the Elizabethtown area. Back to Kentucky Mortgage
Search and Compare Mortgage Rates

The next step is hunting down the best mortgage for that Elizabethtown home for purchasing or refinancing. An excellent starting point is here: simply give us an idea of the type of loan you want. You will receive bids from multiple Elizabethtown lenders that will compete to provide a loan at the lowest rate, matching you with nearly 5 Elizabethtown mortgage lenders. Your mortgage may be for a new home, refinancing or perhaps a home equity loan - in any case, the best way to start is to see what everybody offers.

How much of a Mortgage?

Mortgage affordability is important to the bank, but crucial for you. As of 2005, the average Elizabethtown mortgage payment was $868 which will give you an idea of what you can expect even with historically low rates. Our mortgage calculator will help you plug in the critical components so that you can determine how large a home loan is reasonable for your Elizabethtown home.

Elizabethtown Mortgage Lenders

Elizabethtown is a major city in Kentucky with no shortage of reputable mortgage lending institutions. These include financial houses working with us such as: First Federal Savings Bank, Magnolia Bank, Kentucky National Bank, Cecilian Bank, North Central Kentucky Mortgage Services.

Elizabethtown Mortgage & Real Estate Market

In 2006 Elizabethtown housing sales were at an all time high; down recently but leveling off. As of 2005, the median home value in Elizabethtown was $98,300. This number is big in comparison to the median home value back in 2000 of $98,300. Elizabethtown has a solid home ownership base with 10,043 houses and apartments and 55% of those are occupied by their owners. Despite the current market, historically Elizabethtown has been a city where people move, buy and stay - with 51% of homeowners currently paying off a mortgage. About 18% of the city's current homeowners are carrying a second mortgage or home equity loan.

Cranbrook Loans
41800 Hayes Road
Clinton Twp , MI
Phone: 586-649-2302
Ask for: Pryor Gregg
Special Mortgage Programs
Cranbrook Mortgage Corporation is a Better Business Bureau listed company with twelve years experience. Call Toll Free at 877-LOAN-993 Ext: 2302. We offer debt consolidation refinance, rate redeuction loans and Government insured loans including FHA Secure. We also refinance manufactured homes with no maximum acreage limit to qualifying applicants.
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Elizabethtown, KY Real Estate Market View
updated Saturday, May 17, 2008

Housing Elizabethtown, KY United States
Home Appreciation 4.80% 9.80%
Median Home Cost $132,100 $217,200
Homes Owned 54.47% 64.07%
Homes Rented 38.13% 21.45%

1 Year Market Value Change
1yr | 5yr | 10yr
Popular Cities and Towns

Location Population Median Family Income (2005)
Ashland 21,981 $30,309
Bowling Green 49,296 $29,047
Covington 43,370 $30,735
Elizabethtown 22,542 $35,823
Florence 23,551 $42,567
Frankfort 27,741 $34,980

Elizabethtown Mortgage Statistics

Category Value
2nd Mortgage or Home Equity 18%
Homes With No Mortgage 31%
Second Mortgage Only 8%
First Mortgage Only 51%
Home Equity Loan Only 11%

Elizabethtown Rates & Mortgage Calculator
updated Saturday, May 17, 2008

Mortgage Type Today Last Week Change
30 yr fixed 6.03 6.24   0.035%
15 yr fixed 5.47 5.72   0.046%
5/1 ARM 5.34 5.43   0.017%
3/1 ARM 5.48 5.42   0.011%
Your dream of home ownership, refinancing, or using your homes equity might just be an
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Additional Elizabethtown Lenders
First Federal Savings Bank
2323 Ring Road
Elizabethtown, KY 42701
(502)-765-2131
Magnolia Bank
651 W Dixie
Elizabethtown, KY 42701
(270)-765-4072
Kentucky National Bank
1000 North Dixie Avenue
Elizabethtown, KY 42701
(270)-735-1401
Cecilian Bank
1808 North Dixie Avenue
Elizabethtown, KY 42701
(502)-737-1593
North Central Kentucky Mortgage Services
4000 N Dixie Hwy
Elizabethtown, KY 42701
(270)-769-0663
 
Kentucky Mortgage Partners

Cranbrook Mortgage Corporation is a Better Business Bureau listed company with twelve years experience. Call Toll Free at 877-LOAN-993 Ext: 2302. We offer debt consolidation refinance, rate redeuction loans and Government insured loans including FHA Secure. We also refinance manufactured homes with no maximum acreage limit to qualifying applicants.

Mortgage Calculators


Fixed Rate vs. Interest Only
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Simple Mortgage Calculator
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Mortgage Tools & Help


Mortgage Identity Theft
Glossary of Mortgage Terms
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Common Sense
Mortgage and Finance

Peter G. Miller - Mortgage Lenders Plus.com
Peter Miller is the author of the Common Sense Mortgage and has been featured on such media outlets as Oprah, The Today Show and CNN. His columns now appear in leading real estate media including the Real Estate Professional and RealtyTimes.com.
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