Choosing A Loan

 

Whatever your financial need, "The Better Bank" has a loan for you. Kentucky Farmers Bank is one of only a few banks that are still locally owned, which means, we make all our decisions in-house and never sell your loan to some unknown, out-of-town office. If you're ready to buy, we're ready to loan. Let's get started by choosing the right loan for you.

Try our Loan Calculators to better understand what you can afford.

 

Single Pay Notes

KFB is one of the only remaining banks in the area to still offer Single Pay Notes. Here are the details:

  • Short term notes based on your needs and ability to repay.
  • Must have a KFB checking account to qualify.
  • Standard loan qualifiers apply, including, but not limited to: credit score and debt-to-income ratio.
View More

Auto Loans

Get rolling with an auto loan from KFB! New or used; truck, car, or SUV; because that's how we roll.?

  • Rates are based on the year of the vehicle and your credit score; however we have no credit score minimum on our auto loans.
  • Maximum 72 month term based on year of auto and loan value.
  • Standard loan qualifiers apply, including, but not limited to: debt-to-income ratio.
View More

Secured and Unsecured Loans

Determining if you will need a Secured versus an Unsecured loan will be a conversation between you and your loan officer after discussing your personal financial details and the amount borrowed. We offer:

  • Rates based on amount of financing.
  • Standard loan qualifiers apply, including, but not limited to: credit score and debt-to-income ratio.
View More

Campers, ATV's, Motorcycles, and Boats

Whether fishing for a boat loan or another grown-up toy, we've got you covered.
  • Loans based on year of collateral.
  • Standard loan qualifiers apply, including, but not limited to: credit score and debt-to-income ratio.
View More

Home Improvement Loans

With our newest loan program, KFB is now improving home improvement. Offering...
  • Up to $7,500 financing, unsecured.
  • Maximum 60 month term.
  • Minimum 660 credit score and maximum 45% debt-to-income ratio.
  • Home must be borrowers' primary residence.
  • A bid/material list must be submitted at time of application.
  • Standard loan qualifiers apply, including, but not limited to: no mortgage delinquency in the prior 24 months, no prior foreclosures.
View More

1st Time Homebuyer Mortgage

Getting a home loan can seem intimidating to first time buyers. At KFB, we keep it simple, making it a positive and exciting experience. We offer low closing costs, local decisions, as well as:

  • 5% minimum down payment.
  • Fixed rates!
  • Stability - we never sell our loans!
  • Must be the borrowers' primary residence.
  • NO PMI charges!
  • Standard loan qualifiers apply, including, but not limited to: minimum $50,000 property value, minimum 680 credit score, and 1+ year of full-time employment.
View More

Preferred Mortgage

We want to be your financial partner for the life of your mortgage and long after. Our Preferred Mortgage program is intended for customers who deserve to be rewarded for their financial success and therefore offers you are most competitive rates as well as:

  • Minimum 20% down payment*
  • Low closing costs with no hidden fees.
  • Fixed rates!
  • Local, fast decisions.
  • Stability - we never sell our loans!
  • Standard loan qualifiers apply, including, but not limited to: primary residence valued at $50,000+, and borrowers credit score.

*Based on the sale price or the appraisal value - whichever is the lesser amount.

View More