Mortgage Broker in Florence, KY
Growing fast, priced smart, and we've got the wholesale rate sheet to match.
Florence has one of the most active buyer pools in NKY. New construction in Burlington, Union, and Richwood keeps inventory flowing, and resale neighborhoods near Boone County parks move quickly. Boone County also has some of the largest USDA-eligible areas we work with.
Why Florence buyers choose Hometown Mortgage
- USDA-eligible addresses available: Parts of Florence and neighboring Boone County qualify for zero-down USDA loans. We check the map in real time before you make an offer.
- New-construction experience: We work with most major builders in Florence and know how to structure financing around their timelines and concessions.
- Local turn-times: Our average close is 22 days, faster than most national lenders, which matters when you're competing with other offers.
The market, by the numbers
Straight from the U.S. Census Bureau American Community Survey. Numbers shape which loan programs actually make sense here.
- Median home value$181500
- Median household income$67352
- Homeownership rate57%
- Median year built1986
Population: 32,056 · Source: ACS 5-year 2022.
Buying a median-priced home in Florence
At today's median home value of $181,500, here's what your down payment and monthly payment look like across three common loan structures. Illustrative rate of 6.75% on a 30-year term, taxes and insurance included.
- 3.5% down
- $6,353
- Loan amount
- $175,148
- P&I
- $1,136
- Monthly PMI
- $73
- 10% down
- $18,150
- Loan amount
- $163,350
- P&I
- $1,059
- Monthly PMI
- $68
- 20% down
- $36,300
- Loan amount
- $145,200
- P&I
- $942
Scenarios are illustrative only. Actual pricing depends on credit, loan type, property details, and current market rates. Not a commitment to lend.
What Florence buyers get with Hometown
USDA-eligible addresses available
Parts of Florence and neighboring Boone County qualify for zero-down USDA loans. We check the map in real time before you make an offer.
New-construction experience
We work with most major builders in Florence and know how to structure financing around their timelines and concessions.
Local turn-times
Our average close is 22 days, faster than most national lenders, which matters when you're competing with other offers.
Where Florence lives, day to day
A snapshot of the anchors we see on every appraisal report and every buyer's shortlist.
Schools
Schools drive a huge share of what buyers are willing to pay for a home. Here are the closest anchors.
- Boone County High School7056 Burlington Pike, Florence, KY
- Florence Elementary School103 Center St, Florence, KY
- Yealey Elementary School10 Yealey Dr, Florence, KY
- Ockerman Elementary School8250 US-42, Florence, KY
Parks & green space
Walkability and outdoor access matter for resale and for quality of life.
- Stringtown Park4.5(786)7340 Burlington Pike, Florence, KY
- Lincoln Woods Park4.5(263)1 City Park Dr, Florence, KY
- Covered Bridge Park3.9(119)W Covered Bridge Dr &, Goodridge Dr, Florence, KY
- Fox Run Park4.0(34)1510 Woodside Dr, Florence, KY
Grocery & essentials
A short drive to a full-service grocery is a lived-in quality-of-life signal.
- Walmart Supercenter3.6(9261)7625 Doering Dr, Florence, KY
- Meijer4.2(4229)4990 Houston Rd, Florence, KY
- Kroger Marketplace4.0(887)7685 Mall Rd, Florence, KY
- ALDI4.6(1030)5475 Houston Rd, Florence, KY
Civic & community
Libraries, city halls, and post offices, the everyday anchors of a neighborhood.
- United States Postal Service2.3(188)7101 Turfway Rd, Florence, KY
- Boone County Public Library - Florence Branch4.5(104)7425 US-42, Florence, KY
Dining & coffee
Restaurants, cafés, and the places you'll actually visit on weekends.
- Golden Corral Buffet & Grill4.1(4053)4770 Houston Rd, Florence, KY
- Ford's Garage Florence4.7(2736)4911 Houston Rd, Florence, KY
- Raising Cane's Chicken Fingers4.4(2977)8020 Burlington Pike, Florence, KY
- Texas Roadhouse4.3(3180)4953 Houston Rd, Florence, KY
Healthcare
Proximity to hospitals and clinics is a must-have for many buyers.
- St. Elizabeth Healthcare Florence Hospital2.6(402)4900 Houston Rd, Florence, KY
- Florence VA Clinic4.0(19)7310 Turfway Rd, Florence, KY
- Gateway Rehabilitation Hospital3.9(111)5940 Merchants St, Florence, KY
- Women's Health - Florence Turfway - St. Elizabeth Physicians3.4(30)7370 Turfway Rd, Florence, KY
Data from Google Places. Highlights, not a comprehensive directory.
Homes in Florence tend to be…
The median home in Florence was built around 1986 (roughly 40years old), which means older construction is the norm, not the exception. Older homes are financeable, but they do raise specific appraisal and condition questions that retail lenders often stumble on. We don't. About 57% of occupied homes are owner-occupied; the remaining 43% are rentals. That ratio matters because strong owner-occupancy helps resale values stay stable over time.
Florence, KY homes, all of them
From starter homes to executive builds, we've closed loans in and around these Florence neighborhoods.
- Downtown Florence
- Turfway
- Industrial Rd corridor
- World of Golf area
- Mount Zion Rd
Every type of mortgage
All of our loan programs are available in Florence, KY. Click through for details.
Local reviews
What clients in Florence usually ask
- Yes, parts of Florence and surrounding Boone County qualify. The eligibility map updates periodically. Send us the address and we'll confirm in under a minute.
Other places we serve
We close loans across the region, here are the nearest service areas to Florence.
Talk to a Florence mortgage broker
Local office, wholesale rates, honest math. Lee usually replies within a business hour.
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