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Review Keywords Analysis

  1. United States
  2. Best Mortgage Brokers
  3. Mortgage Brokers in Kentucky
  4. Lexington
  5. Mortgage Affordability Calculator
1 · Your income
2 · Down payment
3 · What you can afford
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Mortgage Affordability Calculator Lexington, KY

How much house can you afford in Lexington? See your maximum price, monthly payment and pre-approval estimate. Free, instant, no credit check.

Updated · current rates and lending limits

Add your partner's income if you're buying together.

Car loans, credit cards, lines of credit, student loans. Not rent.

Property tax are for this state.

An estimate, not a mortgage approval or pre-approval. A mortgage broker confirms your real number.

Top-rated mortgage brokers in Lexington

Ranked by TrustAnalytica from verified reviews · see the full Top 10 list →

1

Benchmark Mortgage

Known for a client-focused approach, Benchmark Mortgage Lexington helps first-time buyers, refinancers, and investors navigate the mortgage process with personalized support and clear communication. Their team offers pre-approval services and educational resources, making home financing more accessible, though some clients note the process can still feel complex at times.

Services & Prices
Purchase Mortgages Quoted per loan
Refinancing Quoted per loan
Pre-Approval Quoted per loan
View Profile
(859) 977-5239
Closed Now
3499 Blazer Pkwy #330, Lexington, KY 40509
General Services
Mortgage Services
2

Lex Lending

Lex Lending specializes in reliable mortgage pre-approvals that other agents trust to avoid surprises before closing. The team offers thorough loan assistance and has helped save deals when other lenders fell short. Customers appreciate their helpful and personable approach throughout the process.

View Profile
(859) 699-1943
Closed Now
2357 Huguenard Dr #100, Lexington, KY 40503
3

Jesse Hardin, Mortgage Lender NMLS #770974

Licensed mortgage lender NMLS #770974, Jesse Hardin specializes in guiding first-time homebuyers and veterans through various loan options, including VA and conventional mortgages. Clients appreciate the clear communication, timely responses, and educational approach that help simplify what can be a complex process. The team is known for keeping documents ready ahead of deadlines and providing… more...

Licensed mortgage lender NMLS #770974, Jesse Hardin specializes in guiding first-time homebuyers and veterans through various loan options, including VA and conventional mortgages. Clients appreciate the clear communication, timely responses, and educational approach that help simplify what can be a complex process. The team is known for keeping documents ready ahead of deadlines and providing personalized support throughout.

View Profile
(859) 361-0309
Closed Now
444 Lewis Hargett Cir #220, Lexington, KY 40503
4

Benchmark Mortgage, Brad Hacker

Known for clear communication and a smooth mortgage process, Benchmark Mortgage, Brad Hacker offers personalized guidance from initial financial review to closing. The team handles each step efficiently and keeps clients well-informed, with many appreciating their professionalism and attentive support throughout the loan experience.

Services & Prices
Closing Coordination Quoted per loan
View Profile
(859) 977-5239
Closed Now
3499 Blazer Pkwy #330, Lexington, KY 40509
General Services
Mortgage Services
5

David Willoughby, Benchmark Mortgage

Licensed across six states, this mortgage planning team focuses on guiding clients through every step of the home loan process with clear, personalized support. They offer competitive rates, educational resources like a blog and step-by-step guides, and are often described as responsive and communicative throughout the journey. Some clients note the process can take time, but appreciate the… more...

Licensed across six states, this mortgage planning team focuses on guiding clients through every step of the home loan process with clear, personalized support. They offer competitive rates, educational resources like a blog and step-by-step guides, and are often described as responsive and communicative throughout the journey. Some clients note the process can take time, but appreciate the thoroughness and care provided.

Services & Prices
Home Purchase Loans Quoted per loan
Refinancing Quoted per loan
Pre-Approval Quoted per loan
View Profile
(859) 536-7643
Closed Now
1084 E New Circle Rd Ste 200, Lexington, KY 40505
General Services
Mortgage Services
Where they are 10 on the map Click a pin for the profile and directions
6

Racee Greene, Ruoff Mortgage

Ruoff Mortgage holds an A+ rating from the Better Business Bureau, reflecting its long-standing commitment to ethical practices and customer satisfaction. The team offers a variety of loan options, including conventional, FHA, VA, and USDA programs, with a focus on clear communication and efficient processing. Clients appreciate their responsiveness and guidance throughout the mortgage journey.

View Profile
(270) 240-2798
Open 00:00 - 23:59
523 Wellington Way, Lexington, KY 40503
7

Bryan Dollins, Mortgage Loan Originator at Stockton Mortgage

Known for offering competitive rates nationwide, this mortgage team specializes in FHA, VA, Jumbo, Conventional, and refinance loans tailored to various borrower needs. Clients appreciate their responsiveness and clear communication, though some note occasional last-minute requests that can complicate closing. The focus remains on making the mortgage process straightforward and timely.

View Profile
(859) 338-4776
Closed Now
220 Lexington Green Cir Ste 500, Lexington, KY 40503
8

Benchmark Mortgage, Leslie Ricketts

Known for quick pre-approvals and responsive service, Benchmark Mortgage, Leslie Ricketts helps clients navigate home loans with ease. The team offers clear communication and uses an online portal to simplify document submission. Customers appreciate their friendly approach and ability to adapt quickly during unexpected challenges.

View Profile
(859) 479-1034
Closed Now
1084 E New Circle Rd Ste 200, Lexington, KY 40505
9

Mark Sammons Mortgage Lender

Mark Sammons Mortgage Lender is known for clear communication and making the home loan process as straightforward as possible. The team assists with home purchases and refinancing, guiding clients through each step with expertise and attentiveness. Customers appreciate the consistent updates and helpful explanations, though the process can still feel complex at times.

Services & Prices
Home Loan Financing Quoted per loan
Loan Refinancing Quoted per loan
View Profile
(859) 433-4558
Open 8:00 AM - 5:00 PM
220 Lexington Green Cir #212, Lexington, KY 40503
General Services
Mortgage Services
10

MSI Lending of Lexington

Licensed mortgage broker MSI Lending of Lexington specializes in a broad range of Kentucky loan programs, including VA, jumbo, refinance, and first-time homebuyer options. The team is known for clear communication and guiding clients smoothly through paperwork, though some find the process can take time depending on underwriting.

View Profile
(859) 253-5363
Closed Now
2700 Old Rosebud Rd Unit 310, Lexington, KY 40509

Lexington Mortgage Statistics

Home-purchase lending in Fayette County and home costs in Lexington, KY (latest HMDA and Census data)

Lenders made 3,308 home-purchase loans in Fayette County in 2025 (average about $383,000) and denied 259 — 7% of decided applications, compared with 21% across Kentucky, according to federal mortgage data (HMDA, CFPB). In Lexington, the median home is worth $293,500 and 68% of owners have a mortgage, paying a median $1,636 a month (Census ACS 2020–2024).

Home-purchase loans, 2025
3,308▲ 1%3,281 in 2024
Denial rate
7%KY 21%
Median home value
$293,500KY $205,600
Monthly cost with a mortgage
$1,636median · KY $1,433
Refinance loans made (Fayette County, 2025)
2,212 · 1,561 in 2024
Home-improvement loans made (2025)
792
Average home-purchase loan
$383,000 (KY $283,000)
Owners with a mortgage
68% · 21% of them spend 30%+ of income on housing
Median household income
$69,479 (KY $63,726)

Source: CFPB / FFIEC Home Mortgage Disclosure Act (HMDA) data, 2024–2025 loan applications in Fayette County (originated vs denied); home values and costs: U.S. Census Bureau ACS 2020–2024. Compiled by TrustAnalytica.

Lexington Mortgage Brokers stats: 10 businesses compared side by side · updated
# Business Rating Reviews Starting price Phone Website
1 Benchmark Mortgage 5.0 519 Quoted per loan (859) 977-5239 Visit
2 Lex Lending 4.9 298 — (859) 699-1943 Visit
3 Jesse Hardin, Mortgage Lender NMLS #770974 5.0 203 — (859) 361-0309 Visit
4 Benchmark Mortgage, Brad Hacker 5.0 175 Quoted per loan (859) 977-5239 Visit
5 David Willoughby, Benchmark Mortgage 5.0 117 Quoted per loan (859) 536-7643 Visit
6 Racee Greene, Ruoff Mortgage 5.0 90 — (270) 240-2798 Visit
7 Bryan Dollins, Mortgage Loan Originator at Stockton Mortgage 4.9 89 — (859) 338-4776 Visit
8 Benchmark Mortgage, Leslie Ricketts 5.0 73 — (859) 479-1034 Visit
9 Mark Sammons Mortgage Lender 5.0 53 Quoted per loan (859) 433-4558 Visit
10 MSI Lending of Lexington 5.0 41 — (859) 253-5363 Visit

How this Lexington mortgage affordability calculator works

Lenders look at your debt-to-income ratio. Housing costs (principal and interest, property tax, homeowners insurance and mortgage insurance) should stay under about 31% of your gross monthly income, and housing plus your other monthly debts under 43%. The calculator finds the highest home price that passes both tests with your down payment, on a 30-year fixed loan.

Kentucky rules and numbers this calculator uses

Debt-to-income
31% for housing and 43% total, the FHA standard and the long-time Qualified Mortgage limit. Some conventional loans go higher with strong credit and savings.
Down payment
At least 3% on a conventional first-time buyer loan (3.5% on FHA). Under 20% down, private mortgage insurance of about 0.6% of the loan a year is added to the payment.
Property tax
About 0.72% of the home's value a year, the Kentucky average for owner-occupied homes (2024 Census ACS).
Insurance
Homeowners insurance assumed at $150 a month; it varies a lot by home and location.
Rate
Starts at 7.40% (Freddie Mac 30-year average, October 2026). Change it to the rate you have been quoted.

An estimate, not a mortgage approval or pre-approval. Your credit, income type, the property and the lender all change the answer; a mortgage broker confirms your real number. Sources: Freddie Mac Primary Mortgage Market Survey (October 2026), U.S. Census Bureau American Community Survey 2024 property tax data, FHA and CFPB debt-to-income guidance.

Frequently asked questions

9 questions
How does the mortgage affordability calculator work?
The calculator estimates the highest home price you can afford based on income, debts, down payment, interest rate, and Lexington property tax.
What is the debt-to-income ratio for mortgages?
Lenders typically cap housing costs at 31% and total debts at 43% of gross monthly income, per FHA standards.
What is the minimum down payment for a mortgage in Kentucky?
Minimum down payments are 3% for conventional loans, 3.5% for FHA loans, and 0% for eligible VA/USDA loans.
How does PMI affect my mortgage?
With less than 20% down, PMI adds about 0.6% of the loan annually; it can be removed once the loan balance is below 80%.
How do interest rates impact home affordability?
Higher interest rates increase monthly payments, reducing the home price you can afford. Rates start at 7.40% in this calculator.
How do existing debts affect my mortgage qualification?
Existing debts reduce how much you can borrow, as lenders consider total debt payments against your income.
What is the property tax rate in Lexington, KY?
Kentucky's average property tax rate is about 0.72% of the home's value annually.
What's the difference between pre-approval and pre-qualification?
Pre-approval involves verifying income, debts, and credit, while pre-qualification is an initial estimate without verification.
What does a mortgage broker do?
A mortgage broker helps find and negotiate mortgage terms with lenders on your behalf.

General information, not financial advice — consult a qualified professional.