Experience comprehensive mortgage financing services tailored to meet your unique needs with PBT Mortgage. From FHA and VA loans to specialized options like reverse mortgages and investment property financing, our team of trusted loan officers is ready to guide you through every step of your mortgage journey.
Connect with UsEstablished in 1923, 100 Years Strong—Your Trusted Partner in Home Financing
Since 1923, Peoples Bank & Trust Company of Hazard has been a cornerstone of financial stability and personalized service in Perry County and beyond. With roots that run deep in the community, we’ve built a legacy of trust by supporting local families and businesses through generations of change and growth.
PBT Mortgage, a division of Peoples Bank & Trust now PBT Bancorp, continues this tradition by offering tailored mortgage solutions designed to empower your journey toward homeownership and financial success. Whether you're purchasing your first home, refinancing for better terms, or investing in property, our expert mortgage team is here to guide you with clarity and care.
We offer a wide range of loan programs including FHA, VA, and conventional mortgages, as well as specialized products like DSCR loans for investors and government-backed reverse mortgages. Our dedicated loan officers work closely with you to secure competitive rates and financing options that align with your goals.
At Peoples Bank & Trust now PBT Bancorp, we combine nearly a century of heritage with modern lending expertise to be your trusted partner—today and into the future.
Whether you're buying your first home, refinancing, or investing in real estate, we have the perfect loan program tailored to your unique needs.
Lower your monthly payments, reduce interest rates, or access your home's equity.
Traditional mortgage financing for purchasing your new home with competitive rates and flexible terms.
Convert home equity into cash payments for homeowners 62 and older, with no monthly mortgage payments required.
Access additional funds using your home's equity while keeping your current first mortgage intact.
Investment property financing based on rental income potential, perfect for real estate investors.
Home Equity Line of Credit provides flexible access to funds when you need them, using your home's equity.
Perfect for first-time homebuyers with as little as 3.5% down payment and flexible credit requirements.
Exclusive benefits for veterans and military families including zero down payment and no PMI required.
Traditional financing with competitive rates and flexible terms for qualified borrowers.
Financing for luxury homes and high-value properties exceeding conventional loan limits.
Pay only interest for a set period, then convert to principal and interest payments for maximum flexibility.
Simplified documentation process for self-employed borrowers and those with complex income structures.
Our experienced loan officers are here to help you find the perfect mortgage solution. Get started with a free consultation today.
Calculate your mortgage payments for purchase or refinance
A fixed-rate mortgage maintains the same interest rate throughout the entire life of the loan, providing predictable monthly payments. An adjustable-rate mortgage (ARM) starts with a lower initial rate that can change based on market conditions after an initial fixed period. Fixed-rate loans offer stability, while ARMs can provide lower initial payments but carry the risk of rate increases over time.
Our streamlined process typically takes 21-30 days from application to closing. However, this can vary based on factors like loan complexity, property type, and how quickly you provide required documentation. We pride ourselves on clear communication and keeping you informed every step of the way.
Closing costs typically range from 2-5% of your loan amount and may include:
We provide a detailed Loan Estimate within 3 days of your application, breaking down all costs so there are no surprises at closing.
Yes! Most of our loan products allow additional principal payments without penalties. Making extra payments can significantly reduce the total interest paid over the life of your loan and help you build equity faster. We'll show you exactly how extra payments can impact your loan and discuss the best strategy for your financial situation.
Don't worry! We work with borrowers across the credit spectrum. FHA loans accept scores as low as 580, and we have specialized programs for borrowers with unique credit situations. We can also provide guidance on improving your credit score and connecting you with credit repair resources if needed. Your homeownership dreams are still achievable!
Absolutely! We offer both rate-and-term refinancing (to lower your rate or change your loan term) and cash-out refinancing (to access your home's equity). Whether you want to lower your monthly payment, shorten your loan term, or tap into your home's equity for improvements or debt consolidation, we have refinancing solutions to meet your needs.
You'll typically need:
We'll provide you with a complete checklist during the application process to make sure you have everything needed.
A general rule of thumb is that your monthly housing payment shouldn't exceed 28% of your gross monthly income. However, this can vary based on your credit score, debt-to-income ratio, and loan program. Our loan officers can help you determine your exact affordability and show you different scenarios based on down payment amounts and loan terms.
Down payment requirements vary by loan type: VA loans require 0% down for qualified veterans, USDA loans offer 0% down for rural properties, FHA loans require as little as 3.5% down, and conventional loans typically require 3-20% down. The amount you put down affects your monthly payment, interest rate, and whether you'll need mortgage insurance.
Take the first step toward homeownership today. Our expert loan officers are standing by to help you through the entire process.
No obligation • Fast pre-approval • Expert guidance