Smarter Mortgage.
Better Conversations.
Faster Closings

Buying a home is one of life’s biggest Milestones – your mortgage lender should be the one making it easier, not harder.

Based right here in Lawrenceburg, IN, Bihn Group helps Tri-state homebuyers navigate FHA, VA, USDA, Land, and countless Non-QM loans with total confidence.  Our experts are known for delivering rock-solid pre-approvals, on-time closings, and a personalized experience you wont find at a big bank or anywhere else in town.

At Bihn Group, we’ve ditched the call centers and the guesswork for something a lot more local.

Stop by the Lawrenceburg office for a coffee, a chat or a round of Golden Tee! WE are ready to get you home!

More Service.
Less Hassle.

​Finding the right loan shouldn’t feel like trying to fit a square peg in a round hole. At Preferred Rate, we believe your mortgage should be as unique as your home. That’s why we offer over 25 residential mortgage options tailored to your specific goals.

​Whether you’re buying your very first home, upgrading to a larger space, or mastering the art of house hacking, we don’t just process paperwork, we walk alongside you. Our mission is to find the perfect balance between your financial needs and your monthly budget, ensuring a seamless experience from application to closing.

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CALHFA

TOP EMPLOYER

DIVERSITY JOBS

TOP 100 MORTGAGE COMPANIES

MORTGAGE EXECUTIVE

5-STAR LENDER

Mortgage Professional America

TOP 250 LATINO MORTGAGE ORIGINATORS

NAHREP

MOST LOVED MORTGAGE EMPLOYERS

NMP

TOP MORTGAGE LENDER

SCOTSMAN GUIDE

TOP MILITARY LENDER

NMP

TOP 15 VA LENDER

SCOTSMAN GUIDE

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FAQs

How much home can I afford?
That depends on your income, monthly debts, credit profile, and how much you have saved. A good rule of thumb is to keep your total housing payment within a comfortable percentage of your monthly income, but the best way to know for sure is to get pre-approved.
What credit score do I need to qualify for a mortgage?
Most loan programs accept scores starting around 580–620, but the higher your score, the better your interest rate and loan options will be. If your score is lower than 580, you may still qualify, though you might need a larger down payment or pay a slightly higher rate.
What is a mortgage pre-approval and why does it matter?
A pre-approval is when a lender reviews your finances and confirms how much you’re eligible to borrow. It shows sellers you’re serious and financially qualified, which can give you an edge in competitive markets.
What documents do I need to apply for a home loan?
Most lenders will ask for recent pay stubs, W-2s or tax returns (typically the last two years), bank statements, and a valid ID. If you’re self-employed, you may need to provide additional documentation to show consistent income.
What is a fixed-rate mortgage?
A fixed-rate mortgage keeps the same interest rate for the entire life of the loan. That means your principal and interest payment won’t change, making it a popular option for buyers who want predictable monthly payments.
What is an adjustable-rate mortgage (ARM)?
An adjustable-rate mortgage starts with a lower fixed rate for an initial period, then adjusts periodically based on market conditions. It can be a good option if you don’t plan to stay in the home long-term.
What source and can I use and how much do I need for my down payment?
Down payment funds can come from savings, gifts from family, retirement accounts, or approved assistance programs. Each source may require documentation to verify where the funds came from.
What are closing costs and how much are they?
Closing costs are the fees required to finalize your loan, including lender fees, appraisal, title insurance, and prepaid taxes or insurance. These typically range from 2% to 5% of the home’s purchase price.
What is the difference between my interest rate and APR?
Your interest rate determines your monthly payment, while APR (Annual Percentage Rate) reflects the total cost of the loan, including fees. APR gives you a more complete picture when comparing loan options.
What is private mortgage insurance (PMI)?
PMI is typically required on conventional loans when your down payment is less than 20%. It protects the lender — not the borrower — and is added to your monthly payment until you reach enough equity.
What will my monthly payment include?
Your monthly payment usually includes principal, interest, property taxes, and homeowners’ insurance. If applicable, it may also include mortgage insurance. This full payment is often referred to as PITI.
What is an appraisal?
An appraisal is a professional evaluation of a home’s value. Lenders use it to confirm the property is worth the amount being financed, helping ensure the loan is a sound investment.
Can I get a mortgage if I’m self-employed?
Yes, but you’ll typically need to provide additional documentation, such as tax returns and proof of consistent income over time. Lenders want to see stability and reliability in your earnings.

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Don’t Wait, Your Dream Home Is Out There!

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