Kentucky USDA RHS Rural Housing Mortgage Loans LikedFollowingReblog
Kentucky Rural Housing RHS Loans
RHS
Guaranteed by Rural Housing Services (RHS).
Home must be located in a rural area as defined by RHS.
No down payment if the property appraises for the sale price or greater.
Minimum credit score of 640.

Kentucky USDA Rural Housing Mortgage Loans

Kentucky Rural Housing  RHS Loans 

RHS

  • Guaranteed by Rural Housing Services (RHS).
  • Home must be located in a rural area as defined by RHS.
  • No down payment if the property appraises for the sale price or greater.
  • Minimum credit score of 640.

Guidelines

  • Must be a first time home buyer, unless property is located in a targeted county.
  • Interest rate fixed at 2.875 percent.
  • Gross Annual Household Income guidelines:
    • $35,000 for all household sizes.
  • All household occupants (18 years and older) with income must be included on loan and be credit ready.
  • Must use all but two months’ reserves of borrower’s own funds.
  • Existing or new construction property with a purchase price limit of $115,000
  • Zero Point Rate
  • Only FHA, VA and RHS – 640 credit score and AUS Approval
  • 60-Day Lock
  • Neighborhood, Regular, and HOME DAP loan programs available.

Applying for a Kentucky Housing loan is easy. Just contact one…

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  1. Pingback: Bullitt County KY USDA and Rural Housing Mortgages « Kentucky USDA RHS Rural Housing Mortgage Loans

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