FHA Loans Kentucky Housing First time home buyer First Time Home Buyer Loans–Kentucky No money down mortgage Louisville Kentucky Kentucky housing corp 30 year fixed
KHC down payment assistance | FHA, VA or Rural Housing Kentucky
***Kentucky housing IMPORTANT GUIDELINES*** KHC Guidelines
Jefferson, Oldham and Bullitt Co. requirements for New Bond Funds:
Maximum purchase price: $258,000
Maximum household income limits: $ 61,500 (1 or 2 person households) $70,725 ( 3 or more in the household)
Maximum DTI ratios with AUS approve/eligible: 40/45
Minimum credit score: 620 for govt. loans (FHA, VA and Rural Housing)
Maximum seller paid fees: 6.0% of purchase price
Borrower must be: 1st time homebuyer OR purchase in a “targeted” county (note: Jefferson, Bullitt and
Oldham Counties are NOT “targeted counties).
U.S. citizen or resident alien
Purchasing a primary residence to owner occupy
Kentucky Housing recognizes that down payments, closing costs and prepaids are stumbling blocks for many potential home buyers. Here are several loan programs to help. Your KHC-approved lender can help you apply for the program that meets your needs.
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