How to get approved for a mortgage in Kentucky as a first-time homebuyer

How to get approved for a mortgage in Kentucky as a first-time homebuyer using FHA, VA, USDA, and Kentucky Housing Corporation (KHC) down payment assistance programs with Joel Lobb’s expertise, here are the steps you can follow:

Credit Check and Improvement if Necessary:
- Check your credit score and credit report.
- Improve your credit score if needed by paying off debts and resolving any issues on your credit report.
Financial Assessment:
- Assess your financial situation, including income, savings, and debts.
- Determine how much you can afford for a down payment and monthly mortgage payments.
Explore Loan Options:
- Research FHA, VA, USDA, and KHC loan programs to understand their requirements, benefits, and eligibility criteria.
- Discuss with Joel Lobb to get insights into each program’s pros and cons based on your financial situation.
Pre-Approval Process:
- Apply for pre-approval with Joel Lobb’s assistance.
- Submit necessary documents such as income statements, tax returns, bank statements, and employment history.
Down Payment Assistance Programs:
- Explore down payment assistance programs offered by KHC or other organizations.
- Understand the eligibility criteria and application process for these programs.
Property Search and Selection:
- Start searching for homes within your budget and preferred location.
- Consider factors such as neighborhood amenities, school districts, and property value trends.
Make an Offer and Negotiate:
- Work with Joel Lobb to make a competitive offer on a property you like.
- Negotiate terms such as price, closing costs, and seller concessions.
Loan Application and Processing:
- Once your offer is accepted, complete the loan application process with Joel Lobb.
- Provide any additional documentation required by the lender.
Home Inspection and Appraisal:
- Schedule a home inspection to identify any potential issues with the property.
- Arrange for an appraisal to determine the home’s value.
Closing Preparation:
- Review the closing disclosure and loan terms.
- Prepare funds for closing costs, down payment, and other expenses.
Closing Day:
- Attend the closing meeting with Joel Lobb and sign all necessary documents.
- Complete the transfer of ownership and receive the keys to your new home.

Throughout this process, Joel Lobb can provide valuable advice, assistance, and support to help you navigate the complexities of obtaining a mortgage and buying your first home in Kentucky

Hope your day is full of sunshine

Joel Lobb Mortgage Loan Officer

American Mortgage Solutions, Inc.
10602 Timberwood Circle
Louisville, KY 40223
Company NMLS ID #1364

Text/call: 502-905-3708
fax: 502-327-9119
email: kentuckyloan@gmail.com

http://www.mylouisvillekentuckymortgage.com/

NMLS 57916 | Company NMLS #1364/MB73346135166/MBR1574

The view and opinions stated on this website belong solely to the authors, and are intended for informational purposes only. The posted information does not guarantee approval, nor does it comprise full underwriting guidelines. This does not represent being part of a government agency. The views expressed on this post are mine and do not necessarily reflect the view of my employer. Not all products or services mentioned on this site may fit all people.
NMLS ID# 57916, (www.nmlsconsumeraccess.org).

Qualifying Loan Programs for First-Time Homebuyers in Louisville, Kentucky

Are you a first-time homebuyer in Louisville, Kentucky, looking to navigate the complexities of mortgage loans?

Understanding the various loan programs available and their qualifying criteria is crucial.

Let’s explore the key aspects of FHA, VA, and USDA loans, along with their requirements and average rates, tailored to Louisville’s housing market.

FHA Loans for Louisville Homebuyers

Down Payment: FHA loans offer a low down payment option of 3.5%, making homeownership more accessible.

Credit Score: While FHA loans are more lenient with credit scores, a score of 580 or higher is typically required for the 3.5% down payment. Lower credit scores down to 500 may be accepted with a 10% down payment.

Work History and Employment: Lenders typically look for 2 year stable employment and income history to ensure borrowers can repay the loan.

Income Ratio: Your debt-to-income ratio (DTI) should generally be 40% on the front end ratio and 50% on the backed ratio- lower, although some flexibility may exist based on compensating factors.

Bankruptcy and Foreclosure: Previous bankruptcies and foreclosures may not immediately disqualify you but may impact the waiting period before you can apply for an FHA loan. 2 years on Chapter 7, 1 year on Chapter 13, and 3 years on foreclosure.

Time to Close: FHA loans often have a quicker closing process compared to other loan types, typically within 30 to 45 days.

Home Inspections and Appraisal Reports: FHA loans require a home inspection to ensure the property meets safety and livability standards. An appraisal is also necessary to determine the home’s value.

Fixed Rates for 30 Years: FHA loans offer fixed-rate options for 30 years, providing stability in monthly payments.

Mortgage Insurance: FHA loans require both upfront mortgage insurance (UFMIP) and annual mortgage insurance premiums (MIP) no matter how much you put down and is for life of loan. Cheaper mortgage insurance on shorter term loans and larger down payments.

VA Loans for Louisville Homebuyers

Down Payment: VA loans offer a zero-down payment option, making them highly attractive to eligible veterans, active-duty service members, and select spouses.

Credit Score: While VA loans don’t have a credit score requirement, most lenders prefer a score of at least 580 to 620 or higher for smoother approval processes.

Work History and Employment: 2 year Stable employment and income are essential, although VA loans may be more flexible with employment history, especially for veterans.

Income Ratio: The VA typically looks for a DTI of 41% or lower, but exceptions can be made based on compensating factors.

Bankruptcy and Foreclosure: Similar to FHA loans, previous bankruptcies and foreclosures may impact eligibility but may not be automatic disqualifiers. 2 years removed from Chapter 7 and 2 years removed from foreclosure. Chapter 13 one year in plan okay .

Time to Close: VA loans often have competitive closing times, usually within 30 to 60 days.

Home Inspections and Appraisal Reports: VA loans require a VA appraisal to ensure the property meets VA’s minimum property requirements (MPRs) and a pest inspection for termite-related issues. TERMITE REPORT REQUIRED ON ALL VA LOANS.

Fixed Rates for 30 Years: VA loans offer fixed-rate options for 30 years, providing long-term payment predictability.

Mortgage Insurance: VA loans don’t require private mortgage insurance (PMI) but have a VA funding fee, which can be financed into the loan amount.

USDA Loans for Louisville Homebuyers

Down Payment: USDA loans offer a zero-down payment option for eligible rural and suburban homebuyers.

Credit Score: While USDA loans prefer a credit score of 640 or higher, lower scores may be considered with additional documentation.

Work History and Employment: 2 year Stable employment and income are essential for USDA loan approval.

Income Ratio: USDA loans typically require a DTI of 31% to 45% or lower, although exceptions may apply based on compensating factors.

Bankruptcy and Foreclosure: Previous bankruptcies and foreclosures may impact eligibility, and waiting periods may apply. 3 years removed from Chapter 7 and foreclosures, and one year in Chapter 13 okay.

Time to Close: USDA loans may have slightly longer closing times due to rural property eligibility checks and loan processing, often within 45 to 60 days.

Home Inspections and Appraisal Reports: USDA loans require a home inspection and an appraisal to ensure the property meets USDA’s standards. Must meet FHA appraisal requirements.

Fixed Rates for 30 Years: USDA loans offer fixed-rate options for 30 years, providing stability in monthly payments.

Mortgage Insurance: USDA loans require both upfront guarantee fees and annual fees for mortgage insurance, although the rates are typically lower than FHA’s MIP. Mortgage insurance is 1% upfront premium, and .35% a month for life of loan.

Average Rates and Mortgage Insurance Requirements

In Louisville, Kentucky, the average rates for FHA, VA, and USDA loans can vary based on market conditions, lender policies, and borrower qualifications. As of [current date], FHA loan rates in Louisville may range from [range], VA loan rates from [range], and USDA loan rates from [range], all for 30-year fixed-rate loans.

Mortgage insurance requirements differ for each loan type:

FHA loans require both upfront mortgage insurance premiums (UFMIP) and annual mortgage insurance premiums (MIP).
VA loans don’t require mortgage insurance but have a funding fee.
USDA loans require upfront guarantee fees and annual fees for mortgage insurance, often lower than FHA’s MIP.

Conclusion

For first-time homebuyers in Louisville, Kentucky, understanding the qualifying criteria and nuances of FHA, VA, and USDA loans is vital. Each loan type offers unique benefits and considerations, from down payment options to credit score requirements and mortgage insurance. Working with a knowledgeable mortgage broker like Joel Lobb can help streamline the loan process and find the best financing option for your home purchase journey.

Hope your day is full of sunshine

Joel Lobb Mortgage Loan Officer

American Mortgage Solutions, Inc.
10602 Timberwood Circle
Louisville, KY 40223
Company NMLS ID #1364

Text/call: 502-905-3708
fax: 502-327-9119
email: kentuckyloan@gmail.com

http://www.mylouisvillekentuckymortgage.com/

NMLS 57916 | Company NMLS #1364/MB73346135166/MBR1574

First-Time Homebuyers Kentucky Mortgage Offerings to consider

Here’s a comparison chart outlining different loan programs for first-time homebuyers in Kentucky in 2024:

Kentucky Mortgage Loan Program	Kentucky FHA Loan	Kentucky VA Loan	Kentucky USDA Loan	Kentucky Conventional Loan
Down Payment	3.5% of the purchase price	Typically no down payment	0% down payment	3% – 20% down payment
Credit Score Requirement	500-579: 10% down payment 580+: 3.5% down payment	No minimum credit score but typically 580 and above for lower credit score requirements	No minimum credit score but 640 or higher and some lenders will go down to 580 with compensating factors such as lower debt to income ratio and reserves	620 or higher
Mortgage Insurance	Upfront Mortgage Insurance Premium (UFMIP) and Annual Mortgage Insurance Premium (MIP)FHA loan requires both an upfront premium of 1.75% of the loan amount and an annual premium of 0.15% to 0.75%.4 Payment of upfront premiums is at the loan issuance.	Funding Fee varies from VA funding fees for home buying range from 1.4% to 3.6% of the loan amount, while fees for a VA refinance range from 0.5% (for an IRRRL refinance) to 3.6 percent (for a repeat VA borrower using a cash-out refinance)	Guarantee Fee 1% upfront and .35 monthly fee for life of loan	Private Mortgage Insurance (PMI) may be required-Based on credit score and down payment and debt to income ratio-Not for life of loan
Property Eligibility	Must be primary residence	Must be primary residence	Must be in eligible rural areas and primary residence	No specific property restrictions, primary residence, second home, rentals all okay
Income Limits	No specific income limits, but debt-to-income ratio restrictions apply	No specific income limits for VA loans, but VA has residual income requirements	Income must not exceed 115% of the area median income-They’re are income limits-be careful on this option	Typically no income limits
Interest Rates	Competitive interest rates	Typically lower interest rates	Competitive interest rates	Competitive interest rates
Loan Limits	Yes and varies by location	VA county loan limits apply	No loan limits	Conforming loan limits apply

First-Time Homebuyers Kentucky Mortgage Offerings to consider

Joel Lobb Mortgage Loan Officer

American Mortgage Solutions, Inc.
10602 Timberwood Circle
Louisville, KY 40223
Company NMLS ID #1364

Text/call: 502-905-3708
fax: 502-327-9119
email: kentuckyloan@gmail.com

http://www.mylouisvillekentuckymortgage.com/

NMLS 57916 | Company NMLS #1364/MB73346135166/MBR1574

First-time home buyers in Kentucky. Joel Lobb

first-time home buyers in Kentucky. Joel Lobb

For first-time home buyers in Kentucky. Joel Lobb, a seasoned mortgage broker, has carved out a niche in assisting these individuals with a variety of loan options tailored to their unique needs. Here’s an overview of how Lobb is helping Kentuckians achieve their dream of owning a home.

### Joel Lobb: Facilitating Homeownership in the Bluegrass State

**A Diverse Range of Mortgage Options**

Joel Lobb specializes in a wide array of mortgage loans, including:
– **FHA Loans**: These loans are a great fit for buyers with lower credit scores or those who can afford only a minimal down payment.
– **VA Loans**: Tailored for veterans and active military members, offering favorable terms with little to no down payment.
– **USDA Loans**: Designed for rural home buyers, providing 100% financing options.
– **KHC Loans**: In collaboration with the Kentucky Housing Corporation, these loans come with down payment assistance, making them ideal for first-time buyers.

**Expert Guidance Through the Mortgage Process**

Lobb’s approach to mortgage lending is characterized by a personalized touch. He understands that purchasing a home is a significant milestone and offers his expertise to guide buyers through every step of the process. His services include:
– **Credit Counseling**: Assisting buyers in understanding and improving their credit scores to qualify for better loan terms.
– **Loan Comparison**: Helping clients compare different mortgage products to find the best match for their financial situation.
– **Pre-Approval Assistance**: Working with buyers to get pre-approved, which can make the home-buying process smoother and faster.

**Advantages Over Traditional Banking Institutions**

Unlike larger banks that may have a limited selection of mortgage products, Joel Lobb has the flexibility to broker loans through various mortgage companies. This allows him to offer:
– **Competitive Rates**: By shopping around, Lobb can find the most favorable interest rates and terms for his clients.
– **Customized Solutions**: He can address unique financial circumstances that may not fit into a traditional bank’s criteria.

**Commitment to First-Time Home Buyers**

Lobb’s dedication to first-time home buyers is evident in his commitment to making the process as accessible and understandable as possible. He provides:
– **Educational Resources**: Offering insights into the mortgage process, from understanding loan types to preparing for closing costs.
– **Community Involvement**: By assisting new homeowners, Lobb contributes to the economic growth and stability of communities across Kentucky.

**Conclusion**

For first-time home buyers in Kentucky, Joel Lobb offers a path to homeownership that is informed, personalized, and supportive. His expertise in various loan options and his dedication to client education make him a valuable resource for anyone looking to navigate the complexities of the mortgage landscape²³⁴.

—

This article is for informational purposes only and does not constitute financial advice. For personalized guidance, it’s recommended to consult directly with a mortgage professional like Joel Lobb.

Source: Conversation with Bing, 3/9/2024
(1) Joel Lobb, Mortgage Broker FHA, VA, KHC, USDA. https://www.mylouisvillekentuckymortgage.com/2010/10/get-approved-for-mortgage-or-home-loan.html.
(2) Louisville Kentucky Mortgage Lender for FHA, VA, KHC, USDA and Rural …. https://www.mylouisvillekentuckymortgage.com/.
(3) First-time Home-buyers in Kentucky – Louisville Kentucky Mortgage …. https://www.mylouisvillekentuckymortgage.com/p/common-questions-from-first-time.html.
(4) . https://bing.com/search?q=Joel+Lobb+mortgage+broker+Kentucky+first+time+home+buyers.
(5) Joel Lobb – Louisville, Kentucky, Key Financial Mortgage, University of …. https://about.me/joel.lobb.
(6) Joel Lobb, Mortgage Broker FHA, VA, KHC, USDA. https://business.google.com/v/joel-lobb-mortgage-broker-fha-va-khc-usda/04361775572510182499/a2

Here are action steps you can take right now to buy a home in Kentucky in 2024

If you’re planning to buy a home in Kentucky in 2024, here are some essential steps to consider:

1. Focus on improving your credit score to qualify for a mortgage with a low interest rate.
2. Manage your debt-to-income ratio by repaying existing debt, increasing your income, or both.
3. Ensure timely payments on all accounts to maintain a good credit score.
4. Get pre-approved for a mortgage before searching for a home to know your affordability.
5. Keep credit card utilization below 30% and seek down payment assistance programs if needed.

Here are action steps you can take right now to buy a home in Kentucky in 2024

1. Focus on your credit score

FICO credit scores are among the most frequently used credit scores, and range from 350-800 (the higher, the better). A consumer with a credit score of 750 or higher is considered to have excellent credit, while a consumer with a credit score below 620 is considered to have poor credit.

To qualify for a mortgage and get a low mortgage rate, your credit score matters.

Each credit bureau collects information on your credit history and develops a credit score that lenders use to assess your riskiness as a borrower. If you find an error, you should report it to the credit bureau immediately so that it can be corrected.

2. Manage your debt-to-income ratio

Many lenders evaluate your debt-to-income ratio when making credit decisions, which could impact the interest rate you receive.

A debt-to-income ratio is your monthly debt payments as a percentage of your monthly income. Lenders focus on this ratio to determine whether you have enough excess cash to cover your living expenses plus your debt obligations.

Since a debt-to-income ratio has two components (debt and income), the best way to lower your debt-to-income ratio is to:

repay existing debt;
earn more income; or
do both

3. Pay attention to your payments

Simply put, lenders want to lend to financially responsible borrowers.

Your payment history is one of the largest components of your credit score. To ensure on-time payments, set up autopay for all your accounts so the funds are directly debited each month.

FICO scores are weighted more heavily by recent payments so your future matters more than your past.

In particular, make sure to:

Pay off the balance if you have a delinquent payment
Don’t skip any payments
Make all payments on time

4. Get pre-approved for a mortgage before you start shopping for a home loan.

Too many people find their home and then get a mortgage.

Switch it.

Get pre-approved with a lender first. Then, you’ll know how much home you can afford.

To get pre-approved, lenders will look at your income, assets, credit profile and employment, among other documents.

5. Keep credit utilization low on your credit cards

Lenders also evaluate your credit card utilization, or your monthly credit card spending as a percentage of your credit limit.

Ideally, your credit utilization should be less than 30%. If you can keep it less than 10%, even better.

For example, if you have a $10,000 credit limit on your credit card and spent $3,000 this month, your credit utilization is 30%.

Here are some ways to manage your credit card utilization:

set up automatic balance alerts to monitor credit utilization
ask your lender to raise your credit limit (this may involve a hard credit pull so check with your lender first)
pay off your balance multiple times a month to reduce your credit utilization

6. Look for down payment assistance in Kentucky

There are various types of down payment assistance, even if you have student loans.

Here are a few:

FHA loans – federal loan through the Federal Housing Authority
USDA loans – zero down mortgages for rural and suburban homeowners
VA loans – if military service
Kentucky Housing Down Payment Assistance of $10,000

There are federal, state and local assistance programs as well so be on the look out.

If you want a personalized answer for your unique situation call, text, or email me or visit my website below:

Joel Lobb
Mortgage Loan Officer
Individual NMLS ID #57916

American Mortgage Solutions, Inc.
10602 Timberwood Circle
Louisville, KY 40223
Company NMLS ID #1364

Text/call: 502-905-3708

email: kentuckyloan@gmail.com

https://kentuckyloan.blogspot.com

We just moved here the first of January in 2017 from Ohio to the Louisville, KY area and we found Joel’s website online. He was quick to respond to us and got back the same day on our loan approval. He was very knowledgeable about the local market and kept us up-to date throughout the loan process and was a pleasure to meet at closing. Would recommend his services.

Angela Forsythe

“We were searching online for mortgage companies in Louisville, Ky locally to deal with and found Joel’s website, and it was a godsend. He was great to work with, and delivered on everything he said he would do. I ended up referring my co-worker at UPS, and she was very pleased with his service and rates too. Would definitely vouch for him.” September 2016

Monica Leinhardt

“We contacted Joel back in July 2011 to refinance our Mortgage and he was great to work with. We contacted several lenders locally and online, and most where taking almost 60 days to close a refinance, Joel got it done in 23 days start to finish,I would definitely recommend him. He got us 3.75% with just $900 in closing costs on our FHA Streamline loan.

Kayle Griffin

“Joel is one of the best Mortgage Brokers I have ever worked with in my sixteen years in the real estate and mortgage business.” May 25, 2010

Tim Beck

“Joel has always worked very hard to keep his word and to work out seasonable solutions to difficult problems. He is truly an expert in FHA and other type loans.” September 1, 2010

Nancy Nalley

“I have worked with Joel since 1998. He is a great loan professional.” I refer most of my Louisville, Kentucky area home buyers to him and he always take special care of them. August 23, 2012

Jon ClarK

“Joel Lobb is a real professional in the lending industry, with many years of experience, he is the one to go to for any mortgage lending needs.” August 22, 2011

RICHARD VOLZ , Residential Sales , Remax Foursquare Realty

“When looking to purchase our new home in 2006, I had the pleasure of meeting Joel Lobb. Not only was he personable and easy to reach, he was extremely knowledgable in his field and made sure to find us the best rate and a top notch mortgage company. We were able to complete the process in less than 3 weeks with his expertise. I find Joel to have the utmost high integrity and I recommend him to anyone who say’s they are need of mortgage assistance. He is also fantastic and keeping everyone up to date on the latest in the housing industry through his twitter posts. He provided great results for our family and we still communicate to this day!” August 21, 2010

Stacie Drake

“We first use Joel on our new home purchase in 2007 in St Matthews, Kentucky area and he was great to work with. We have since refinanced our home with him in 2010 when rates got really low and he has always delivered on what he says. I could not imagine using anyone else.”

Melody Glasscock March 2014

Absolutely Amazing!! I emailed Joel after I had just got a denial from a bank and just thought i would try to get some advice on what my next steps would be to get a house. I honestly didn’t expect to even get a reply because my credit is not great. That was about a week and a half ago. I just signed a contract on a house last night. ONLY because of Joel Lobb. He even worked with us throughout the weekend, which shocked me. Best decision I have ever made. THANK YOU SO MUCH FOR WORKING WITH US THROUGHOUT THE ENTIRE PROCESS.

Cee Bellisle August 2018

😃

Contacted him about buying a home and he was great to work with. I was moving to Louisville Ky to take a new job and he walked me through the entire process. He explained to me all the different options for FHA, VA, USDA mortgage loans and credit score requirements versus Fannie Mae. Since I was a first time home buyer I needed alot of help and guidance. I would definitely recommend him. Fast to respond and available to answer questions that I or my realtor had after hours.

Anderson Johnson April, 2018

We moved from Michigan to Northern Kentucky area and we were really impressed. We got a USDA loan no money down and closed in less than 3.5 weeks. We shopped around online with other lenders but Joel was always first to respond and his rates were just a little better than other lenders. He kept us informed through the process along with our realtor and there was absolutely no surprises like we heard from other co-workers and friends that they experienced in their loan process. We have already referred another co-worker to Joel . He’s AWESOME!

Patty Kingston July 2018

Wow, what a great loan officer. I was referred to him by our agent and he was great to work with. We used him for a USDA no money down loan in Shelby County and we were really impressed. We were afraid we could not buy a home since we did not have money saved for a down payment, but Joe l was able to get us a zero down loan and we even got our appraisal fee and good faith deposit back at closing. We actually got money back at closing!!! I Can’t think him enough. Our family moved from our apartment in the south end of town to get our own home with 5 acres for our kids and 2 dogs, at a payment that is equal to our rent payment also. .Thanks Again Joel. May god bless you

Patty Locker

We contacted Joel about buying a house on our move from Ohio for my husband’s job transfer with Ford. We put a lot of trust in him since we were new to the area and first time home buyers in the Louisville KY market, and he always delivered on what he said. It took us a while to find a home due to the lack of homes, but once we got one, he was always quick to respond our questions via text or email ,and kept us informed through the process. We got to meet him at the closing and he was super nice and even got us a closing gift for our home which we didn’t expect at all. Super nice guy 😀!!! I would definitely recommend him for a local Home loan in the Louisville area.

pam dolby

I got a VA loan with Joel and he was great. He is an ex-army guy so he could relate to my past experiences of being a veteran and moving around the country a lot. I had some credit issues that required a little extra work but Joel was able to find A VA lender to approve my situation as far as having past bad credit problems and a lower credit score. We closed yesterday on our home here in Louisville and we could not be happier. We finally have a home of our own thanks to Joel . I would definitely recommend him for a mortgage loan. Great experience and closed 8 days before expected close date so we were able to move in early.

😍😍😍👍

I contacted Joel about the $10,000 KY Housing Grant last month and we were able to get it and I just closed on my home. He was great to work with and if you are a first time home buyer here in Louisville, I would definitely contact him. I met him at his office and he was very nice and knowledgeable and kept me informed through the process. No surprises either so I was very happy. I am new homeowner thanks to Joel .

Betty parsons

As a life-long Kentucky resident, I have helped over 579 Kentucky families buy or refinance their home over the last 17 years. You can trust me for your next mortgage loan. I deliver on what I say and I will give you honest, up-front personal attention you deserve for your home loan. I have several advantages over the big- mega banks in town. First, I can shop your loan thru different mortgage companies across the country to get you the best deal out there, whereas most banks will offer offer you there one and only deal. I have access to over 15 different mortgage companies to broker your loan thru. My rates and fees are just as good or better than local banks and you will not get lost in the shuffle like most borrowers do at the mega banks; your just not a number at our company, you are a person and we will treat you like one throughout the entire process. Free pre-approvals within 2 hours and get your loan closed within 15 days. Give us a try or let us compare what you have now. Call me or text me locally anywhere in KY at 502-905-3708; this is my personal cell phone and I carry it on me at all times. Free credit reports and approvals.

Website Fine Print
The content provided on this website is presented or compiled by Joel Lobb and is provided for informational purposes only. It does not necessarily represent the views or opinions of his employer.

Joel Lobb or his employer assumes any legal liability or responsibility for the accuracy, completeness, or usefulness of any information disclosed, or represents that its use would not infringe privately owned rights.

The mortgage or financial services or strategies mentioned in this website may not be not suitable for you.

Joel Lobb is a Licensed Mortgage Originator: NMLS #57916.
Legal Disclaimer

This web site is not the FHA, VA, USDA, HUD or any other government organization responsible for managing, insuring, regulating or issuing residential mortgage loans.

**Download Fair Housing Booklet – CLICK HERE

All approvals and rates are not guaranteed, and are only issued based on standard mortgage qualifying guidelines.

This blog is a sponsored blog created or supported by a company, organization or group of organizations. For questions about this blog, please contact Joel Lobb 502-905-3708 or email kentuckyloan@gmail.com NMLS# 57916.

This blog does not accept any form of advertising, sponsorship, or paid insertions. We write for our own purposes. However, we may be influenced by our background, occupation, religion, political affiliation or experience.

This blog abides by word of mouth marketing standards. We believe in honesty of relationship, opinion and identity. The compensation received may influence the advertising content, topics or posts made in this blog. That content, advertising space or post will be clearly identified as paid or sponsored content.

The owner(s) of this blog is not compensated to provide opinion on products, services, websites and various other topics. The views and opinions expressed on this blog are purely the blog owners. If we claim or appear to be experts on a certain topic or product or service area, we will only endorse products or services that we believe, based on our expertise, are worthy of such endorsement. Any product claim, statistic, quote or other representation about a product or service should be verified with the manufacturer or provider.

This blog does contain content which might present a conflict of interest. This content will always be identified.

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The mortgage or financial services or strategies mentioned in this website may not be not suitable for you.

Joel Lobb is a Licensed Mortgage Originator: NMLS #57916.
Legal Disclaimer

This web site is not the FHA, VA, USDA, HUD or any other government organization responsible for managing, insuring, regulating or issuing residential mortgage loans.

**Download Fair Housing Booklet – CLICK HERE

All approvals and rates are not guaranteed, and are only issued based on standard mortgage qualifying guidelines.

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Information We Gather.

Registration.
If You register to use or provide services using American Mortgage Solutions., we may collect and store information that specifically identifies You or your account (“Personally Identifiable Information”). The required information may include your User ID, password, first name, last name, business name, address, city, state, zip/postal code, phone, fax, email and web site address. We may, in the future, include other optional requests for information from You, to help us to tailor the Site for You and deliver personalized information to You.

Online Surveys and Contests.
American Mortgage Solutions. may conduct online user surveys to collect information about our Users preferences. These surveys are optional and if You choose to respond, your responses will be kept anonymous. Similarly, we offer contests to qualifying Users in which we ask for contact and demographic information such as name, email address and mailing address.

Automatically Gathered Information.
American Mortgage Solutions. automatically collects your browser type and browser software version to tailor the presentation of the services to your platform and to maintain a record of your activity on the Site. American Mortgage Solutions. may also use cookies to enable users to specify unique preferences and to track user trends and patterns. Users always have the option of disabling cookies via their browser preferences. If You disable cookies on your browser, please note that some parts of our Site may not function as effectively or may be considerably slower. As an automatic process, our web server software records a log file of IP addresses that access the Site. We also collect IP address information but do not ordinarily link IP addresses to Users Personally Identifiable Information. However, We can and will use IP addresses to identify a User when We, in our sole discretion, determine that it is necessary to enforce compliance with our Terms and Conditions of Use or to protect our service, Site, customers or others.

Your Public Profile.
As part of registration, You may be required to provide contact information such as name, address, city, state, zip, phone, fax and email address, some of which can be displayed to other users of our service in an effort to simplify communication between members.

How We Use Information.

Registration Information.
We use Personally Identifiable Information for our own internal purposes including contacting You via email to inform You about updates to our services and providing You with other information that we deem necessary. We reserve the right to disclose your information as required by law. We do not rent or sell our Users Personally Identifiable Information to third parties.

Advertising.
At this time we do not display banner advertising on our site, but we may send You email communications including information that we think may be of interest to You. You may opt out of receiving these promotional email communications, either when You register to become a Member, or at any time thereafter by contacting us.

Demographic Information, Surveys and Contests.
The demographic information that American Mortgage Solutions. collects in the registration process and through online surveys may be used to help us improve our services to meet the needs and preferences of our Users. This may include targeting advertising to You about our services. Information we gather through a contest may also be disclosed to third parties as necessary for prize fulfillment and other aspects of any contest or similar offering.

Comments Submitted by Users.
American Mortgage Solutions. constantly seeks to improve the quality of the services We provide and the User experience on the Site. We value your input and encourage You to help us expand and make improvements to the Site by providing Us with any thoughts or comments You might have regarding our services or the operation of the Site. You can submit any comments by contacting us. If You provide this information, we will only use it to acknowledge or respond to your comments. In certain circumstances, we may ask for your permission to post your comments in marketing or promotional materials.

Security.
We will use commercially reasonable methods to keep Personally Identifiable Information securely in our files and systems. Please note that with current technology, we cannot guarantee the security of your data as it travels over the Internet.

How We Respond To Browser Do Not Track Requests
American Mortgage Solutions. and other parties not affiliated with us may collect Personally Identifiable Information about your online activities over time and across different websites when you use our website or the services offered on our website. Industry standards regarding how to handle “Do Not Track” requests from web browsers are still evolving and there is currently no set of industry standards for handling such requests. As such we may not separately respond to or take any action with respect to a “do not track” configuration set in your internet browser. At this time, we do not have any protocol in place that allows you to opt-out of internet tracking. If you have any questions regarding our internet tracking methods please contact us.
Terminating Your Membership.
We save your Personally Identifiable Information until your membership with us is terminated. To terminate your membership, contact us. If You terminate your membership, your Personally Identifiable Information cannot be recovered. You may continue to receive email communications for a short period of time until we have updated all of our databases. After termination of your membership, your Personally Identifiable Information may remain on our archived database and records for a reasonable time as residual information. We will not use this residual information. Notwithstanding the above, we will maintain information on Users who have been removed for violating our Membership Agreement.

Correcting/Updating Your Information.
To correct and/or update your information, please contact us.

Contacting Us.
If You have any questions about this Privacy Agreement or the practices of this Site, you may contact us at:
American Mortgage Solutions.
Customer Service
10602 Timberwood Circle, Suite 3
Louisville, Kentucky 40223
502-905-3708

Hope your day is full of sunshine

Joel Lobb Mortgage Loan Officer

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Hope your day is full of sunshine

Joel Lobb Mortgage Loan Officer

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Joel Lobb Mortgage Loan Officer

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