Category Archives: Common Questions from Kentucky First-time Homebuyers

2017 Kentucky First Time Home Buyer Grant for $10,000 from Kentucky Housing


2017  Kentucky Home Buyer programs that Kentucky Home buyers use to purchase their first home.       — Joel Lobb Senior  Loan Officer (NMLS#57916) phone: (502) 905-3708  Fax:     (502) 327-9119 kentuckyloan@gmail.com   http://www.mylouisvillekentuckymortgage.com/ The view and opinions stated on this website belong solely to the authors, and are intended for informational purposes only.  The […]
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Five strategies for first time home buyers Kentucky 2017


Financial expert Mark Lamkin explains the best way get your finances in order and start your search. Source: Five strategies for first time home buyers      

Kentucky First Time Home Buyer Questions to Ask Your Lender?


Kentucky First Time Home Buyer Questions to Ask Your Lender? ∘ What kind of credit score do I need to qualify for different first time home buyer loans in Kentucky? Answer. Most lenders will wants a middle credit score of 640 for KY First Time Home Buyers looking to go no money down. The two most […]
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Kentucky FHA Loans Compared to Kentucky Conventional Loans


  Which Loan is better for you? Kentucky FHA Loans are good for borrowers who have the following: • Credit scores less than 680. • Less than 5% down payment and no reserves to use. • Borrowers with past foreclosures between 3 and 7 years old. • Borrowers with past short sales between 2 and […]
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2017 Kentucky First Time Home Buyer Loan Programs


Kentucky First Time Home Buyer Programs for 2017   There are basically 5 popular programs that Kentucky Home buyers use to purchase their first home.   Conventional Loan • At least 3%-5% down • Closing costs will vary on which rate you choose and the lender. Typically the higher the rate, the lesser closing costs […]
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Kentucky Housing Offering 2% fixed 30 year fixed rate home loans for Kentucky First Time Home Buyers with household incomes less than $35,000


  KHC is offering a very low fixed rate on a first-come, first-serve basis for Kentucky Home Buyers.  It can be used for FHA, VA, USDA  and still go no money down with this low rate. The $6000 and $4500 Down Payment Assistance Funds can be used in conjunction with this 30 year fixed rate […]
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$10,000 Down payment Assistance Grant for Kentucky First Time Home buyers 2017


Attention Kentucky Home Buyers for 2017,  KHC just released another $10,000 Down  Payment Assistance Grant for 2017 Kentucky Home buyers that’s available on a first come first serve basis!!! HHF DAP 2017 See details below Hardest Hit Fund (HHF) DAP–Available 1/11/2017 with New Loan Reservations Zero percent interest rate for first-time home buyers. A non-repayable […]
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Kentucky Fannie Mae Mortgage Guideline Changes for 2015


Fannie Mae Kentucky Conforming Guideline Changes The following guideline changes are effective immediately for all Kentucky Fannie MaeF Conventional loans; however DU will not be updated to reflect these changes until August 15th 2015 Conversion of Currently Primary Residence Requirements for conversion of a borrower’s current primary residence to secondary or investment have been removed. […]
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Louisville Kentucky First Time Home Buyer Programs and Resources


Louisville Kentucky First Time Home Buyer Programs and Resources. via Louisville Kentucky First Time Home Buyer Programs and Resources. —   Joel Lobb Senior  Loan Officer (NMLS#57916)   American Mortgage Solutions, Inc. 800 Stone Creek Pkwy, Ste 7, Louisville, KY 40223 phone: (502) 905-3708  Fax:     (502) 327-9119 kentuckyloan@gmail.com    Company ID #1364 | MB73346 http://mylouisvillekentuckymortgage.com/  

Kentucky USDA Loans | Rural Housing Loans Kentucky


Kentucky USDA Loans | Rural Housing Loans Kentucky. via Kentucky USDA Loans | Rural Housing Loans Kentucky.