Category Archives: Credit Score First Time Home Buyer Louisville Kentucky KHC

6 options for buying a home with little or no money down


    You’ve got great credit, a stable job, low debt, and money in the bank — but just not enough to make a down payment. Fortunately, there are many programs out there designed to give you that dream home with little to no money down. Source: 6 options for buying a home with little […]
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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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$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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Louisville Mortgage Underwriting Guidelines


Louisville Mortgage Underwriting Guidelines. via Louisville Mortgage Underwriting Guidelines.   Understanding Louisville Mortgage mortgage underwriting guidelines will help you understand your loan options when purchasing or refinacing a home. Now that you have found your dream house, you are going to need to apply for a Louisville Mortgage mortgage loan. Your realtor will either recommend a banking institution […]
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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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Kentucky FHA Mortgage Pre-Approval Checklist


Kentucky FHA Mortgage Pre-Approval Checklist. via Kentucky FHA Mortgage Pre-Approval Checklist.   We basically look at the below items to get you pre-approved to buy a home. Credit: Most lenders want a 640, but there are some lenders now doing FHA loans down to a 620 score with no bankruptcies or foreclosures in the last 3 […]
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Income Requirements for A Kentucky Rural Housing Loan Approval.


Income Requirements for A Kentucky Rural Housing Loan Approval.. via Income Requirements for A Kentucky Rural Housing Loan Approval..