Category Archives: Credit Scoresrequired for KHC

KHC = Kentucky Housing Corporation DAP = Down Payment Assistance Program for Credit Scores of 620


KHC = Kentucky Housing Corporation DAP = Down Payment Assistance Program for Credit Scores of 620

Credit Score Information For Kentucky Home buyers


Credit Scores are important for getting approved for a Mortgage in Kentucky.

 ​Buying a Kentucky Home No Money Down with a Conventional Loan from Kentucky Housing Down Payment Assistance​​


Buying a Kentucky Home No Money Down with a Conventional Loan from Kentucky Housing Down Payment Assistance​​

First Time Home Buyer Grants Kentucky

Down payment Assistance Grants for Kentucky First Time Home buyers 2019


First Time Home Buyer Assistance Kentucky Grants 2019 $6000 DAP

Lenders continue to lower FICO requirements for new homebuyers


  The average agency FICO score for banks is high at 745, compared to 713 at nonbank lending institutions.  Both show FICO requirements are on the way down, but it’s more pronounced at the nonbanks. Here’s why. Source: Lenders continue to lower FICO requirements for new homebuyers   The nation’s major banks are continuing to […]
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HOW DO I GET MY CREDIT SCORE THAT MATTERS


Source: HOW DO I GET MY CREDIT SCORE THAT MATTERS   What factors influence how long it takes to repair your credit? When a new client comes into our office to first go over their credit repair plan, they always ask the question, “How long will it take to bring my score back up?” Of […]
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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 […]
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How to boost your credit score for A Mortgage Loan Approval in Kentucky!


  Want to increase your credit score before buying a home? It might be easier than you think. Focus on these 6 steps and watch your score climb. Source: How to boost your credit score What Can Improve a Credit Score Keep Your Balances Low It’s important that you try to keep your balances at […]
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Kentucky Housing Corporation (KHC) has $3 million available in MRB, Special Funding, for active or non-active duty veterans at a 2 percent interest rate, fixed for 30 years.


Special Funding, for active or non-active duty veterans at a 2 percent interest rate, fixed for 30 years. Operation KY Home – MRB Special Funding Program Kentucky Housing Corporation (KHC) has $3 million available in MRB, Special Funding, for active or non-active duty veterans at a 2 percent interest rate, fixed for 30 years. This […]
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Debt to Income Ratios for A Kentucky Mortgage Loan


Debt to Income Ratios for A Kentucky Mortgage Loan There are two debt-to-income (DTI) ratios on every loan: housing or front-end ratio and total or back-end ratio. The housing ratio tells us what percentage of the borrower’s monthly gross income is allocated toward the monthly principal, interest, tax, and insurance (PITI) payment. The total ratio […]
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