Category Archives: Denied A Mortgage

Kentucky Home Buyers. Purchase a Home No Money Down.


         Kentucky Home Buyers Program Summary below 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 due to the lender giving you a lender credit back […]
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FHA changes may aid those who lost homes


FHA changes may aid those who lost homes. The Federal Housing Authority has shortened the mandatory waiting periods for an Kentucky  FHA-insured mortgage loan for those who have undergone foreclosure, deed-in-lieu, taken a short sale or declared bankruptcy during the economic recession.   Through its new program, Back to Work—Extenuating Circumstances, the waiting period for […]
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Middle-class buyers may feel squeeze of new mortgage rules – Toledo Blade


Middle-class buyers may feel squeeze of new mortgage rules – Toledo Blade.   On Jan. 1, banks may not approve mortgages for applicants whose debt-to-income ration is over 43 percent and must limit origination fees to no more than 3 percent of the loan amount.    Read more at http://www.toledoblade.com/Real-Estate/2013/10/13/Middle-class-buyers-may-feel-squeeze-of-new-mortgage-rules.html#odAUFEU4Mc1Emb7k.99

Homeownership Assistance Programs: Kentucky


Homeownership Assistance Programs: Kentucky. via Homeownership Assistance Programs: Kentucky. Underwriting Guidelines 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 […]
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Compensating factors may affect the loan decision for a Kentucky VA Mortgage Denial.


Compensating factors may affect the loan decision for a Kentucky VA Mortgage Denial.. via Compensating factors may affect the loan decision for a Kentucky VA Mortgage Denial..