Category: Fannie Mae New Lending Guidelines for Kentucky

How to get approved for a Kentucky Mortgage Loan in 2024


To determine if you can get approved for a Kentucky mortgage, several factors need to be considered, including your credit score, income, employment history, debt-to-income ratio, and down payment. Here’s a general overview of what lenders typically look for:

  1. Credit Scores : Most Kentucky Mortgage  lenders prefer a credit score of 620 or higher for conventional loans. FHA loans may accept lower credit scores, starting around 500, but a higher score (typically 580 or above) can improve your chances and offer better terms.

    Here are the general credit score requirements for FHA, VA, USDA, and Fannie Mae mortgage loans in Kentucky:

    Loan Program Minimum Credit Score Requirement Additional Notes
    FHA Loan 500 to 580 A credit score of 500 to 579 requires a 10% down payment; a score of 580 or higher requires a 3.5% down payment.
    VA Loan No minimum score VA lenders are more flexible with credit scores, but most lenders prefer a score of 620 or higher.
    USDA Loan no minimum score USDA lenders  typically require a minimum credit score of 640 or higher.
    Fannie Mae Loan 620 or higher Fannie Mae loans generally require a credit score of 620 or higher.

  2. Income and Employment History: Lenders evaluate your income stability and 2 year employment history to ensure you have a reliable source of income to make mortgage payments. Consistent employment and sufficient income are crucial.

    Here’s a chart outlining the employment and work history requirements for Kentucky FHA, VA, USDA, and Fannie Mae mortgage loans:

    Loan Program Employment History Work History Guidelines
    Kentucky FHA Loan 2 years of consistent employment with steady income 2 years of stable employment, including gaps explained Employment can include salaried, self-employed, or contract positions. Gaps in employment may require explanations and documentation.
    Kentucky VA Loan Stable income with continuous employment Stable work history with no significant gaps VA loans focus on the stability of income rather than specific employment duration. Military service may fulfill employment requirements.
    Kentucky USDA Loan 2 years of stable employment with reliable income 2 years of continuous employment, including explanations for gaps USDA loans prioritize consistent income and employment history. Gaps may require explanations and additional documentation.
    Fannie Mae Loan 2 years of employment with steady income and job stability 2 years of stable employment, including explanations for gaps Fannie Mae loans emphasize a stable work history with a focus on income stability. Gaps in employment may need explanations and additional documentation.

    These guidelines provide an overview of the employment and work history requirements for FHA, VA, USDA, and Fannie Mae mortgage loans. Lenders may have specific criteria and may consider factors such as income stability, type of employment, gaps in employment, and documentation of income sources. Borrowers should consult with a mortgage professional or lender to understand the detailed employment and work history requirements for their loan application.

  3. Debt-to-Income (DTI) Ratio: This ratio compares your monthly debt payments to your gross monthly income. Lenders typically prefer a DTI ratio of 31% to 45% on front end ratio and up to 55% on the back-end ratio, although some may accept higher ratios with compensating factors.

    Here’s a chart comparing the debt ratio requirements forKentucky FHA, VA, USDA, and Fannie Mae mortgage loans:

    Loan Program Front-End DTI Ratio Back-End DTI Ratio Guidelines
    Kentucky FHA Loan Up to 45% Up to 56.99% Front-end DTI includes housing-related expenses (mortgage, taxes, insurance). Back-end DTI includes all monthly debts.
    Kentucky VA Loan 41% or higher  41% or higher  VA guidelines do not have specific DTI ratio limits but focus on residual income after accounting for housing and debt costs.
    Kentucky USDA Loan Up to 33% Up to 45% Front-end DTI includes housing expenses. Back-end DTI includes all monthly debts.
    Kentucky Fannie Mae Loan Up to 40% Up to 50% Front-end DTI includes housing expenses. Back-end DTI includes all monthly debts.

  4. Down Payment: The amount of your down payment can also impact your approval chances. A larger down payment can lower your loan-to-value ratio (LTV) and reduce the lender’s risk.

    Here’s a down payment chart for Kentucky  FHA, VA, USDA, and Fannie Mae mortgage loans:

    Loan Program Minimum Down Payment Down Payment Source
    Kentucky FHA Loan 3.5% of purchase price Can be from personal savings or gift funds
    Kentucky VA Loan 0% (No down payment) N/A (VA loans offer 100% financing)
    Kentucky USDA Loan 0% (No down payment) N/A (USDA loans offer 100% financing)

    Kentucky Fannie Mae Loan

    		 3% to 5% of purchase price Can be from personal savings or gift funds

     

  5. Other Factors: Lenders may also consider your savings and assets, existing debts, credit history, and the type of mortgage you’re applying for (e.g., FHA, VA, USDA, conventional).

To get a more accurate assessment of your mortgage approval chances, it’s best to consult with a mortgage lender or broker. They can review your financial situation, credit history, and specific loan requirements to determine your eligibility and help you navigate the mortgage approval process.

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).

 

How long is my pre-approval good for on a Kentucky Mortgage Loan?

When shopping for a Kentucky mortgage loan, keep in mind that mortgage rates can change daily. Different lenders have varying fees, and they may sell your loan to another bank. Your middle credit score is crucial, and good credit leads to better rates. Knowing your Annual Percentage Rate (APR) and reducing closing costs are important. Finally, you can refinance your home loan anytime and get a mortgage loan after a foreclosure with certain waiting periods.


Shopping for a Kentucky Mortgage Loan?

1. Mortgage Rates Change

Just like the stock market, mortgage rates change throughout the day. Mortgage rates you see today may not be available tomorrow. If you are in the market for a mortgage loan, be sure to check the current rates being offered by lenders. If you have already done your research and have found your dream home consider locking in your rate as soon as possible.

2. Different Lenders Charge Different Fees

Don’t expect every lender to charge the same fees for a mortgage loan. Every lender structures their fees differently, which is why it is important to shop with at least 3 lenders to compare. Next time you apply for a mortgage loan pay attention to the rates, points being charged and closing costs.

3. Lenders Can Sell Your Loan to Another Bank

Many borrowers have experience getting a mortgage loan with a certain lender only to find out that the loan has been sold to another bank. This occurs because lenders need to free up their liabilities in order to make room to give out more loans. This does not affect your mortgage whatsoever, but it’s important to pay close attention to your mortgage statement and any correspondence you receive in the mail to make sure you do not make payments to the wrong bank.

4. Your Middle Credit Score Matters

When you apply for a mortgage loan, the lender will pull your credit scores from three credit bureaus (Transunion, Equifax and Experian) to help them determined if you are credit worthy. Your middle score of the three is what lenders will use for loan qualification. However, the underwriter will review all three scores as part of the loan underwriting process. If you pull your own credit score through a website online, the credit scores displayed to you may be different than what lenders use because they use different reporting systems.

5. You Can Refinance Your Home Loan Anytime

You can refinance your mortgage anytime, but it doesn’t necessarily mean you should. Think about why you want to refinance. Is because you want to lower your monthly payments, to change the type of loan you are in or to take cash out from your equity? Whatever the reason is, make sure that it makes financial sense.

6. You Can Get a Mortgage Loan After a Foreclosure

Many homeowners have experienced a foreclosure after the recent mortgage crisis. There is good news for these borrowers because they can get a mortgage loan after foreclosure. There are waiting periods involved, for example, to apply for an FHA loan you must wait three years after foreclosure to apply. If you want to get a conventional loan the waiting period is seven years from foreclosure. For those seeking a VA loan, the waiting period is two-years.

There are exceptions to the waiting periods, but you have to show the lender that your foreclosure was caused by an event outside your control, such as losing your job or being seriously ill.

8. Good Credit Allows you to Get Better Mortgage Rates

Good credit scores mean a better rate in any type of loan, especially a mortgage loan. Your credit heavily impacts the type mortgage loan you will qualify for. To maintain a good credit report, make sure you monitored it closely. One of the advantages to good credit is that more banks will want to compete for your business, therefore giving you leverage to negotiate the closing costs.

9. Know Your Annual Percentage Rate (APR)

Knowing your APR will allow you see the true cost of your loan. While the interest rate shows the annual cost of your loan, the APR includes other fees such as origination points, admin fees, loan processing fees, underwriting fees, documentation fees, private mortgage insurance and escrow fees.

There may be more or less fees included in the ARP from what we mentioned. To be sure what fees are included in the APR, ask your lender to give you a breakdown of the closing costs included.

10. You Can Always Reduce Closing Costs

One way to reduce closing costs is to have the sellers contribute towards the closing costs when purchasing your home. This can be negotiated between the buyer and the sellers in the purchase contract. The amount the seller can contribute will depend on the type of loan. Another way to save on closing costs is to have the lender give you a credit to cover out of pocket loan costs.

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

CONFIDENTIALITY NOTICE: This message is covered by the Electronic Communications Privacy Act, Title 18, United States Code, §§ 2510-2521. This e-mail and any attached files are deemed privileged and confidential, and are intended solely for the use of the individual(s) or entity to whom this e-mail is addressed. If you are not one of the named recipient(s) or believe that you have received this message in error, please delete this e-mail and any attached files from all locations in your computer, server, network, etc., and notify the sender IMMEDIATELY at 502-327-9770. Any other use, re-creation, dissemination, forwarding, or copying of this e-mail and any attached files is strictly prohibited and may be unlawful. Receipt by anyone other than the named recipient(s) is not a waiver of any attorney-client, work product, or other applicable privilege. E-mail is an informal method of communication and is subject to possible data corruption, either accidentally or intentionally. Therefore, it is normally inappropriate to rely on legal advice contained in an e-mail without obtaining further confirmation of said advice.

FHA Approved Condo List Louisville Kentucky Jefferson County

FHA Approved Condos Louisville Kentucky

Condo
Name		 Condo ID /
Submission		 Address County Approval
Method		 Composition
of Project		 Comments Document
Status		 Manufactured
Housing		 FHA
Concentration		 Status Status
Date		 Expiration
Date
ARBOR CREEK CONDOMINIUMS A002562 001 ARBOR CREEK DRIVE AND ARBOR MEADOW WAY
LOUISVILLE, KY 40228		 JEFFERSON HRAP 170 Units. DB 08278, PG 0268. None Recorded/
Not Uploaded		 No 8.23% Approved 11/30/2017 11/30/2019
AUTUMN GARDENS CONDOMINIUMS A002616 001 10013 AUTUMN GARDENS WAY
LOUISVILLE, KY 40229		 JEFFERSON HRAP 10 Buildings, 45 Units. DB08290PG0253, DB09109PG0706. Exists Recorded/
Not Uploaded		 No 15.55% Approved 12/11/2017 12/11/2019
AUTUMN TRACE CONDOMINIMUM A002589 001 7520 AUTUMN POINTE DR
LOUISVILLE, KY 40214		 JEFFERSON HRAP 105 Units. None Recorded/
Not Uploaded		 No 11.42% Approved 11/29/2017 11/29/2019
BAXTER LOOP CONDOMINIUMS A007952 001 1113 BAXTER AVE
LOUISVILLE, KY 40204		 JEFFERSON HRAP 3 BUILDINGS, 28 UNITS. DB 08885,PG 0239. Exists Recorded/
Not Uploaded		 No 7.14% Approved 05/21/2019 05/21/2021
BRADFORD COMMONS CONDOMINIMUM A002615 001 BRADFORD COMONS DRIVE
LOUISVILLE, KY 40299		 JEFFERSON HRAP 196 Units. DB 09348. 8 Phases, Buildings 1-8. Phase 8, Building 8, Units 101-104, 201-204. None Recorded/
Not Uploaded		 No 31.12% Approved 09/11/2019 09/11/2021
BRADFORD COMMONS CONDOMINIMUM A002615 002 BRADFORD COMONS DRIVE
LOUISVILLE, KY 40299		 JEFFERSON HRAP Phase 8, Building 8, Units 101-104, 201-204. None Recorded/
Not Uploaded		 No 31.12% Approved 07/27/2012 09/11/2021
BROOKSHIRE VILLAGE CONDOMINIUM A002561 001 6716 WYNDE MANOR DR
LOUISVILLE, KY 40228		 JEFFERSON HRAP PHASE 1, BLDS 1-14,UNITS 1-52 DEED BK 7821 PG 16 PLAT BK 95, PGS 21-22 RECERTIFICATION DUE 7/13/11. Exists Recorded/
Not Uploaded		 No 13.46% Approved 08/23/2019 08/23/2021
CHAMBERLAIN GARDENS A007735 001 POB 23010
LOUISVILLE, KY 40223		 JEFFERSON HRAP 32 Units/4 Buildings (10500-10503, 8 Units per Building) None Recorded/
Not Uploaded		 No 31.25% Approved 06/19/2019 06/19/2021
CHATEAU SQUARE CONDOMINIUM A002690 001 1934 GOLDSMITH LANE
LOUISVILLE, KY 40218		 JEFFERSON HRAP 36 Units, 6 Buildings. Bk 4850 Pg 896, 4/27/1976. Exists Recorded/
Not Uploaded		 No 27.77% Approved 02/12/2019 02/12/2021
CHEVAL PLACE CONDOMINIUMS A002560 001 3205 CHEVAL WAY
LOUISVILLE, KY 40299		 JEFFERSON HRAP 18 UNITS ; 3 BUILDINGS Exists Recorded/
Not Uploaded		 No 38.88% Approved 09/21/2018 09/21/2020
CLARE LANE TOWNHOME A010249 001 400 CLARE LANE
LOUISVILLE, KY 40206		 JEFFERSON HRAP Multiple townhome style buildings. Total 18 units. Exists Recorded/
Not Uploaded		 No 11.11% Approved 10/03/2018 10/03/2020
COBBLESTONE CONDOMINIUM A002523 001 5137 MAGDALEN SQUARE
LOUISVILLE, KY 40241		 JEFFERSON HRAP 140 RESIDENTIAL UNITS Exists Recorded/
Not Uploaded		 No 6.42% Approved 05/08/2019 05/08/2021
COLONIAL WOODS CONDOMINIUMS A002610 001 COLONIAL WOODS COURT
LOUISVILLE, KY 40223		 JEFFERSON HRAP 67 UNITS. Exists Recorded/
Not Uploaded		 No 16.41% Approved 04/02/2018 04/02/2020
CORRELL PLACE CONDOMINIUMS A009429 001 7200 CORRELL PLACE DRIVE
LOUISVILLE, KY 40228		 JEFFERSON HRAP 3 Buildings, 20 Units. Exists Recorded/
Not Uploaded		 No 25.00% Approved 02/01/2019 02/01/2021
COTTONWOOD A002540 001 SCHOEFFE AVENUE
LOUISVILLE, KY 40206		 JEFFERSON HRAP RECORDED PB 88, PP. 23 THRU 24. RECERTIFICATION DUE 8-8-04 -LY None Recorded/
Not Uploaded		 No 37.50% Approved 05/16/2019 05/16/2021
CREEKWOOD CONDOMINIUM A002541 001 FAIRGROUND ROAD
LOUISVILLE, KY 40291		 JEFFERSON HRAP Multiple buildings. Phases 1 thru 14 approved. Total 80 units. Exists Recorded/
Not Uploaded		 No 11.25% Approved 09/13/2018 09/13/2020
CRESCENT CROSSING CONDOMINIUM A008240 001 114 CRESCENT AVE
LOUISVILLE, KY 40206		 JEFFERSON HRAP 22 units located in a two story building. None Recorded/
Not Uploaded		 No 9.09% Approved 02/28/2019 02/28/2021
CROSSINGS AT COOPER CHAPEL A002575 001 BROOK BEND WAY
LOUISVILLE, KY 40229		 JEFFERSON HRAP OK TO PROCESS – PHASES 3-5, PHASES 6-7 None Recorded/
Not Uploaded		 No 15.00% Approved 04/18/2019 04/18/2021
CROSSINGS AT COOPER CHAPEL A002575 002 BROOK BEND WAY
LOUISVILLE, KY 40229		 JEFFERSON HRAP phases 9 None Recorded/
Not Uploaded		 No 15.00% Approved 10/16/2014 04/18/2021
DORSEY HILLS CONDOMINIUM A002621 001 10601 MCMEEKIN LANE
LOUISVILLE, KY 40223		 JEFFERSON HRAP Multiple buildings. Total units 184. None Recorded/
Not Uploaded		 No 4.34% Approved 04/10/2019 04/10/2021
DOUGLASS HILLS A002694 001 800 LOGSDON CT
LOUISVILLE, KY 40243		 JEFFERSON HRAP 137 UNITS APPROVED. None Recorded/
Not Uploaded		 No 26.27% Approved 03/28/2018 03/28/2020
EVERGREEN POINT CONDOMINIUM A005762 001 250 MIDDLETOWN SQUARE
LOUISVILLE, KY 40243		 JEFFERSON HRAP Only 66 units approved. Unit(#252) is ineligible for FHA financing only. No other units may be added to this project for FHA financing. None Recorded/
Not Uploaded		 No 43.93% Approved 08/08/2018 08/08/2020
EVERGREEN POINT CONDOMINIUM A005762 002 250 MIDDLETOWN SQUARE
LOUISVILLE, KY 40243		 JEFFERSON HRAP Phase 2 Building 1 (24 units) None Recorded/
Not Uploaded		 No 43.93% Approved 02/18/2010 08/08/2020
FERNDALE GARDENS A009037 001 RENATE RD
LOUISVILLE, KY 40291		 JEFFERSON HRAP Multiple buildings. Currently 79 units completed. Phased development, upon completion there will be 107 units. Estimated date of completion 12/2017. None Recorded/
Not Uploaded		 No 20.56% Approved 08/28/2019 08/28/2021
FOX HOLLOW CONDOMINIUM A002653 001 7301-7346 FOX HOLLOW WAY
LOUISVILLE, KY 40228		 JEFFERSON HRAP APPROVED BUILDINGS: 4, 5, 6 & 7. DB 8377 PG543. 51% OWNER OCCUP. CERT. TO BE INCLUDED WITH EACH CASE BINDER. Exists Recorded/
Not Uploaded		 No 6.66% RejectedMissing documents or incomplete package submission 05/17/2013 n/a
FOX HOLLOW CONDOMINIUM A002653 002 7301-7346 FOX HOLLOW WAY
LOUISVILLE, KY 40228		 JEFFERSON HRAP Building #3. Total 6 units. Exists Recorded/
Not Uploaded		 No 6.66% Approved 01/03/2011 n/a
GARDEN PARK TOWNHOMES A002697 001 6 MILE LANE
LOUISVILLE, KY 40220		 JEFFERSON HRAP 46 units, townhome styles Exists Recorded/
Not Uploaded		 No 45.65% Approved 03/06/2019 03/06/2021
GARDINER LAKE CONDOMINIUMS A002613 001 1700 GARDINER LANE
LOUISVILLE, KY 40205		 JEFFERSON HRAP 53 units; 11 BUILDING; 7 PHASES None Recorded/
Not Uploaded		 No 22.64% Approved 11/08/2017 11/08/2019
HOLLY HOUSE CONDOMINIUM** A008753 001 1926 GOLDSMITH LANE
LOUISVILLE, KY 40218		 JEFFERSON HRAP 60 UNITS
HOLLY HOUSE CONDOMINIUM HOMES, SECTION 2		 None Recorded/
Not Uploaded		 No 8.33% Approved 09/12/2018 09/12/2020
JOHNSON GREEN AT BEULAH * A002676 001 7407 JOHNSON SCHOOL ROAD
LOUISVILLE, KY 40291		 JEFFERSON HRAP Multiple buildings. Total 187 units.
*FULL NAME FOR PROJECT: Johnson Green at Beulah Church, a Condominium		 None Recorded/
Not Uploaded		 No 23.52% Approved 07/18/2018 07/18/2020
LAKEVIEW CONDOMINIUMS A007711 001 1815 GARDINER LN
LOUISVILLE, KY 40205		 JEFFERSON HRAP 248 units-19 bldgs. None Recorded/
Not Uploaded		 No 18.14% Approved 10/05/2017 10/05/2019
(nearing expiration)
MAGNOLIA RIDGE CONDOMINIUMS A002556 001 9410 MAGNOLIA RIDGE DRIVE
LOUISVILLE, KY 40291		 JEFFERSON HRAP Multiple buildings. Total 120 units. None Recorded/
Not Uploaded		 No 30.83% Approved 03/13/2019 03/13/2021
MEADOWLARK MANOR CONDOMINIUMS A002727 001 4500 MEADOWLARK MANOR LN
LOUISVILLE, KY 40245		 JEFFERSON HRAP five tow story brick bldgs Exists Recorded/
Not Uploaded		 No 10.81% Approved 08/29/2019 08/29/2021
OAKSHIRE A002704 001 OAKSHIRE DRIVE
LOUISVILLE, KY 40299		 JEFFERSON HRAP 40 Units. Exists Recorded/
Not Uploaded		 No 50.00% Approved 02/06/2018 02/06/2020
PARK PLACE LOFTS A007516 001 400 E MAIN ST
LOUISVILLE, KY 40202		 JEFFERSON HRAP 4 story building. Total 32 residential units. Commercial space at 28%. Exists Recorded/
Not Uploaded		 No 3.12% Approved 10/20/2017 10/20/2019
(nearing expiration)
RIEDLONN A010381 001 2705 RIEDLING DRIVE
LOUISVILLE, KY 40206		 JEFFERSON HRAP 2 building with 4 units each None Recorded/
Not Uploaded		 No 0.00% Approved 12/06/2018 12/06/2020
SALEM SQUARE CONDOMINIUMS A002527 001 521 ZORN AVENUE
LOUISVILLE, KY 40206		 JEFFERSON HRAP 2 PHASES, 8 BUILDINGS, 92 UNITS.
Conversion date for project 7/1973		 None Recorded/
Not Uploaded		 No 3.26% Approved 03/06/2018 03/06/2020
SAVANNAH SPRINGS CONDOMINIUMS A007951 001 8403 MOSS GARDEN DRIVE
LOUISVILLE, KY 40219		 JEFFERSON HRAP 19 Buildings, 98 Units. DB 08618, Page 0890. Exists Recorded/
Not Uploaded		 No 22.44% Approved 06/14/2019 06/14/2021
SENECA GARDENS CONDOMINIUMS A008570 001 2645 TAYLORSVILLE RD
LOUISVILLE, KY 40205		 JEFFERSON HRAP 5 BUILDINGS; 40 UNITS None Recorded/
Not Uploaded		 No 2.50% Approved 05/02/2018 05/02/2020
SHELBY POINTE CONDOMINIUM** A002622 001 260 MOSER ROAD
LOUISVILLE, KY 40223		 JEFFERSON HRAP 53 residential units, 11 buildings None Recorded/
Not Uploaded		 No 13.20% Approved 12/21/2017 12/21/2019
SYCAMORE II A002710 001 10401-15 CADY COVE CT
LOUISVILLE, KY 40223		 JEFFERSON HRAP Contains 74 townhouse style units in 13 buldings None Recorded/
Not Uploaded		 No 14.86% Approved 07/26/2019 07/26/2021
THE CLIFF VIEW TERRACE CONDO** A002650 001 2411 BROWNSBORO RD
LOUISVILLE, KY 40206		 JEFFERSON HRAP 28 RESIDENTIAL UNITS, 2 COMMERCIAL UNITS
***legal name: The Cliff view Terrace Condominiums, A condominium property regime		 None Recorded/
Not Uploaded		 No 21.42% Approved 04/11/2018 04/11/2020
THE ORCHARDS OF APPLEGATE A008554 001 8500 APPLEGATE VILLAGE DRIVE
LOUISVILLE, KY 40219		 JEFFERSON HRAP Multiple buildings. Total 70 units. Exists Recorded/
Not Uploaded		 No 8.57% Approved 04/04/2018 04/04/2020
THE PARKVIEW CONDOMINIUMS A002714 001 8138 LAKE TER
LOUISVILLE, KY 40222		 JEFFERSON HRAP 9 BUILDINGS; 104 UNITS None Recorded/
Not Uploaded		 No 31.73% Approved 02/28/2018 02/28/2020
THE PINES, A CONDOMINIUM* A002637 001 3721 BARDSTOWN ROAD
LOUISVILLE, KY 40206		 JEFFERSON HRAP 72 UNITS; 6 BUILDINGS
*FULL NAME FOR PROJECT: THE PINES, A CONDOMINIUM PROJECT		 Exists Recorded/
Not Uploaded		 No 31.94% Approved 06/15/2018 06/15/2020
THE RIDGE AT OLD HENRY CONDO A009724 001 8303 SHELBYVILLE RD
LOUISVILLE, KY 40222		 JEFFERSON HRAP 61 RESIDENTIAL UNITS None Recorded/
Not Uploaded		 No 1.63% Approved 06/14/2018 06/14/2020
THE TAVNER COMDOMINIUMS A002532 001 2082 DOUGLASS BLVD.
LOUISVILLE, KY 40205		 JEFFERSON HRAP 3 LEVEL-18 UNITS-BRICK CONSTRUCTION. None Recorded/
Not Uploaded		 No 11.11% Approved 06/20/2018 06/20/2020
THE VILLAGE AT INDIAN FALLS A002565 001 10221 RIVERSTONE CIR
LOUISVILLE, KY 40229		 JEFFERSON HRAP FANNIE MAE FORM 1028 REC’D FOR UNITS 1-84 None Recorded/
Not Uploaded		 No 27.38% Approved 06/06/2019 06/06/2021
THE VILLAGE AT WATTERSON** A002713 001 LOCH LEA LANE
LOUISVILLE, KY 40291		 JEFFERSON HRAP 40 units
**Full legal name of the project is The Village at Watterson Woods, Village II		 None Recorded/
Not Uploaded		 No 32.50% Approved 06/21/2019 06/21/2021
THE VILLAS OF STONY FARM A002605 001 STONY FARM DRIVE
LOUISVILLE, KY 40299		 JEFFERSON HRAP 123 units, 57 brick buildings None Recorded/
Not Uploaded		 No 3.25% Approved 06/20/2018 06/20/2020
Status: Approved
Search Type: Both
Begin Date:
End Date:

Condominiums List

Message:  CONDOMINIUMS SUCCESSFULLY COMPLETED
Condominiums (HRAP/DELRAP Approval Method) as of 09/27/2019
Condominiums as of 09/27/2019
(224 records were selected, records 1 through 50 displayed)
Condo
Name		 Condo ID /
Submission		 Address County Approval
Method		 Composition
of Project		 Comments Document
Status		 Manufactured
Housing		 FHA
Concentration		 Status Status
Date		 Expiration
Date
ARBOR CREEK CONDOMINIUMS A002562 001 ARBOR CREEK DRIVE AND ARBOR MEADOW WAY
LOUISVILLE, KY 40228		 JEFFERSON HRAP 170 Units. DB 08278, PG 0268. None Recorded/
Not Uploaded		 No 8.23% Approved 11/30/2017 11/30/2019
AUTUMN GARDENS CONDOMINIUMS A002616 001 10013 AUTUMN GARDENS WAY
LOUISVILLE, KY 40229		 JEFFERSON HRAP 10 Buildings, 45 Units. DB08290PG0253, DB09109PG0706. Exists Recorded/
Not Uploaded		 No 15.55% Approved 12/11/2017 12/11/2019
AUTUMN TRACE CONDOMINIMUM A002589 001 7520 AUTUMN POINTE DR
LOUISVILLE, KY 40214		 JEFFERSON HRAP 105 Units. None Recorded/
Not Uploaded		 No 11.42% Approved 11/29/2017 11/29/2019
BAXTER LOOP CONDOMINIUMS A007952 001 1113 BAXTER AVE
LOUISVILLE, KY 40204		 JEFFERSON HRAP 3 BUILDINGS, 28 UNITS. DB 08885,PG 0239. Exists Recorded/
Not Uploaded		 No 7.14% Approved 05/21/2019 05/21/2021
BELLEBROOK RIDGE CONDOMINIUMS A007864 001 624 TRUMAN LANE
BELLEVUE, KY 41073		 CAMPBELL HRAP 2 buildings, 2 phases 48 units None Recorded/
Not Uploaded		 No 16.66% Approved 03/14/2018 03/14/2020
BELLEPOINTE COMMONS A006253 001 300 BELLEPOINTE COMMONS
BELLEVUE, KY 41073		 CAMPBELL HRAP 48 units all completed in 1989 None Recorded/
Not Uploaded		 No 8.33% Approved 02/06/2019 02/06/2021
BRADFORD COMMONS CONDOMINIMUM A002615 001 BRADFORD COMONS DRIVE
LOUISVILLE, KY 40299		 JEFFERSON HRAP 196 Units. DB 09348. 8 Phases, Buildings 1-8. Phase 8, Building 8, Units 101-104, 201-204. None Recorded/
Not Uploaded		 No 31.12% Approved 09/11/2019 09/11/2021
BRADFORD COMMONS CONDOMINIMUM A002615 002 BRADFORD COMONS DRIVE
LOUISVILLE, KY 40299		 JEFFERSON HRAP Phase 8, Building 8, Units 101-104, 201-204. None Recorded/
Not Uploaded		 No 31.12% Approved 07/27/2012 09/11/2021
BROOKSHIRE VILLAGE CONDOMINIUM A002561 001 6716 WYNDE MANOR DR
LOUISVILLE, KY 40228		 JEFFERSON HRAP PHASE 1, BLDS 1-14,UNITS 1-52 DEED BK 7821 PG 16 PLAT BK 95, PGS 21-22 RECERTIFICATION DUE 7/13/11. Exists Recorded/
Not Uploaded		 No 13.46% Approved 08/23/2019 08/23/2021
CANTERING HILLS @ STEEPLECHASE A002597 001 837 FOINAVAON LN
WALTON, KY 41094		 BOONE HRAP 227 Units None Recorded/
Not Uploaded		 No 16.66% Approved 02/12/2019 02/12/2021
CANTERING HILLS @ STEEPLECHASE A002597 002 837 FOINAVAON LN
WALTON, KY 41094		 BOONE HRAP Phase 10, bldg 22, 5 units None Recorded/
Not Uploaded		 No 16.66% Approved 07/15/2011 02/12/2021
CANTERING HILLS @ STEEPLECHASE A002597 003 837 FOINAVAON LN
WALTON, KY 41094		 BOONE HRAP Phase 10 None Recorded/
Not Uploaded		 No 16.66% Approved 08/09/2011 02/12/2021
CANTERING HILLS @ STEEPLECHASE A002597 004 837 FOINAVAON LN
WALTON, KY 41094		 BOONE HRAP Phase 9, 4 units None Recorded/
Not Uploaded		 No 16.66% Approved 10/21/2011 02/12/2021
CANTERING HILLS @ STEEPLECHASE A002597 005 837 FOINAVAON LN
WALTON, KY 41094		 BOONE HRAP Phases 11 & 12, 3 & 6 Units. None Recorded/
Not Uploaded		 No 16.66% Approved 12/14/2012 02/12/2021
CANTERING HILLS @ STEEPLECHASE A002597 006 837 FOINAVAON LN
WALTON, KY 41094		 BOONE HRAP phase 13, 4 units None Recorded/
Not Uploaded		 No 16.66% Approved 02/06/2014 02/12/2021
CANTERING HILLS @ STEEPLECHASE A002597 007 837 FOINAVAON LN
WALTON, KY 41094		 BOONE HRAP Phase 14, building 24, 8 units Exists Recorded/
Not Uploaded		 No 16.66% RejectedOther (specify in comments) 12/11/2014 02/12/2021
CANTERING HILLS @ STEEPLECHASE A002597 008 837 FOINAVAON LN
WALTON, KY 41094		 BOONE HRAP Phase XIV Building 24, 8 units None Recorded/
Not Uploaded		 No 16.66% Approved 10/22/2015 02/12/2021
CANTERING HILLS @ STEEPLECHASE A002597 009 837 FOINAVAON LN
WALTON, KY 41094		 BOONE HRAP phase 15, building 18, 6 units, a, b, c, d, e, f None Recorded/
Not Uploaded		 No 16.66% Approved 03/16/2016 02/12/2021
CANTERING HILLS @ STEEPLECHASE A002597 010 837 FOINAVAON LN
WALTON, KY 41094		 BOONE HRAP Phase 16, 6 units, bldg. 19, a b c d e f None Recorded/
Not Uploaded		 No 16.66% Approved 01/26/2017 02/12/2021
CANTERING HILLS @ STEEPLECHASE A002597 011 837 FOINAVAON LN
WALTON, KY 41094		 BOONE HRAP Phase 17, 4 units, building 21 A-D None Recorded/
Not Uploaded		 No 16.66% Approved 06/28/2017 02/12/2021
CANTERING HILLS @ STEEPLECHASE A002597 012 837 FOINAVAON LN
WALTON, KY 41094		 BOONE HRAP Phase 19, 4 units, building 11 None Recorded/
Not Uploaded		 No 16.66% Approved 08/08/2018 02/12/2021
CANTERING HILLS @ STEEPLECHASE A002597 013 837 FOINAVAON LN
WALTON, KY 41094		 BOONE HRAP Phase 18, 2 units Building 39 None Recorded/
Not Uploaded		 No 16.66% Approved 08/08/2018 02/12/2021
CANTERING HILLS @ STEEPLECHASE A002597 014 837 FOINAVAON LN
WALTON, KY 41094		 BOONE HRAP Phase 20, bldg. 33 2 units A & B None Recorded/
Not Uploaded		 No 16.66% Approved 02/27/2019 02/12/2021
CANTERING HILLS @ STEEPLECHASE A002597 015 837 FOINAVAON LN
WALTON, KY 41094		 BOONE HRAP Phase 22, 4 units None Recorded/
Not Uploaded		 No 16.66% Approved 06/05/2019 02/12/2021
CANTERING HILLS @ STEEPLECHASE A002597 016 837 FOINAVAON LN
WALTON, KY 41094		 BOONE HRAP phase 21, 6 units None Recorded/
Not Uploaded		 No 16.66% Approved 06/05/2019 02/12/2021
CANTERING HILLS @ STEEPLECHASE A002597 017 837 FOINAVAON LN
WALTON, KY 41094		 BOONE HRAP Phase 24, 3 units – CHTH 31 ABC BUILDING 31 None Recorded/
Not Uploaded		 No 16.66% Approved 08/15/2019 02/12/2021
CANTERING HILLS @ STEEPLECHASE A002597 018 837 FOINAVAON LN
WALTON, KY 41094		 BOONE HRAP Phase 23, bldg. 32, 3 units, abc None Recorded/
Not Uploaded		 No 16.66% Approved 08/15/2019 02/12/2021
CARRIAGE HOUSE COMDOMINIUMS A005911 001 CARRIAGE HOUSE DRIVE
FORT THOMAS, KY 41075		 CAMPBELL HRAP 1 BUILDING, 30 UNITS None Recorded/
Not Uploaded		 No 26.66% Approved 02/14/2019 02/14/2021
CHAMBERLAIN GARDENS A007735 001 POB 23010
LOUISVILLE, KY 40223		 JEFFERSON HRAP 32 Units/4 Buildings (10500-10503, 8 Units per Building) None Recorded/
Not Uploaded		 No 31.25% Approved 06/19/2019 06/19/2021
CHATEAU SQUARE CONDOMINIUM A002690 001 1934 GOLDSMITH LANE
LOUISVILLE, KY 40218		 JEFFERSON HRAP 36 Units, 6 Buildings. Bk 4850 Pg 896, 4/27/1976. Exists Recorded/
Not Uploaded		 No 27.77% Approved 02/12/2019 02/12/2021
CHEVAL PLACE CONDOMINIUMS A002560 001 3205 CHEVAL WAY
LOUISVILLE, KY 40299		 JEFFERSON HRAP 18 UNITS ; 3 BUILDINGS Exists Recorded/
Not Uploaded		 No 38.88% Approved 09/21/2018 09/21/2020
CITATION POINTE A002595 001 2312 REMINGTON WAY
LEXINGTON, KY 40511		 FAYETTE HRAP PHASES 1-4, BK 70, PG 338 None Recorded/
Not Uploaded		 No 11.66% Approved 05/10/2018 05/10/2020
CLARE LANE TOWNHOME A010249 001 400 CLARE LANE
LOUISVILLE, KY 40206		 JEFFERSON HRAP Multiple townhome style buildings. Total 18 units. Exists Recorded/
Not Uploaded		 No 11.11% Approved 10/03/2018 10/03/2020
COBBLESTONE CONDOMINIUM A002523 001 5137 MAGDALEN SQUARE
LOUISVILLE, KY 40241		 JEFFERSON HRAP 140 RESIDENTIAL UNITS Exists Recorded/
Not Uploaded		 No 6.42% Approved 05/08/2019 05/08/2021
COLONIAL WOODS CONDOMINIUMS A002610 001 COLONIAL WOODS COURT
LOUISVILLE, KY 40223		 JEFFERSON HRAP 67 UNITS. Exists Recorded/
Not Uploaded		 No 16.41% Approved 04/02/2018 04/02/2020
CORRELL PLACE CONDOMINIUMS A009429 001 7200 CORRELL PLACE DRIVE
LOUISVILLE, KY 40228		 JEFFERSON HRAP 3 Buildings, 20 Units. Exists Recorded/
Not Uploaded		 No 25.00% Approved 02/01/2019 02/01/2021
COTTONWOOD A002540 001 SCHOEFFE AVENUE
LOUISVILLE, KY 40206		 JEFFERSON HRAP RECORDED PB 88, PP. 23 THRU 24. RECERTIFICATION DUE 8-8-04 -LY None Recorded/
Not Uploaded		 No 37.50% Approved 05/16/2019 05/16/2021
CREEKWOOD CONDOMINIUM A002541 001 FAIRGROUND ROAD
LOUISVILLE, KY 40291		 JEFFERSON HRAP Multiple buildings. Phases 1 thru 14 approved. Total 80 units. Exists Recorded/
Not Uploaded		 No 11.25% Approved 09/13/2018 09/13/2020
CRESCENT CROSSING CONDOMINIUM A008240 001 114 CRESCENT AVE
LOUISVILLE, KY 40206		 JEFFERSON HRAP 22 units located in a two story building. None Recorded/
Not Uploaded		 No 9.09% Approved 02/28/2019 02/28/2021
CROSSINGS AT COOPER CHAPEL A002575 001 BROOK BEND WAY
LOUISVILLE, KY 40229		 JEFFERSON HRAP OK TO PROCESS – PHASES 3-5, PHASES 6-7 None Recorded/
Not Uploaded		 No 15.00% Approved 04/18/2019 04/18/2021
CROSSINGS AT COOPER CHAPEL A002575 002 BROOK BEND WAY
LOUISVILLE, KY 40229		 JEFFERSON HRAP phases 9 None Recorded/
Not Uploaded		 No 15.00% Approved 10/16/2014 04/18/2021
DORSEY HILLS CONDOMINIUM A002621 001 10601 MCMEEKIN LANE
LOUISVILLE, KY 40223		 JEFFERSON HRAP Multiple buildings. Total units 184. None Recorded/
Not Uploaded		 No 4.34% Approved 04/10/2019 04/10/2021
DOUGLASS HILLS A002694 001 800 LOGSDON CT
LOUISVILLE, KY 40243		 JEFFERSON HRAP 137 UNITS APPROVED. None Recorded/
Not Uploaded		 No 26.27% Approved 03/28/2018 03/28/2020
EMERALD SPRINGS A002543 001 ANDERSON RD/BROMBERG-CRESCENT SPRINGS RD
CRESCENT SPRINGS, KY 41017		 KENTON HRAP 234 Units. Lots 1-22. Exists Recorded/
Not Uploaded		 No 5.55% Approved 05/09/2018 05/09/2020
EVERGREEN POINT CONDOMINIUM A005762 001 250 MIDDLETOWN SQUARE
LOUISVILLE, KY 40243		 JEFFERSON HRAP Only 66 units approved. Unit(#252) is ineligible for FHA financing only. No other units may be added to this project for FHA financing. None Recorded/
Not Uploaded		 No 43.93% Approved 08/08/2018 08/08/2020
EVERGREEN POINT CONDOMINIUM A005762 002 250 MIDDLETOWN SQUARE
LOUISVILLE, KY 40243		 JEFFERSON HRAP Phase 2 Building 1 (24 units) None Recorded/
Not Uploaded		 No 43.93% Approved 02/18/2010 08/08/2020
FAIRWAYS AT MEADOWOOD CONDO A002579 001 BURLINGTON, KY 41005 BOONE HRAP Multiple buildings, phased developement. When completed 313 units. Currently 201 units approved, phases 1 thru 33. Exists Recorded/
Not Uploaded		 No 1.14% Approved 02/12/2019 02/12/2021
FAIRWAYS AT MEADOWOOD CONDO A002579 002 BURLINGTON, KY 41005 BOONE HRAP Phase 34, 4 units, bldg. 133 None Recorded/
Not Uploaded		 No 1.14% Approved 02/01/2017 02/12/2021
FAIRWAYS AT MEADOWOOD CONDO A002579 003 BURLINGTON, KY 41005 BOONE HRAP Phase 35, 6 units, bldg. 134 None Recorded/
Not Uploaded		 No 1.14% Approved 08/09/2017 02/12/2021
FAIRWAYS AT MEADOWOOD CONDO A002579 004 BURLINGTON, KY 41005 BOONE HRAP 8 units, phase 36, building 132 None Recorded/
Not Uploaded		 No 1.14% Approved 08/09/2018 02/12/2021
Begin Date:
End Date:

Condominiums as of 09/27/2019
(58 records were selected, records 51 through 58 displayed)

Condo
Name		 Condo ID /
Submission		 Address County Approval
Method		 Composition
of Project		 Comments Document
Status		 Manufactured
Housing		 FHA
Concentration		 Status Status
Date		 Expiration
Date
TREIS CONDOMINIUMS A002535 001 MURPHAY LANE
LOUISVILLE, KY 40245		 JEFFERSON HRAP Ten buildings total 78 units. None Recorded/
Not Uploaded		 No 32.05% Approved 10/05/2017 10/05/2019
(nearing expiration)
VILLAGE OF WHITE OAKS* A002537 001 1101 POWERHOUSE
LOUISVILLE, KY 40242		 JEFFERSON HRAP 40 units, 4 buildings, 1 phase
*FULL NAME FOR PROJECT: VILLAGE OF WHITE OAKS CONDOMINIUM		 None Recorded/
Not Uploaded		 No 30.00% Approved 06/26/2019 06/26/2021
WHIPPS MILL WOODS A002715 001 WHIPPS MILL RD
LOUISVILLE, KY 40233		 JEFFERSON HRAP 36 Units. Exists Recorded/
Not Uploaded		 No 33.33% Approved 10/04/2017 10/04/2019
(nearing expiration)
WOODBOURNE CONDOMINIUMS A002583 001 2304-2310 WOODBOURNE AVE
LOUISVILLE, KY 40205		 JEFFERSON HRAP 16UNITS Exists Recorded/
Not Uploaded		 No 0.00% Approved 03/05/2018 03/05/2020
WOODRIDGE LAKE PATIO HOMES A002558 001 RIDGE LAKE DR
LOUISVILLE, KY 40272		 JEFFERSON HRAP BUILDINGS 1-4, RECORDED PLATBOOK NO 94, PG 1601, BLDG 5 & 6, DB 81 18, BLDGS 7 AND 8 DB 08769PG0574 BLDG 13,14,15 None Recorded/
Not Uploaded		 No 10.52% Approved 06/05/2019 06/05/2021
WOODRIDGE LAKE PATIO HOMES A002558 002 RIDGE LAKE DR
LOUISVILLE, KY 40272		 JEFFERSON HRAP Building 9&10 (8 units) Building 11&12 (8 units) Units 61-66 Exists Recorded/
Not Uploaded		 No 10.52% Approved 07/01/2010 06/05/2021
WOODS OF ST. ANDREWS A002564 001 295 N. HUBBARDS LN
LOUISVILLE, KY 40214		 JEFFERSON HRAP 5 building completed None Recorded/
Not Uploaded		 No 35.93% Approved 07/18/2018 07/18/2020
WORTHINGTON GLEN CONDOMINIUMS A002684 001 10200 WORTHINGTON GLEN DRIVE
LOUISVILLE, KY 40241		 JEFFERSON HRAP 10 Buildings, 268 Units. Exists Recorded/
Not Uploaded		 No 14.92% Approved 08/22/2019 08/22/2021
Joel Lobb
Senior  Loan Officer
(NMLS#57916)
American Mortgage Solutions, Inc.
800 Stone Creek Pkwy, Ste 7,
Louisville, KY 40223
 Fax:     (502) 327-9119
 
 Company ID #1364 | MB73346

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Joel Lobb (NMLS#57916)
Senior  Loan Officer
 
American Mortgage Solutions, Inc.
10602 Timberwood Circle Suite 3
Louisville, KY 40223
Company ID #1364 | MB73346
 


Text/call 502-905-3708
kentuckyloan@gmail.com

http://www.nmlsconsumeraccess.org/
Disclaimer: No statement on this site is a commitment to make a loan. Loans are subject to borrower qualifications, including income, property evaluation, sufficient equity in the home to meet Loan-to-Value requirements, and final credit approval. Approvals are subject to underwriting guidelines, interest rates, and program guidelines and are subject to change without notice based on applicant’s eligibility and market conditions. Equal Opportunity Lender. NMLS#57916 http://www.nmlsconsumeraccess.org/
 
— Some products and services may not be available in all states. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. The content in this marketing advertisement has not been approved, reviewed, sponsored or endorsed by any department or government agency. Rates are subject to change and are subject to borrower(s) qualification.

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American Mortgage Solutions, Inc.
10602 Timberwood Circle Suite 3
Louisville, KY 40223
Company ID #1364 | MB73346


Text/call 502-905-3708
kentuckyloan@gmail.com

http://www.nmlsconsumeraccess.org/
If you are an individual with disabilities who needs accommodation, or you are having difficulty using our website to apply for a loan, please contact us at 502-905-3708.

Disclaimer: No statement on this site is a commitment to make a loan. Loans are subject to borrower qualifications, including income, property evaluation, sufficient equity in the home to meet Loan-to-Value requirements, and final credit approval. Approvals are subject to underwriting guidelines, interest rates, and program guidelines and are subject to change without notice based on applicant’s eligibility and market conditions. Refinancing an existing loan may result in total finance charges being higher over the life of a loan. Reduction in payments may reflect a longer loan term. Terms of any loan may be subject to payment of points and fees by the applicant  Equal Opportunity Lender. NMLS#57916http://www.nmlsconsumeraccess.org/

— Some products and services may not be available in all states. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. The content in this marketing advertisement has not been approved, reviewed, sponsored or endorsed by any department or government agency. Rates are subject to change and are subject to borrower(s) qualification.