Category Archives: FHA Loans Kentucky Housing First time home buyer

$10,000 DOWN PAYMENT ASSISTANCE GRANT FOR LOUISVILLE KENTUCKY HOME BUYERS in JEFFERSON COUNTY KY 2018


$10,000 Down Payment Grant from Kentucky Housing for 2018 First Time Home Buyers   No Cost or Obligation Easy Loan Process Flexible Underwriting Expert Advice on the Kentucky Housing $10,000 Grant for First Time Home Buyers in Kentucky You can now get up to $10,000 at closing to help towards your down payment and closing […]
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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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How Does Student Loans Affect A Mortgage Loan Approval in Kentucky ?


As more Kentuckians go back to school to further their education, this usually involved for some people student loans to finance their post-secondary high school education. Below I did a summary for the different types of loans for Kentucky Home Buyers and owners for:, FHA, VA, USDA, Fannie Mae and how each loan program effects the borrower and their status […]
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Kentucky FHA Mortgage Loan Updates For You


Kentucky FHA Mortgage Loan Updates For You Full commissioned buyer with 1 year on the job pre-approved:  FHA will allow for a borrower to only be commissioned sales for 1 year! FHA’s new student loan guideline:  FHA’s new bulletin announces that lenders can no longer use an IBR (Income Based Repayment) for figuring student loan […]
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KENTUCKY FHA STUDENT LOAN POLICY UPDATES


April 18, 2016   KENTUCKY MORTGAGE FHA STUDENT LOAN POLICY UPDATES On April 12, 2016, HUD announced a policy change to provide guidance on calculating student loan payments for a FHA Mortgage loan approval.  Per ML 2016-08, this policy is effective for all loans with case numbers assigned on or after June 30, 2016, however, […]
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$10,000 Down payment Assistance Grant for Kentucky First Time Home buyers 2018


  $10,000 HHF DAP Available Kentucky Housing Corporation (KHC) is proud to announce a new round of Hardest Hit Fund (HHF) Down payment Assistance Program (DAP), a total of $5 million will be available for new reservations beginning today, Tuesday, January 9, 2018, at 10 am, ET. The HHF DAP will be available on a first-come, first served basis, based on […]
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FHA STREAMLINES REFINANCE GUIDELINES IN KENTUCKY 2015


Refinancing FHA Mortgage loans.  FHA STREAMLINES: FHA to FHA Refinance 620 minimum Credit Score NO AUS findings run NO Income stated on application or verified NO Appraisal – COSTS CAN NOT BE ROLLED INTO LOAN –No longer an allowable option Verify assets only for cash to close If you pay ALL costs with interest rate […]
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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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Down Payment Assistance Program for Jefferson County Kentucky Louisville


Kentucky Housing recognizes that down payments, closing costs and prepaids are stumbling blocks for many potential home buyers. Here are several loan programs to help. Your KHC-approved lender can help you apply for the program that meets your need.Regular DAPPurchase price up to $243,000.Assistance in the form of a loan up to $6,000 in $100 increments.Repayable over a […]
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Kentucky FHA HUD Homes for $100 Down


Kentucky FHA HUD Homes for $100 Down. via Kentucky FHA HUD Homes for $100 Down. , FHA, FHA Back to Work Program Ky, FHA Co-signors, FHA Guidelines, fha mortgage insurance premiums, First Time Home Buyer, Homeownership Assistance Programs: Kentucky, HUD Foreclosure, HUD HOMES $100 Down, HUD REO PROPERTIES ELIGIBLE FOR THE $100 DOWN PAYMENT, Kentucky FHA HUD Homes for $100 Down, Kentucky FHA Important Links,KY FHA LOANS, Loan […]
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