Category Archives: Kentucky USDA Loans

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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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 […]
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2017 Kentucky First Time Home Buyer Loan Programs


  Kentucky First Time Home Buyer Programs for 2017   There are basically 5 popular programs that Kentucky Home buyers 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 […]
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Kentucky Rural Housing Homes for Sale 2016 Foreclosures USDA


Address Bed/Bath Price 206 Maysville Road 1/1 $26,800.00 – GovtBid Scottsville, KY 42164 Foreclosure Sale 23 Hale St. 3/1 $26,800.00 – GovtBid Stanton, KY 40380 Foreclosure Sale 500 White Oak Rd 3/2 $17,000.00 – GovtBid Irvine, KY 40336 Foreclosure Sale 148 Falls Lane 3/1 $33,500.00 – GovtBid Clearfield, KY 40313 Foreclosure Sale 1023 Byrtle Grove […]
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Kentucky Rural Housing USDA – Upcoming Changes – October 2016 Submit your applications beginning Tuesday, September 13, 2016


The USDA has announced exciting changes that will be implemented in October 2016. USDA is a great product that offers 100% financing, zero down payment for certain rural areas. Effective in October 2016, there will be two big changes to the USDA product: The Up Front Funding Fee will be reduced to 1%. It currently […]
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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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$10,000 Down payment Assistance Grant for Kentucky First Time Home buyers 2017


 Kentucky First Time Home Buyer Common Questions and Answers: ∘ 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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New Credit Requirements for Kentucky USDA Rural Development Loans Starting 12/1/2014


New Credit Requirements for Kentucky USDA Rural Development Loans Starting 12/1/2014. via New Credit Requirements for Kentucky USDA Rural Development Loans Starting 12/1/2014.