Category Archives: Rural Deveoplment

Repair Escrows for Kentucky USDA, FHA, VA, Fannie Mae Home loans


  Most Kentucky mortgage lenders prefer that each property be 100% complete at the time of closing; however, there are situations that warrant exceptions for escrow holdbacks, such as weather-related circumstances, lack of materials available for finishing, foreclosure sales and short-sales where the seller cannot or will not allow property repairs to be completed prior […]
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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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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


There are 4 basic things that a borrower needs to show a lender in order to get approved for a mortgage. Each category has so many what ifs and sub plots that each box can read as it’s own novel. In other words, each category has so many variables that can affect what it takes […]
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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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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.

What are the property requirements for a USDA Rural Housing Loan in Kentucky?


What are the property requirements for a USDA Rural Housing Loan in Kentucky?. via What are the property requirements for a USDA Rural Housing Loan in Kentucky?.

Income Requirements for A Kentucky Rural Housing Loan Approval.


Income Requirements for A Kentucky Rural Housing Loan Approval.. via Income Requirements for A Kentucky Rural Housing Loan Approval..

Kentucky Rural Housing USDA Loan Changes for October 1, 2014 to Annual Guarantee Fee MI


Kentucky Rural Housing USDA Loan Changes for October 1, 2014 to Annual Guarantee Fee MI. via Kentucky Rural Housing USDA Loan Changes for October 1, 2014 to Annual Guarantee Fee MI.

Appraisal Rebuttals


Appraisal Rebuttals.