Category Archives: Tips to ensure your Kentucky mortgage closes smoothly

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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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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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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$10,000 Down payment Assistance Grant for Kentucky First Time Home buyers 2017


 Kentucky First Time Home Buyer Common Questions and Answers:     $10,000 Down Payment Grant from KY Housing for Jefferson, Hardin, Christian, and Kenton Counties of Kentucky Homebuyers in these counties. First Come, First Serve.   Get Ready Louisville Kentucky First Time Home Buyers. KHC is offer $4 million in funding available with new reservations […]
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Kentucky Fannie Mae HomePath Mortgage Loan


Kentucky Fannie Mae HomePath Mortgage Loan. via Kentucky Fannie Mae HomePath Mortgage Loan.  Fannie Mae Homepath , Adjustable-rate mortgage, Co-signing, Credit history, Credit score, Down payment, Fannie Mae, Fannie Mae HomePath, Federal Housing Administration,Kentucky, kentucky fha rates, kentucky housing corp, ky first time home buyer, Lexington Kentucky,Loan, Loan-to-value ratio, Louisville Kentucky, Mortgage denied, Mortgage insurance, Mortgage loan, Rates Today, United States Department of Agriculture. — Joel Lobb  Senior  Loan Officer (NMLS#57916) American Mortgage Solutions, Inc. […]
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A Complete Guide to Closing Costs


  A Complete Guide to Closing Costs.    Complete Guide to Closing Costs A Complete Guide to Closing Costs Types of Closing Costs Let’s talk briefly about the types of closing costs you might encounter and how much those costs tend to run. Understand that closing costs, especially tax-related costs, will vary widely depending on […]
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Louisville Kentucky First Time Home Buyer Booklet From HUD from Louisville Kentucky Mortgage Lender


Louisville Kentucky First Time Home Buyer Booklet From HUD from Louisville Kentucky Mortgage Lender

Credit Fico Score for a Kentucky Mortgage FHA VA KHC


Fannie Mae According to the “Washington Post,” Fannie Mae raised its minimum credit score for conventional loans in 2009 from 580 to 620. Even if you have a 20-percent down payment, you can be rejected if your score is below 620. Fannie Mae will also reject a loan if more than 45 percent of your […]
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Tips to ensure your Kentucky mortgage closes smoothly


Tips to ensure your Kentucky mortgage closes smoothly Tips to ensure your Kentucky  mortgage closes smoothly: Credit Cards / New debt: Once you have applied for a mortgage, do not apply for new debt or credit cards, even if you do not plan to use them until after settlement. When you buy a home, you […]
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