Category Archives: Uncategorized

Congress Passes VA Loan Bill for Kentucky VA Home Buyes


Originally posted on Kentucky VA Mortgage Lender:
The President is expected to sign H.R. 299, the ‘Blue Water Navy Vietnam Veterans Act.’ This legislation includes language which will eliminate the cap on the VA home loan guarantee. Source: Congress Passes VA Loan Bill

Kentucky VA Mortgage Loan Guide for Foreclosures, Bankruptcy, and short sales or deed in lieu.


Originally posted on Kentucky VA Mortgage Lender:
? Foreclosure and Bankruptcy Guidelines For Kentucky VA Home Mortgage Loans in 2019 and 2020 Kentucky VA Loan Guide for Foreclosures, Bankruptcy, and short sales or deed in lieu. Follows guidelines provided for bankruptcies filed under straight liquidation (Chapter 7) The fact that a home loan foreclosure in…

2019 Kentucky First Time Home Buyer Loan Programs


Originally posted on Louisville Kentucky Mortgage Loans:
via 2019 Kentucky First Time Home Buyer Loan Programs

Using Your Veterans Benefit to Buy a Home In Kentucky


Originally posted on Kentucky VA Mortgage Lender:
? ? ? Probably one of the most talked about GI benefits is the VA Home Loan. You’ve probably heard of it, but have you ever thought of it using it? Learn what it is & how can it help you here. Using Your Veterans Benefit to Buy…

Do bad debt or collections have to be paid off to get a VA loan approval in Kentucky


Originally posted on Louisville Kentucky Mortgage Loans:
? via Do bad debt or collections have to be paid off to get a VA loan approval in Kentucky

“Grossing-Up” Non-Taxable Income for a Kentucky Mortgage Loan Approval


Originally posted on Louisville Kentucky Mortgage Loans:
“Grossing-Up” Non-Taxable Income Did you know that you can gross up non-taxable income? You may gross up non-taxable income for income qualifying purposes. The non-taxable income source being “grossed-up” must be documented. Non-taxable income refers to types of income not subject to federal taxes, which includes, but is…

How are collections treated on a Mortgage loan in Kentucky for a FHA and Conventional Loan Approval?


Collection Account Tips for Fannie Mae and FHA Loan in Kentucky. Do they have to be paid to get approved for a Kentucky Mortgage Loan? Collection accounts  on the credit report can sometimes hurt your chances of getting approved for a Kentucky Mortgage loan in Two ways: First, if collections are recent, they may drag […]
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Louisville KY Mortgage Rates


Originally posted on Kentucky First Time Home Buyer Loan Programs for FHA, VA, KHC, USDA, Mortgage Loans in Kentucky for 2019:
Louisville KY Mortgage Rates. ? Louisville KY Mortgage Rates Louisville Kentuckly  Mortgage rates have fluctuated as a result of declining Louisville KY housing prices and decreasing available credit. People are having a hard time finding…

Kentucky Homebuyers Down Payment Grants for 2019


List of  Kentucky Homebuyers Down Payment Grants for 2019         1. Covington Homebuyer Assistance Program for 2019   Up to $5000 Grant to buy a home in the Northern Kentucky Area of The Homebuyer Assistance Program for 2019 is funded through the HOME Program and administered by the Northern Kentucky HOME Consortium […]
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Business Paid Debt for Self-Employed Borrowers in Kentucky For Mortgage Loans.


Originally posted on Louisville Kentucky Mortgage Loans:
Business Paid Debt for Self-Employed Borrowers – Can I exclude it? Guidelines below for Kentucky Fannie Mae, Freddie Mac, FHA Loans,  VA loans and USDA Rural Housing Loans in Kentucky  ? ? ? Joel Lobb Mortgage Loan Officer Individual NMLS ID #57916   American Mortgage Solutions, Inc. 10602…