Category Archives: usda

2020 KENTUCKY FIRST TIME HOME BUYER PROGRAMS


2020 KENTUCKY FIRST TIME HOME BUYER PROGRAMS

Can you get a USDA Rural Housing loan with the Government Shutdown in 2019?


Originally posted on Kentucky USDA Mortgage Lender for Rural Housing Mortgage Loans:
USDA Rural Housing Loans in Kentucky Cannot Be Closed Currently! The U.S. Department of Agriculture will not issue new Kentucky  USDA Direct Loans or Kentucky Guaranteed Loans 502. Current Scheduled closings of  Kentucky Direct Rural Housing Loans are being canceled and unless your…

How do Student Loans Affect Your Chances of getting approved for a Kentucky Mortgage Loan?


 conventional loan guidelines student loans

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 Home Buyers. Purchase a Home No Money Down.


         Kentucky Home Buyers Program Summary below 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 costs due to the lender giving you a lender credit back […]
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What is the minimum credit score I need to qualify for a Kentucky FHA, VA, USDA and KHC Conventional mortgage loan in 2019?


What is the minimum credit score I need to qualify for a Kentucky mortgage currently in 2019? Question: What is the current minimum credit scores needed to qualify for a Kentucky mortgage Loan in 2019? Answer: The minimum credit score needed to qualify for a Kentucky mortgage depends on the type of loan program you are looking […]
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Property Flipping Rules for Mortgages for FHA VA USDA Conventional Appraisals


Property Flipping Rules for Mortgages for FHA VA USDA Conventional Appraisals

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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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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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.