Category Archives: VA

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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2017 Kentucky VA LOAN LIMITS


Originally posted on Louisville Kentucky Mortgage Loans:
December 6, 2016   2017 KENTUCKY VA LOAN LIMITS VA has announced loan limit changes for the year 2017. The base limit will be increased to $424,100 for 2017 for all Kentucky VA Home Loans.  This li… Source: 2017 Kentucky VA LOAN LIMITS

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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Louisville Kentucky First Time Home Buyer Programs and Resources


Louisville Kentucky First Time Home Buyer Programs and Resources. via Louisville Kentucky First Time Home Buyer Programs and Resources. —   Joel Lobb Senior  Loan Officer (NMLS#57916)   American Mortgage Solutions, Inc. 800 Stone Creek Pkwy, Ste 7, Louisville, KY 40223 phone: (502) 905-3708  Fax:     (502) 327-9119 kentuckyloan@gmail.com    Company ID #1364 | MB73346 http://mylouisvillekentuckymortgage.com/  

Louisville Ky VA Loans


Louisville Ky VA Loans. via Louisville Ky VA Loans. VA Circulars   http://www.homeloans.va.gov/new.htm  VA Handbook    http://www.benefits.va.gov/warms/pam26_7.asp  VA County Limits    http://www.benefits.va.gov/homeloans/loan_limits.asp  VA Condo Lookup    https://vip.vba.va.gov/portal/VBAH/VBAHome/condopudsearch  Joel Lobb Senior  Loan Officer (NMLS#57916)   American Mortgage Solutions, Inc. 800 Stone Creek Pkwy, Ste 7, Louisville, KY 40223 phone: (502) 905-3708  Fax:     (502) 327-9119 kentuckyloan@gmail.com    Company ID #1364 | MB73346 […]
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Kentucky VA Funding Fee info for 2013 Mortgage Loans


  Kentucky VA Funding Fee info for 2013 Mortgage Loans Funding FEE Funding Fee may be waived for disabled veterans. Purchase Loans Type of Veteran Down Payment Percentage for 1sttime use Percentage for subsequent use Regular Military <5% >5% but <10% 10% or more 2.15% 1.50% 1.25% 3.30% 1.50% 1.25% Reserves/ National Guard <5% >5% […]
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The Big 3 Govie Loans: Comparing VA to FHA and USDA


The Big 3 Govie Loans: Comparing VA to FHA and USDA.   Table 3. Ginnie/USDA Highlights and Comparison to Ginnie/FHA Program Attribute Ginnie/USDA Ginnie/FHA Geography Includes 34% of U.S population.* This is much higher than in other definitions of “rural.” 1. About 16% of the population live outside of metro areas. 2. About 23% of […]
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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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