The Down Payment Assistance Program provides qualified Kentucky home buyers a loan to assist with purchasing a home which will be their primary residence.
Kentucky Home buyer households must have income no greater than 80% of median income, adjusted for family size.
All Kentucky Home buyers must complete HUD approved home ownership counseling before assistance can be committed. A Certificate of Completion from the counseling agency must be submitted with the application. Contact us at 502-905-3708 or email us at firstname.lastname@example.org The Government has revised its Down Payment Assistance Program increasing the amount of assistance.
Homebuyers are responsible for obtaining primary financing with a fixed rate mortgage from a reputable lender.
A Housing Quality Standards inspection will be conducted by a Louisville Metro inspector before closing. All deficiencies must be corrected and verified by re-inspection prior to closing
A HUD-1 closing statement must be received two working days (48 hours) prior to closing.
Applications will be accepted at any time. Assistance is granted on a first come, first serve basis. For more information about the Down Payment Assistance Program, please call 502-905-3708
Louisville Ky Down Payment Assistance Program Mortgage
Senior Loan Officer