Tag Archives: Credit Reports

Credit Score Information For Kentucky Home buyers


Credit Scores are important for getting approved for a Mortgage in Kentucky.

A Complete Guide to Closing Costs in Kentucky


Who  pays Closing costs in Kentucky? How much is closing Costs in Kentucky? A Complete Guide to Closing Costs.  Complete Guide to Closing Costs in Kentucky 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 […]
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Does bad debt, collections, or charge offs on credit report have to be paid off to get a VA loan approval in Kentucky


Collections on Credit Report and How They affect a Kentucky VA Mortgage Loan Approval   Collection accounts are accounts for a debt that have been submitted to a collection agency by the creditor generally due to nonpayment. Below are general tips and guidance on what DU will require when collection accounts are reporting on a borrower’s […]
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FHA Mortgage Requirements for Louisville Ky First Time Home Buyers


FHA Mortgage Requirements for Louisville Ky First Time Home Buyers. via FHA Mortgage Requirements for Louisville Ky First Time Home Buyers.

Debt to Income Ratios for A Kentucky Mortgage Loan


Debt to Income Ratios for A Kentucky Mortgage Loan There are two debt-to-income (DTI) ratios on every loan: housing or front-end ratio and total or back-end ratio. The housing ratio tells us what percentage of the borrower’s monthly gross income is allocated toward the monthly principal, interest, tax, and insurance (PITI) payment. The total ratio […]
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FHA expands mortgage backing to the once bankrupt | 2013-08-16 | HousingWire


FHA expands mortgage backing to the once bankrupt | 2013-08-16 | HousingWire.

Louisville Kentucky FHA, VA, USDA, and Fannie Mae Mortgage Loan Guidelines for 2013


Louisville Kentucky FHA, VA, USDA, and Fannie Mae Mortgage Loan Guidelines for 2013   FHA Business as usual for; Case numbers CAIVRS FHA TOTAL Scorecard Upfront Mortgage Insurance Premiums Endorsements (may be delays due to reduced staff) Loss mitigations Submission of monthly MIP is required filing claims and conveyance of property is permitted FMC will continue […]
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For short-sellers, good news: Your wait to buy could be cut | Business & Technology | The Seattle Times


For short-sellers, good news: Your wait to buy could be cut | Business & Technology | The Seattle Times. Related Articles Short Seller Massacre: Wrong Or Just Early? (ycharts.com) 5 Stocks Crushing the Short Sellers (investorplace.com) Join Seattle Times Seahawks coverage team for The Huddle on Sept. 5 (blogs.seattletimes.com) The Dow’s 5 Most Hated Stocks […]
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Kentucky Foreclosed Homes Link


Kentucky Foreclosed Homes Link. via Kentucky Foreclosed Homes Link. Related Articles Louisville Kentucky First Time Home Buyer Loans (kentuckyvaloan.com) Kentucky Housing or KHC Interest Rate: 2.50% without Down Payment Assistance 3.00% with Down Payment Assistance (mylouisvillekentuckymortgage.com) Kentucky Down payment Grants for buying a home (kentuckyusdaloan.com) Kentucky USDA Rural Housing Home Loans (louisvillemortgageguide.com) 100% Financing Zero […]
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FHA Facts…


FHA Facts…. via FHA Facts…. acts you probably didn’t know about FHA loans Traditionally FHA mortgages were used to help first time home buyers with non-traditional credit backgrounds.  However FHA mortgages have increased in popularity over the last few years.  The low 3.5% down payment has helped buyers with limited savings to get into a […]
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