Tag Archives: va


The Ins and Outs of IDA       Kentucky Individual Development Accounts (IDAs) are a great way to help borrowers realize their dream of home ownership in Kentucky .   A IDA is a special savings account that matches deposits of low to moderate income individuals and is designed to encourage good savings habits. […]
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KHC Loan Programs


KHC Loan Programs. KHC offers two different funding sources: Secondary Market and MRB. SECONDARY MARKET FUNDING SOURCE First-time and repeat homebuyers statewide 30-year fixed interest rate Principle residence ONLY Purchase Price Limit: $243,000 Borrower must meet KHC’s Secondary Market Income Limits Conventional No Mortgage Insurance Program Minimum credit score of 660 3 percent down payment […]
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Obtaining new financing after a Short Sale or Foreclosure for a Kentucky USDA, FHA, VA, and Fannie Mae Loan


  Kentucky Mortgage Short Sale: Conventional Loans Require: Minimum 2 years with restrictions up to 7 years 2 to 4 years – 80% maximum LTV 4 to 7 years – 90% maximum LTV 7 years and after allow for maximum standard financing Kentucky FHA and Kentucky VA Loans Require: 3 years, with exceptions possible for […]
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Down Payment Assistance Program for Jefferson County Kentucky Louisville


Down Payment and Closing Costs Assistance for Jefferson County Kentucky Metro Area home buyers Kentucky Housing recognizes that down payments, closing costs and prepaids are stumbling blocks for many potential home buyers. Here are several loan programs to help. Your KHC-approved lender can help you apply for the program that meets your need. Regular DAP Purchase price up […]
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Kentucky Fannie Mae HomePath Mortgage Loan


Kentucky Fannie Mae HomePath Mortgage Loan. via Kentucky Fannie Mae HomePath Mortgage Loan.  Fannie Mae Homepath , Adjustable-rate mortgage, Co-signing, Credit history, Credit score, Down payment, Fannie Mae, Fannie Mae HomePath, Federal Housing Administration,Kentucky, kentucky fha rates, kentucky housing corp, ky first time home buyer, Lexington Kentucky,Loan, Loan-to-value ratio, Louisville Kentucky, Mortgage denied, Mortgage insurance, Mortgage loan, Rates Today, United States Department of Agriculture. — Joel Lobb  Senior  Loan Officer (NMLS#57916) American Mortgage Solutions, Inc. […]
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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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Down-payment Assistance Programs Louisville and Kentucky


Down-payment Assistance Programs Louisville and Kentucky. via Down-payment Assistance Programs Louisville and Kentucky. Related Articles Louisville Kentucky First Time Home Buyer Loans (kentuckyvaloan.com) Down-payment Assistance Programs Louisville and Kentucky (louisvillekymortgage.net) Kentucky Housing or KHC Interest Rate: 2.50% without Down Payment Assistance 3.00% with Down Payment Assistance (mylouisvillekentuckymortgage.com) Louisville Kentucky VA Mortgage Requirements for income and […]
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Louisville Home Sales at Six Year High


Louisville Home Sales at Six Year High.     LOUISVILLE, Ky.  —  Homes sales in Louisville and the surrounding area, continue to do well. The Greater Louisville Association of Realtors has released year to date figures showing the number of homes sold, and the average sale prices, are both at six year highs. Association President Paul […]
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Kentucky VA Loan Limits for 2013


Kentucky VA Loan Limits for 2013. via Kentucky VA Loan Limits for 2013. VA Loan Eligibility What is the VA Loan entitlement? Veterans, service members and others who qualify have what is called an entitlement, which is basically a promise from the Department of Veterans Affairs to provide a financial guaranty on a mortgage issued by one […]
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The Top 5 Ways to Get a Stress-Free Mortgage


The Top 5 Ways to Get a Stress-Free Mortgage.     “Low Rates and Fast Closings!- Honest, Friendly local advice.” Mortgage Broker or Lender at Key Financial Mortgage of Kentucky NMLS #1800 Louisville, KY License: NMLS #57916 (502) 905-3708 Contact Me       Find me online KentuckyLoanhttp://louisvillemortgageguide.comhttp://kentuckyusdaloan.comKentucky FHA loan GuideKentucky First Time Home Buyer […]
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