Help for Underwater FHA borrowers

Louisville Kentucky FHA Streamline Mortgage Refinance

B.Richrealty and Mortgage's avatarB.Rich Realty - Whats Real In California Real Estate?

Yes.  FHA Streamline loan refinances existing FHA loans; The loan program does not care if you are underwater; in fact the program encourages underwater loans; no appraisal, no income documentation, no employment verification; no credit score requirements!  How great is this?  If this loan is for you, call B.Rich Realty and Mortgage at 714-680-0210. 

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Kentucky Mortgage Refinance Questions to ask: Kentucky Housing VA FHA KHC USDA and FNMA

Joel Lobb
Senior Loan Officer
(NMLS#57916)

American Mortgage Solutions, Inc.
10602 Timberwood Circle, Suite 3
Louisville, KY 40223

phone: (502) 905-3708
Fax: (502) 327-9119
kentuckyloan@gmail.com

http://www.mylouisvillekentuckymortgage.com/

Kentucky Mortgage Broker Offering FHA, VA, USDA, Conventional, and KHC Down Payment Assistance Home Loans's avatarLouisville Kentucky Mortgage Loans

Kentucky Mortgage Refinance Questions to ask: Kentucky Housing VA FHA KHC USDA and FNMA

Source: Kentucky Mortgage Refinance Questions to ask: Kentucky Housing VA FHA KHC USDA and FNMA

Kentucky FHA Refinance of Mortgage loan. 

  • 580 minimum score for credit
  • Appraisal required sometimes, but not always.
  • Maximum LTV/CLTV 97.75 percent (97.75 percent CLTV).
  • 30-year term.
  • Conventional, RHS, VA, or FHA existing loans.

Kentucky Rural housing Refinance Program

  • 620 minimum credit score
  • No appraisal required
  • Must have made timely mortgage payments for the last 12 months
  • 30-year term
  • RHS existing 502 guaranteed loan

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Image result for refinance a mortgage loan process

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Louisville Kentucky Mortgage Lender for FHA, VA, KHC, USDA and Rural Housing Kentucky Mortgage

Kentucky First Time Home Buyer Programs for 2017

100% Financing, Zero Down Payment Kentucky Mortgage Home Loans for Kentucky First time Home Buyers

Kentucky Mortgage Broker Offering FHA, VA, USDA, Conventional, and KHC Down Payment Assistance Home Loans's avatarLouisville Kentucky Mortgage Loans

100% Financing, Zero Down Payment Kentucky Mortgage Home Loans for Kentucky First time Home Buyers

Source: Kentucky First Time Home Buyer Programs for 2017

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FHA 203k Rehab Loan Kentucky FHA Loan Guidelines

FHA 203k Rehab Loan Kentucky FHA Loan Guidelines

Kentucky Mortgage Broker Offering FHA, VA, USDA, Conventional, and KHC Down Payment Assistance Home Loans's avatarKentucky First-Time Home Buyer Programs | USDA, FHA, VA & KHC Loans

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FHA 203k Rehab Loan Kentucky FHA Loan Guidelines.

FHA 203k Kentucky FHA Loan Guidelines

Frequently asked Questions and Answers on FHA 203k Rehab loans for Kentucky
Home buyers. –

203k Streamline Webinar

  1. Q: What is the difference between the streamline 203k and the regular 203k?

a: The streamline 203k has a cap of $35,000 including fees, with no minimum repair cost. It is designed as a “refurbish and rehab” loan for borrowers to finance non-structural and cosmetic repairs only. The full 203k may be used for structural repairs and room additions as well.

  1. Q: Can the $35,000 cap on repairs be exceeded by soft costs?

a: No – the streamline 203k caps at $35,000 including all costs.

  1. Q: Define soft costs?

a: Soft costs are the closing costs associated with the 203k loan – they include up to 2 inspection fees (approx $150/each), and appraisers compliance inspection report…

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