Kentucky FHA Mortgage Lender

July 29, 2013July 30, 2013 Kentucky Mortgage Broker Offering FHA, VA, USDA, Conventional, and KHC Down Payment Assistance Home Loans Good Neighbor Next Door Sales Program

The Good Neighbor Next Door Sales Program

The Good Neighbor Next Door Sales Program was established December 1, 2006. This program as many others are revised and/or clarified periodically by a HUD mortgagee letter. Mortgagee Letter 2013 â€“ 20, dated June 12, 2013 was issued to further clarify the program.

via The Good Neighbor Next Door Sales Program.

“Low Rates and Fast Closings!- Honest, Friendly local advice.”

Mortgage Broker or Lender at Key Financial Mortgage of Kentucky NMLS #1800

http://louisvillemortgageguide.com

http://kentuckyusdaloan.com
Kentucky FHA loan Guide
Kentucky First Time Home Buyer Loan

Joel Lobb is a Licensed Mortgage Originator: NMLS #57916. Key Financial Mortgage NMLS # 1800 is a licensed Mortgage Broker Company in the State of Kentucky

Legal Disclaimer
*

This web site is not the FHA, VA, USDA, HUD or any other government organization responsible for managing, insuring, regulating or issuing residential mortgage loans.

**Download Fair Housing Booklet – CLICK HERE

All approvals and rates are not guaranteed, and are only issued based on standard mortgage qualifying guidelines.

Louisville Ky Mortgage Lender FHA/VA KHC USDA Kentucky Mortgage: Good Neighbor Next Door Program offered thru HUD (louisvillekentuckyvamortgage.blogspot.com)
Good Neighbor Next Door Program offered thru HUD (mylouisvillekentuckymortgage.com)
Louisville Ky Mortgage Lender FHA/VA KHC USDA Kentucky Mortgage: 100% FINANCING Louisville Kentucky Mortgage (louisvillekentuckyvamortgage.blogspot.com)
HUD Good Neighbor Program Home Foreclosure Deal (kentuckyfirsttimehomebuyer.com)
Louisville Ky Mortgage Lender FHA/VA KHC USDA Kentucky Mortgage: Get a HUD Home for $100 Down (louisvillekentuckyvamortgage.blogspot.com)
Kentucky HUD Homes for Sale with the FHA $100 Down Program (louisvillemortgageguide.com)
Jumbo mortgage loans are back on the table – The Santa Fe New Mexican: Home/Real Estate (louisvillekymortgage.net)
The Top 5 Ways to Get a Stress-Free Mortgage (kentuckyfirsttimehomebuyer.com)
100% Financing Zero Down Payment Financing Kentucky Mortgages and Home loans: Kentucky HUD Homes for Sale with the FHA $100 Down… (louisvillekentuckyvamortgage.blogspot.com)

July 28, 2013July 28, 2013 Kentucky Mortgage Broker Offering FHA, VA, USDA, Conventional, and KHC Down Payment Assistance Home Loans KY FHA LOANS

FHA vs. Conventional Mortgage: Should I Refinance?

FHA vs. Conventional Mortgage: Should I Refinance?.

Federal Housing Administration. FHA loans, which allow as little as 3.5 percent down, have traditionally been the go-to source for buyers with low down payments.

FHA loans have the advantage of allowing down-payment money from a gift or grant from other agencies.

The rising costs of FHA loans and the mortgage insurance that is required of FHA borrowers, though, have made the loans less attractive. In addition, the insurance premium on new FHA loans, unlike on other loans, is for the life of the loan.

• Veterans Affairs. VA loans, which are available to active or honorably discharged veterans and their spouses, require no down payment and no private mortgage insurance

• U.S. Department of Agriculture. Like VA loans, USDA loans require no down payment. They are available only in areas considered rural by the federal government, have income restrictions and can carry large upfront fees.

Conventional loans. Conventional loans have gotten more flexible for those who can’t afford a full 20 percent down.

Many banks will lend up to 90 or even 95 percent of the property’s value. Such loans require a monthly private mortgage insurance fee, but the cost of such insurance has dropped while the cost of FHA insurance has risen, making conventional loans more attractive for those who can’t put 20 percent down.

Generally, the better a borrower’s credit score and the lower the debt-to-income ratio, the more likely a lender will allow a lower down payment.

“Conventional mortgage insurance now is much less expensive than FHA insurance,” Pausche said. “If you have the credit scores to qualify conventionally, it may be cheaper to put down 5 percent instead of going with FHA.”

In addition, Fannie Mae, the federal buyer of home mortgages, offers a program called My Community Mortgage that allows low- to moderate-income buyers to put down as little as 3 percent on a home.

Freddie Mac offers a similar program called Home Possible that allows buyers into homes with as little as 5 percent down, all of which can come from gifts.

Joel Lobb (NMLS#57916)
Senior Loan Officer
502-905-3708 cell
502-813-2795 fax
kentuckyloan@gmail.comKey Financial Mortgage Co. (NMLS #1800)*
107 South Hurstbourne Parkway*
Louisville, KY 40222*

http://mylouisvillekentuckymortgage.com

—
Posted By Blogger to Louisville Ky Mortgage Lender FHA/VA KHC USDA Kentucky Mortgage at 7/28/2013 10:11:00 AM

Louisville Mortgage Rates, Refinance, Louisville Kentucky Mortgage Rates for July 2013 (louisvillekentuckymortgagerates.com)
Conventional Mortgage Loan Basics (mortgagewithmemories.com)
FHA Facts… (realsolutions4realestate.wordpress.com)
The Top 5 Ways to Get a Stress-Free Mortgage (kentuckyfirsttimehomebuyer.com)
100% Financing Zero Down Payment Financing Kentucky Mortgages and Home loans: FHA, VA & RHS and Conventional Mortgages rates for… (louisvillekentuckyvamortgage.blogspot.com)
Louisville Kentucky FHA Loan (kentuckyfirsttimehomebuyer.com)
Louisville VA, FHA, USDA, KHC , Fannie Mae Mortgage Guide: The Top Eight Reasons to Use a VA Home Loan | Mili… (louisvillekentuckyvamortgage.blogspot.com)
Louisville Ky Mortgage Lender FHA/VA KHC USDA Kentucky Mortgage: 100% FINANCING Louisville Kentucky Mortgage (louisvillekentuckyvamortgage.blogspot.com)

July 26, 2013July 26, 2013 Kentucky Mortgage Broker Offering FHA, VA, USDA, Conventional, and KHC Down Payment Assistance Home Loans KY FHA LOANS

Low Income Mortgage, Affordable Housing & Homelessness

Low Income Mortgage, Affordable Housing & Homelessness.

Continue reading “Low Income Mortgage, Affordable Housing & Homelessness” →

July 21, 2013July 21, 2013 Kentucky Mortgage Broker Offering FHA, VA, USDA, Conventional, and KHC Down Payment Assistance Home Loans KY FHA LOANS

Kentucky Mortgage Resources to help save your home and get current on your mortgage

credit counseling, Fannie Mae, FHA, foreclousre, harp, home affordable refinance, jefferson county ky, Kentucky, kentucky welcome home grant, khc, Loan, louisville, Mortgage, national mortgage settlement, protect my kentucky home, reo, save your home, short sale, unemployment bridge, USDA,

via Kentucky Mortgage Resources to help save your home and get current on your mortgage.

July 18, 2013 Kentucky Mortgage Broker Offering FHA, VA, USDA, Conventional, and KHC Down Payment Assistance Home Loans Refinance, Refinance Streamline, Streamline

Louisville Kentucky FHA Loan Streamline Refinance

FHA Loan Streamline Refinance Program Is Helping USA Homeowners to Refinance Mortgage with Lower Mortgage Payments (via SBWire)

Market And The Mortgage Rate Prevalent In The Market Tend To Change Constantly. Today, Due To The Drastic Drop In The Housing, Millions Of People Are Suffering From Declined Worth Of Their Homes. In Order To Allow Them To Refinance Their Mortgage, FHA…

Continue reading →

July 14, 2013 Kentucky Mortgage Broker Offering FHA, VA, USDA, Conventional, and KHC Down Payment Assistance Home Loans KY FHA LOANS

2013 Louisville Kentucky Mortgage programs

Business, Credit and Collection, Credit history, Credit score, Fannie Mae, Federal Housing Administration, Federal takeover of Fannie Mae and Freddie Mac, FHA, FHA loan, First-time buyer, kentucky usda lenders, Loan, louisville, Refinancing, United States Department of Agriculture, USDA, VA loan, Zero down home loans

via 2013 Louisville Kentucky Mortgage programs.

July 1, 2013 Kentucky Mortgage Broker Offering FHA, VA, USDA, Conventional, and KHC Down Payment Assistance Home Loans KY FHA LOANS

Louisville Kentucky FHA, VA, KHC, Fannie Mae Mortgage Guidelines – Louisville Kentucky Mortgage

Louisville Kentucky FHA, VA, KHC, Fannie Mae Mortgage Guidelines – Louisville Kentucky Mortgage.

June 25, 2013June 25, 2013 Kentucky Mortgage Broker Offering FHA, VA, USDA, Conventional, and KHC Down Payment Assistance Home Loans KY FHA LOANS

Looks like it is getting more costly to purchase a home with FHA financing!

Looks like it is getting more costly to purchase a home with FHA financing!.

Kentucky USDA, FHA, VA, and Refinance Guidelines for 2013 (mylouisvillekentuckymortgage.com)
The Pros and Cons of VA Financing in Virginia Beach VA (kentuckyfirsttimehomebuyer.com)
100% Financing (kentuckyfirsttimehomebuyer.com)
Ky FHA Guidelines for mortgagee and Bankruptcy Foreclosures (trulia.com)
Realty Times – Get a HUD Home for $100 Down Get a HUD Home for $100 Down | Kentucky First Time Home Buyer Mortgage Loan (kentuckyfirsttimehomebuyer.com)
Louisville Kentucky mortgage rates (kentuckyusdaloan.com)
Steps for refinancing FHA Mortgage Loans (louisvillemortgageguide.com)
Louisville Kentucky FHA Mortgage Insurance Changes June 2013 (mylouisvillekentuckymortgage.com)
Could FHA require bailout? (bankrate.com)
Features Of An FHA Loan California Home Buyers Should Know Explained… (prweb.com)

June 24, 2013 Kentucky Mortgage Broker Offering FHA, VA, USDA, Conventional, and KHC Down Payment Assistance Home Loans KY FHA LOANS

Interest Rates

Interest Rates.

Reservation System Open Monday – Friday from 10:00 a.m. to 9:00 p.m.

Rates subject to change without notice.

Secondary Market Interest Rates — 45-Day Lock

Loan Type	Rate without Down Payment Assistance	Rate with Down Payment Assistance
FHA, VA & RHS 640 credit score AUS approval Purchases & Refinances	4.250%	4.750%
Conventional 680 credit score No MI required LTV 80.01% -97.00% *DU AUS approval Purchases	5.375%	5.375%

Loan Type

Rate without Down Payment Assistance

Rate with Down Payment Assistance

FHA, VA & RHS

640 credit score
AUS approval
Purchases & Refinances

4.250%

4.750%

Conventional

680 credit score
No MI required
LTV 80.01% -97.00%
*DU AUS approval
Purchases

5.375%

Mortgage Revenue Bond Interest Rates — 45-Day Lock

Loan Type	Rate without Down Payment Assistance	Rate with Down Payment Assistance
FHA, VA & RHS 640 credit score AUS approval Purchases	4.250%	4.750%
Conventional 680 credit score No MI required LTV 80.01% -97.00% *DU AUS approval Purchases	5.375%	5.375%

Loan Type

Rate without Down Payment Assistance

Rate with Down Payment Assistance

FHA, VA & RHS

640 credit score
AUS approval
Purchases

4.250%

4.750%

Conventional

680 credit score
No MI required
LTV 80.01% -97.00%
*DU AUS approval
Purchases

5.375%

* Run through DU for Approve/Eligible BEFORE reserving with KHC. Select HFA Preferred Risk Sharing program located on Additional Data Screen.

June 22, 2013 Kentucky Mortgage Broker Offering FHA, VA, USDA, Conventional, and KHC Down Payment Assistance Home Loans KY FHA LOANS

HUD Homeownership Center Reference Guide Refinances

HUD Homeownership Center Reference Guide Refinances.

via HUD Homeownership Center Reference Guide Refinances.

Customer Testimonials

We just moved here the first of January in 2017 from Ohio to the Louisville, KY area and we found Joel’s website online. He was quick to respond to us and got back the same day on our loan approval. He was very knowledgeable about the local market and kept us up-to date throughout the loan process and was a pleasure to meet at closing. Would recommend his services.

Angela Forsythe

“We were searching online for mortgage companies in Louisville, Ky locally to deal with and found Joel’s website, and it was a godsend. He was great to work with, and delivered on everything he said he would do. I ended up referring my co-worker at UPS, and she was very pleased with his service and rates too. Would definitely vouch for him.” September 2016

Monica Leinhardt

“We contacted Joel back in July 2011 to refinance our Mortgage and he was great to work with. We contacted several lenders locally and online, and most where taking almost 60 days to close a refinance, Joel got it done in 23 days start to finish,I would definitely recommend him. He got us 3.75% with just $900 in closing costs on our FHA Streamline loan.

Kayle Griffin

“Joel is one of the best Mortgage Brokers I have ever worked with in my sixteen years in the real estate and mortgage business.” May 25, 2010

Tim Beck

“Joel has always worked very hard to keep his word and to work out seasonable solutions to difficult problems. He is truly an expert in FHA and other type loans.” September 1, 2010

Nancy Nalley

“I have worked with Joel since 1998. He is a great loan professional.” I refer most of my Louisville, Kentucky area home buyers to him and he always take special care of them. August 23, 2012

Jon ClarK
“Joel Lobb is a real professional in the lending industry, with many years of experience, he is the one to go to for any mortgage lending needs.” August 22, 2011

RICHARD VOLZ , Residential Sales , Remax Foursquare Realty

“When looking to purchase our new home in 2006, I had the pleasure of meeting Joel Lobb. Not only was he personable and easy to reach, he was extremely knowledgable in his field and made sure to find us the best rate and a top notch mortgage company. We were able to complete the process in less than 3 weeks with his expertise. I find Joel to have the utmost high integrity and I recommend him to anyone who say’s they are need of mortgage assistance. He is also fantastic and keeping everyone up to date on the latest in the housing industry through his twitter posts. He provided great results for our family and we still communicate to this day!” August 21, 2010

Stacie Drake

“We first use Joel on our new home purchase in 2007 in St Matthews, Kentucky area and he was great to work with. We have since refinanced our home with him in 2010 when rates got really low and he has always delivered on what he says. I could not imagine using anyone else.”

Melody Glasscock March 2014

Absolutely Amazing!! I emailed Joel after I had just got a denial from a bank and just thought i would try to get some advice on what my next steps would be to get a house. I honestly didn’t expect to even get a reply because my credit is not great. That was about a week and a half ago. I just signed a contract on a house last night. ONLY because of Joel Lobb. He even worked with us throughout the weekend, which shocked me. Best decision I have ever made. THANK YOU SO MUCH FOR WORKING WITH US THROUGHOUT THE ENTIRE PROCESS.

Cee Bellisle August 2017

Contacted him about buying a home and he was great to work with. I was moving to Louisville Ky to take a new job and he walked me through the entire process. He explained to me all the different options for FHA, VA, USDA mortgage loans and credit score requirements versus Fannie Mae. Since I was a first time home buyer I needed alot of help and guidance. I would definitely recommend him. Fast to respond and available to answer questions that I or my realtor had after hours.

Anderson Johnson June 2018

We moved from Michigan to Northern Kentucky area and we were really impressed. We got a USDA loan no money down and closed in less than 3.5 weeks. We shopped around online with other lenders but Joel was always first to respond and his rates were just a little better than other lenders. He kept us informed through the process along with our realtor and there was absolutely no surprises like we heard from other co-workers and friends that they experienced in their loan process. We have already referred another co-worker to Joel . He’s AWESOME!

Patty Kingston

Website Fine Print The content provided on this website is presented or compiled by Joel Lobb and is provided for informational purposes only. It does not necessarily represent the views or opinions of his employer. Joel Lobb or his employer assumes any legal liability or responsibility for the accuracy, completeness, or usefulness of any information disclosed, or represents that its use would not infringe privately owned rights. The mortgage or financial services or strategies mentioned in this website may not be not suitable for you. This website participates as an Equal Opportunity Lender. All rights Reserved. Joel Lobb is a Licensed Mortgage Originator: NMLS #57916. Legal Disclaimer This web site is not the FHA, VA, USDA, HUD or any other government organization responsible for managing, insuring, regulating or issuing residential mortgage loans. **Download Fair Housing Booklet – CLICK HERE All approvals and rates are not guaranteed, and are only issued based on standard mortgage qualifying guidelines.

Disclaimer: No statement on this site is a commitment to make a loan. Loans are subject to borrower qualifications, including income, property evaluation, sufficient equity in the home to meet Loan-to-Value requirements, and final credit approval. Approvals are subject to underwriting guidelines, interest rates, and program guidelines and are subject to change without notice based on applicant’s eligibility and market conditions. Refinancing an existing loan may result in total finance charges being higher over the life of a loan. Reduction in payments may reflect a longer loan term. Terms of any loan may be subject to payment of points and fees by the applicant Equal Opportunity Lender. NMLS#57916 http://www.nmlsconsumeraccess.org/

— Some products and services may not be available in all states. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. The content in this marketing advertisement has not been approved, reviewed, sponsored or endorsed by any department or government agency. Rates are subject to change and are subject to borrower(s) qualification.

This policy is valid from 11 July 2013 This blog is a sponsored blog created or supported by a company, organization or group of organizations. For questions about this blog, please contact Joel Lobb 502-905-3708 or email kentuckyloan@gmail.com NMLS# 57916. This blog does not accept any form of advertising, sponsorship, or paid insertions. We write for our own purposes. However, we may be influenced by our background, occupation, religion, political affiliation or experience. This blog abides by word of mouth marketing standards. We believe in honesty of relationship, opinion and identity. The compensation received may influence the advertising content, topics or posts made in this blog. That content, advertising space or post will be clearly identified as paid or sponsored content. The owner(s) of this blog is not compensated to provide opinion on products, services, websites and various other topics. The views and opinions expressed on this blog are purely the blog owners. If we claim or appear to be experts on a certain topic or product or service area, we will only endorse products or services that we believe, based on our expertise, are worthy of such endorsement. Any product claim, statistic, quote or other representation about a product or service should be verified with the manufacturer or provider. This blog does contain content which might present a conflict of interest. This content will always be identified.

The content provided on this website is presented or compiled by Joel Lobb and is provided for informational purposes only. It does not necessarily represent the views or opinions of his employer. Joel Lobb or his employer assumes any legal liability or responsibility for the accuracy, completeness, or usefulness of any information disclosed, or represents that its use would not infringe privately owned rights. The mortgage or financial services or strategies mentioned in this website may not be not suitable for you. This website participates as an Equal Opportunity Lender. All rights Reserved. Joel Lobb is a Licensed Mortgage Originator: NMLS #57916. Legal Disclaimer This web site is not the FHA, VA, USDA, HUD or any other government organization responsible for managing, insuring, regulating or issuing residential mortgage loans. **Download Fair Housing Booklet – CLICK HERE All approvals and rates are not guaranteed, and are only issued based on standard mortgage qualifying guidelines.

Privacy Policy We take our clients' financial privacy very seriously. During the course of processing your application, we accumulate non-public personal financial information from you and from other sources about your income, your assets, and your credit history in order to allow a lender to make an informed decision about granting you credit. We restrict access to nonpublic personal information about you to those employees who need to know that information to provide products or services to you. We maintain physical, electronic, and procedural safeguards that comply with federal regulations to guard your nonpublic personal information. We collect nonpublic information about you from the following sources: (i) information we receive from you on applications or other forms; (ii) information about your transactions with us, our affiliates, or others; and (iii) information we receive from a consumer reporting agency. We do not disclose any nonpublic information about our customers or former customers to any third party, except as permitted by law.

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Reservation System Open Monday – Friday from 10:00 a.m. to 9:00 p.m.

Rates subject to change without notice.

Secondary Market Interest Rates — 45-Day Lock

Mortgage Revenue Bond Interest Rates — 45-Day Lock

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