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%

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%

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

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.

Kentucky Mortgage Broker Offering FHA, VA, USDA, Conventional, and KHC Down Payment Assistance Home Loans mi changes for FHA, mip, Mortgage Insurance UFMIP

Understanding PMI

Understanding PMI.

via Understanding PMI.

Understanding PMI

Trust me for your next FHA loan Call 502-905-3708
Trust me for your next FHA loan Call 502-905-3708

Joel Lobb (NMLS#57916)
Senior  Loan Officer
502-905-3708 cell
502-813-2795 fax
jlobb@keyfinllc.com

Key Financial Mortgage Co. (NMLS #1800)*
107 South Hurstbourne Parkway*
Louisville, KY 40222*

Steps for refinancing FHA Mortgage Loans

Related Articles
Kentucky Mortgage Broker Offering FHA, VA, USDA, Conventional, and KHC Down Payment Assistance Home Loans credit scores, Credit Scores/Credit Reports

What is the 2012 Credit Score Range Needed for an FHA Loan?

What is the 2012 Credit Score Range Needed for an FHA Loan?.

Kentucky Mortgage Broker Offering FHA, VA, USDA, Conventional, and KHC Down Payment Assistance Home Loans HUD HOMES $100 Down

Louisville Kentucky $100 Down HUD program

Louisville Kentucky $100 Down HUD program

502-905-3708 or email kentuckyloan@gmail.com for your FHA Mortgage Loan Application for the HUD $100 Down loan program in Louisville Kentucky and Jefferson County Kentucky

Here is what you need to know:  When someone’s Louisville Kentucky  FHA loan goes into foreclosure, that home becomes a HUD home.   HUD becomes the owner of the home and offers the home for sale to recover the loss on the foreclosure.   This can create a big opportunity for Louisville Kentucky  First Time Home Buyers, because HUD will allow you to obtain an FHA loanand instead of 3.5% down, you only have to put $100 down.

Other things to consider:

  • The program is only for primary residences (No Investors)
  • FHA loans only
  • You can ask for closing cost up to 3%
  • You will still have to put $500-1,000 down in earnest money
  • You can get up to $5,000 in repairs (conditions apply)

So you’re asking how do I find these homes.   As mentioned, only certain homes are available for the $100 down HUD program, so you need a Realtor that is knowledgeable about the program and has access to the bidding process.  The bidding process can be overwhelming unless you are working with the right people.  Call me today to get pre-approved and I can refer you to a Realtor in your area that can get you a home, with only $100 down.

 

Related Articles