kentucky housing corp income limits for 2024 – Kentucky FHA Mortgage Lender

Kentucky Housing Corp KHC New income limits and Purchase Price Limits for 2024 Kentucky Homebuyer’s

The income limitations listed below are imposed by federal law. Failure to comply with them may create adverse consequences for Kentucky Housing Corporation and its bondholders.
Funding Source: MRB (Purchase Price Limit – $510,939)
County	1-2 Person	3+ Person	County	1-2 Person	3+ Person	County	1-2 Person	3+ Person
Adair**	80,800	92,920	Grant	87,480	102,060	McLean	92,325	106,174
Allen	86,160	100,520	Graves	84,720	98,840	Meade	91,005	104,656
Anderson	91,345	105,047	Grayson	80,800	92,920	Menifee	96,960	113,120
Ballard	88,440	103,180	Green**	80,800	92,920	Mercer	92,105	105,921
Barren**	80,800	92,920	Greenup**	85,560	99,820	Metcalfe	96,960	113,120
Bath	96,960	113,120	Hancock	92,325	106,174	Monroe**	80,800	92,920
Bell	96,960	113,120	Hardin	93,245	107,232	Montgomery	85,920	100,240
Boone**	104,800	120,520	Harlan	96,960	113,120	Morgan	96,960	113,120
Bourbon	95,200	109,480	Harrison	93,120	107,324	Muhlenberg	86,400	100,800
Boyd**	85,560	99,820	Hart**	80,800	92,920	Nelson	91,605	105,346
Boyle	88,800	103,600	Henderson**	92,245	106,082	Nicholas	83,760	97,720
Bracken	104,800	120,520	Henry	96,400	110,860	Ohio	80,800	92,920
Breathitt	96,960	113,120	Hickman	87,480	102,060	Oldham	96,400	110,860
Breckinridge	84,360	98,420	Hopkins**	82,800	96,600	Owen	86,400	100,800
Bullitt	96,400	110,860	Jackson	96,960	113,120	Owsley	96,960	113,120
Butler	80,800	93,940	Jefferson**	96,400	110,860	Pendleton	104,800	120,520
Caldwell	80,800	93,660	Jessamine	95,200	109,480	Perry	96,960	113,120
Calloway**	90,720	105,840	Johnson	96,960	113,120	Pike	96,960	113,120
Campbell**	104,800	120,520	Kenton**	104,800	120,520	Powell	96,960	113,120
Carlisle	84,360	98,420	Knott	96,960	113,120	Pulaski**	80,800	92,920
Carroll	80,800	92,920	Knox	96,960	113,120	Robertson	96,960	113,120
Carter	96,960	113,120	Larue	93,245	107,232	Rockcastle	96,960	113,120
Casey	96,960	113,120	Laurel**	80,800	92,920	Rowan	96,960	113,120
Christian**	92,785	106,703	Lawrence	96,960	113,120	Russell	81,840	95,480
Clark**	95,200	109,480	Lee	96,960	113,120	Scott**	95,200	109,480
Clay	96,960	113,120	Leslie	96,960	113,120	Shelby	100,500	115,575
Clinton	96,960	113,120	Letcher	96,960	113,120	Simpson	87,000	101,500
Crittenden	92,040	107,380	Lewis	96,960	113,120	Spencer	96,400	110,860
Cumberland**	80,800	92,920	Lincoln**	80,800	92,920	Taylor	84,720	98,840
Daviess**	92,325	106,174	Livingston	86,040	100,380	Todd	84,720	98,840
Edmonson	91,765	105,530	Logan	88,800	103,600	Trigg	92,785	106,703
Elliott	96,960	113,120	Lyon	92,485	106,358	Trimble	93,005	106,956
Estill	96,960	113,120	Madison**	92,045	105,852	Union	84,360	98,420
Fayette**	95,200	109,480	Magoffin	96,960	113,120	Warren**	91,765	105,530
Fleming**	80,800	92,920	Marion	85,680	99,960	Washington	92,245	106,082
Floyd	96,960	113,120	Marshall	92,405	106,266	Wayne	96,960	113,120
Franklin	91,985	105,783	Martin	96,960	113,120	Webster	81,240	94,780
Fulton**	80,800	92,920	Mason**	82,560	96,320	Whitley	96,960	113,120
Gallatin	104,800	120,520	McCracken**	92,285	106,128	Wolfe	96,960	113,120
Garrard**	87,120	101,640	McCreary	96,960	113,120	Woodford	95,200	109,480
Counties in Green are Targeted d Census Tracts

The income limitations listed below are imposed by federal law. Failure to comply with them may create adverse consequences for Kentucky Housing Corporation and its bondholders
Funding Source: MRB (Purchase Price Limit – $510,939)
County	Census Tracts	1-2 Persons	3+ Persons
Adair	9703.00	96,960	113,120
Barren	9504.01, 9506.01	96,960	113,120
Boone	0703.01	125,760	146,720
Boyd	0302.00, 0303.00, 0308.00	96,960	113,120
Calloway	0103.03, 0104.00	96,960	113,120
Campbell	0501.00, 0506.00	125,760	146,720
Christian	2002.00, 2003.00, 2008.00, 2015.02	96,960	113,120
Clark	0201.06, 0202.01	114,240	133,280
Cumberland	9502.00	96,960	113,120
Daviess	0003.00	99,120	115,640
Fayette	0004.00, 0018.00, 0019.00, 0020.01	114,240	133,280
Fleming	9201.00, 9204.00	96,960	113,120
Fulton	9601.00	96,960	113,120
Garrard	9703.00	96,960	113,120
Green	9302.00, 9303.00	96,960	113,120
Greenup	0406.00	96,960	113,120
Hart	9703.02, 9704.00	96,960	113,120
Henderson	0203.00	99,600	116,200
Hopkins	9704.00, 9706.00	96,960	113,120
Jefferson	0002.01, 0004.00, 0006.00, 0009.00, 0014.00, 0018.00, 0023.00, 0024.01, 0027.00, 0030.00, 0035.02, 0038.00, 0041.00, 0043.01, 0043.02, 0050.00, 0059.01, 0059.02, 0065.00, 0110.07, 0127.01	115,680	134,960
Kenton	0651.00, 0671.00	125,760	146,720
Laurel	9701.00, 9702.01, 9702.02, 9703.00, 9705.00, 9709.00,9710.01 9710.03	96,960	113,120
Lincoln	9201.03, 9203.01, 9204.00	96,960	113,120
Madison	0102.02, 0103.02, 0103.03, 0104.00, 0105.00, 0112.01, 0112.02, 0113.01,	100,800	117,600
Mason	9602.02	96,960	113,120
McCracken	0301.00, 0302.00	99,360	115,920
Monroe	9302.00, 9304.00	96,960	113,120
Pulaski	9301.01, 9302.02, 9303.01, 9303.02, 9304.01, 9306.00, 9308.01, 9308.02, 9311.01, 9311.04,	96,960	113,120
Scott	0401.01	114,240	133,280
Warren	0102.00, 0103.00, 0108.04	102,480	119,560

Mortgage Revenue Bonds (MRB)

Informational Flyer
First-time homebuyers statewide in non-targeted areas
First-time and repeat homebuyers statewide in targeted areas
30-year fixed interest rate
Principal residence ONLY
Purchase Price Limit: $510,939
Borrower must meet KHC’s MRB Income Limits

Joel Lobb Mortgage Loan Officer

American Mortgage Solutions, Inc.
10602 Timberwood Circle
Louisville, KY 40223
Company NMLS ID #1364

Text/call: 502-905-3708

email: kentuckyloan@gmail.com

http://www.mylouisvillekentuckymortgage.com/

NMLS 57916 | Company NMLS #1364/MB73346135166/MBR1574

The view and opinions stated on this website belong solely to the authors, and are intended for informational purposes only. The posted information does not guarantee approval, nor does it comprise full underwriting guidelines. This does not represent being part of a government agency. The views expressed on this post are mine and do not necessarily reflect the view of my employer. Not all products or services mentioned on this site may fit all people.
NMLS ID# 57916, (www.nmlsconsumeraccess.org).

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.

Mortgage Revenue Bonds (MRB)

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