Louisville Kentucky Mortgage Programs 2011

Louisville Kentucky Mortgage Programs

As an approved Louisville Kentucky Fannie Mae (FNMA) and Louisville Ky FHA mortgage professional, I offer a wide array of kentucky loan programs, including Kentucky First Time Home Buyers Programs, Kentucky Refinance Programs, or Louisville Kentucky Renovation Home Programs. We lend on primary, secondary, and investment properties.

Kentucky Home Purchase Programs

Whether you’re a first-time homebuyer, upgrading to a new home, or buying an additional property, we offer a wide array of mortgage loan programs – many requiring a limited down payment (0 to 3%) for qualified individuals, both repeat and first time buyers.

Mortgage Program Highlights:

Fixed and adjustable rate options
$0 down payment options available
Up to 6% seller concessions
Down payment assistance and gifts permitted
Credit scores as low as 580
Debt to income ratios to 55.00% with automated approval

We specialize in the following Kentucky Home Mortgage Programs:
Conforming Agency (Conventional): Loans that conform to Fannie Mae and Freddie Mac guidelines, including maximum loan amount, borrower credit and income levels, down payment, and eligible properties.
Kentucky FHA: Loans insured by the Federal Housing Administration, a federal assistance program that promotes home ownership by offering low down payment options, lower interest rates and easier qualifications.
Kentucky VA: Loans guaranteed by the Department of Veterans Affairs for military service members with benefits like no down payment (100% financing) and competitive (and usually lower) interest rates.
Kentucky USDA: (United States Department of Agriculture) Government-insured rural development loans for the purchase of homes in rural areas with no down payment (100% financing), no monthly mortgage insurance and low interest rates.

KEntucky FHA 203(k): Loan program insured by the Federal Housing Administration (FHA) where purchase price and renovation costs are rolled into one loan amount. Two types:

Standard (k) loan– no maximum for repairs, which can include structural renovations, room additions, roof repairs and replacement of plumbing.
Streamline (k) loan – maximum of $35,000 for repairs including simple and cosmetic renovations like new flooring, kitchen/bathroom updates and gutter repair.
See details of Stonegate’s Home Improvement Program (HIP) loans under Home Renovation Programs below.

Kentucky Housing Corporatino: KHC housing program for qualified first-time home buyers offering down payment and closing costs assistance up to $10,000 and lower rates.

Apply for a home loan by clicking the link below: It’s free and takes less than 5 minutes Or call us at 502-905-3708 for your free application over the phone

Kentucky Fannie Mae HomePath Mortgage Loan (louisvillemortgageguide.com)
Down Payment and Closing Costs Assistance (louisvillekentuckymortgagerates.com)
Kentucky FHA Loan Qualifying Summary (louisvillekymortgage.net)

About Louisville Kentucky Mortgage

As a life-long Kentucky resident, I have helped over 589 families buy or refinance their home over the last 13 years. You can trust me for your next mortgage loan. I deliver on what I say and I will give you honest, up-front personal attention you deserve for your home loan. I have several advantages over the big- mega banks in town. First, I can shop your loan thru different mortgage companies across the country to get you the best deal out there, whereas most banks will offer offer you there one and only deal. I have access to over 15 different mortgage companies to broker your loan thru. My rates and fees are just as good or better than local banks and you will not get lost in the shuffle like most borrowers do at the mega banks; your just not a number at our company, you are a person and we will treat you like one throughout the entire process. Free pre-approvals within 2 hours and get your loan closed within 15 days. Give us a try or let us compare what you have now. Call me locally at 502-905-3708; this is my personal cell phone and I carry it on me at all times. Free credit reports and approvals. Stop by and see my at 107 South Hurstbourne Pky Louisville Ky 40222- or email me at kentuckyloan@gmail.com nmls# 57916

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Posted on January 5, 2012, in Credit Scores/Credit Reports, Down payment assistance, Fannie Mae Homepath, FHA Guidelines, FHA Mortgage Loan Limits for Kentucky (KY) 2011, First Time Home Buyer, Frequently Asked Questions, Home Mortgage Rates Ky, Kentucky FHA Important Links, Kentucky Housing, Kentucky Mortgage Interest Rates, Kentucky Real Estate and Kentucky Appraisal Links, KY FHA LOANS, Loan Limits for FHA, Louisville Ky Home Loans, Rates Today and tagged 100 down kentucky fha loan, Credit score, Down payment, Fair and Accurate Credit Transactions Act, Fannie Mae, Federal Housing Administration, FHA insured loan, Fixed rate mortgage, Kentucky, kentucky fha loan, kentucky fha rates, ky first time home buyer, Lexington Kentucky, Loan-to-value ratio, Louisville Kentucky, louisville mortgage rates, Mortgage, Mortgage denied, Mortgage insurance, Mortgage loan, Mount Sterling Kentucky, Ohio River, Paducah Kentucky, Rates Today, United States Department of Agriculture, United States Department of Housing and Urban Development, United States Department of Veterans Affairs, Vacation property, zero down loan kentucky. Bookmark the permalink. 18 Comments.

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Kentucky FHA Mortgage Loans

Louisville Kentucky Mortgage Programs 2011