Kentucky First Time Home Buyer Mortgage Loan

Kentucky First Time Home Buyer Grants and Loan Programs

Kentucky first time home buyer grants and loan programs – The Kentucky Housing Corporation (KHC) offers programs for first time home buyers.

The KHC offers home ownership education classes as well as low interest rate, 30 year home loans/mortgages through participating lenders. Many of the programs are offered to and non-first time buyers as well.

The KHC also offers downpayment and closing cost assistance to qualified buyers. The closing costs assistance ranges from $4,500 to $10,000, depending on the qualifications of the buyer(s).

To qualify for these programs, the KHC has buyer income limits as well as limits to the purchase price of the home.

Check out the KHC website to obtain more information about these programs.

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HUDNo.08-23-2011KY.

HUD AWARDS $1.2 MILLION IN GRANTS TO PROMOTE AFFORDABLE HOUSING AND ECONOMIC DEVELOPMENT IN KENTUCKY’S RURAL COMMUNITIES
Grants for rural communities to address housing, poverty and jobs

:: Housing Partnership, Inc. :: Home ::

.

Are you ready to buy a home but not sure if you can get a mortgage? Maybe you are financially ready but are unsure of how to go about buying a home.  HPI’s Counseling & Education Programs might be just the thing for you.

• HPI is a HUD approved Counseling Agency. 
   
• We are a NeighborWorks America HomeOwnership Center.

• Our Counselors follow the National Industry Standards for homeownership Education and Counseling and are Certified Housing Counselors. 
   
• Our Counselors are approved by Kentucky Housing Corporation.

Many individuals and families have the dream of owning their own home. We have helped thousands of first time homebuyers in Kentucky and Indiana achieve their goals toward homeownership over the last 20 years. We can help you, too!

The Housing Partnership, Inc. offers HUD approved professional financial and housing counseling and education services.  

To get started in the program, you must attend an Orientation. Orientations are completely free of charge and you do NOT have to register. Orientations are held every Monday at 5:30 p.m. and every Wednesday at 10:30 a.m. at our downtown Louisville location at Guthrie Green.

Orientations also available in New Albany, IN at the Cardinal Ritter House every 2nd Tuesday of each month: Dec. 14th, Jan. 11th, Feb. 8th, Mar. 8th, etc.

Recently orientation has become available online via YouTube video, the enrollement packet has become available online as well via PDF. To access these resources visit our Members Area and create a username and password. They will be avaible under the Counseling and Education tap on the right hand side.

KENTUCKY HOUSING CORPORATION.

If you’re thinking about buying a home in the Louisville Kentucky Area, , you might want to think about talking to one of these Louisville Kentucky Home Buyers  agencies first. They can provide you with valuable advice on every step of the process, from budgeting your income to negotiating a contract to closing on a loan. The assistance doesn’t stop once you’ve moved in; many agencies will also give you guidance on how to maintain your home and how to prevent foreclosure. Most of these agencies provide their services at no charge. Usually, anyone can take advantage of the programs, although they are aimed primarily at first-time buyers. In some cases, counseling is required by lenders, especially if any government assistance is being provided to help lower a loan rate or help pay for closing costs. All of the agencies will provide interpreters for those who don’t speak English.

Consumer Credit Counseling Service

        (502) 458-8840

2100 Gardiner Lane, Suite 103A 1-800-278-9219 (toll-free)

Louisville, KY 40205

 www.cccservices.com

Since 1980, Consumer Credit Counseling Service has been a HUDapproved

counseling agency. Many lenders look for this stamp of approval

in deciding where to send their customers for counseling. Consumer

Credit Counseling Service not only provides the one-on-one counseling

often required by lenders, but it offers a one-day Homebuyer Preparedness

Program. This free program covers such topics as working with a

real estate agent, finding a lender, figuring out how much you can afford

to spend and going through the application process. The agency is certified

by HUD to provide default and reverse equity mortgage counseling,

too. Counseling on debt management and budgets also is available. The

initial counseling session is free. Consumer Credit has six sites through