Our lower rate loans CAN make a difference! The following examples show the difference using only a 1 percent rate difference:

Example 1:

• $650 principal and interest payment:
• 7 percent = $97,700 loan amount
• 6 percent = $108,414 loan amount
  

  What this does for you:

  • Lower rate increases loan/sales price by $10,714
  • Expands selection of homes for clients
  • Increase commissions

Example 2:

• $550 principal and interest payment
• 7 percent = $82,669 loan amount
• 6 percent = $91,735 loan amount
  

  What this does for you:

  • Lower rate increases loan/sales price by $9,066
  • Expands selection of homes for clients
  • Increase commissions
• 
  

  Interest Rates  KHC Mortgage 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 3.500% 4.000% Conventional No MI required LTV 80.01% -97.00% 680 credit score *DU AUS approval Purchases only 4.250% 4.750% Mortgage Revenue Bond Interest Rates 60-Day Lock Loan Type Rate without Down Payment Assistance Rate with Down Payment Assistance FHA, VA & RHS 640 credit score AUS approval Purchases only 3.500% 4.000% Conventional No MI required LTV 80.01% -97.00% 680 credit score *DU AUS approval Purchases only 4.250% 4.750%  * Run through DU for Approve/Eligible BEFORE reserving with KHC.  Select HFA Preferred Risk Sharing program located on Additional Data Screen.

  For more information contact: Kentucky Housing Corporation (502) 564-7630