KHC offers two Down payment Assistance Programs (DAPs) to make home buying affordable for Kentuckians.

Please Note:

KHC = Kentucky Housing Corporation

DAP = Down Payment Assistance Program.

Depending on your individual qualification criteria (credit, income, etc), you would receive up to $6,000 from KHC to apply towards the down payment (if applicable below), closing costs, or both.  You could go VA without the assistance of KHC since there potentially would be no down payment required, but then you’d be responsible to cover any closing costs.  Going through KHC would be your best shot at getting to a truly “zero down” situation.  Hope this helps.

 

KHC Loan Programs

 

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#57916http://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.