Kentucky Fannie Mae Homepath Kentucky FHA HUD Back to Work Program for FHA Borrowers in Kentucky Kentucky First Time Home buyer Grants and Downpayment Assistance Kentucky HAMP Refinance Kentucky Housing. Kentucky Mortgage Rates Kentucky Mortgage Rates FHA VA KHC Kentucky USDA Loans Kentucky USDA Rural Housing Eligibity Map for
The 23 Questions We Asked at Mortgage Pre-Approval
In order to get you pre-approved, I will need the following items from you. This is a free process and I will give you a copy of your credit report for free Mortgage Pre-Approval Checklist 1. One full month’s or 30 days worth of pay stubs 2. Last 2 years W-2′s 3. Last 2 years … Continue reading The 23 Questions We Asked at Mortgage Pre-Approval
A Simple Guide to the Home Buying Process
Kentucky FHA, VA ,USDA, KHC, Conventional and Jumbo mortgage loans. I am based out of Louisville Kentucky. For the first time buyer with little money down, we offer Kentucky Housing or KHC loans with down payment assistance.
Buying a home for the first time can seem like a daunting process. But it doesn’t have to be difficult. With a little preparation, and the guidance of a real estate agent and mortgage professional, you’ll be well on your way to making the house of your dreams…your home! This easy-to-follow infographic will show you what to expect along the path to home ownership:
Contact a loan advisor near you to get started!
How long do you have to wait to get approved for a mortgage loan after a bankruptcy in Kentucky?
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Qualifying For A Kentucky Mortgage After Bankruptcy
Home Buyers can qualify for a Kentucky mortgage after bankruptcy:
- 2 year waiting period to qualify for FHA Loan to qualify for a FHA Loans after discharge of Chapter 7.
- One year into a Chapter 7 Bankruptcy to qualify for a Chapter Loan into a Chapter 13 Bankruptcy repayment plan.
- No waiting period after a Chapter 13 Bankruptcy discharge date.
- 4 year waiting period to qualify for a Chapter 7 Bankruptcy discharge date to qualify for a Conventional Loan.
- Two year waiting period to qualify for a Chapter 13 after Chatper 13 discharged date to qualify for a Conventional Loan.
- Four year waiting period to qualify for a Conventional Loan if you had a mortgage part of bankruptcy but the foreclosure needs to be be finalized
Joel Lobb (NMLS#57916)
Senior Loan Officer
Senior Loan Officer
American Mortgage Solutions, Inc.
10602 Timberwood Circle Suite 3
Louisville, KY…
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Many mortgage applicants will get a surprise boost in their credit scores
In a little-known policy shift, the three national credit bureaus — Equifax, Experian and TransUnion — plan to stop collecting and reporting substantial amounts of civil judgment and tax lien information on public records affecting millions of American consumers starting July 1.
In a little-known policy shift, the three national credit bureaus — Equifax, Experian and TransUnion — plan to stop collecting and reporting substantial amounts of civil judgment and tax lien information on public records affecting millions of American consumers starting July 1.
Both types of information have negative impacts on credit scores and remain in credit files for extended periods. Tax liens are levied against properties when the owner is delinquent on payment of taxes. Civil judgments — debts owed by the losing party in legal disputes that typically involve monetary damages — are ordered by courts.
With the elimination of this information from vast numbers of…
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Kentucky First-Time Home Buyer Programs | USDA, FHA, VA & KHC Loans 