Author: Kentucky Mortgage Broker Offering FHA, VA, USDA, Conventional, and KHC Down Payment Assistance Home Loans
Thank you for visiting. I hope you find this website both informative and empowering as you explore your mortgage options. My goal is to help you feel confident in selecting the right home loan for your unique situation. I proudly serve all 120 counties in Kentucky, offering a full range of mortgage loan programs, including: FHA Loans VA Loans USDA Rural Housing Loans Fannie Mae Conventional Loans KHC Down Payment Assistance Programs With over 20 years of lending experience, I’ve had the privilege of helping more than 1,300 Kentucky families achieve their homeownership goals. Whether you're a first-time homebuyer or seeking a second opinion, I’m here to offer honest, no-pressure advice—always free of charge. I am dedicated to: Attending as many closings as possible Providing responsive, personalized service Ensuring quick, efficient, and accurate loan processing Making myself accessible every step of the way I've been consistently recognized as a top mortgage loan officer in Kentucky for VA, FHA, USDA, and KHC programs. I take pride in being thorough, transparent, and attentive with each and every client. Please take a moment to read my reviews below. If you have questions or need guidance, feel free to call or text me directly. Call/text at 502-905-3708. Free Mortgage Pre-Qualifications same day on most applications.
Email me at kentuckyloan@gmail.com with your questions
I specialize in Kentucky FHA, VA ,USDA, KHC, Conventional and Jumbo mortgage loans. I am based out of Louisville Kentucky. For the first time buyer, we offer Kentucky Housing or KHC loans with down payment assistance.
This website is not an government agency, and does
not officially represent the HUD, VA, USDA or FHA or any other government agency.
NMLS# 57916 http://www.nmlsconsumeraccess.org/
Joel Lobb Senior Loan Officer/p>
call/text phone: (502) 905-3708 kentuckyloan@gmail.com Company ID #1738461
EQUAL HOUSING LENDER
http://www.mylouisvillekentuckymortgage.com/
To Our Kentucky Housing Real Estate Investors: We are pleased to provide you with information about Kentucky Housing Corporation's (KHC) master commissioner sales. These sales typically take place at the county courthouse where the property is located. The listings are arranged by county, according to the county in which the property is located. … Continue reading Kentucky Housing Corporation’s (KHC) master commissioner sales for Kentucky Housing Foreclosures
Credit Do’s and Don’ts During the Lending Process
600 scores for FHA and VA (new program):
1) We have lowered our scores to 600 for FHA and VA only.
2) The same overlays that apply for 620-639 will just be extended down to 600.
3) The only extra overlay is AUS approval only for 600-619. We will not manually override a refer.
Manufactured Housing now available on FHA and VA (new program):
1) To many over lays to share here. Read the guideline launch that is attached. Min Score 680!
Did you know that your credit report is pulled twice during the lending process? Once in the beginning during the pre-approval stage and again right before your closing. During this time period it is imperative that you don’t do anything that could impact your credit score or your loan. Here’s what to do and not do to protect your credit while you are in the process of purchasing or refinancing a home.
Don’t Apply For New Credit
Refrain from taking out any new credit cards within the three to four months before you apply for a mortgage or while in the process of securing a loan. When you apply for a new line of credit with a company or retailer they will run your credit report to make sure you qualify for their card. This can decrease your credit score, which can push you into a lesser credit score category…
The different types of mortgage insurance available for Louisville Kentucky Mortgage Loans
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Annual Plan – The first year premium is collected at closing, and then monthly payments are held in escrow for the following year.
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Monthly Plan – Two months of MI is paid at closing, then collected monthly as part of the mortgage payment.
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Zero Up–Front Plan – Use that money for the down payment instead, as MI is paid monthly with the first mortgage payment, not at closing.
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Single/Financed Premium – Entire MI premium is paid at closing, and can be paid with down payment assistance or financed into the loan.
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Split Premium – A combination of single premium and the monthly plan; the seller can help with the up–front premium or it can be financed in, resulting in lower monthly premiums.
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Single Premium Lender Paid Mortgage Insurance (LPMI)4– “Life of Loan” mortgage insurance that is paid after closing by the lender; no annual or monthly premiums or renewals.
Kentucky Mortgage and PMI, PMI Mortgage insurance, MIP, Mortgage insurance,
Kentucky First-Time Home Buyer Programs | USDA, FHA, VA & KHC Loans 