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/
Single Family Housing Properties Found click on link for list of homes that USDA Rural Housing has for sale currently in Kentucky. 👇 https://www.resales.usda.gov/resales/public/searchSFH Details Foreclosure 107 Debbie AveMap Lancaster Kentucky Garrard 40444 $24,120 3 1 1144Property Image 1643733665049-1.jpgDetails Foreclosure 86 Solitude DrMap Somerset Kentucky Pulaski 42503 $43,550 3 2 1162Property Image 1642694834395-1.pngDetails Foreclosure … Continue reading Kentucky Rural Housing Homes for Foreclosures USDA
▪ Calculate the total gross monthly income of all occupying borrowers ▪ Deduct from gross monthly income the following items: ▫ State income taxes ▫ Proposed total monthly fixed payment (i.e. PITIA + MIP) ▫ Federal income taxes ▫ Estimated maintenance and utilities ▫ Municipal or other income taxes ▫ Job related expenses (e.g. childcare) ▫ Retirement or Social Security ▫ Gross upp of any Non-Taxable Income ▪ Subtract the sum of the deductions from the table above from the total gross monthly income of all members of the household of the occupying borrowers ▪ The balance is residual income Calculating Gross Monthly Income: ▪ Gross monthly income should be calculated only for the occupying borrowers consistent with the requirements of HUD Handbook. ▪ Do not include bonus, part-time or seasonal income that does not meet the requirements for effective income as stated in HUD Handbook. ▪…
Minimal credit score requirements – NO minimum score
Low monthly mortgage insurance
Home must be located in an eligible area
Home must meet property eligibility requirements
Fill out worksheet to get additional information about qualifying
Must be a regular stick-built home
Single Close Construction Program available
USDA to USDA Streamline Refinances available
SFH Direct Loan and Grant Programs
February 7, 2022
Fee Increases for Origination Appraisals and Conditional Commitments
An Unnumbered Letter (UL) dated February 4, 2022, has been issued which increases the appraisal fee to $750 and the conditional commitment fee to $825 under the direct programs. The fee increases are effective March 6, 2022. The increased fees reflect market price increases for origination appraisals in rural areas and the average cost of appraisals under the programs’ nationwide contract with the Appraisal Management Companies.
Kentucky First-Time Home Buyer Programs | USDA, FHA, VA & KHC Loans 