What is the minimum credit score I need to qualify for a Kentucky mortgage currently? Question: What is the current minimum credit scores needed to qualify for a Kentucky mortgage Loan? Answer: The minimum credit score needed to qualify for a Kentucky mortgage depends on the type of loan program you are looking to obtain, this could … Continue reading Kentucky Mortgage: Minimum Credit Score Requirements Explained
The 2026 Kentucky Welcome Home Grant (up to $20,000 for eligible buyers) is now closed — all funds were reserved. See the 2026 requirements, county income limits, and the down payment assistance still available to Kentucky home buyers: KHC $12,500 DAP, FHA, VA, USDA, conventional 3% down, and seller concessions. Updated August 1, 2026.
Kentucky Mortgage Closing Costs Explained (2026 Guide for Home Buyers and Refinance Borrowers) If you’re buying or refinancing a home in Kentucky, closing costs are one of the most misunderstood — and most searched — parts of the mortgage process. Borrowers comparing Kentucky FHA, VA, USDA, and Conventional mortgage programs often want to know exactly … Continue reading Understanding Closing Costs for Kentucky Mortgages
Kentucky Mortgage Short Sale: Conventional Loans Require: Minimum 2 years with restrictions up to 7 years 2 to 4 years - 80% maximum LTV 4 to 7 years - 90% maximum LTV 7 years and after allow for maximum standard financing Kentucky FHA and Kentucky VA Loans Require: 3 years, with exceptions possible for less … Continue reading Kentucky Mortgage Options After Short Sale or Foreclosure
I can answer your questions and usually get you pre-approved the same day. Call or Text me at 502-905-3708 with your mortgage questions. Email Kentuckyloan@gmail.com Joel Lobb Mortgage Loan Officer Individual NMLS ID #57916 EVO Mortgage 911 Barret Ave Louisville, KY 40204 Company NMLS #1738461 Text/call: 502-905-3708 fax: 502-327-9119 email:kentuckyloan@gmail.com https://www.mylouisvillekentuckymortgage.com/
2019 Kentucky First Time Homebuyer Down Payment Assistance for Kentucky First Time Home Buyers for $4500 to $6000 Kentucky Housing DAP Funds Here are action steps you can take right now to buy a home in Kentucky in 2019 1. Focus on your credit score FICO credit scores are among the most frequently used credit … Continue reading 2019 Kentucky First Time Home Buyer Down Payment Assistance
Down Payment and Closing Costs Assistance for Jefferson County Kentucky Metro Area home buyers Kentucky Housing recognizes that down payments, closing costs and prepaids are stumbling blocks for many potential home buyers. Here are several loan programs to help. Your KHC-approved lender can help you apply for the program that meets your need. Regular DAP … Continue reading Down Payment Assistance Program for Jefferson County Kentucky Louisville
Kentucky FHA Streamline Refinance MIP (For Loans Endorsed Before June 1, 2009) If the existing Kentucky FHA mortgage was endorsed prior to June 1, 2009, the mortgage insurance premiums have been "grandfathered". Upfront Mortgage Insurance Premiums (UFMIP) For an FHA Streamline Refinance that replaces a loan endorsed prior to June 1, 2009, the new FHA … Continue reading Kentucky FHA Streamline Refinance for 2014
Debt to Income Ratios for A Kentucky Mortgage Loan There are two debt-to-income (DTI) ratios on every loan: housing or front-end ratio and total or back-end ratio. The housing ratio tells us what percentage of the borrower’s monthly gross income is allocated toward the monthly principal, interest, tax, and insurance (PITI) payment. The total ratio … Continue reading Debt to Income Ratios for A Kentucky Mortgage Loan
2026 loan limits rose to $832,750 conventional and $541,287 FHA in Kentucky. What the higher caps mean for first-time buyers' down payments and options.
You usually do NOT have to pay off every collection to get a Kentucky mortgage. See FHA's $2,000 rule, how medical collections are treated, when charge-offs matter, and the exact documentation lenders need in 2026.
Foreclosure in your past? VA allows a new loan just 2 years later, FHA and USDA at 3 years. See every 2026 waiting period, what restarts the clock, and how Kentucky buyers get approved after foreclosure, deed-in-lieu, or short sale.
How soon can you buy a house in Kentucky after bankruptcy? FHA allows 2 years after Chapter 7 discharge and as little as 12 months into a Chapter 13 plan. See the 2026 waiting periods for FHA, VA, USDA, and conventional loans, plus how to rebuild credit for approval.
