Tips to Boost Your Credit fico Score for Kentucky Mortgage Loans (FHA, VA, USDA, KHC)

Kentucky, you need a solid fico credit score. It's essential for qualifying for popular mortgage programs like FHA, VA, USDA, or KHC loans

Kentucky VA Mortgage Qualifications for 2022

Kentucky VA Mortgage Loans What are VA Home Loans? VA Loans provide military veterans and current service members a distinct advantage when it comes time to purchase or refinance a home. Today's VA Loans have the most favorable terms available for most veterans. VA Loans can be used to purchase a new home with no … Continue reading Kentucky VA Mortgage Qualifications for 2022

Effective on 9/18/21, Fannie Mae announced that their Automated Underwriting System will now take an AVERAGE of the two scores for qualifying

Fannie Mae announced that their Automated Underwriting System will now take an AVERAGE of the two scores for qualifying Do you and your partner have very different credit scores? Great news! You may have access to more loan program options than you thought! Here's the deal... All lenders pull FICO scores from each of the … Continue reading Effective on 9/18/21, Fannie Mae announced that their Automated Underwriting System will now take an AVERAGE of the two scores for qualifying

Kentucky Mortgage Terms to Know

Glossary of Mortgage Terms to Know For A Kentucky Mortgage Loan. ACCRUED INTEREST: Accumulated interest since the principal investment that hasnot yet been paid.AMORTIZATION: Paying off debt, principal and interest, with a fixed repayment schedulein regular installments over a fixed period of time.ANNUAL PERCENTAGE RATE (APR): The annual rate charged for borrowing moneyexpressed as a … Continue reading Kentucky Mortgage Terms to Know

4 Things Kentucky Borrowers Need to Get Approved for a Mortgage

4 Things Every Borrower Needs to Get Approved for a Mortgage or Home Loan In Kentucky https://youtu.be/WuqF-TzPXX8 Kentucky First Time Home Buyer Common Questions and Answers: ∘ What kind of credit score do I need to qualify for different first time home buyer loans in Kentucky? Answer. Most lenders will wants a middle credit score … Continue reading 4 Things Kentucky Borrowers Need to Get Approved for a Mortgage