No Money Down with a Conventional Loan from Kentucky Housing Down Payment Assistance​​

Buying a Kentucky Home No Money Down with a Conventional Loan from Kentucky Housing Down Payment Assistance​​

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 Conventional Loan versus Kentucky FHA Loan comparison chart

Conventional loans – these are secured by Fannie Mae or Freddie Mac and they’re also responsible for setting the program guidelines. This is one of the most common loan programs people choose when buying a house. Conventional loans have a First Time Home Buyer option that allows for as little as 3% down. The typical … Continue reading Kentucky Conventional Loan versus Kentucky FHA Loan comparison chart

Fannie Mae Mortgage Student Loan Solutions Frequently Asked Questions

  Fannie Mae Student Loan Solutions Frequently Asked Questions Listed below are common questions about Fannie Mae’s Student Loan Solutions. Q1. How does Fannie Mae anticipate Student Loan Solutions will benefit borrowers? Forty-four million Americans today have student loan debt; seven in 10 graduates of public and nonprofit colleges in 2015 had student loan debt; … Continue reading Fannie Mae Mortgage Student Loan Solutions Frequently Asked Questions

Kentucky FHA Loans Compared to Kentucky Conventional Loans

When it comes to financing a home a buyer is faced with the decision of what type of loan they want. The two most common choices are FHA or Conventional. Both have their advantages and disadvantages. Follow the chart below to see which one is a fit for you! For more information on homes available … Continue reading Kentucky FHA Loans Compared to Kentucky Conventional Loans