Kentucky Welcome Home Grant 2026: $20,000 for Buyers

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.

6 Steps to Buy a Home in Kentucky in 2026

If you're planning to buy a home in Kentucky in 2024, here are some essential steps to consider: 1. Focus on improving your credit score to qualify for a mortgage with a low interest rate. 2. Manage your debt-to-income ratio by repaying existing debt, increasing your income, or both. 3. Ensure timely payments on all accounts to maintain a good credit score. 4. Get pre-approved for a mortgage before searching for a home to know your affordability. 5. Keep credit card utilization below 30% and seek down payment assistance programs if needed.

Affordable Down Payment Options in Kentucky: KHC Loan Update

KHC is increasing the down payment assistance program to $10,000 This is for both Regular Down Payment and for Affordable Down Payment assistance programs

 (KHC) Down Payment Assistance Program (DAP) Overview

https://kentuckyvaloan.wordpress.com/2025/02/02/kentucky-housing-corporation-khc-down-payment-assistance-program-dap-overview/?page_id=2514

Breaking the 20% Myth: How to Afford a Mortgage with a Smaller Down Payment

https://mortgageinformationcenter.wordpress.com/2024/06/11/breaking-the-20-myth-how-to-afford-a-mortgage-with-a-smaller-down-payment/#like-350?page_id=350 How to Buy a Home Without a 20% Down Payment Here are some effective ways to buy a home without needing to save up a 20% down payment. 1. FHA Loans: Low Down Payments for First-Time Buyers The Federal Housing Administration (FHA) loan is a popular choice for those looking to buy a home … Continue reading Breaking the 20% Myth: How to Afford a Mortgage with a Smaller Down Payment