Lenders continue to lower FICO requirements for new homebuyers


  The average agency FICO score for banks is high at 745, compared to 713 at nonbank lending institutions.  Both show FICO requirements are on the way down, but it's more pronounced at the nonbanks. Here's why. Source: Lenders continue to lower FICO requirements for new homebuyers   The nation’s major banks are continuing to … Continue reading Lenders continue to lower FICO requirements for new homebuyers

Kentucky Home Buyers. Purchase a Home No Money Down.


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 American Mortgage Solutions, Inc. 10602 Timberwood Circle  Louisville, KY 40223 Company NMLS ID #1364 Text/call:      502-905-3708 fax:        … Continue reading Kentucky Home Buyers. Purchase a Home No Money Down.

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

Kentucky Fannie Mae Mortgage Guideline Changes for 2015


Fannie Mae Kentucky Conforming Guideline Changes The following guideline changes are effective immediately for all Kentucky Fannie MaeF Conventional loans; however DU will not be updated to reflect these changes until August 15th 2015 Conversion of Currently Primary Residence Requirements for conversion of a borrower's current primary residence to secondary or investment have been removed. … Continue reading Kentucky Fannie Mae Mortgage Guideline Changes for 2015

Kentucky FHA HUD Homes for $100 Down


Kentucky FHA HUD Homes for $100 Down. via Kentucky FHA HUD Homes for $100 Down. , FHA, FHA Back to Work Program Ky, FHA Co-signors, FHA Guidelines, fha mortgage insurance premiums, First Time Home Buyer, Homeownership Assistance Programs: Kentucky, HUD Foreclosure, HUD HOMES $100 Down, HUD REO PROPERTIES ELIGIBLE FOR THE $100 DOWN PAYMENT, Kentucky FHA HUD Homes for $100 Down, Kentucky FHA Important Links,KY FHA LOANS, Loan … Continue reading Kentucky FHA HUD Homes for $100 Down