Louisville Kentucky First Time Home Buyer Classes


Consumer Credit Counseling Service  (502) 458-8840 2100 Gardiner Lane, Suite 103A 1-800-278-9219 (toll-free) Louisville, KY 40205  https://kyfirsttimehomebuyer.wordpress.com/2012/01/11/louisville-ky-fha-mortgage-loans/ Since 1980, Consumer Credit Counseling Service has been a HUD approved counseling agency. Many lenders look for this stamp of approval in deciding where to send their customers for counseling. Consumer Credit Counseling Service not only provides the … Continue reading Louisville Kentucky First Time Home Buyer Classes

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

Kentucky First Time Home Buyer Mortgage Guide


There are several alternative mortgage optionsavailable if you don’t have a down payment,haven’t established a strong credit history,or are unable to supply documentation for a“traditional” mortgage. Some options include: DOWN PAYMENT ASSISTANCE (DPA) by KHC These programs often come from states andmunicipalities allowing you to purchase ahome with a smaller down payment. ManyDPA programs come … Continue reading Kentucky First Time Home Buyer Mortgage Guide

First Time Home Buyer Louisville Kentucky Mortgage Programs


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 First Time Home Buyer Louisville Kentucky Mortgage Programs

Popular Kentucky Mortgage Programs


5 popular programs that Kentucky Home buyers use to purchase their first home. Conventional Loan • At least 3%-5% down • Closing costs will vary on which rate you choose and the lender. Typically the higher the rate, the lesser closing costs due to the lender giving you a lender credit back at closing for over … Continue reading Popular Kentucky Mortgage Programs