Collections on Credit Report and How They affect a Kentucky VA Mortgage Loan Approval Collection accounts are accounts for a debt that have been submitted to a collection agency by the creditor generally due to nonpayment. Below are general tips and guidance on what DU will require when collection accounts are reporting on a borrower’s … Continue reading Does bad debt, collections, or charge offs on credit report have to be paid off to get a VA loan approval in Kentucky
Mortgage Tips to ensure your mortgage closes smoothly
Tips to ensure your mortgage closes smoothly:
Kentucky USDA Mortgage Upfront Guarantee Fee and the monthly mortgage insurance Annual fee
Louisville Kentucky Mortgage Broker Offering FHA, VA, USDA, Conventional, and KHC Zero Down Payment Home Loans
via Kentucky USDA Mortgage Upfront Guarantee Fee and the monthly mortgage insurance Annual fee
Kentucky Rural Housing Loans for 2018
USDA home loans in Kentucky are also known as the Rural Development Loan or RHS Loans. It is one of the best options for homebuyers that are currently looking for a home outside the urban areas of Lexington, Louisville, Bowling Green and Northern Kentucky that requires No Money Down.
Another major advantage of this home loan is it’s fixed interest rate. The fixed interest rate insulate buyers from interest rate fluctuations. You’ll have the same monthly loan repayment throughout the life of your loan.
100 percent Financing Kentucky USDA Rural Development Loans will allow you to roll up some of your closing cost into your monthly mortgage. While it is impossible to avoid closing costs of the home purchase, it is possible to have the seller pay for some of these cost and or…
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Self-Employed with Income and Getting Approved for a Home Mortgage Loan in Kentucky?
Self Employed Income for FHA, VA, USDA and KHC Mortgage Loans Guidelines • A borrower is considered self employed if they have 25% or more ownership in a business. • Contract or 1099 employees are self employed borrowers • There are 4 types of self employed business structures o Sole Proprietorships o … Continue reading Self-Employed with Income and Getting Approved for a Home Mortgage Loan in Kentucky?
First-Time Homebuyer Tax Credit
down payment grants louisville ky
Kentucky First-Time Home Buyer Programs | USDA, FHA, VA & KHC Loans 