How to Get $2,500 in Grant Assistance for Your New Home in Kentucky in 2025!


Home-ownership just got more affordable for low-to-moderate income Kentucky residents! If you’re planning to buy a home in 2025, you might qualify for assistance. You could receive a $2,500 grant through Freddie Mac’s Home Possible® and Fannie Mae’s HomeReady® programs. This limited-time offer is designed to help cover your down payment. It also assists with … Continue reading How to Get $2,500 in Grant Assistance for Your New Home in Kentucky in 2025!

How to Get a Kentucky FHA Mortgage Loan


If you’re a first-time homebuyer in Kentucky or simply looking for an accessible loan option, an FHA mortgage loan is worth exploring. With low down payments, flexible credit requirements, and potential for down payment assistance, FHA loans provide a pathway to homeownership for many Kentucky residents. Here’s everything you need to know about qualifying for … Continue reading How to Get a Kentucky FHA Mortgage Loan

Guide to Kentucky Mortgage Loan Programs for Home buyers


If you're a homebuyer in Kentucky searching for the best mortgage loan program, it's essential to understand your options. You may be interested in a conventional loan. Perhaps you are exploring government-backed programs like FHA, VA, USDA, or Kentucky Housing Corporation (KHC) loans. This guide will assist you. It will help you find the right … Continue reading Guide to Kentucky Mortgage Loan Programs for Home buyers

FHA Loan Requirements in Kentucky for Credit scores, Down payment, Debt Ratio and work history


https://kentuckyfhaloan.wordpress.com/2024/04/10/qualifying-for-an-fha-loan-in-kentucky/?page_id=24464 Kentucky FHA Loans: Your Guide to Affordable Homeownership If you’re planning to buy your first home in Kentucky, FHA loans in Kentucky may be the ideal solution. They may help if you have faced challenges qualifying for a conventional mortgage. FHA loans in Kentucky may be the ideal solution. These loans are backed by … Continue reading FHA Loan Requirements in Kentucky for Credit scores, Down payment, Debt Ratio and work history

Does FHA require collections to be paid off for a borrower to be eligible for FHA financing?


A Collection Account refers to a Borrower’s loan or debt that has been submitted to a collection agency by a creditor. If the credit reports used in the analysis show cumulative outstanding collection account balances of $2,000 or greater, the lender must: •     verify that the debt is paid in full at the time of … Continue reading Does FHA require collections to be paid off for a borrower to be eligible for FHA financing?