Kentucky FHA Loan Requirements


FHA STREAMLINES REFINANCE GUIDELINES IN KENTUCKY 2015


Refinancing FHA Mortgage loans.  FHA STREAMLINES: FHA to FHA Refinance 620 minimum Credit Score NO AUS findings run NO Income stated on application or verified NO Appraisal – COSTS CAN NOT BE ROLLED INTO LOAN –No longer an allowable option Verify assets only for cash to close If you pay ALL costs with interest rate … Continue reading FHA STREAMLINES REFINANCE GUIDELINES IN KENTUCKY 2015

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

FHA Streamline Refinance MIP


FHA Streamline Refinance MIP (For Loans Endorsed Before June 1, 2009) If the existing FHA mortgage was endorsed prior to June 1, 2009, the mortgage insurance premiums have been "grandfathered". Upfront Mortgage Insurance Premiums (UFMIP) For an FHA Streamline Refinance that replaces a loan endorsed prior to June 1, 2009, the new FHA mortgage's upfront … Continue reading FHA Streamline Refinance MIP

Kentucky FHA Streamline Refinance for 2014


Kentucky FHA Streamline Refinance MIP (For Loans Endorsed Before June 1, 2009) If the existing Kentucky FHA mortgage was endorsed prior to June 1, 2009, the mortgage insurance premiums have been "grandfathered". Upfront Mortgage Insurance Premiums (UFMIP) For an FHA Streamline Refinance that replaces a loan endorsed prior to June 1, 2009, the new FHA … Continue reading Kentucky FHA Streamline Refinance for 2014