Tuesday, October 29, 2013

Kentucky Housing Corporation (KHC) homeownership programs affected by the current federal government shutdown






Below are highlights of the various Kentucky Housing Corporation (KHC) homeownership programs affected by the current federal government shutdown.  Stay tuned to KHC eGrams for future updates as circumstances change.



Verbal Verification prior to closing on federal employees:  If the borrower is a federal employee, KHC must have a verbal verification of their employment prior to closing.  This may cause delays in loan closings and interest rate locks expiring, depending on how long the government is shut down.

IRS Tax Transcripts:  KHC requires one year's tax transcripts prior to closing on all conventional loans.  This will remain in effect for now.  
Fannie Mae made recent announcement concerning the government shutdown.

Kentucky Rural Housing USDA / RHS Loans










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Joel Lobb
Senior  Loan Officer
(NMLS#57916)


text or call my phone: (502) 905-3708
email me at kentuckyloan@gmail.com
The view and opinions stated on this website belong solely to the authors, and are intended for informational purposes only. The posted information does not guarantee approval, nor does it comprise full underwriting guidelines. This does not represent being part of a government agency. The views expressed on this post are mine and do not necessarily reflect the view of my employer. Not all products or services mentioned on this site may fit all people. NMLS ID# 57916, (www.nmlsconsumeraccess.org). Mortgage loans only offered in Kentucky.
All loans and lines are subject to credit approval, verification, and collateral evaluation and are originated by lender. Products and interest rates are subject to change without notice. Manufactured and mobile homes are not eligible as collateral.







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Posted By Blogger to Kentucky First Time Home Buyer Mortgage Loans at 12/16/2016 09:53:00 AM
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