Every Kentucky Loan Type. One Local Expert.

Whether you’re buying your first home, using down payment assistance, or rebuilding credit — there’s a program that fits. Compare them side by side before you commit.

🏠 FHA Loan

The go-to for first-time buyers and 580+ credit. Low down payment and flexible guidelines.

3.5% down · 580+ creditLearn More →

🎖 VA Loan

Zero down and no monthly mortgage insurance for veterans and active-duty service members.

$0 down · VA eligibleLearn More →

🌾 USDA Loan

100% financing for eligible rural and suburban Kentucky buyers within income limits.

$0 down · USDA areasLearn More →

🏛 KHC Assistance

Kentucky Housing down payment assistance for first-time and repeat buyers.

Up to $12,500 assistanceLearn More →

📈 Conventional

Best long-term value for stronger credit. PMI cancels at 20% equity, unlike FHA.

3% down · 620+ creditLearn More →

💰 Zero Down Options

Every route to buying with nothing down in Kentucky — VA, USDA, and KHC combos.

$0 down programsLearn More →

🌟 First-Time Buyers

All Kentucky first-time homebuyer programs compared in plain English.

Programs & grantsLearn More →

📊 Credit Scores

What score you actually need for each loan type in 2026 — and how to raise yours.

By loan programLearn More →

Getting a Kentucky Mortgage in 3 Simple Steps

No confusing paperwork trails. No surprise fees. A clear path from first call to keys in hand.

💬 Get Pre-Qualified

Free application review with same-day answers. We look at your credit, income, and goals — no cost, no obligation, no pressure.

📋 Compare Your Options

FHA vs. Conventional vs. USDA vs. KHC — run side by side with your actual numbers so you see the real payment before you commit.

🏠 Close & Get Your Keys

Guided from contract to closing — appraisal, title, and underwriting coordinated so you always know what happens next.

Watch: Kentucky Mortgage Guides

Straight answers from my YouTube channel — no jargon, no sales pitch.

▶ More videos on my YouTube channel →

Joel Lobb and family - Kentucky mortgage loan officer

Kentucky Local. Not a Call Center.

Hi, I’m Joel Lobb — a Kentucky dad who’s spent 20+ years helping families across all 120 counties buy their first home. When you call, you get me — not a phone tree. Questions on a Saturday morning? I answer.

1,300+ Kentucky families have trusted me with their mortgage — from Louisville to Lexington to the smallest towns in the state. Free application reviews, same-day pre-approvals, and honest answers about what you actually qualify for.

See What You Qualify For →

COMPENSATING FACTORS TO OVERTURN A MORTGAGE DENIAL ON A KENTUCKY FHA AND USDA MORTGAGE LOAN:

- October 29, 2013

COMPENSATING FACTORS TO OVERTURN A MORTGAGE DENIAL

Documentation

- Accumulated Savings
• The borrower has demonstrated an ability to accumulate savings, and a conservative attitude toward using credit.
- Compensation or Income Not Reflected in Effective Income
•
- Down Payment
• The borrower makes a large down payment of 10 percent or higher toward the purchase of the property.
- Housing Expense Payments
•
- Minimal Housing Expense Increase
• There is only a minimal increase in the borrower's housing expense.
- Potential for Increased Earnings
• The borrower has a potential for increased earnings, as indicated by job training or education in his/her profession.
- Previous Credit History
• A borrower's previous credit history shows that he/she has the ability to devote a greater portion of income to housing expenses.
- Primary Wage-Earner Relocation
•
- Substantial Cash Reserves
•••
- Substantial Non-Taxable Income
• The borrower has substantial non-taxable income. This applies if no adjustment was previously made when computing ratios.

Joel Lobb (NMLS#57916)
Senior Loan Officer

502-905-3708 call or text or email kentuckyloan@gmail.com with your questions?

http://mylouisvillekentuckymortgage.com

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