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 →

Policy Changes in Kentucky Home Mortgages: How does it affect your Kentucky mortgage eligibility?

- October 11, 2013

Policy Changes in Home Mortgage: How does it affect your mortgage eligibility?

If you are trying to get a Kentucky mortgage, here are some important changes that might affect your mortgage eligibility.

Increase in interest rates: According to the experts, there are chances that the interest rates might increase on home mortgages. The improvement in economy will affect the efforts of the federal authorities in keeping the interest rates low. Feds could withdraw their efforts in near future leading to higher interest rates. There are speculations that an average customer might have to pay up to 25 percent more on their monthly mortgage payments.
High government fees (G-fees): Government fee is a small amount that every borrower pays and it covers for the cost of selling loan and risk involved in the process. G-fees might rise by 20 points and an average customer would have to pay $360 per year ($72 at present) for a mortgage of $200,000.
FHA lowers cap for house loans: FHA is planning to lower the mortgage cap to $625,500 as compared to the current cap of $729,750 (for expensive counties). The good news is that this change will affect only 5 percent of the borrowers as per the records of HUD.
Extensive paperwork for loans: From 1 Jan 2014 onwards, the government will enforce extensive paperwork to lower mortgage abuse and control unsafe loans. The borrowers would be required to provide multiple income proofs and documents supporting their eligibility for the loan.
Debt-to-income level will decide eligibility: We can expect a drop in eligibility rate as the new rules will reject borrowers with a debt-to-income ratio higher than 43 percent. It means the consumers would be required to pay down their mortgages to be eligible for a house loan.
Strict rules for self-employed professionals: According to the experts, self-employed professionals and small business owners will find it difficult to get a loan in the upcoming months. The lenders often prefer borrowers with a steady paycheck instead of an inconsistent income stream.
Lower-income borrowers will face difficulty in loan approval: The loan approval process will get a lot tougher for the non-traditional borrowers. This rule is going to affect minorities, young couples, and first-time homeowners.
Payday-type lenders will increase in number: Low-credit borrowers will find it difficult to get a government-backed loan. However, this will give rise to the “non-qualified lenders” and the borrowers might have to pay higher interest rates. We can expect more payday-type loans in near future.
Hard to get 30-year mortgage: With the government trying to shrink its participation in the mortgage industry, loan term loans will become rare. Because of the risks involved in long-term mortgages, adjustable-rate mortgages might gain popularity among the lenders.