Looking for 100% Financing, No Money Down Home Loan in KY? Kentucky Rural Housing Development Loans

Looking for 100% Financing, No Money Down Home Loan in KY?


Kentucky Rural Housing Development Loans offer:
Effective 10/1/2016 the Up Front Guarantee Fee is reduced to 1.0%*
No down payment required
Up to 6% Seller Concessions
No minimum credit score but most lenders will want a 620 or higher, or 640 to be safe
GUS Accept Eligible (lenders run this for you)
No Bankruptcies or foreclosure in last 3 years
Max household income limits vary
Home must be in an eligible USDA Area. See links below for income and property
For list of eligible properties: Kentucky USDA Property Eligibility Map?
For income eligibility limits: Kentucky RHS USDA Income Eligibility?

Kentucky USDA Rural Housing Loans : Kentucky Rural Housing USDA Maximum Income by Coun...

Kentucky USDA Rural Housing Loans : Kentucky Rural Housing USDA Maximum Income by Coun...: 2016 KY USDA Rural Housing Income Limits for Kentucky Counties for the Guaranteed RHS Loan County Name Family Size 1 -4 F...

How long do you have to wait to buy a house again in Kentucky after a Bankruptcy or Foreclosure?

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).