Start My Pre-Approval →📞 Call / Text 502-905-3708
★★★★★ 80+ Five-Star Google Reviews · Same-Day Pre-Approvals · 1,300+ Kentucky Families Helped · All 120 Counties
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.
01

💬 Get Pre-Qualified

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

02

📋 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.

03

🏠 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 →

Kentucky Fannie Mae Loans versus Kentucky FHA Loans

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Kentucky Fannie Mae Loans versus Kentucky FHA Loans

Kentucky FHA Loan Guidelines for Credit Score, Income, Bankruptcy and Foreclosure Shot Sale




fha vs fannie mae loans


FHA vs Conventional Infograhic
Non Occupant Co-Borrower for Fannie Mae and FHA Loans. 

The differences below:
Kentucky Fannie Mae Loans
  • Allowed on all Purchases up to 95% LTV
  • Allowed on all Refinances including Cash out
  • Does not have to be a Family Member

Kentucky FHA Loans
  • Limited to 75% LTV.  LTV can be increased to max 96.5% LTV provided:
  1. Non occupying borrower is not the seller in the transaction
  2. Property is not a 2-4 unit property
  3. Has to be a family member
  • Not allowed on Cash out Refinances
  • Non Occupant Co Borrowers must either be United State Citizens or have a Principal Residence in the United States.
Non arms Length / Identity of Interest for FHA and Fannie Mae Loans In KY
Fannie Mae Loans(non arms length)
  • Underwriter must confirm transaction is not a bail out
  • Gift of Equity is allowed
  • No additional restrictions apply

FHA loans (Identity of Interest)
  • Gift of Equity is allowed
  • LTV limited to 85% unless
  1. Purchase is the principle residence of another Family Member
  2. Borrower has been a tenant in property for 6 months predating the sales contract.  A lease or other written evidence is needed to verify occupancy
  3. Borrower is an employee of the Builder of the property
  • If a Family Member is providing secondary financing for the transaction, additional guidelines apply.  See HUD 4000.1 II.A.4.(3) for additional guidelines.


Image result for fha vs fannie mae mortgage loan differences




Joel Lobb
Mortgage Loan Officer
Individual NMLS ID #57916

American Mortgage Solutions, Inc.

Text/call:      502-905-3708
fax:            502-327-9119
email:          kentuckyloan@gmail.com


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