🏠 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 →💬 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.

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 →FHA GIFT OF EQUITY FOR KENTUCKY MORTGAGE LOANS
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Gift of Equity For a Kentucky Home Mortgage Loan for FHA
The gift of equity guidance doesn't address paying off debt so it will be up to the DE underwriter to make the decision, but keep in mind that this may be considered an inducement to purchase since there is no exception listed for family members.
What seller contributions are considered inducements to purchase?
Inducements to Purchase are treated the same way for both TOTAL and Manual underwriting. Inducements to Purchase refer to certain expenses paid by the seller and/or another Interested Party on behalf of the Borrower and result in a dollar-for-dollar reduction to the Adjusted Value of the property before applying the appropriate Loan-to-Value (LTV) percentage. These inducements include, but are not limited to:
• contributions exceeding 6 percent of the Purchase Price;
• contributions exceeding the origination fees, other closing costs, prepaid items and discount points;
• decorating allowances;
• repair allowances;
• excess rent credit;
• moving costs;
• paying off consumer debt;
• Personal Property;
• sales commission on the Borrower’s present residence; and
• below-market rent, except for Borrowers who meet the Identity-of-Interest exception for Family Members.
(1) Personal Property
Replacement of existing Personal Property items listed below are not considered an inducement to purchase, provided the replacement is made prior to settlement and no cash allowance is given to the Borrower. The inclusion of the items below in the sales agreement is also not considered an inducement to purchase if inclusion of the item is customary for the area:
• range
• refrigerator
• dishwasher
• washer
• dryer
• carpeting
• window treatment
• other items determined appropriate by the Homeownership Center (HOC)
(2) Sales Commission
An inducement to purchase exists when the seller and/or Interested Party agrees to pay any portion of the Borrower’s sales commission on the sale of the Borrower’s present residence. An inducement to purchase also exists when a Borrower is not paying a real estate commission on the sale of their present residence, and the same real estate broker or agent is involved in both transactions, and the seller is paying a real estate commission on the property being purchased by the Borrower that exceeds what is typical for the area.
(3) Rent Below Fair Market
Rent may be an inducement to purchase when the sales agreement reveals that the Borrower has been living in the property rent-free or has an agreement to occupy the property at a rental amount considerably below fair market rent. Rent below fair market is not considered an inducement to purchase when a builder fails to deliver a property at an agreed-upon time, and permits the Borrower to occupy an existing or other unit for less than market rent until construction is complete.
Give us a try or let us compare your options on your next mortgage transaction. Call/text at 502-905-3708. Free Mortgage Pre-Qualifications same day on most applications.
Email me at kentuckyloan@gmail.com with your questions
I specialize in Kentucky FHA, VA ,USDA, KHC, Conventional and Jumbo mortgage loans. I am based out of Louisville Kentucky. For the first time buyer with little money down, we offer Kentucky Housing or KHC loans with down payment assistance.
This website is not an government agency, and does
not officially represent the HUD, VA, USDA or FHA or any other government agency.
NMLS# 57916 http://www.nmlsconsumeraccess.org/
Joel Lobb Senior Loan Officer
American Mortgage Solutions, Inc.
10602 Timberwood Circle Suite 3
Louisville, KY 40223
phone: (502) 905-3708
Fax: (502) 327-9119
kentuckyloan@gmail.com
Company ID #1364 | MB73346E
EQUAL HOUSING LENDER
http://www.mylouisvillekentuckymortgage.com/
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