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Showing posts with the label 2.0 HARP
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 →

Kentucky Mortgage Loan Programs | FHA, VA, USDA & Conventional Guide

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Understanding the Four Main Mortgage Loan Programs in Kentucky When buying a home in Kentucky, your mortgage will typically fall under one of four major loan programs: FHA, VA, USDA, or Conventional (Fannie Mae/Freddie Mac) . Each program offers unique benefits depending on your credit, income, military status, and location. Below is a streamlined breakdown to help you determine the best fit for your situation. Conventional Loan Minimum down payment: 3%–5% Minimum credit score: 620 (680+ for best pricing) Mortgage insurance can be removed at 80% equity Best for: buyers with strong credit & stable income Bankruptcy wait: 4–7 years Foreclosure wait: 7 years Closing costs can be lender-paid (higher rate) Kentucky USDA Rural Housing Loan 100% financing (0% down) Credit score: 640+ for automated GUS approval Mortgage insurance: .35% monthly, 1% upfront Manual underwriting ratio caps: 29% / 41% Property must be U...
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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.
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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 →

The New 2012 Home Affordable Refinance Program (HARP) for Kentucky Mortgages

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The New 2012 Home Affordable Refinance Program (HARP) for Kentucky Mortgages Upside down on your Kentucky  home?  Do you currently owe more on your home then what it is worth due to the current housing market?  If you do, you are not alone.  There are thousands of homeowners across the country that are in the same financial position.  These same people would love to reduce their interest rate, save finance charges, and lower their monthly payments but feel they can’t since their home has significantly reduced in value.  In some cases, families may owe 50% more then what their home is worth!  For example, a family may owe $150,000.00 on their home that they purchased 4 years ago.  At the time they purchased their home, the home was worth $200,000.00.  Now, due to foreclosure, short sales, and the current economic situation we are facing in theUS, their home is now worth $100,000.00. ...
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HARP: A Lot of Hype or a Big Help - Your Questions Answered

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HARP 2.0 Refinance Guidelines for Fannie Mae and Freddie Mac Louisville Kentucky Mortgage Loans

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\ Louisville Kentucky Mortgage Loans FHA, VA, KHC, Rural Housing, USDA, Fannie Mae Mortgage Loans HARP 2.0 Refinance Guidelines for Fannie Mae and Freddie Mac Louisville Kentucky Mortgage Loans -- Joel Lobb Senior  Loan Officer (NMLS#57916)  phone:  (502) 905-3708   kentuckyloan@gmail.com
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Updated Guidelines for HARP 2.0 Refinance of Louisville Kentucky Mortgage Loans

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Updated Guidelines for HARP 2.0 Refinance of  Louisville Kentucky Mortgage Loans  What is HARP / HARP 2 ? HARP  stands for  Home Affordable Refinance Program , an initiative from the Federal Housing Finance Agency (FHFA) to assist Louisville, Kentucky and  other Kentucky  homeowners whose homes are now worth less than what they owe.    And just recently, new enhancements to the program were announced, making refinancing options available again to an estimated one million  more  homeowners ( HARP 2 will be readily available starting March 15, 2012) . If you are a responsible homeowner but the current marketplace loan-to-value (LTV) requirements and need for a new appraisal have made it difficult or impossible for you to refinance at today's record low interest rates,  Mortgages Unlimited  may  even be able to help you  without  needing a new appraisal or meeting previous LTV requirements.   ...
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Louisville, KY HARP Mortgage Lender New HARP could help up to 6.7 million - WDRB 41 Louisville - News, Weather, Sports Community

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New HARP could help up to 6.7 million - WDRB 41 Louisville - News, Weather, Sports Community Louisville, KY HARP Mortgage Lender Joel Lobb  (NMLS#57916) Senior  Loan Officer 502-905-3708 cell 502-813-2795 fax jlobb@keyfinllc.com Key Financial Mortgage Co.  (NMLS #1800)* 107 South Hurstbourne Parkway* Louisville, KY 40222* http://mylouisvillekentuckymortgage.com   By Peter King Provided by   Recent changes to HARP mean that some 6.7 million homeowners will be eligible to refinance their mortgage to a lower interest rate under the government-backed program. That's according to a new analysis by the real estate analytics firm DataQuick. The company estimates that's how many borrowers could potentially benefit from a recent change to the program that allows borrowers to refinance regardless of how far underwater they are on their mortgage. Limit on underwater refinancing removed Mortgage servicers are currently implementing severa...
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