Louisville & Kentucky Mortgage Lender

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Showing posts with the label KHC

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 →

KHC Down Payment Assistance 2026: Up to $12,500 in Kentucky (Rates, Terms & Credit Rules)

- July 28, 2026

KHC Down Payment Assistance 2026: How to Get Up to $12,500 in Kentucky (Amounts, Credit Rules & How to Qualify) If you're trying to buy a home in Kentucky and the biggest obstacle is cash to close, Kentucky Housing Corporation (KHC) down payment assistance can be a practical solution. In 2026, KHC down payment assistance is structured as a repayable second mortgage that helps cover down payment, closing costs, and prepaid items — so qualified buyers aren't forced to delay homeownership simply because they haven't saved a large sum. This guide covers the rules that matter most: the assistance amount, credit score overlays, income limits by county, purchase price limits, and the DTI cap you need to plan around before you write an offer. 🏠 Ready to See If You Qualify for KHC Down Payment Assistance? Call or text Joel Lobb for a free, same-day pre-approval — no obligation, no cost. 📞 502-905-3708 | ✉️ [email protected] Ser...

2026 Kentucky Homebuyers Guide: Getting Approved for a Mortgage Loan in Kentucky

- December 26, 2025

If you’re a Kentucky homebuyer, this updated 2026 guide walks you through the mortgage approval process from start to finish. Whether you are buying your first home or your next home, this resource covers FHA, VA, USDA, KHC loans, down payment assistance, and available grants. You’ll also find clear guidance on credit scores, income limits, debt-to-income ratios, work history, appraisals, inspections, bankruptcy, foreclosure rules, and realistic closing timelines. Zero Down Payment Options for Kentucky Homebuyers in 2026 Kentucky continues to offer multiple paths to homeownership with little to no money down: Kentucky Housing Corporation (KHC) loans FHA loans paired with down payment assistance VA loans for eligible veterans and active-duty service members USDA Rural Housing loans Federal Home Loan Bank Welcome Home Grant (when available) Each program has different eligibility rules. The sections below break them down clearly. Kentucky FHA Loan With KHC Dow...

Kentucky Mortgage Forbearance Guidelines

- September 15, 2021

Kentucky First Time Home Buyer Programs For Home Mortgage Loans: Kentucky Mortgage Forbearance Guidelines for Fanni... : Conventional Mortgage Loans by Fannie Mae Mortgage credit history for any mortgage which the borrower is obligated as borrower, co-borrower, or co-signer may be considered acceptable if it meets one of the following:  The borrower has made all payments due on time, prior to subject loan Note date, even though the loan was in forbearance, or  The borrower has not made one or more payments due, and the late payments or forbearance has been resolved per one of these acceptable resolution plans: Resolution Plans* Eligibility Requirements Reinstatement ▪ Any missed payments must be made ▪ Funds to reinstate after application must be documented from eligible source ▪ Funds from the current transaction may not be used to reinstate mortgage Repayment Plan ▪ Must have made 3 timely** payments under the repayment plan, or ▪ Repayment plan has been completed ▪ Funds from...

Kentucky Mortgage Down Payment Requirements

- November 19, 2020

If you’re a Kentucky first-time homebuyer looking for low down payment mortgage options, several may be available to you. In fact, many of these options are available even if you aren’t a Kentucky first-time homebuyer. Low down payment mortgage options and requirements for Kentucky Homebuyers: Down payment mortgage options and requirements for Kentucky Homebuyers -- Joel Lobb Mortgage Loan Officer Individual NMLS ID #57916 American Mortgage Solutions, Inc. 10602 Timberwood Circle Louisville, KY 40223 Company NMLS ID #1364 click here for directions to our office Text/call: 502-905-3708 fax: 502-327-9119 email: kentuckyloan@gmail.com https://www.mylouisvillekentuckymortgage.com/

Kentucky Housing Corporations KHC First Time Home Buyers Down Payment Assistance Zero Down Options for 2014

- January 03, 2014

KHC First Time Home Buyers Down Payment Assistance Zero Down Kentucky Housing Corporation (KHC) still has $4 million in Mortgage Revenue Bond (MRB) Special Funding available! This funding is limited and available on a first-come, first-served basis. Effective with reservations on or after Monday, January 6, 2014 , all households below $35,000 gross annual household income will qualify for the MRB Special Funding interest rates. The rate with DAP will be lowered and the requirement to demonstrate a need by having at least a 25% front ratio has been eliminated. Program guidelines: First-time home buyers, unless property is located in a targeted county. Interest rate is fixed at 2.5 percent without Down payment Assistance Program (DAP) or 2.75 percent with DAP. Maximum ratios 40/45%. Executed purchase contract. Existing or new construction property (purchase price limit $115,000). Regular and Affordable DAP available. FHA, VA, and RHS first-m...

Mortgage Program Flowchart for Qualifying a mortgage loan in Kentucky

- December 17, 2013

“Do I Qualify for a Mortgage Loan?” – RealEstate.com Flowchart Exceptions to flowchart above. 1. Having a DTI ratio over 36% will not prevent a borrower from qualifying. A Kentucky household can comfortably afford a mortgage with a DTI ratio up to 45% or 55% with a VA or FHA loan with compensating factors such as high credit scores (740+),reserves equal to 12 months or more, large down payment or savings. 2. Down Payment. There are several loan programs in Kentucky that allow a borrower to buy a home with little to $0 down payment. In fact, the USDA loan has a lower payment even when they have no down payment than compared to using an FHA loan with 3.5% down payment. Also there is VA loans which require no down payment if you are a veteran or active duty military, and last but not least, there is KHC or Kentucky Housing which offers down payment assistance on FHA loans in Kentucky so you can buy a home with zero down payment. Questions about qua...

Kentucky Housing or KHC Interest Rate:

- November 13, 2013

Interest Rates Reservation System Open Monday - Friday from 10 a.m. to 9 p.m. Rates subject to change without notice Secondary Market Interest Rates -- 45 Day Lock Loan Type Rate without Down Payment Assistance Rate with Down Payment Assistance FHA, VA & RHS 4.0% 4.25% Conventional Preferred 4.25% 4.50% Conventional Preferred Risk 4.750% 4.875% HFA Preferred Plus 80 4.375% 4.625% Secondary Market Refinance Rates -- 45 Day Lock Loan Type Rate FHA Refinance 4.0% RHS Streamlined-Assist Refinance Program 4.0%

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