|Down Payment Assistance for Ky First Time Home Buyers|
Kentucky Down payment assistance loans are available up to $6,000 for Mortgage
KHC is used for mostly applicants in Kentucky that don't have access to money for a down payment on their home.
These loans can make a critical difference to buyers for whom the down payment is an obstacle. Buyers whose 3.5% down payment is less than the $6000 limit may choose to use the remainder of a down payment loan to pay closing costs, further reducing the amount needed to bring to closing.
KHC recognizes that down payments, closing costs, and prepaids are stumbling blocks for many potential home buyers. Here are several loan programs to help. Your KHC-approved lender can help you apply for the program that meets your need.