Kentucky Mortgage Lender

🏠 Kentucky FHA Loan Guidelines for 2026 Everything Kentucky homebuyers need to know — updated for 2026 with the latest loan limits, credit score requirements, down payment assistance, and more. FHA loans have been the go-to mortgage solution for Kentucky first-time homebuyers for decades — and in 2026, they remain one of the most flexible and accessible loan programs available across all 120 Kentucky counties. Whether you're buying your first home in Louisville, Lexington, Bowling Green, or a small rural community, this guide covers everything you need to know before you apply. 📊 2026 FHA Loan Limits in Kentucky Effective January 1, 2026, FHA increased the baseline loan limit for a single-family home to $541,288 — up from $524,225 in 2025. That's an increase of approximately $17,000, giving Kentucky buyers more purchasing power. Kentucky uses the national floor limit across all 120 counties, with no high-cost county designations. Property ...

Homebuyers with heavy debt might find it tougher to get a mortgage : Here’s what’s happening: For several years, FHA has insured loans to buyers who previously would have been considered too risky or marginal at best. Those applicants often carried crushing monthly personal debts — for credit cards, auto loans, student loans and other obligations — totaling more than half of their monthly incomes. Many also had histories of credit problems that lowered their credit scores. Combined with skimpy down payments of 3.5 percent and minimal bank reserves, these borrowers have a high statistical probability of defaulting on their loans. To prevent big losses to FHA’s insurance fund , the agency recently informed lenders nationwide that from March 18 onward, it would be applying more stringent standards to applications from high-risk home-buyers. In its letter, FHA documented its reasons for the crackdown. According to FHA Commissioner Brian Montgomery, the agency has been see...

Condo Buyers Guide: What you need to know when buying a condo Click on this link below for information about financing condos ↓↓↓↓↓↓↓ http://www.homepath.com/content/pdf/vendorresources/Marketing_Center_Condo.pdf Louisville Kentucky FHA Condo Guidelines  A detached condo for a FHA Mortgage Loan  is called a site condo and DOES NOT require FHA condo project approval!! Site Condos are a SINGLE Family TOTALLY DETACHED Dwelling. No shared garages or any other forms of attached buildings. There cannot be ANY kind of attachments connecting any part of any building including decorative arches or other types of architectural elements. Use appraisal form 1073 for site condos. Joel Lobb Senior  Loan Officer (NMLS#57916)  phone:  (502) 905-3708  Fax:      (502) 327-9119 kentuckyloan@gmail.com Kentucky FHA Condo Mortgage Loan Apply Below  Click this link here for a FHA Con...

How Do Changes to the FHA Condo Loan Rules Help You? FHA has recently provided new guidance on its rules for certifying condo buildings. Watch this video to learn why the FHA made these changes. Posted by Home Ownership Matters on Wednesday, February 3, 2016 Fill out my form!

Fill out my form!  KENTUCKY FHA STREAMLINE REFINANCE TRANSACTIONS. fha streamline refinance louisville kentucky 502-905-3708 for your free FHA Mortgage Prequalification In order to be in compliance with HUD Mortgagee Letter 2009-32, the following changes to  Kentucky  FHA Streamline Refinances   will be effective for new case numbers assigned  **** Revised Streamline Refinance Transactions WITHOUT an Appraisal **** The maximum insurable mortgage cannot exceed: • The outstanding principal balance* (from payoff) minus the applicable refund of the UFMIP, PLUS • The new UFMIP that will be charged on the refinance. **Closing cost cannot be included in the new maximum loan amount. ****Revised Streamline Transaction WITH an Appraisal**** The maximum insurable mortgage is the lower of: 1) Outstanding principal balance* minus the applicable refund of UFMIP, plus closing costs, prepaid items to establish the escrow account and the new UFMIP t...