Louisville Kentucky Mortgage Programs 2011

Louisville Kentucky Mortgage Programs 2011

 

Louisville Kentucky Mortgage Programs

As an approved Louisville Kentucky  Fannie Mae (FNMA) and Louisville Ky FHA mortgage professional, I offer a wide array of kentucky loan programs, including Kentucky First Time Home Buyers Programs, Kentucky Refinance Programs, or Louisville Kentucky Renovation Home Programs. We lend on primary, secondary, and investment properties.

Kentucky Home Purchase Programs

Whether you’re a first-time homebuyer, upgrading to a new home, or buying an additional property, we offer a wide array of mortgage loan programs – many requiring a limited down payment (0 to 3%) for qualified individuals, both repeat and first time buyers.

Mortgage Program Highlights:
  • Fixed and adjustable rate options
  • $0 down payment options available
  • Up to 6% seller concessions
  • Down payment assistance and gifts permitted
  • Credit scores as low as 580
  • Debt to income ratios to 55.00% with automated approval
We specialize in the following Kentucky Home Mortgage Programs:
Conforming Agency (Conventional): Loans that conform to Fannie Mae and Freddie Mac guidelines, including maximum loan amount, borrower credit and income levels, down payment, and eligible properties.
Kentucky FHA: Loans insured by the Federal Housing Administration, a federal assistance program that promotes home ownership by offering low down payment options, lower interest rates and easier qualifications.
Kentucky VA: Loans guaranteed by the Department of Veterans Affairs for military service members with benefits like no down payment (100% financing) and competitive (and usually lower) interest rates.
Kentucky USDA: (United States Department of Agriculture) Government-insured rural development loans for the purchase of homes in rural areas with no down payment (100% financing), no monthly mortgage insurance and low interest rates.

KEntucky FHA 203(k): Loan program insured by the Federal Housing Administration (FHA) where purchase price and renovation costs are rolled into one loan amount. Two types:
  1. Standard (k) loan– no maximum for repairs, which can include structural renovations, room additions, roof repairs and replacement of plumbing.
  2. Streamline (k) loan – maximum of $35,000 for repairs including simple and cosmetic renovations like new flooring, kitchen/bathroom updates and gutter repair.
    See details of Stonegate’s Home Improvement Program (HIP) loans under Home Renovation Programs below.

Kentucky Housing Corporatino: KHC housing program for qualified first-time home buyers offering down payment and closing costs assistance up to $10,000 and lower rates.

Apply for a home loan by clicking the link below: It’s free and takes less than 5 minutes Or call us at 502-905-3708 for your free application over the phone

Advertisements

23 thoughts on “Louisville Kentucky Mortgage Programs 2011

  1. […] Louisville Kentucky Mortgage Programs 2011 (louisvillemortgageguide.com) 38.242149 -85.576818 Share this:SharePrintDiggFacebookRedditStumbleUponTwitterLinkedInLike this:LikeBe the first to like this post. This entry was posted in Streamline Refinance IRRRL, VA mortgage refinancing and tagged Cash out refinancing, Debt-to-income ratio, Federal Housing Administration, Home insurance, kentucky va loan, Kentucky VA refinance, Loan, louisville va loan, Mortgage loan, refinance, Refinancing, streamline VA refinance, VA loan by Louisville Kentucky Mortgage. Bookmark the permalink. […]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s