$15,000 Down payment Assistance Grant for Kentucky First Time Homebuyers in 2016

Zero percent interest rate.
A non-repayable second mortgage up to $15,000.
Forgiven after five years.
Home purchase must be located in Christian, Hardin, Jefferson, or Kenton counties.
Applicants must meet secondary market income and buying limits..
• Borrower must be a first-time home buyer (no ownership interest in the last three years).
• Pre-purchase home buyer education required.

Minimum 640 credit score.
Maximum ratios of 40/45

Louisville Kentucky Mortgage Loans

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