Types of Kentucky Mortgages

There are four main types of Kentucky mortgage loans. They are the Kentucky Conventional Loan, FHA Loan, VA Loan, and the USDA Loan. The one that works best for you will depend on your situation: If you're a home-buyer in Kentucky, it's important to understand the different types of mortgage loans. Knowing this helps you in finding the best mortgage programs. … Continue reading Types of Kentucky Mortgages

First-Time Homebuyers Kentucky Mortgage Offerings to consider

https://kyfirsttimehomebuyer.wordpress.com/2024/03/23/first-time-homebuyers-kentucky-mortgage-offerings-to-consider/?page_id=7657 Here is a comparison chart outlining different loan programs for Kentucky first-time homebuyers in 2024: Loan Program FHA Loan VA Loan USDA Loan Conventional Loan Minimum Down Payment 3.5% 0% 0% 3% - 5% Credit Score Required 500-579 with 10% down Typically 620+ Typically 640+ Typically 620+ Mortgage Insurance Required Not required Required Required … Continue reading First-Time Homebuyers Kentucky Mortgage Offerings to consider