Kentucky FHA Mortgage Loans vs Kentucky USDA Rural Housing Loans Compared

Here are the important points about Kentucky USDA Rural Housing Loans: USDA loan are only available in certain counties of Kentucky. There are two types of USDA loans available: Direct and Guaranteed.  100% financing. No down payment  USDA will go down to a no score and uses and  automated underwriting pre-approval system called GUS-Guarantee Underwriting … Continue reading Kentucky FHA Mortgage Loans vs Kentucky USDA Rural Housing Loans Compared

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