HUD Housing Counseling Agencies located in KENTUCKY


Adapted from Wikipedia's KY

Programs and Options

Short Sale

In a short sale if you are not able to use the options above and you cannot bring your loan current, afford to make the monthly payments, or sell the property for the full amount of the loan, your lender would have to agree to accept less than the amount owed as full payment.

The Positive:

Under the terms of a short sale you are protected byThe Mortgage Debt Relief Act of 2007 and your lender may forgive your mortgage debt in its entirety according to the terms outlined in The Mortgage Debt Relief Act of 2007.  The waiting period to buy a home after a short sale could be less than 14 months compared to the 5-7 years following a foreclosure.

The Negative:

You must sell your home.

Deed-in-Lieu of Foreclosure

A deed-in-lieu of foreclosure your lender would have to agree for you to voluntarily transfer the deed to the property to them.  This is typically done when you are unable to bring your loan current or sell your home in a reasonable amount of time.

The Positive:

By voluntarily agreeing to a deed-in-Lieu of foreclosure you would save your lender thousands of dollars by avoiding the foreclosure proceedings. If you and your bank are willing to do this, Fannie Mae has reduced the mandatory waiting period to establish credit history to a minimum of 4 years compared to the mandatory waiting period of 5-7 years following a foreclosure.

 The Negative:

You must move from your home.

 

 

Forbearance

If you and your lender agree to a forbearance, you will pay a reduce amount of your mortgage or your lender will suspend payments for a short amount of time. At the end of the forbearance period, you will make your regular mortgage payment plus an additional amount of the past due payments each month until you are caught up.

The Positive:

You will be able to remain in your home and with a temporary reduced monthly payment or a suspended payment.  This will give you the time to recover from injury or illness, save money, pay off other bills, and find employment or additional employment.

The Negative:

For a period of 1-year or more your mortgage payments could be up to20%-25% higher due to the past due amounts owed after the forbearance period.

Loan Modification

In a loan modification if you don’t have enough money to bring your account current but you can afford to continue making the original mortgage payments on your loan, your lender may be able to take your delinquent payments add them to your original loan and make the monthly payment more affordable. The way that the lender may permanently changed your loan is by lowering the interest rate, making an adjustable rate fixed, adding the missed payments to the back end of the existing loan balance, or they may choose to extending the number of years you have to repay your loan.

The Positive:

You will be able to remain in your home.

The Negative:

Most people do not qualify for a loan modification because of additional debt such as credit cards, car payments, medical bills, and student loans.   Another problem people are running into is that their home has depreciated in value or they purchased their home with little or no money down.

HUD Housing Counseling Agencies located in KENTUCKY

This listing is current as of 08/04/2012.

HUD
Agency Name
Phone
Toll-Free
Fax Number
Email
Website
Address Languages
KCEOC COMMUNITY ACTION PARTNERSHIP, INC. P: 606-546-3152
T:
F: 606-546-5057
E: jsmith@kceoc.com
W: www.povertyisreal.org
PO Box 490
Barbourville, Kentucky 40906+0490
– English
CCCS OF THE MIDWEST P: 800-355-2227
T: 800-355-2227
F: 614-552-4800
E: info@apprisen.com
W: www.apprisen.com
1725 Ashley Circle, Ste 107
BOWLING GREEN, Kentucky 42104-5811
– English
HOUSING ASSISTANCE AND DEVELOPMENT SERVICES, INC. P: 270-796-4176
T:
F: 270-796-8203
E: hands@handsinc.net
W: www.handsinc.net
1133 Adams Street
BOWLING GREEN, Kentucky 42101-2603
– English
KENTUCKY LEGAL AID P: 270-782-1924
T:
F:
E: N/A
W: www.klaid.org
1700 Destiny Ln
BOWLING GREEN, Kentucky 42104-1063
– English
– Spanish
LIVE THE DREAM DEVELOPMENT, INC P: 270-843-6071-7124
T:
F: 270-781-7091
E: eholley@habg.org
W: n/a
247 Double Springs Road
BOWLING GREEN, Kentucky 42101-5160
– English
CATHOLIC CHARITIES, DIOCESE OF COVINGTON P: 859-581-8974
T:
F: 859-581-9595
E: info@covingtoncharities.org
W: www.covingtoncharities.org
3629 Church St
COVINGTON, Kentucky 41015-1430
– English
– Spanish
LEGAL AID OF THE BLUEGRASS P: 859-957-0189
T: 800-274-5863
F: 606-783-1342
E: bcombs@lablaw.org
W: www.lablaw.org
104 East 7th Street
COVINGTON, Kentucky 41011-2502
– English
– Spanish
CCCS OF THE MIDWEST P: 800-355-2227
T: 800-355-2227
F: 614-552-4800
E: info@apprisen.com
W: www.apprisen.com/home.asp
950 North Mulberry
Suite 220F
ELIZABETHTOWN, Kentucky 42701-3612
– English
CCCS OF THE MIDWEST P: 800-355-2227
T: 800-355-2227
F: 614-552-4800
E: info@apprisen.com
W: www.apprisen.com/home.asp
11 Shelby Street
FLORENCE, Kentucky 41042-1612
– English
CCCS OF THE MIDWEST P: 800-355-2227
T: 800-355-2227
F: 614-552-4800
E: info@apprisen.com
W: www.apprisen.com
649 Charity Court
#15
FRANKFORT, Kentucky 40601-4223
– English
KENTUCKY LEGAL AID, INCORPORATED P: 270-782-5740
T: 866-452-9243
F: 270-782-5740
E: scrocker@klaid.org
W: www.klaid.org
1411 South Main Street
HOPKINSVILLE, Kentucky 42240-2017
– English
CCCS OF THE MIDWEST P: 800-355-2227
T: 800-355-2227
F: 614-552-4800
E: info@apprisen.com
W: www.apprisen.com/home.asp
2265 Harrodsburg Road
Stuite. 303
LEXINGTON, Kentucky 40504-3500
– English
COMMUNITY VENTURES CORPORATION P: 859-231-0054-204
T:
F:
E: dmajor@cvcky.org
W: www.asite.com
1450 N Broadway
LEXINGTON, Kentucky 40505-3162
– English
– Spanish
REACH, INC. P: 859-455-8057
T:
F: 859-455-7436
E: kjones@reachky.com
W: www.reachky.com
733 Red Mile Rd
LEXINGTON, Kentucky 40504-1153
– English
– Spanish
ROAD TO HOMEOWNERSHIP, INC. P: 502-647-3027
T:
F: 502-647-3099
E: ybradford@theroadleadinghome.org
W: n/a
121 Prosterous Place Ste A
LEXINGTON, Kentucky 40509-1800
– English
CCCS OF THE MIDWEST P: 800-355-2227
T: 800-355-2227
F: 614-552-4800
E: info@apprisen.com
W: www.apprisen.com
2100 Gardiner Lane Ste 103A
LOUISVILLE, Kentucky 40205-2900
– English
CCCS OF THE MIDWEST P: 800-355-2227
T: 800-355-2227
F: 614-552-4800
E: info@apprisen.com
W: www.apprisen.com
11492 Bluegrass Parkway
Suite 110
LOUISVILLE, Kentucky 40299-2334
– English
HOUSING FOUNDATION P: 270-965-2233
T: 866-965-2239
F: 775-213-7867
E: myhomeky@bellsouth.net
W: www.myhomeky.org
330 North Hubbards Lane Office #4
LOUISVILLE, Kentucky 40207-2396
– English
LEGAL AID SOCIETY, INC. P: 502-584-1254
T:
F: 502-584-8014
E: spope@laslou.org
W: n/a
416 West Muhammad Ali Blvd., Suite 300
LOUISVILLE, Kentucky 40202-3376
– English
– French
– Hindi
– Other
– Spanish
LOUISVILLE URBAN LEAGUE P: 502-566-3362
T:
F: 502-568-4663
E: cmccravy@lul.org
W: www.lul.org
1535 West Broadway
LOUISVILLE, Kentucky 40203-3515
– English
NID-HCA SICKLES P: 502-810-9200
T:
F: 502-966-6040
E: nidhca.sickles@gmail.com
W: www.nidonline.org & www.makingyourhomeaffordable.org
3215 Fern Valley Road
Suite 106
LOUISVILLE, Kentucky 40213-3552
– English
– Spanish
THE HOUSING PARTNERSHIP, INC P: 502-585-5451
T:
F:
E: lwood@wearehpi.org
W: www.wearehpi.org
321 Guthrie Grn
Louisville, Kentucky 40202+1813
– English
– Spanish
KENTUCKY LEGAL AID, INCORPORATED P: 270-782-5740
T: 800-782-1924
F: 270-825-0689
E: scrocker@klaid.org
W: www.klaid.org
100 South Railroad Street, # 120
MADISONVILLE, Kentucky 42431-2467
– English
PURCHASE AREA HOUSING CORPORATION P: 270-247-7171
T:
F: 270-251-6110
E: David.Hargrove@purchaseadd.org
W: www.purchaseadd.org
1002 Medical Dr
MAYFIELD, Kentucky 42066-1184
– English
BRIGHTON CENTER, INCORPORATED P: 859-491-8303
T:
F:
E: brighton@brightoncenter.com
W: brightoncenter.com
PO Box 325
Newport, Kentucky 41072+2325
– English
KENTUCKY LEGAL AID, INCORPORATED P: 270-782-5740
T: 866-452-9243
F: 270-683-3513
E: jmorre@klaid.org
W: www.klaid.org
117 West 2nd Street
OWENSBORO, Kentucky 42303-4112
– English
– Spanish
CLEARPOINT FINANCIAL SOLUTIONS, INC. P: 270-443-7917
T: 270-443-7917
F: 270-443-9414
E: hud-inquiries@clearpointfs.org
W: www.clearpointccs.org
118 Bleich Rd
C-Plant Credit Union Building


Paducah, Kentucky 42003+8703
– ASL
– English
– Other
– Spanish
KENTUCKY LEGAL AID, INCORPORATED P: 270-782-5740
T: 866-452-9243
F: 270-782-5740
E: jmorre@klaid.org
W: www.klaid.org
1122 Jefferson Street
PADUCAH, Kentucky 42001-1836
– English
CCCS OF THE MIDWEST P: 800-355-2227
T: 800-355-2227
F: 614-552-4800
E: info@cccservices.com
W: www.cccservices.com/home.asp
317 Main Street
PIKEVILLE, Kentucky 41501-1135
– English
APPALACHIAN RESEARCH AND DEFENSE FUND OF KENTUCKY P: 606-886-3876
T: 800-556-3876
F: 606-886-3704
E: dianef@setel.com
W: www.ardfky.org
120 North Front Avenue
PRESTONSBURG, Kentucky 41653-7832
– English
– Spanish
CCCS OF THE MIDWEST P: 800-355-2227
T: 800-355-2227
F: 614-552-4800
E: info@cccservices.com
W: www.cccservices.com
200 E Main St 2nd Floor
RICHMOND, Kentucky 40475-1628
– English
HAZEL JOYCE WILEY CAREER AND FINANCIAL LITERACY INSTITUTE, INC P: 502-647-3072
T:
F: 502-647-3099
E: hjwfinancial@bellsouth.net
W: www.hjwfinancial.org
330 Main Street
SHELBYVILLE, Kentucky 40065-1026
– English
– Spanish
POTENTIALS INC P: 606-416-5711
T:
F:
E: potentials.scarlette@newwavecomm.net
W: n/a
105 Burdine Street
SOMERSET, Kentucky 42501-2311
– English
GATEWAY COMMUNITY SERVICE ORGANIZATION, INC P: 606-743-3133
T:
F: 606-743-1130
E: debbie.vannorman@gcscap.org
W: n/a
124 College Street
PO Box 367
WEST LIBERTY, Kentucky 41472-1115
– English

Author: Louisville Kentucky Mortgage Broker Offering FHA, VA, USDA, Conventional, and KHC Zero Down Payment Home Loans

I have helped over 589 Kentucky families buy or refinance their home over the last 18 years. Realizing that this is one of the biggest, most important financial transactions a family makes during their lifetime, I always feel honored and respected when I am chosen to originate their personal home loan. You can count on me to deliver on what I say, and I will always give you honest, up-front personal attention you deserve during the loan process. I have several advantages over the large banks in town. First, I can search and negotiate for your loan options through several different mortgage companies across the country to get you the best deal locally. Where most banks will offer offer you their one set of loan products. I have access to over 10 different mortgage companies to broker your loan through to get you the best pricing and loan products that may not fit into the bank's program due to credit, income, or other underwriting issues. You will not get lost in the shuffle like most borrowers do at the mega banks; you're just not a number at our company, you are a person and we will treat you like one throughout the entire process. Give us a try or let us compare your options on your next mortgage transaction. Call me locally at 502-905-3708. Free Mortgage Pre-Qualifications same day on most applications. Email me at kentuckyloan@gmail.com with your questions I specialize in Kentucky FHA, VA ,USDA, KHC, Conventional and Jumbo mortgage loans. I am based out of Louisville Kentucky. For the first time buyer with little money down, we offer Kentucky Housing or KHC loans with down payment assistance. Customer Testimonials 😍😍😍 We just moved here the first of January in 2017 from Ohio to the Louisville, KY area and we found Joel's website online. He was quick to respond to us and got back the same day on our loan approval. He was very knowledgeable about the local market and kept us up-to date throughout the loan process and was a pleasure to meet at closing. Would recommend his services. Angela Forsythe "We were searching online for mortgage companies in Louisville, Ky locally to deal with and found Joel's website, and it was a godsend. He was great to work with, and delivered on everything he said he would do. I ended up referring my co-worker at UPS, and she was very pleased with his service and rates too. Would definitely vouch for him." September 2016 Monica Leinhardt "We contacted Joel back in July 2011 to refinance our Mortgage and he was great to work with. We contacted several lenders locally and online, and most where taking almost 60 days to close a refinance, Joel got it done in 23 days start to finish,I would definetly recommmend him. He got us 3.75% with just $900 in closing costs on our FHA Streamline loan. Kayle Griffin “Joel is one of the best Mortgage Brokers I have ever worked with in my sixteen years in the real estate and mortgage business.” May 25, 2010 Tim Beck “Joel has always worked very hard to keep his word and to work out seasonable solutions to difficult problems. He is truly an expert in FHA and other type loans.” September 1, 2010 Nancy Nalley “I have worked with Joel since 1998. He is a great loan professional.” I refer most of my Louisville, Kentucky area home buyers to him and he always take special care of them. August 23, 2012 Jon ClarK “Joel Lobb is a real professional in the lending industry, with many years of experience, he is the one to go to for any mortgage lending needs.” August 22, 2011 RICHARD VOLZ , Residential Sales , Remax Foursquare Realty “When looking to purchase our new home in 2006, I had the pleasure of meeting Joel Lobb. Not only was he personable and easy to reach, he was extremely knowledgable in his field and made sure to find us the best rate and a top notch mortgage company. We were able to complete the process in less than 3 weeks with his expertise. I find Joel to have the utmost high integrity and I recommend him to anyone who say's they are need of mortgage assistance. He is also fantastic and keeping everyone up to date on the latest in the housing industry through his twitter posts. He provided great results for our family and we still communicate to this day!” August 21, 2010 Stacie Drake "We first use Joel on our new home purchase in 2007 in St Matthews, Kentucky area and he was great to work with. We have since refinanced our home with him in 2010 when rates got really low and he has always delivered on what he says. I could not imagine using anyone else." Melody Glasscock March 2014 Absolutely Amazing!! I emailed Joel after I had just got a denial from a bank and just thought i would try to get some advice on what my next steps would be to get a house. I honestly didn't expect to even get a reply because my credit is not great. That was about a week and a half ago. I just signed a contract on a house last night. ONLY because of Joel Lobb. He even worked with us throughout the weekend, which shocked me. Best decision I have ever made. THANK YOU SO MUCH FOR WORKING WITH US THROUGHOUT THE ENTIRE PROCESS. Cee Bellisle August 2017 Contacted him about buying a home and he was great to work with. I was moving to Louisville Ky to take a new job and he walked me through the entire process. He explained to me all the different options for FHA, VA, USDA mortgage loans and credit score requirements versus Fannie Mae. Since I was a first time home buyer I needed alot of help and guidance. I would definitely recommend him. Fast to respond and available to answer questions that I or my realtor had after hours. Anderson Johnson April 2018 Wow, what a great loan officer. I was referred to him by our agent and he was great to work with. We used him for a USDA no money down loan in Shelby County and we were really impressed. We were afraid we could not buy a home since we did not have money saved for a down payment, but Joe l was able to get us a zero down loan and we even got our appraisal fee and good faith deposit back at closing. We actually got money back at closing!!! I Can't think him enough. Our family moved from our apartment in the south end of town to get our own home with 5 acres for our kids and 2 dogs, at a payment that is equal to our rent payment also. .Thanks Again Joel. May god bless you Patty Locker We contacted Joel about buying a house on our move from Ohio for my husband's job transfer with Ford. We put a lot of trust in him since we were new to the area and first time home buyers in the Louisville KY market, and he always delivered on what he said. It took us a while to find a home due to the lack of homes, but once we got one, he was always quick to respond our questions via text or email ,and kept us informed through the process. We got to meet him at the closing and he was super nice and even got us a closing gift for our home which we didn't expect at all. Super nice guy 😀!!! I would definitely recommend him for a local Home loan in the Louisville area. pam dolby I got a VA loan with Joel and he was great. He is an ex-army guy so he could relate to my past experiences of being a veteran and moving around the country a lot. I had some credit issues that required a little extra work but Joel was able to find A VA lender to approve my situation as far as having past bad credit problems and a lower credit score. We closed yesterday on our home here in Louisville and we could not be happier. We finally have a home of our own thanks to Joel . I would definitely recommend him for a mortgage loan. Great experience and closed 8 days before expected close date so we were able to move in early. larry summit I contacted Joel about the $10,000 KY Housing Grant last month and we were able to get it and I just closed on my home. He was great to work with and if you are a first time home buyer here in Louisville, I would definitely contact him. I met him at his office and he was very nice and knowledgeable and kept me informed through the process. No surprises either so I was very happy. I am new homeowner thanks to Joel . Joel Lobb Senior Loan Officer American Mortgage Solutions, Inc. 10602 Timberwood Circle Suite 3 Louisville, KY 40223 phone: (502) 905-3708 Fax: (502) 327-9119 kentuckyloan@gmail.com http://www.mylouisvillekentuckymortgage.com/ Company ID #1364 | MB73346E This website is not an government agency, and does not officially represent the HUD, VA, USDA or FHA or any other government agency. http://www.nmlsconsumeraccess.org/ Disclaimer: No statement on this site is a commitment to make a loan. Loans are subject to borrower qualifications, including income, property evaluation, sufficient equity in the home to meet Loan-to-Value requirements, and final credit approval. Approvals are subject to underwriting guidelines, interest rates, and program guidelines and are subject to change without notice based on applicant's eligibility and market conditions. NMLS#57916 http://www.nmlsconsumeraccess.org/ . The content in this marketing advertisement has not been approved, reviewed, sponsored or endorsed by any department or government agency. Rates are subject to change and are subject to borrower(s) qualification.

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