Kentucky Housing Mortgage Rates


Interest Rates.

Kentucky Housing Mortgage Rates 

MRB Special Funding 

Limited Availabilty 

Interest Rate:  2.50% without Down Payment Assistance

                      3.00% with Down Payment Assistance

  • $35,000 Household Income Limit
  • First time home buyer, unless property located in targeted county
  • Existing or new construction property — purchase price limit $115,000
  • Regular and Affordable DAP available
  • FHA, VA or RHS first mortgage programs through MRB Funding
  • 640 credit score
  • Borrower must demonstrate a need for the special funding.  The borrower’s housing ratio must be at a minimum of 25%.
  • Maximum ratios of 40/45% with AUS approval.
  • All household occupants (18 yrs and older) with income must be included on loan and be credit ready.

Secondary Market Interest Rates — 45-Day Lock

Loan Type

Rate without Down Payment Assistance

Rate with Down Payment Assistance

FHA, VA & RHS

  • 640 credit score
  • AUS approval
  • Purchases & Refinances

4.000%

 4.500%

Conventional

  • 680 credit score
  • No MI required
  • LTV 80.01% -97.00%
  • *DU AUS approval
  • Purchases

5.125%

5.500%

Mortgage Revenue Bond Interest Rates — 45-Day Lock

Loan Type

Rate without Down Payment Assistance

Rate with Down Payment Assistance

FHA, VA & RHS

  • 640 credit score
  • AUS approval
  • Purchases

4.000%

 4.500

Conventional

  • 680 credit score
  • No MI required
  • LTV 80.01% -97.00%
  • *DU AUS approval
  • Purchases

5.125%

5.500%

Kentucky Housing Mortgage Rates

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Author: Louisville Kentucky Mortgage

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. This website is not an government agency, and does not officially represent the HUD, VA, USDA or FHA or any other government agency. NMLS# 57916 http://www.nmlsconsumeraccess.org/ Joel Lobb Senior Loan Officer (NMLS#57916) American Mortgage Solutions, Inc. 800 Stone Creek Pkwy, Ste 7, Louisville, KY 40223 phone: (502) 905-3708 Fax: (502) 327-9119 kentuckyloan@gmail.com Company ID #1364 | MB73346 http://mylouisvillekentuckymortgage.com Equal Housing Lender

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