Fannie Mae HomePath Foreclosure listings in Jefferson County!


  You have subscribed to receive alerts in Kentucky. $99,900Just Listed 131 S Maple St Elizabethtown, KY 42701 3 Beds |2 Baths | 1668 sq. ft. View Property $79,900Price Reduced 1931 Kingtree C…

Source: Fannie Mae HomePath Foreclosure listings in Jefferson County!

Fannie Mae HomePath Foreclosure listings in Kentucky and Jefferson County!


Fannie Mae Foreclosure listings in Kentucky and Jefferson County!

HomePath

You have subscribed to receive alerts in Kentucky.

$99,900Just Listed

131 S Maple St
Elizabethtown, KY 42701

3 Beds |2 Baths | 1668 sq. ft.

View Property

$79,900Price Reduced

1931 Kingtree Ct
Lexington, KY 40505

3 Beds |1 Baths | 1026 sq. ft.

View Property

$34,000Price Reduced

1618 Flynns Ferry Rd
Fredonia, KY 42411

2 Beds |1 Baths | 1221 sq. ft.

View Property

$69,000Price Reduced

8621 Whites Crk
Catlettsburg, KY 41129

3 Beds |2 Baths | 1422 sq. ft.

View Property

$277,900Price Reduced

12008 Vanherr Dr
Louisville, KY 40299

4 Beds |3 Baths | 2273 sq. ft.

View Property

$39,900Active

220 Montrose Ave
Harrodsburg, KY 40330

3 Beds |1 Baths | 1273 sq. ft.

View Property

$127,750Active

313 Timberline Ct
Berea, KY 40403

4 Beds |3 Baths | 1900 sq. ft.

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$49,900Active

1079 Willisburg Rd
Lawrenceburg, KY 40342

2 Beds |1 Baths

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Coming Soon

11501 Flowervale Ln
Louisville, KY 40272

3 Beds |2 Baths | 1201 sq. ft.

View Property

Coming Soon

1456 Highway 1643
Somerset, KY 42501

3 Beds |1 Baths

View Property

 HomePath listings in Jefferson County!

 

Click Link to View Property 3520 RAMONA AVE
LOUISVILLE, KY 40220

3.0 br, 1.0 ba | 1080 sq. ft.
MLS ID: 1449071

$125,000
Just Listed
Click Link to View Property 7801 APPLEVIEW LN
LOUISVILLE, KY 40228

3.0 br, 3.0 ba | 2090 sq. ft.
MLS ID: 1449264

$179,000
Just Listed
Click Link to View Property 7314 SAINT ANDREWS WOODS CIR UNIT 101
LOUISVILLE, KY 40214

2.0 br, 2.0 ba | 1024 sq. ft.
MLS ID: 1449033

$92,500
Just Listed
Click Link to View Property 4600 FLUSHING WAY
LOUISVILLE, KY 40272

4.0 br, 2.0 ba | 1760 sq. ft.
MLS ID: 1449732

$129,900
Just Listed
Click Link to View Property 223 S 25TH ST
LOUISVILLE, KY 40212

4.0 br, 2.0 ba | 2228 sq. ft.
MLS ID: 1449189

$17,500
Just Listed
Click Link to View Property 12008 VANHERR DR
LOUISVILLE, KY 40299

4.0 br, 3.0 ba | 2273 sq. ft.
MLS ID: 1447335

$277,900
Price Reduced
Click Link to View Property 7615 ROSEMARY LN
LOUISVILLE, KY 40214

4.0 br, 2.0 ba | 1156 sq. ft.
MLS ID: 1447525

$46,800
Active
Click Link to View Property 5411 CRAMBROOK AVE
LOUISVILLE, KY 40272

3.0 br, 1.0 ba | 988 sq. ft.
MLS ID: 1447873

$55,000
Active
Click Link to View Property 1815 GARDINER LANE WAY 12
LOUISVILLE, KY 40205

2.0 br, 2.0 ba | 1170 sq. ft.
MLS ID: 1442428

$68,000
Active
Click Link to View Property 195 GLENVIEW RD
LOUISVILLE, KY 40229

4.0 br, 1.0 ba | 1075 sq. ft.
MLS ID: 1447701

$64,900
Active
Click Link to View Property 5317 ELISE WAY
LOUISVILLE, KY 40219

3.0 br, 2.0 ba | 1406 sq. ft.
MLS ID: 1448202

$84,000
Active
Click Link to View Property 1128 PLATO TER
LOUISVILLE, KY 40211

3.0 br, 2.0 ba | 1008 sq. ft.
MLS ID: 1448717

$38,500

2014 First Time Home Buyer Programs Louisville Kentucky


First Time Home Buyer Programs Louisville Kentucky.

 

Government Mortgage Products available to Kentucky First Time Home Buyers in 2014

KENTUCKY FHA MORTGAGE LOANS

  • Min FICO 600
  • Non-Occupant co-borrowers allowed
  • 100% Gifts Allowed from family members
  • Manual UW allowed but must keep debt to income ratios at 29/41% respectively and have a verifiable rent history ox30
  • Non-credit qualify Streamlines — No income or credit report required
Kentucky FHA First Time Home Buyer Loans for 2014
Kentucky FHA First Time Home Buyer Loans for 2014

 

 

 

 

 

 

 

KENTUCKY VA MORTGAGE LOANS

  • Min FICO 620
  • Manual UW
  • 100% Cash Out and Zero Down Payment Home loans. Must have COE
  • IRRRL — OR KENTUCK VA STREAMLINE REFINACE
Kentucky VA Mortgage Lender Guidelines for 2014
Kentucky VA Mortgage Lender Guidelines for 2014

 

 

 

 

 

 

 

 

 

 

 

 

KENTUCKY RURAL HOUSING AND USDA RURAL HOUSING LOANS

  • Min FICO 620
  • 100% Max LTV, no money down financing.
  • Manual UW but must have debt to income ratios of 29 and 41% respectively with a verifiable rent history 0x30
  • 100% Gift Funds allowed
kentucky usda rural housing loan programs for 2014
Kentucky usda rural housing loan programs for 2014

 

 

 

 

 

 

 

Kentucky Conventional Housing Loans

Fannie Mae

  • 95% Financing available
  • Lower mortgage insurance premiums than FHA and max loan is about $100k higher in Kentucky for A Fannie Mae Loan vs. FHA Loan

 

Kentucky Fannie Mae Mortgage Guidelines for 2014
Kentucky Fannie Mae Mortgage Guidelines for 2014

 
Flex-Banner Apply for a free mortgage pre-approval qualificaton today.
Joel Lobb
Senior  Loan Officer

(NMLS#57916)
 
American Mortgage Solutions, Inc.
800 Stone Creek Pkwy, Ste 7,
Louisville, KY 40223
 Fax:     (502) 327-9119
 
 Company ID #1364 | MB73346

Fannie Mae Announces Homebuyer Incentive on HomePath Properties in the FirstLook Period | Fannie Mae


 

Kentucky Fannie Mae Announces Homebuyer Incentive on HomePath
Kentucky Fannie Mae Announces Homebuyer Incentive on HomePath

 

 

 

 

 

 

 

 

 

 

 

News Release – Fannie Mae Announces Homebuyer Incentive on HomePath Properties in the FirstLook Period | Fannie Mae.

Fannie Mae Offers Closing Cost Assistance on HomePath®  
On February 13, Fannie Mae announced that homebuyers may receive up to 3.5% in closing cost assistance when they purchase a HomePath® property in 27 states during the FirstLook™ period. To be eligible for the incentive, the initial offer must be submitted between February 14, 2014 and March 31, 2014, and the loan must close on or before May 31, 2014. Please refer to the February 13, 2014 Fannie Mae News Release orHomePath.com for additional details and a list of states.

Joel Lobb
Senior  Loan Officer

(NMLS#57916)
 
American Mortgage Solutions, Inc.
800 Stone Creek Pkwy, Ste 7,
Louisville, KY 40223
 Fax:     (502) 327-9119
 
 Company ID #1364 | MB73346

 CONFIDENTIALITY NOTICE: This message is covered by the 

Kentucky Fannie Mae Homepath 2014

Kentucky Homepath Financing 2012 Fannie Mae Properties in Kentucky


HomePath Financing for Kentucky Homebuyers 2012

HomePath Mortgage loans have the following characteristics: HomePath Renovation loans have the following characteristics:
HomePath Mortgage allows a borrower to purchase a Fannie Mae-owned property with a low down payment, flexible mortgage terms, no lender-requested appraisal and no mortgage insurance. Expanded seller contributions to closing costs are allowed.

Benefits to You, the Borrower

  • Low down payment and flexible mortgage terms (fixed–rate, adjustable rate, or interest–only).
  • Down payment (at least 3 percent) can be funded by the borrower’s own savings; a gift; a grant; or a loan from a nonprofit organization, state or local government, or employer.
  • No lender-requested appraisal.
  • No mortgage insurance; ask your lender for cost details on loans without mortgage insurance.
  • Expanded seller contributions for closing costs allowed.
  • Available for primary residences, second homes and investment properties.
  • Many condo project requirements are waived; ask your lender for details.
  • For more information, contact a HomePath Mortgage lender or click here for the Home Buyers Guide.
HomePath Renovation Mortgage allows a borrower to purchase a property that requires light to moderate renovation. The one loan amount includes both the funds for the purchase and renovation – up to 35% of the as completed value, no more than $35,000.

Benefits to You, the Borrower

  • Low down payment and flexible mortgage terms (fixed- rate or adjustable-rate).
  • Down payment (at least 3 percent) can be funded by the borrower’s own savings; a gift; a grant; or a loan from a nonprofit organization, state or local government, or employer.
  • Renovation amount based on appraisal “as completed” value.
  • No mortgage insurance; ask your lender for cost details on loans without mortgage insurance.
  • Expanded seller contributions for closing costs allowed.
  • Available for primary residences, second homes, and investment properties.
  • Many condo project requirements are waived; ask your lender for details.
  • For more information about the renovation process, contact a HomePath Renovation Mortgage lender.
Note: Potential buyers should always use the lender and financing product that best meets the needs of the buyer and property, and should always consider requesting a home inspection of the property. *Ask your lender for cost details for loans with no mortgage insurance.

Kentucky Fannie Mae HomePath® Buyer Incentive


Kentucky Fannie Mae HomePath® Buyer Incentive

Fannie Mae is currently offering buyers up to 3.5% in closing cost assistance through June 30, 2011.

The HomePath property buyer must meet the following qualifications to be eligible:

  • Buyers and/or selling agents (the agent representing the buyer) must request the incentive upon submission of initial offer in order to be eligible.
  • The initial offer must be submitted on or after April 11, 2011 and close by June 30, 2011. If an initial offer was made prior to the effective date, the offer is not eligible for the incentive.
  • The sale must close on or before June 30, 2011. No exceptions will be made to this deadline.
  • Only buyers purchasing a HomePath property as their primary residence may receive up to 3.5% in closing cost assistance. Second homes and investment properties are excluded from the incentive.
  • Buyer must sign the Owner Occupant Certification Rider to the Real Estate Purchase Addendum.
  • If a buyer’s total closing costs are under 3.5%, the difference will not be available as a credit to the buyer.
Note: Fannie Mae can give no assurance on the time required to close, but initial offers submitted after May 15, 2011 are particularly questionable for closing by the incentive deadline of June 30, 2011.

In a few states, a bonus promotion may be available to selling agents who close on an owner occupant property meeting the above terms & conditions.

Retail and public entities are eligible for the incentive; however pool and auction sales are not eligible.

The incentive may not be available for a property where Fannie Mae acquired the property in connection with financing under a reverse mortgage. Ask the listing agent for details

Fannie Mae reserves the right to remove any property from promotion or end the promotion at any time. Any dispute over the payment of the incentive shall be resolved by Fannie Mae in its sole discretion.

Buyers should consult their lenders for guidance on financing. Lenders and mortgage products may impose their own limitations on the use of the 3.5% incentive. For example, the lender may consider the incentive a Seller Contribution and limit the amount to 3.0%. In those instances, the remaining 0.5% will no longer be available to the buyer.

Fannie Mae’s innovative First Look marketing period contributes to neighborhood stabilization by encouraging home ownership. During this period, owner occupants who occupy the home as their primary residence, some non profits, and public entities and their partners can submit offers and purchase properties without competition from investor offers.

The First Look period is typically the first 15 days a property is listed on HomePath.com, except Nevada where it is 30 days. Properties within the First Look period include a countdown clock on the property details page, which displays the number of days remaining for negotiation with eligible purchasers.

Investor offers submitted after the expiration of the First Look period will be considered along with all other offers.

Ask a Fannie Mae listing broker for more details

If you are concerned that the First Look marketing period is not being handled appropriately on a particular property, please contact the Fannie Mae Resource Center immediately at 1-800-732-6643.

Need help financing your new home?

Many state and local housing authorities offer financing programs that can assist you with the purchase of your new home. These public funds programs can provide down payment assistance, counseling, and more for those who qualify.

Currently many local housing authorities and non-profit groups are offering HUD’s Neighborhood Stabilization Program funds through special financing programs for homebuyers. For more information about the NSP programs available in your area, please click here.

Fannie Mae is committed to meeting the mortgage and housing needs of communities across the country, therefore buyers using public funds are very important to us. Fannie Mae supports buyers using public funds in many ways, including the following:

  • The earnest money requirement for individuals using public funds is only $500. Fannie Mae waives the earnest money requirement for public entities using public funds to purchase a Fannie Mae owned property
  • Once an offer using NSP funds is accepted, Buyers have the opportunity to renegotiate their offer after receiving an NSP required Uniform Residential Appraisal value for the property.
  • The standard closing period for a public funds offer is 45 days, which allows the time it may take to fulfill the NSP requirements for funding.
  • During the initial listing and marketing period of a Fannie Mae owned property, Fannie Mae will only consider offers from Buyers using public funds, and Owner Occupants. This period is known as the ‘First Look’ marketing period. The ‘First Look’ period shelters these buyers from competition from investor offers during this time.