Kentucky USDA Rural Single Family Foreclosed Homes For Sale as of 04/09/2017


Source: Kentucky USDA Rural Single Family Foreclosed Homes For Sale as of 04/09/2017

Fannie Mae recently announced some changes to student loans that will help more Kentucky Home Buyers Qualify.


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Fannie Mae recently announced some changes to the Selling Guide. The following changes are effective immediately for loans submitted to Crescent under Fannie Mae’s requirements.
Student Loan Payments

If a payment is provided on the credit report, that amount can be used for qualifying purposes. If the credit report does not identify a payment amount (or reflects $0), the lender may use either 1% of the outstanding balance, or a calculated payment that will fully amortize the loan based on documented loan repayment terms.
Debts Paid by Others
Documentation requirements to exclude a NON-MORTGAGE debt from qualifying ratios have been simplified. Non-mortgage debts included installment loans, student loans, and other monthly debts as defined in the Fannie Mae Guide. When documentation is provided to show the debt has been satisfactorily paid by another party for the past 12 months, then the debt can be excluded from the debt-to-income ratio calculation. This applies regardless of whether the other party is obligated on the loan.
NOTE: This does not apply if the other party is an interested party to the subject transaction such as the seller or realtor.
Student Loan Cash-out Refinance
The update introduces the student loan cash-out refinance feature, which provides the
opportunity to pay off one or more student loans through the refinance transaction. The loan level price adjustment that applies to cash-out refinance transactions is waived when are all requirements for this feature have been met.
The student loan cash-out refinance feature contains elements of both a cash-out refinance and a limited cash-out refinance transaction as described in the table that follows.

if you have questions about qualifying as first time home buyer in Kentucky, please call, text, email or fill out free prequalification below for your next mortgage loan pre-approval.
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Posted By Blogger to Louisville Kentucky Mortgage Lender for FHA, VA, KHC, USDA and Rural Housing Kentucky Mortgage

 

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!

Address Location Type Status Price  Beds Baths
Previous Next
350 Warren Dr
Vine Grove, KY
Single Family Just Listed $80,000 3 2 First Look Program 
348 2nd Ave
Worthington, KY
Single Family Under Contract $84,900 3 2
1591 Hwy 42 E
Bedford, KY
Single Family Active $84,900 3 2
2708 Ralph Ave
Louisville, KY
Single Family Under Contract $89,900 4 2
7826 Pleasure Walk Cir
Louisville, KY
Condo Under Contract $92,500 2 2
2006 Lancelot Dr
Somerset, KY
Single Family Active $99,900 3 2
1915 Rock Ridge Rd
Brandenburg, KY
Single Family Active $104,900 2 1
2900 Park St
Burlington, KY
Single Family Active $104,900 3 1
1804 Allston Ave
Louisville, KY
Single Family Just Listed $110,000 3 1 First Look Program 
24 Bedinger Ave
Walton, KY
Single Family Back on Market $119,900 3 2
212 Juniper Dr
Frankfort, KY
Single Family Active $119,900 3 1
2812 Chippewa Dr
Owensboro, KY
Single Family Active $119,900 3 1
424 Salt Lick Rd
Corbin, KY
Single Family Under Contract $122,500 4 2
1509 Clovernook Dr
Erlanger, KY
Single Family Under Contract $124,900 3 3
142 Deer Run Drive
Lancaster, KY
Single Family Price Reduced $128,900 3 2
6522 Cottagemeadow Dr
Louisville, KY
Condo Under Contract $134,900 3 3
156 Old Woolen Mill Ln
Lexington, KY
Single Family Under Contract $139,900 3 2
1820 Huckleberry Ln
Prospect, KY
Single Family Just Listed $140,000 3 2 First Look Program 
9958 Spruce Ln
Union, KY
Single Family Under Contract $149,900 3 2
21 Treestand Ct
Taylorsville, KY
Single Family Price Reduced $149,900 3 2
1030 Elmendorf Dr
Lexington, KY
Single Family Under Contract $149,900 4 3
122 Tracy Ln
Newport, KY
Single Family Active $157,500 3 1 First Look Program 
101 Stoney Brooke Dr
Ashland, KY
Single Family Price Reduced $159,900 6 4
4283 Weavers Run
Shepherdsville, KY
Single Family Under Contract $159,900 3 2
5714 Janet Lee Dr
Louisville, KY
Single Family Under Contract $171,900 3 2
1055 Buckland Pl
Florence, KY
Single Family Active $172,000 3 2
3344 Bluejay Dr
Erlanger, KY
Single Family Active $179,500 3 3
2589 Oregon Rd
Salvisa, KY
Single Family Active $199,900 5 5
1228 S 3rd St
Louisville, KY
Single Family Active $209,900 5 3
2845 Satin Leaf Park
Lexington, KY
Single Family Price Reduced $209,900 3 2
2371 Creedmore Ct
Burlington, KY
Single Family Active $214,900 3 3
114 Old Post Rd
Paris, KY
Single Family Just Listed $235,000 4 3
11322 Top Walnut Loop
Louisville, KY
Single Family Active $249,900 4 3
101 Helson Rd
Simpsonville, KY
Single Family Just Listed $269,900 3 2 First Look Program 
952 Bristow Rd
Independence, KY
Single Family Active $294,900 3 3
5 Saddle Ridge Trl
Alexandria, KY
Single Family Just Listed $299,900 3 4 First Look Program 
20305 Country Club Dr
Catlettsburg, KY
Single Family Active $379,500 5 4

 

 

check out the HomePath listings in Jefferson County!

Let your clients know these properties are available. Some have special incentives! Select the property address to find out more information.

Click Link to View Property 1783 BOLLING AVE
LOUISVILLE, KY 40210 

3.0 br, 2.0 ba | 1468 sq. ft.
MLS ID: 1484967

$28,500
Price Reduced
Click Link to View Property 809 S 39TH ST
LOUISVILLE, KY 40211 

3.0 br, 1.0 ba | 1523 sq. ft.
MLS ID: 1486321

$39,500
Price Reduced
Click Link to View Property 2708 RALPH AVE
LOUISVILLE, KY 40216 

4.0 br, 2.0 ba | 1945 sq. ft.
MLS ID: 1487145

$99,900
Active
Click Link to View Property 1228 S 3RD ST
LOUISVILLE, KY 40203 

5.0 br, 3.0 ba | 3862 sq. ft.
MLS ID: 1487425

$209,900
Active
Click Link to View Property 11322 TOP WALNUT LOOP
LOUISVILLE, KY 40229 

4.0 br, 3.0 ba | 2751 sq. ft.
MLS ID: 1487256

$249,900
Active
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.

View Property

$49,900Active

1079 Willisburg Rd
Lawrenceburg, KY 40342

2 Beds |1 Baths

View Property

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

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.