Same day credit pull, 2 different scores

Source: Same day credit pull, 2 different scores




Louisville Kentucky $10,000 Down Payment Assistance Grant for Home buyers in 2017

Source: Louisville Kentucky $10,000 Down Payment Assistance Grant for Home buyers in 2017

Get Ready Louisville Kentucky First Time Home Buyers. KHC is offer $4 million in funding available with new reservations on or after July 18th, 2017. This will go super fast so I recommend have a house under contract before that date so you can attempt to secure the $10,0000 Downpayment Assistance Grant. First come, First Serve basis. The last grant like this one was gone within first few hours.

You must have a house under contract and meet the following guidelines below:

  • Zero percent interest rate for Louisville Kentucky first-time home buyers.
  • A non-repayable second mortgage for $10,000.
  • Forgiven after five years.
  • Home purchase must be located in Christian, Hardin, Jefferson, or Kenton counties.
  • Applicants must meet secondary market income and buying limits.
  • Minimum 620 Credit Score
  • Max Purchase Price Limit of $283,000
  • Max Household Income Limits of $117,250
  • Must provide 3 years tax returns to prove a first time home buyer in Louisville KY
  • Must complete an online homebuying course
  • Max debt to income ratios of 40 and 45% respectively with Approved Eligible Findings
  • Never been convicted of a felony crime in last 10 years for tax evasion, larceny or real estate transaction..
  • No Bankruptcies last 2 years for FHA



Louisville Kentucky $10,000 Down Payment Assistance Grant for Home buyers in 2017

$10,000 Down Payment Grant from KY Housing for Jefferson, Hardin, Christian, and Kenton Counties of Kentucky Homebuyers in these counties. First Come, First Serve.
Joel Lobb
Senior Loan Officer
American Mortgage Solutions, Inc.
10602 Timberwood Circle, Suite 3
Louisville, KY 40223
text or call my phone: (502) 905-3708
email me at
Hey everyone, KHC just released another $10,000 Down Payment Assistance Grant for 2017 Kentucky Home buyers for that’s available on a first come first serve basis!!! HHF DAP 2017
Kentucky Housing Corporation (KHC) is proud to announce a new Hardest Hit Fund Down Payment Assistance Program (HHF DAP), a total of $4 million will be available for NEW reservations beginning today, Tuesday, July 18, 2017, at 2 p.m., ET. The HHF DAP will be available on a first-come, first served basis, based on the completion of the first mortgage and HHF DAP Reservations.
HHF DAP Program Guidelines:
$10,000, 0 percent interest, forgivable second mortgage loan with a 5 year term.
Not required to be at maximum LTV first mortgage amount.
No less than 81% LTV with Conventional Loans.
Property must be located in one of the four counties:
No new-construction properties allowed.
Property has to have been previously occupied.
Secondary market purchase price and income limits apply.
Borrower must be a first-time home buyer (no ownership interest in the last three years).
Most recent three year federal tax returns or tax transcripts required.
text or call my phone: (502) 905-3708
email me at😀😀😀

Source: Louisville Kentucky $10,000 Down Payment Assistance Grant for Home buyers in 2017

Credit Karma -“Free” isn’t good, and good isn’t free..

I also pulled one of the reviews from the website…

“I recently used Credit Karma in Canada (where I live) to determine if I would be able to get a mortgage on a new home. My score from them show my credit to be well into the good category at 716. I then approached a company for a mortgage ( I would never have considered this with a bad score). I was contacted within a few hours that my credit score was 618. I asked this company if they had the right name. When I told them my documented score, I was informed that they do not recognize credit Karma’s information. Therefore I find Credit Karma to be useless. I wonder how many others have had doors slammed in their face by this. My wife has not been well and it was very hard on her. Thanks for nothing Credit Karma.”

For my clients, I recommend either Privacy Guard or Credit Check Total to monitor their credit reports and scores.  These sites cost about $20-$30 per month to access/track new credit reports and scores.  This is the least expensive way that I’ve found to obtain new credit reports and scores that we use for our credit repair service.

Privacy Guard uses a “Credit Xpert” score which is fairly similar to a “FICO score” that banks use to risk grade you for a loan.

Credit Check Total uses a “FICO 8” score which is a generic consumer credit score.  This is also very close to a score banks use to grade you.

FICO has designed over 50 different scoring models designed for specific industries (mortgage, auto, credit card, etc..) which will all produce a different 3 digit score ranging from 300-850.  Are you confused yet?

If you’re thinking of applying for a loan/credit, go to MyFICO and purchase all of your FICO scores.  Their cost is about $60 for all your FICO scores.  This will be accurate information that will show you the same scores that the banks will see to approve or deny you.

Share this post with anyone you know that uses Credit Karma!


Source: Credit Karma -“Free” isn’t good, and good isn’t free..