4 Things Every Borrower Needs to Get Approved for a Mortgage Loan In Kentucky-FHA VA KHC Conventional Mortgage
Updated Oct. 24, 2014
4 Things Every Borrower Needs to Get Approved for a Mortgage Loan In Kentucky-FHA VA KHC Conventional Mortgage. I wish it were that easy. There are 4 basic things that a borrower needs to show a lender in order to get approved for a mortgage. Each category has so many what ifs and sub plots that each box can read as...

KHC's First Mortgage Government Loan Products
Updated Oct. 9, 2013
KHC's First Mortgage Government Loan Products Federal Housing Administration (FHA)- Minimum 620 credit score required.. - Financing to 96.50% of lesser of sales price or appraised value.. - All KHC DAPs and other KHC-approved secondary financing may be used.. - Maximum 6% seller-paid items.. - Maximum ratios...

Kentucky Mortgage Guidelines updated 2011
Updated Oct. 9, 2013
Louisville Kentucky Mortgage. Pressured by federal regulators to write quality loans, lenders have little choice but to follow underwriting marching orders issued in rapid succession this year by federal mortgage insurers.. Here's a rundown.. Fannie Mae. Effective Dec. 13, among other underwriting...

Foreclosures requirements for Kentucky FHA Mortgages 2012
Updated Oct. 9, 2013
Foreclosures requirements for Kentucky FHA Mortgages 2012. Foreclosures. o A borrower with a foreclosure or deed-in-lieu of foreclosure within the most recent. three years is ineligible for Kentucky FHA Mortgage financing... Chapter 7 Bankruptcies. o A borrower with a Chapter 7 Bankruptcy discharged less than...

Louisville Kentucky First Time Home Buyer Loans
Updated Oct. 9, 2013
Kentucky Mortgage Underwriting Guidelines updated for 2013. Applying for a Kentucky Mortgage in 2013 has changed a lot since the go go years of the mid 2000?s.. Most Kentucky home buyers will need to gather and document the information upfront so you will have minimal problems once the underwriter issues your...