Wednesday, October 20, 2010 - Article by: Key Financial Mortgage of Kentucky - Joel Lobb, FHA, VA, USDA, KHC, First Time Home Buyer Expert Louisville, Kentucky -
- 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 of 40/45 with AUS approval. ?
- Minimum 620 credit score required.
- Financing to 100% of the appraised value, plus guarantee fee of 3.5%.
- All KHC DAP programs and other KHC-approved secondary financing may be used
- No maximum on seller-paid items.
- Ratio requirements and guarantee fee per agency guidelines.
- KHC will accept Government Underwriting System (GUS) findings, including reduced documentation and, with approval, expanded ratios up to 40/45.
Minimum 620 credit score required.
- Ratios up to 40/45% with AUS Approval.
- Financing to 100% of the lesser of the appraised value or sale price.
- All KHC DAP programs and other KHC-approved secondary financing may be used.
- Maximum 4% seller-paid items.
- Follow agency guidelines for ratio requirements and funding fee. Mortgage Revenue Bond Programs - KHC Program Guide - September 30, 2010
Call us today at 502-905-3708 for your free-pre approval for your next home.....Same day approvals and free credit report. No application Fees EVER!
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