KENTUCKY DOWN PAYMENT ASSISTANCE PROGRAMS FOR 2017

Kentucky Down Payment Assistance Programs


 $10,000 Down Payment Assistance Grant Kentucky for 2017 100% financing Kentucky Home Loan

Down Payment Assistance Grant Kentucky

Get $10,000 Down Payment Grant for Kentucky Home Buyers in 2017 HHF DAP KHC for your home purchase if you live in  Christian, Hardin, Jefferson or Kenton counties. 
Three different types of forgivable down payment assistance programs are now available until all reservations are filled. Limited time!
These programs provide first time homebuyers with $10,000 for down payment and closing costs assistance for the purchase of a new or existing property.
FUNDS ARE FIRST COME FIRST SERVE!
Give us a call today or email for more information.








For Kentucky Home Buyers not eligible for the $10,000 Down Payment Grant from KY Housing, they have the following Down payment assistance programs below usually year around and available in every county of Kentucky.

They are as follows:

Regular DAP

  • Purchase price up to $294,000 with Secondary Market or $258,690 with MRB.
  • Assistance in the form of a loan up to $6,000 in $100 increments.
  • Repayable over a ten-year term at 5.50 percent. A DAP of $6,000 over ten years at 5.50 percent interest would equal a payment of $65.12.
  • Available to all KHC first-mortgage loan recipients.

Affordable DAP

  • Purchase price up to $294,000 with Secondary Market or $258,690 with MRB.
  • Assistance up to $4,500.
  • Repayable over a ten-year term at 1.00 percent.
  • Borrowers must meet Affordable DAP household income limits

  • .




If you would like to get qualified using this assistance, please contact me below




http://www.emailmeform.com/builder/form/0bfJs9b6bK8TGoc6mQk9hIu









http://www.emailmeform.com/builder/form/0bfJs9b6bK8TGoc6mQk9hIu




ATTENTION FIRST TIME KENTUCKY HOME BUYERS!!!!!


Regular DAP

·     
·         Assistance in the form of a loan up to $6,000 in $100 increments.
·         Repayable over a ten-year term at 5.50 percent.  A DAP of $6,000 over ten years at 5.50 percent interest would equal a payment of $65.12.
·         Available to a KHC first-mortgage loan recipients


  • First-time and repeat homebuyers statewide
  • 30-year fixed interest rate
  • Principal residence ONLY
  • Purchase Price Limit:  $294,000
  • Borrower must meet KHC's Secondary Market Income Limits

Affordable DAP

·         Purchase price up to $243,000.
·         Assistance up to $4,500.
·         Repayable over a ten-year term at 1.00 percent.
·         Borrowers must meet Affordable DAP household income limits.





•Households whose gross annual income does not exceed $40,000.
•An existing or new construction property (purchase price limit $130,000) in a county not receiving HHF DAP funds*.
•640 minimum credit score.
•FHA, VA, or RHS first mortgage options.
•Households who meet one of the following criteria:
◦At least one of the home buyers is age 62 or older.
◦At least one member of the household is disabled and receiving disability income.
◦A single-or two parent household with at least one dependent child under the age of 18 living in the household.









Apply for Kentucky Housing Down Payment Assistance

-- 

Joel Lobb
Senior  Loan Officer
(NMLS#57916)


 phone: (502) 905-3708
 Fax:     (502) 327-9119






The view and opinions stated on this website belong solely to the authors, and are intended for informational purposes only.  The posted information does not guarantee approval, nor does it comprise full underwriting guidelines.  This does not represent being part of a government agency. The views expressed on this post are mine and do not necessarily reflect the view of employer
Not all products or services mentioned on this site may fit all people.
NMLS ID# 57916, (www.nmlsconsumeraccess.org).