Kentucky First Time Home Buyer programs

Below are just some of the most popular Kentucky First Time Home Buyer programs designed for Kentucky Home buyers who lack sufficient down payment funds:



Kentucky First Time Home Buyer Credit Qualifying Guidelines


0% down payment program, designed for active-duty military personnel and veterans. No minimum credit score. 


0% down payment program, designed to promote homeownership to residents in rural communities with low to moderate incomes and limited savings for the down payment. Minimum Credit Score of 581

0% down payment program. $6000 down payment assistance for dap and closing costs for Kentucky Home Buyers. Tied with the above programs to satisfy the down payment requirements for KY FHA, VA, and Fannie Mae Home Loans. If any funds leftover can be used for closing costs once the minimum down payment requirements are met. DAP funds cannot be used for home repairs. Minimum 620 credit score 


3.5% down payment program, insured by the federal government, and designed for borrowers who are unable to make a large down payment. The minimum credit score of 500 to 579 with a 10% down payment and 580 credit score or higher requires a lesser minimum down of 3.5% of the sales price.


5% down payment program, this type of mortgage is not guaranteed or insured by any government agency. It is typically fixed in its terms and rate. Minimum 620 credit score