Special Funding Available Today!
Kentucky Housing Corporation (KHC) now has Mortgage Revenue Bond (MRB) Special Funding. This funding is limited to $15 million and the program is available on a first-come, first-served basis. Lenders may begin reserving funds on Thursday, August 1, 2013.
Eligible households include:
How to make a loan reservation for the MRB Special Funding:
MRB Program Guide is available on KHC's Web site, under Lenders/Realtors, Lender Services.
Did You Know?When utilizing KHC's Conventional No MI Program, if all the borrowers are first-time home buyers (no ownership interest in a residential property in the last three years) at least one person on the loan must complete pre-purchase home buyer education.
Neighborhood DAP Almost GoneOnly $200,000 is available for Neighborhood DAP. If you have eligible borrowers, you are urged to reserve these funds. Once the funds are depleted, they will not be replenished.
Joel Lobb (NMLS#57916)
Senior Loan Officer
Key Financial Mortgage Co. (NMLS #1800)*
107 South Hurstbourne Parkway*
Louisville, KY 40222*