Thursday, August 15, 2013

Kentucky USDA Rural Housing Loans : Kentucky USDA Mortgage and Rural Housing Refinance...

Kentucky USDA Rural Housing Loans : Kentucky USDA Mortgage and Rural Housing Refinance...:  Kentucky USDA Mortgage and Rural Housing Refinance Pilot Program Guidelines --- Homeowners with USDA guaranteed or direct mor...

This Program Summary includes guidelines for the Section 502 Guaranteed Kentucky Rural Housing Loan Program and the Kentucky Guaranteed Loan Program Rural Refinance Pilot.  These programs are offered through the Rural Housing Service (RHS), an agency of the U.S. Department of Agriculture.  The program offers assistance to low and moderate-income rural residents whose income is equal to or less than 115% of the area median income.  It was designed to assist qualifying rural residents with better access to affordable housing finance options with little or no down payment or out-of-pocket costs.  Additionally, the Kentucky Rural Refinance Pilot program offers additional flexibility to borrowers who qualify to refinance their current Kentucky USDA mortgage loan. The Pilot Program is not available in all states.




Joel Lobb (NMLS#57916)
Senior  Loan Officer
502-905-3708 cell
502-813-2795 fax
kentuckyloan@gmail.com

Key Financial Mortgage Co. (NMLS #1800)*
107 South Hurstbourne Parkway*

Louisville, KY 40222*