Wednesday, July 23, 2014

Kentucky Freddie Mac Home Possible Mortgage offers Kentucky first time home buyers low down payments of less than 5%.


 
Kentucky Freddie Mac Home Possible Mortgage

Kentucky Freddie Mac Home Possible Mortgage offers first time home buyers and low to moderate borrowers low down payments and flexible source of funds. Plus, the Home Possible Neighborhood Solution extends these benefits to teachers, firefighters, law enforcement officers, health care workers, and military personnel.
  • 660 minimum credit score required for all Freddie Mac Loans for Home Possible Program
  • As little as 3-5% down payment
  • Borrowers’ own funds not required for 1-unit properties; 3% required for 2-4 unit properties.
  • Income and property restrictions apply per Freddie Mac guidelines
  • Homeownership education course required for first time home buyers
 


--

Joel Lobb
Senior  Loan Officer
(NMLS#57916)

American Mortgage Solutions, Inc.
800 Stone Creek Pkwy, Ste 7,
Louisville, KY 40223

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

 Company ID #1364 | MB73346