Sunday, April 3, 2016

Kentucky Housing Corporation still has over $2 million in special funding available for First Time Buyers in Kentucky at 2.00 percent fixed interest rate for 30 years!

How can Kentucky Home Buyers qualify for this low rate of 2%?
  • Households that do not exceed $35,000 gross annual income, and meet ONE of the following:
    • At least one home buyer is 62 years old or older.
    • At least one member is disabled and is receiving disability income.
    • A single- or two-parent household with at least one dependent child under the age of 18 living in the home.
Special Funding qualifications included:
  • Must be a first-time home buyer, unless property in targeted county.
  • Existing and new construction (purchase price limit of $115,000).
  • Regular and Affordable Down payment Assistance Program available.
  • 640 minimum credit score.
  • FHA, VA, and RHS first mortgage options.