$10,000, 0 percent interest, forgivable second mortgage loan with a five-year term for Kentucky First Time Buyers Grant!


There is $1.5 million of the Hardest Hit Fund Down payment Assistance Program (HHF DAP) still available on a first-come, first-served basis, based on the completion of the first mortgage and HHF DAP reservations.  

HHF DAP Guidelines:
  • $10,000, 0 percent interest, forgivable second mortgage loan with a five-year term.

  • Not required to be at maximum LTV first mortgage amount.
    • No less than 81 percent LTV with conventional loans.

  • Property (new or existing) must be located in one of four counties:
    • Christian
    • Hardin
    • Jefferson
    • Kenton

  • Funding Source (Secondary or MRB) Purchase Price and Income Limits apply.
    • Can be used in conjunction with MRB Special Funding Program.

  • Borrower must be a first-time home buyer (no ownership interest in the last three years.)
    • Most recent three year federal tax returns or tax transcripts required.

  • Pre-purchase home buyer education required for all borrowers.





The view and opinions stated on this website belong solely to the authors, and are intended for informational purposes only. The posted information does not guarantee approval, nor does it comprise full underwriting guidelines. This does not represent being part of a government agency. The views expressed on this post are mine and do not necessarily reflect the view of my employer. Not all products or services mentioned on this site may fit all people. NMLS ID# 57916, (www.nmlsconsumeraccess.org).  Mortgage loans only offered in Kentucky.
All loans and lines are subject to credit approval, verification, and collateral evaluation and are originated by lender. Products and interest rates are subject to change without notice. Manufactured and mobile homes are not eligible as collateral.





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