Month: September 2013

USDA area changes delayed again!!!

UPDATE – Congress has passed temporary Continued Resolution meaning that changes to USDA Rural Housing eligible areas has been delayed until mid December.
What does this mean for PrimeLending and USDA Rural Housing?

USDA Rural Housing will continue to issue Conditional Commitments for loan transactions located in possible affected areas that are subject to change.

Because Congress passed Continued Resolution until mid December the USDA property eligibility changes have been “delayed” until that time. As for the conditional commitments between now and then they will be honored. We are anticipating that USDA Rural Housing will release further direction regarding exact dates and requirements for USDA Rural Housing property eligibility on or before mid December.

PrimeLending at this time does not have a required date of when Conditional Commitments must be received. In other words it is “business as usual” for USDA transactions, until further information is provided.

Home Loans Agent

Kentucky VA Mortgage Home Lender | Kentucky VA Mortgage Loans.
Kentucky VA Mortgage Loans. (by Louisville Kentucky Mortgage) … Louisville Kentucky VA REFINANCE Mortgage Guidelines : RATE/TERM REFINANCE

Property Loan Solution

Home Loan is a product with so many variations in Eligibility, Rate of interest (Fixed, Floating, and Mixed), and Loan amount. It is really difficult for a customer to gather the information about the major players for the same. We ( are here to help you realize your long cherished dream of owning your home through hassle free and customer friendly home loans. So visit on the to know the documents required, eligibility, home loan interest rates and Articles about banks offering home loans.

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Raise Credit Scores By Becoming An Authorized User

Raise Credit Scores By Becoming An Authorized User.

via Raise Credit Scores By Becoming An Authorized User.

I specialize in Kentucky FHA, VA, USDA, KHC, Jumbo and Fannie Mae mortgage loans in Ky. I have helped over 589 Kentucky families buy their first home and refinance their current mortgage for a lower rate; For the first time buyer with little money, Kentucky Housing/KHC offers(zero-down)loans with down payment assistance. Free credit/pre-approvals in 1 hour Call me today at 502-905-3708 or email I compare Kentucky Mortgage Rates daily for your best interest(NMLS# 57916)

Title Insurance Information

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Kentucky First Time Home Buyer Programs for 2017 FHA, VA, KHC, USDA, RHS, Fannie Mae Loans in Kentucky




Title Insurance Information.

The title report which is also known as the Preliminary Title contains several schedules and these schedules can differ depending on the state where the property is located. The title usually begins with a “Schedule A”. This schedule indicates the property being insured, the legal description of the property being insured, the insured, the amount of insurance for the mortgagee and the fee owner. If there is leasehold then there would be Leasehold policy.

Schedule B indicates the history of the property also known as the chain of title. The report also indicates the survey boundaries, tax history and indicates if there are any open taxes, judgments, liens, easements of record and any or all clouds on the title.

What is Title Insurance?

Title insurance protects the insured from claims regarding ownership of the property, liens against the property, and marketability of…

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Louisville FHA Kentucky Mortgage Recently HUD/FHA issued three new mortgagee letter…: Will these recent FHA Changes do anything?

Louisville FHA Kentucky Mortgage Recently HUD/FHA issued three new mortgagee letter…: Will these recent FHA Changes do anything?.

via Louisville FHA Kentucky Mortgage Recently HUD/FHA issued three new mortgagee letter…: Will these recent FHA Changes do anything?.

Home buyers may qualify for FHA loan despite short-sale or foreclosure

FHA cuts waiting time for those who lost homes to foreclosure
FHA cuts waiting time for those who lost homes to foreclosure

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Louisville Kentucky FHA cuts waiting time for those who lost homes to foreclosure, short sales,

Short Sale and Kentucky Mortgage Requirements for a Home Loan

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As a result of the housing collapse, many homeowners experienced a serious reduction in income or lost their jobs due to the crumbling economy. Some mortgage borrowers were forced to file bankruptcy or short sale their home to avoid foreclosure. Others were not so lucky and lost their home on the courthouse steps.

Borrowers may now qualify for an FHA mortgage under new guidelines established by the Department of Housing and Urban Development (HUD), according to Eli Younes of Viking Mortgage in Pembroke Pines on Monday.

The new HUD rules allow borrowers whose credit was damaged due to a temporary loss of employment or income to qualify for an FHA mortgage if they have substantially recovered from that situation and maintained a positive credit history for at least 12 months. Borrowers who recently experienced a bankruptcy, foreclosure, short-sale, loan delinquencies, deed-in-lieu, debt collections or other situation…

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