I am a Kentucky based USDA Mortgage Lender that has originated over 200 KY Rural Housing Mortgage Loans in Kentucky, Put my expert advice to use. Kentucky Rural Development RHS loans give KY Rural Homebuyers a zero down mortgage loan with a low 30 year fixed rate loan. A Local Kentucky Rural Housing Mortgage Lender offering same day free approvals and credit report. This website is not affiliated with USDA or any other government agency. NMLS#57916 Equal Housing Lender Text or call today 502-905-3708 with your mortgage questions about USDA Rural Housing Loans in Kentucky. Free Pre-Approvals on most applications within the same day. Kentuckyloan@gmail.com
The new 2014 Farm Bill has now passed the House and the Senate in Congress. This is a big deal for home buyers in the Louisville, Kentucky area and surrounding areas in Central Kentucky. This bill grandfathered the existing communities in that qualify for Rural Housing USDA Loans 100% financing until 2020.
This means a qualified buyer can purchase a home in Shepherdsville, Mt Washington, Shelbyville, Elizabethtown, Bardstown, Nicholasville, Georgetown, Kentucky cities with Zero Down until at least 2020. Great news Indeed!
Call or email below to qualify for free for your next USDA Home loan in Kentucky.
October 1, 2012 over 900 communities across the USA will lose their eligibility for 100% USDA Rural Housing loans including cities in Kentucky that where once eligible. If you know of buyers looking in these communities they need to act now. They should probably be under contract by end of August to be safe. There is no indication this expiration will be delayed. See the cities below that will be no longer eligible come 10/1/2012 for a Rural Housing USDA Loan in Kentucky
No Longer Eligible for Kentucky RHS USDA Loans come 10/1/2012 below:
All current eligible areas of Kentucky for Rural Development loans will remain the same until March 27, 2013 unless directed otherwise.
SFH Origination News
From the National Office in Washington DCSingle Family Housing Guaranteed Loan Program
September 26, 2012
Implementation of 2010 Census Data
No changes to rural designated areas based on the 2010 Census Data will occur until March 27, 2013 unless directed otherwise.
For additional information on this subject, attached is the Administrative Notice, AN 4679 with additional information. Below is an exert directly from the AN
SFH Origination News
Single Family Housing Guaranteed Loan Program
USDA RD Approved Map Locations 2013
Rural Housing announced today that the Kentucky eligible property map will NOT be changing until March 2013. Many were reporting the map change that determines what homes would be eligible was going to happen in October 2012, this is not the case. Please bookmark the blog to stay informed of the latest USDA mortgage program changes
Specializing in Kentucky FHA/VA, USDA, KHC, Conventional mortgage loans (Fannie Mae )in Ky. He has helped over 389 Kentucky families buy their first home and refinance their current mortgage for a lower rate; Free credit report and Free pre-approvals within 1 hour..Call today at 502-905-3708 or email at firstname.lastname@example.org NMLS#57916
GREAT NEWS !!! 100 % FINANCING DOWN TO 620 SCORE NOW !!!
Hey Everyone , It may seem a long way down the road . but spring is just around the corner . and just in time for spring 100% financing with scores down to 620 …. THATS CORRECT 620!!!! we now have an agreement with our mi providers to where we can do a 95% purchase loan , with a 5% gift ..all with only a 620 score !!! must have an automated approval ,when running in du gift is considered borrowers own funds/input as own funds .