*Upfront guarantee fee will change from 2.75% to 1.0% Annual fee will change from 0.50% to 0.35% Kentucky USDA Loans are not just for small farm communities, but rather they can help many lower-income individuals or households purchase homes in many small cities, towns and townships!
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Kentucky RHS USDA Mortgage Insurance Changes Below and Important Dates to Keep in Mind that could affect your loan closing and approval! On October 1, 2016, both the upfront guarantee fee and annual fee for purchase and refinance loans will decrease. We are reducing the upfront guarantee fee from 2.75% to 1%, and … Continue reading Kentucky Rural Housing USDA Guarantee Upfront and Annual Fee Changes October 2016
Kentucky Rural Housing USDA Highlights for 2016 Kentucky USDA Rural Development Guaranteed Lending Program is geared to assist low to moderate income families realize home ownership. Below are some important highlights: Debt Ratios--29/41% on manual underwrites - max to 45% Debt to Income ratios with GUS Approve/Eligible Finding. ZERO down payment – 100% LTV … Continue reading KENTUCKY USDA AND RURAL HOUSING MORTGAGE QUALIFYING GUIDELINES FOR 2016
Kentucky USDA Rural Development Fee Reduction USDA has just announced that they are planning to lower both the Guarantee Fee and the Annual Fee for RHS loans in Fiscal Year 2017. Effective for loans receiving commitments from RHS on or after October 1, 2016, the following fee changes will be in effect The Upfront Guarantee … Continue reading Kentucky USDA Rural Development Fee Reduction
Address Bed/Bath Price 274 SHELBY HURST RD 3/2 $28,000.00 WILLIAMSBURG, KY 40769 Real Estate Owned 2217 Brent Ann Drive 0/0 $10,000.00 Flatwoods, KY 41139 Real Estate Owned 390 Boggs Rd 3/1 $41,000.00 Oliver Hill, KY 41164 Real Estate Owned 111 Sun Valley Drive 3/1 $26,000.00 Edmonton, KY 42129 … Continue reading KY USDA Homes for Sale
--- Kentucky USDA Guaranteed Rural Housing LoansDid you know that Kentucky home buyers can still get a mortgage with no money down, even with less than perfect credit? The Kentucky Guaranteed Rural Housing Loan Program offers these options in a wide range of areas, including many suburbs outside the major metro areas of Louisville, Lexington, … Continue reading Kentucky USDA Guaranteed Rural Housing Loans
Kentucky Rural Development Has Funds Available for Rural Housing Loans in Kentucky for 2015. via Kentucky Rural Development Has Funds Available for Rural Housing Loans in Kentucky for 2015.
Kentucky USDA Loans | Rural Housing Loans Kentucky. via Kentucky USDA Loans | Rural Housing Loans Kentucky. Can I get an USDA Mortgage Loan after bankruptcy? Criteria for USDA loan approvals state that if you have been discharged from a Chapter 7 bankruptcy for three years or more, you are eligible to apply for an … Continue reading Kentucky USDA Loans | Rural Housing Loans Kentucky
RHS Increase in Annual Fee for Rural Housing Mortgage Loans in Kentucky On Wednesday, October 1, 2014, the annual fee for both purchase and refinance loans will increase from .4 percent to .5 percent. The Guaranteed Underwriting System (GUS) has been updated to allow lenders to select and underwrite at either the .4 percent or … Continue reading RHS increase in Annual Fee for Kentuky Rural Development Loans October 1, 2014
CHANGE TO KENTUCKY ANNUAL USDA GUARANTEE FEE STRUCTURE OCTOBER 1, 2014. via CHANGE TO KENTUCKY ANNUAL USDA GUARANTEE FEE STRUCTURE OCTOBER 1, 2014.