Mortgage Loans

Kentucky Mortgage Rates and Home Loan Options KENTUCKY FHA, VA, USDA AND CONVENTIONAL MORTGAGE LOANS IN KY

First-time home buyers tend to find the mortgage approval process confusing. We know, because we get their questions via email on a regular basis! So we’ve created this guide to walk you through the different steps in a typical mortgage approval process. Note: The lending process can vary from one borrower to the next, due […]

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Credit Scores are important for getting approved for a Mortgage in Kentucky.

1. Income You need income. You need to be able to afford the home. But what is acceptable income? Let’s just say that there are two ratios mortgage underwriters look at to qualify you for mortgage payment: First Ratio – The first ratio, top ratio or housing ratio. Basically that means out of all the gross monthly income you make, that no more that X percent of it can go to your housing payment. The housing payment consists of Principle, Interest, Taxes and Insurance. Whether you escrow or…

Before you find the home of your dreams, you have to meet with a lender first. Get pre-approved and help your home buying process go smoothly!

If you have bad credit and need a mortgage, you can qualify for a bad credit fha loan with a credit score as low as 500. Click through and read the article on how to qualify for a bad credit mortgage. #FHA #BADCREDIT #badcreditfha #poorcredit #lowficoscores #fhaloans

FHA loans vs Conventional loans and the Pros and Cons of both. Decide which Mortgage Product will be most beneficial by Comparing FHA and Conventional Loans.