Joel Lobb, Mortgage Broker FHA, VA, KHC, USDA

How much house can you afford in Kentucky? Lenders use your debt-to-income ratio (DTI). A buyer earning $75,000 with $450/month in debts qualifies for about $219K (USDA), $266K (VA), $276K (FHA) or $303K (conventional) at a 6.75% example rate. Eve... more

How Much House Can I Afford On A Typical Kentucky Mortgage Loan Preapproval?

Mortgage rates jumped to 6.95% (Freddie Mac 30-year average, Sept 17), up from 5.98% in February. On a $250,000 loan that's about $159 more a month. But zoom out: since 1971 the average 30-year rate is about 7.7%. Rates are higher than February, ... more

Kentucky USDA loans: Check your no-down-payment eligibility Planning to buy a home in Kentucky? USDA financing may offer no down payment for eligi... more

New video: how to read your VA Certificate of Eligibility (COE). Entitlement code, funding fee exemption, prior loans, and full vs. partial entitlement, walked through on a sample COE so you know what yours means for a $0-down VA loan. Watch: http... more

Mortgage rates moved higher over the past two weeks. Here's what it actually costs a Kentucky homebuyer. Freddie Mac's 30-year average went from 6.66% on August 27 to 6.76% on September 10 - one tenth of one percent. On a $250,000 loan that's abo... more

New video: the complete first-time home buyer roadmap for Kentucky. Credit scores and the 620 middle-score rule, zero-down programs like USDA and KHC with up to $12,500 in down payment assistance, FHA at 3.5% down, income rules, and the exact docu... more

How to Get Approved for a Mortgage Loan in Kentucky

Kentucky renters and first-time homebuyers — buying a home this summer may be more realistic than you think. 🏡 Zero-down and low-down-payment mor... more

Kentucky Mortgage Rates and Home Loan Options Kentucky is known for its bluegrass pastures, thoroughbred horses, and bourbon heritage. But for man... more

Many renters in Kentucky are surprised to learn they may qualify to buy a home with little or even $0 down. Programs like USDA Rural Housing, VA l... more

Zero Down 100% Financing Mortgage Loans in Kentucky Close loans in 20–30 days with $0 down payment. Don’t wait—see if your transaction qualifies to... more

Many prospective Kentucky homebuyers delay purchasing because they believe a 20% down payment is required. That assumption is often incorrect. Qu... more

Mortgage programs subject to credit, income, and property eligibility. Not all applicants will qualify. Loan approval is not guaranteed. Not affili... more

WELCOME HOME PROGRAM Up to $20,000 Toward Buying a Home WHAT IT IS A grant program offered through the Federal Home Loan Bank of Cincinnati to hel... more