Joel Lobb, Mortgage Broker FHA, VA, KHC, USDA
4 months ago
Kentucky Housing Income Limits for Mortgage Loans
New Income Limits for KHC Loans in Kentucky
New Income and Purchase Price Limits for Secondary Market and Mortgage Revenue Bond KHC’s eliminated the front-end ratio of 40%, effective with new reservations on Monday, June 24, 2024.
Eligibility: Both first-time and repeat home buyers purchasing a single-family dwelling. Purchase price can be no more than $510,939.
Applicant’s income must be within applicable secondary market limits in effect.
New Income Limits for KHC Loans in Kentucky
New Income and Purchase Price Limits for Secondary Market and Mortgage Revenue Bond KHC’s eliminated the front-end ratio of 40%, effective with new reservations on Monday, June 24, 2024.
Eligibility: Both first-time and repeat home buyers purchasing a single-family dwelling. Purchase price can be no more than $510,939.
Applicant’s income must be within applicable secondary market limits in effect.
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