✅ General Eligibility Requirements
Credit Score:
Government-backed loans (FHA, VA, USDA): Minimum credit score of 620.
Conventional loans: Minimum credit score of 660 .
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Income Limits:
Income limits vary by county and household size. For instance, the Mortgage Revenue Bond (MRB) program has specific income limits based on these factors .
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Purchase Price Limits:
The maximum allowable purchase price is $510,939 for both MRB and Secondary Market programs .
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Citizenship:
Applicants must be U.S. citizens, nationals, or qualified aliens .
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Occupancy:
The purchased home must be the buyer's primary residence, and occupancy should commence within 60 days of closing .
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Property Type:
Eligible properties include new or existing single-family homes, condominiums, townhouses, and manufactured homes affixed to a permanent foundation .
Kentucky Housing Corporation
💸 Down Payment Assistance (DAP)
KHC offers a Down Payment Assistance Program prov
