Kentucky Housing Corporation (KHC) offers a down payment assistance program to help Kentucky First Time Home buyers buy a house with no down payment.

Guidelines for the $10,000 Down Payment Assistance Program for Kentucky Homebuyers:
Provides up to $10,000 in down payment assistance.

This assistance is offered as a second mortgage with a fixed interest rate.

Typically, the second mortgage is repaid over a 10-year term, but terms can vary.

Income Limits: Borrowers must meet certain income limits, which vary by county and household size. see link here for limits https://www.kyhousing.org/Homeownership/Future-Homebuyers/Documents/SMP%20Income%20Limitations.pdf

Credit Score: Minimum credit score requirements apply, generally starting at 620 for government loans VA, USDA and FHA while Conventional loans require a 660 score

First-Time Homebuyer Status: While KHC primarily targets first-time homebuyers, some programs may allow repeat buyers in certain circumstances.

Homebuyer Education: Completion of a homebuyer education course may be required for conventional loan programs. Government-backed programs do not require homebuyer education courses.

Property Requirements: Must be primary residence and no second home homes or rental properties. The home must meet certain criteria, such as being a primary residence and meeting property condition standards. No subject to properties or fixer uppers or rehab houses. Kentucky properties only

Debt to Income Requirements. Front end a