Best Mortgage Loan Options for First-Time Buyers with Bad Credit
Bad credit shouldn’t stop you from becoming a homeowner in Kentucky. As a top-rated mortgage broker, I can help you explore:
FHA Loans: 580+ credit scores with 3.5% down, or 500–579 scores with 10% down.
VA Loans: Zero down, flexible credit guidelines for veterans and active military.
USDA Rural Loans: Zero down, credit scores starting around 580+, income and location restrictions apply.
KHC Down Payment Assistance (DAP): $10,000 assistance for eligible buyers with minimum 620 scores.
Each program has unique benefits — and I’ll help match you to the best fit.
Zero Down Home Loan Programs Available in Kentucky
Owning a home without a large down payment is possible with several programs I offer:
VA Home Loans: No down payment, no mortgage insurance, flexible credit.
USDA Rural Development Loans: No down payment, low mortgage insurance, property must be in eligible areas.
Kentucky Housing DAP: $10,000 down payment assistance grant — available with FHA, VA, USDA, and conventional loans for qualified buyers.
Even if you have limited savings, there's a path to homeownership tailored to your situation.
