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Joel Lobb
Senior Loan Officer
(NMLS#57916)American Mortgage Solutions, Inc.
10602 Timberwood Circle, Suite 3
Louisville, KY 40223phone: (502) 905-3708
Fax: (502) 327-9119
kentuckyloan@gmail.com

DOWN PAYMENT ASSISTANCE IS BACK!
New KHC Program Offers Down Payment Assistance, Opens Doors for Wide Range of Homebuyers
For those would-be Kentucky home buyers for whom a down payment is an obstacle to owning a home, help has arrived. A new Kentucky Housing program allows buyers to combine a down payment assistance loan with zero percent interest, and grant up to $15,000 dollars with great interest rates,(currently 4.25% on a 30 year fixed rate FHA loan) getting them in the door of that new home for much less.
Interest Rates
Reservation System Open Monday – Friday from 10 a.m. to 9 p.m.
Secondary Market Interest Rates — 45 Day Lock
| Loan Type | Rate without Down Payment Assistance | Rate with Down Payment Assistance |
|---|---|---|
FHA, VA & RHS | 3.875% | 4.25% |
Conventional With MI | 4.375% | 4.625% |
Conventional No MI | 4.875% |
5.125% |
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