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Louisville Kentucky Mortgage Rates


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Fannie Mae Mortgage Student Loan Solutions Frequently Asked Questions


Fannie, Fannie Mae, Fannie Mae Homepath, Fannie Mae New Lending Guidelines for Kentucky, First Time Home Buyer in Kentucky Zero Down, First Time Home Buyer Loans–Kentucky, First Time Home Buyer Programs Louisville Kentucky, Kentucky Fannie Mae REO Homes For Sale – HomePath.com, Louisville First Time Buyer Mortgages, Louisville First Time Buyers, Louisville Kentucky First Time Home Buyer, Refinance Fannie Mae Loan, STUDENT LOANS and tagged 2017 fannie mae student loan changes, conventional loan guidelines student loans, kentucky student loans, STUDENT LOANS

Kentucky First Time Home Buyer Programs for 2017 FHA, VA, KHC, USDA, RHS, Fannie Mae Loans in Kentucky

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Fannie Mae Student Loan Solutions Frequently Asked Questions
Listed below are common questions about Fannie Mae’s Student Loan Solutions.
Q1. How does Fannie Mae anticipate Student Loan Solutions will benefit
borrowers?
Forty-four million Americans today have student loan debt; seven in 10 graduates
of public and nonprofit colleges in 2015 had student loan debt; and recent
graduates averaged $34,000 in student loan debt.*
The Student Loan Solutions referenced in the Announcement address
challenges and obstacles to homeownership due to a significant increase in
student loan debt over the past decade and provide access to credit for qualified
borrowers. The new solutions give homeowners the opportunity to pay off one or
more student loans with a lower cost mortgage refinance, allow borrowers to
exclude certain monthly obligations paid by others from debt-to-income (DTI)
ratio, and make it more likely for borrowers with student debt to qualify for a
mortgage loan by…

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Fannie Mae recently announced some changes to student loans that will help more Kentucky Home Buyers Qualify.


Fannie Mae recently announced some changes to student loans that will help more Kentucky Home Buyers Qualify.

Louisville Kentucky Mortgage Loans

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Fannie Mae recently announced some changes to the Selling Guide. The following changes are effective immediately for loans submitted to Crescent under Fannie Mae’s requirements.
Student Loan Payments

If a payment is provided on the credit report, that amount can be used for qualifying purposes. If the credit report does not identify a payment amount (or reflects $0), the lender may use either 1% of the outstanding balance, or a calculated payment that will fully amortize the loan based on documented loan repayment terms.
Debts Paid by Others
Documentation requirements to exclude a NON-MORTGAGE debt from qualifying ratios have been simplified. Non-mortgage debts included installment loans, student loans, and other monthly debts as defined in the Fannie Mae Guide. When documentation is provided to show the debt has been satisfactorily paid by another party for the past 12 months, then the debt can be excluded from the debt-to-income ratio calculation…

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New Fannie Mae Homes in Kentucky for Sale On the Homepath Program Foreclosures


Address Location Type Status Price Beds Baths
Previous Next
136 W Main St
Mount Sterling, KY
Single Family Under Contract $60,000 5 2
1660 Ecton Rd
Winchester, KY
Single Family Under Contract $62,500 4 2
328 Hillrise Dr
Monticello, KY
Single Family Under Contract $65,000 3 2
502 E Main St
Vine Grove, KY
Single Family Active $67,900 3 1
103 S Henderson Dr
Fulton, KY
Single Family Active $69,900 3 3
424 E Union St
Hartford, KY
Single Family Under Contract $69,900 4 2
9213 New Maple Rd
Louisville, KY
Single Family Price Reduced $71,900 3 1
6003 Murnan Rd
Newport, KY
Single Family Under Contract $72,500 3 2
1927 Brooklyn Chapel Rd
Morgantown, KY
Single Family Price Reduced $72,900 3 2
112 Valley Brook Dr
Frankfort, KY
Single Family Active $75,000 3 2
520 E 20th St
Covington, KY
Single Family Under Contract $75,500 4 2
10802 Milwaukee Way
Louisville, KY
Single Family Active $76,000 3 2
4421 Mcgill Dr
Louisville, KY
Single Family Active $76,900 4 2 First Look Program
7 Welby Rd
Louisville, KY
Single Family Back on Market $78,500 2 1
120 Ridgemont Rd
Paducah, KY
Single Family Active $79,000 3 3
711 N Lakeview Dr
Louisville, KY
Single Family Active $81,500 2 1
12 Crestwood Ave
Newport, KY
Single Family Active $82,900 2 1
2115 Joyce Ave
Newport, KY
Single Family Active $82,900 2 1
5973 Madisonville Rd
Hopkinsville, KY
Single Family Under Contract $82,900 3 2
102 Poppy Ct
Radcliff, KY
Single Family Under Contract $87,500 3 2
10 Kenil Ct
Louisville, KY
Single Family Under Contract $87,900 3 1
64 Seymour Ln
Horse Cave, KY
Single Family Price Reduced $88,900 3 2
21 Highway 578 N
Annville, KY
Single Family Active $89,900 4 2
488 E Frogtown Rd
Walton, KY
Single Family Just Listed $89,900 2 1 First Look Program
421 Newby Rd
Richmond, KY
Single Family Active $92,900 4 2
3603 Shadyside Dr
Erlanger, KY
Single Family Under Contract $95,000 3 1
3506 Tyrone Dr
Louisville, KY
Single Family Under Contract $96,500 4 1
1983 Cathy Ln
Lexington, KY
Single Family Price Reduced $99,900 3 1
145 Douglas Ave W
Stanford, KY
Single Family Under Contract $105,000 3 2
931 Robin Cir
Radcliff, KY
Single Family Active $107,000 3 2
1520 Bryan Rd
Boaz, KY
Single Family Under Contract $109,000 4 3
3731 Stanton Blvd
Louisville, KY
Single Family Under Contract $115,000 3 2
727 Agawam Rd
Winchester, KY
Single Family Under Contract $117,500 4 3
114 Dakota Cir
Carrollton, KY
Single Family Back on Market $119,900 3 2 First Look Program
1557 Dunbar Leetown Rd
Morgantown, KY
Single Family Active $124,500 3 2
2301 Paris Rd
Mount Sterling, KY
Single Family Just Listed $129,900 3 2 First Look Program
1338 Lewis Creek Ln
Beaver Dam, KY
Single Family Just Listed $129,900 3 2 First Look Program
843 Button Knob Rd
Liberty, KY
Single Family Under Contract $135,000 4 2
313 Shakers Landing Rd
Harrodsburg, KY
Single Family Under Contract $142,500 3 2
145 Copperas Lick Br
Prestonsburg, KY
Single Family Just Listed $142,900 3 2.5 First Look Program
9145 Flagg Springs Pike
Alexandria, KY
Single Family Back on Market $144,500 4 3
926 S Woodland Dr
Radcliff, KY
Single Family Active $144,900 3 2
231 Turkey Run Dr
Bowling Green, KY
Single Family Under Contract $155,000 3 2
46 Summershade Dr
Elizabethtown, KY
Single Family Active $157,500 3 2
10520 Pinoak View Dr
Louisville, KY
Single Family Under Contract $161,000 3 2
2250 Clearwater Dr
Lawrenceburg, KY
Single Family Active $165,000 3 3
10445 Calvary Rd
Independence, KY
Single Family Under Contract $167,500 3 2
2401 Venetian Way
Burlington, KY
Single Family Under Contract $169,900 3 3
147 Owl Creek Ln
Shepherdsville, KY
Single Family Active $179,900 3 2
114 Annette Dr
Richmond, KY
Single Family Under Contract $185,000 5 3

Lock Extensions Cost Money – Blame it on Investors


Kentucky FHA, VA ,USDA, KHC, Conventional and Jumbo mortgage loans. I am based out of Louisville Kentucky. For the first time buyer with little money down, we offer Kentucky Housing or KHC loans with down payment assistance.

RPM Mortgage, Inc.

Written by Guest Blogger Jennifer Fortier of Stratmor Group
Originally published in Rob Chrisman’s Daily Mortgage News and Commentary

When a borrower locks a rate with a lender, the lender promises to hold that rate for the borrower until the loan closes. But there is a deadline and moving that deadline back costs money. Depending on what the mortgage rates are doing, this sometimes makes perfect sense to everyone, but other times, it seems counter-intuitive. This is the story behind the “extension fee”.

The Risk of the Borrower Lock

When a lender takes a rate lock, it takes on risk. The lender grants a lock today on a promise by the borrower to close a loan in the future, say 30 days later. Between today and the day the loan closes, the market is likely to fluctuate at least a little, and sometimes quite a lot. This leaves uncertainty about…

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FHA Approved Condo List Louisville Kentucky Jefferson County


FHA Approved Condo List Louisville Kentucky Jefferson County

Kentucky First Time Home Buyer Programs for 2017 FHA, VA, KHC, USDA, RHS, Fannie Mae Loans in Kentucky

FHA Approved Condo List Louisville Kentucky #Jefferson County#.

FHA Approved Condo List Louisville Kentucky Jefferson FHA Approved Condo List Louisville Kentucky Jefferson

Condominiums List

Condominiums (HRAP/DELRAP Approval Method) as of 03/12/2017
Condo
Name
Condo ID /
Submission
Address County Approval
Method
Composition
of Project
Comments Document
Status
Manufactured
Housing
FHA
Concentration
Status Status
Date
Expiration
Date
ARBOR CREEK CONDOMINIUMS A002562 001 ARBOR CREEK DRIVE AND ARBOR MEADOW WAY
LOUISVILLE, KY 40228
JEFFERSON HRAP 170 Units. DB 08278, PG 0268. None Recorded/
Not Uploaded
No 7.05% Approved 09/09/2015 09/09/2017
AUTUMN GARDENS CONDOMINIUMS A002616 001 10013 AUTUMN GARDENS WAY
LOUISVILLE, KY 40229
JEFFERSON HRAP 10 Buildings, 45 Units. DB08290PG0253, DB09109PG0706. None Recorded/
Not Uploaded
No 17.77% Approved 11/06/2015 11/06/2017
AUTUMN TRACE CONDOMINIMUM A002589 001 7520 AUTUMN POINTE DR
LOUISVILLE, KY 40214
JEFFERSON HRAP 105 Units. None Recorded/
Not Uploaded
No

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Getting a FHA Loan Approved with the new Guidelines for Student Loans in Kentucky for 2017


2017 KENTUCKY FHA MORTGAGE GUIDELINES FOR APPROVAL WITH STUDENT LOANS Student Loan Payment Calculation Must include all student loans in the borrower’s liabilities, regardless of the paymen

Louisville Kentucky Mortgage Loans

2017 KENTUCKY FHA MORTGAGE GUIDELINES FOR APPROVAL WITH STUDENT LOAN

2017 KENTUCKY FHA MORTGAGE GUIDELINES FOR APPROVAL WITH STUDENT LOANS Student Loan Payment Calculation Must include all student loans in the borrower’s liabilities, regardless of the payment type o…

Source: Getting a FHA Loan Approved with the new Guidelines for Student Loans in Kentucky for 2017

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24 New Fannie Mae Homes in Kentucky Government Foreclosures 2017


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Louisville Kentucky Mortgage Lender for FHA, VA, KHC, USDA and Rural Housing Kentucky Mortgage: Kentucky General Mortgage Guide for Underwriting A…: Kentucky Mortgage Underwriting Guidelines Understanding  Mortgage mortgage underwriting guidelines will help you understand your loan opt…


Posted By Blogger to Louisville Kentucky Mortgage Lender for FHA, VA, KHC, USDA and Rural Housing Kentucky Mortgage

Address Location Type Status Price Beds Baths
Previous Next
114 Dakota Cir
Carrollton, KY
Carrollton, KY 41008
Single Family Just Listed $119,900 3 2 First Look Program
4516 Amerivan Ct
Louisville, KY
Single Family Just Listed $198,900 4 2 First Look Program
1530 Spring Creek Dr
Murray, KY
Single Family Just Listed $299,900 3 3 First Look Program
3508 E 6th St
Owensboro, KY
Single Family Just Listed $63,000 3 1 First Look Program
10823 Muirfield Ct
Union, KY
Single Family Just Listed $158,500 2 4 First Look Program
843 Button Knob Rd
Liberty, KY
Single Family Just Listed $92,500 4 2 First Look Program
1557 Dunbar Leetown Rd
Morgantown, KY
Single Family Just Listed $134,500 3 2 First Look Program
563 Saint Andrews Rd
Brandenburg, KY
Single Family Just Listed $155,000 3 3 First Look Program
362 Pollitt Cir
New Castle, KY
Single Family Just Listed $64,500 3 2 First Look Program
931 Robin Cir
Radcliff, KY
Single Family Just Listed $116,500 3 2 First Look Program
114 Indian Trace Rd
Cadiz, KY
Single Family Just Listed $154,000 4 3 First Look Program
2589 Oregon Rd
Salvisa, KY
Single Family Just Listed $247,500 5 5 First Look Program
12 Crestwood Ave
Newport, KY
Single Family Back on Market $87,000 2 1
727 Agawam Rd
Winchester, KY
Single Family Back on Market $129,900 4 3 First Look Program
40 Beech Dr
Ft Mitchell, KY
Single Family Back on Market $84,500 3 2
313 Shakers Landing Rd
Harrodsburg, KY
Single Family Back on Market $142,500 3 2
8854 Valley Circle Dr
Florence, KY
Single Family Back on Market $118,800 3 2
163 Falls Ln
Shepherdsville, KY
Single Family Back on Market $99,900 4 1
213 Ridge Pole Rd
Brandenburg, KY
Single Family Price Reduced $199,900 4 4
1520 Bryan Rd
Boaz, KY
Single Family Price Reduced $117,500 4 3
8 Davenport Ln
Williamsburg, KY
Single Family Price Reduced $85,000 3 3
414 Village Dr
Frankfort, KY
Single Family Active $165,000 4 4
120 Ridgemont Rd
Paducah, KY
Single Family Active $94,500 3 3
3445 Bonny Lea Ct
Louisville, KY
Single Family Active $129,900 3 2 First Look Program
6003 Murnan Rd
Newport, KY
Single Family Active $77,500 3 2
21 Highway 578 N
Annville, KY
Single Family Active $99,900 4 2 First Look Program
11501 Flowervale Ln
Louisville, KY
Single Family Active $74,900 3 1
146 Grand Oak Blvd
Shepherdsville, KY
Single Family Active $255,000 4 3
18 Alice Dr
Greenup, KY
Single Family Active $75,000 4 2.5
424 E Union St
Hartford, KY
Single Family Active $98,900 4 2
2024 Woodmere Ct
Hebron, KY
Single Family Active $169,900 4 3
1927 Brooklyn Chapel Rd
Morgantown, KY
Single Family Active $89,900 3 2
112 Valley Brook Dr
Frankfort, KY
Single Family Active $85,000 3 2
250 Commerce St
Hardin, KY
Single Family Active $69,900 4 2
421 Newby Rd
Richmond, KY
Single Family Active $109,900 4 2
136 W Main St
Mount Sterling, KY
Single Family Active $115,000 5 2
2440 Lancaster Rd
Richmond, KY
Single Family Active $299,900 4 5
3510 Mcneil Rd
Boaz, KY
Single Family Active $249,000 3 2
145 Douglas Ave W
Stanford, KY
Single Family Active $115,000 3 2
418 A Mckinney Rd
Glasgow, KY
Single Family Active $72,500 2 1
532 Park Ridge Dr
Richmond, KY
Single Family Active $269,900 4 4
96 Cross Creek Farms Rd
Benton, KY
Single Family Active $209,500 5 4 First Look Program
3401 Wolf Creek Rd
Williamsburg, KY
Single Family Active $83,500 3 1

 

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