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Kentucky Housing Corporation (KHC) offices will close at noon on Friday, April 14, 2017, in honor of Good Friday. KHC offices will reopen on Monday, April 17, 2017, at 8 a.m.
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KHC Loan Reservation System
KHC's Loan Reservation System will be down for maintenance on Wednesday, April 19, 2017, from 5 - 7 p.m. ET. Lending partners will not be able access this system during this time. We apologize for any inconvenience.
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Please remember to like KHC on Facebook. While you're there, please leave a review to let others know what you think of the Corporation. You can find KHC's Facebook page at www.facebook.com/kyhousing.
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TPO Lender Trainings
KHC is hosting a refresher course for TPO Lenders in Bowling Green, Louisville, and Lexington. If your company has new loan officers or processors who have never worked with KHC, or it has been a while since they have, this training may benefit them. Training dates, times, and locations are as follows:
Loan Officers and Processors
Tuesday, May 16, 2017
9:30 a.m.-12:30 p.m. CT
Realtor Association of Southern Kentucky (RASK)
180 W Professional Park Ct.
Bowling Green, Kentucky 42104
Thursday, May 18, 2017
9 a.m. - Noon ET
Greater Louisville Association of Realtors (GLAR)
6300 Dutchmans PKWY
Louisville, Kentucky 40205
Thursday, May 25, 2017
1-4 p.m. ET
Lexington Bluegrass Association of Realtors (LBAR)
2250 Regency Road
Lexington, Kentucky 40503
This is a basic lender training for KHC loan products, Down payment Assistance Programs (DAPs), reservation system, and workflow. Space is limited; reservations are first-come, first-served. Please RSVP to [email protected] with attendee names and the location you would like to attend.
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MRB Special Funding Program
KHC still has $2 million available at 2 percent interest rate, fixed for 30 years. This special funding program is available on a first-come, first-served basis. This program is targeted to:
- Households whose gross annual income does not exceed $40,000.
- An existing or new construction property (purchase price limit $130,000) in a county not receiving HHF DAP funds*.
- 640 minimum credit score.
- FHA, VA, or RHS first mortgage options.
- Households who meet one of the following criteria:
- At least one of the home buyers is age 62 or older.
- At least one member of the household is disabled and receiving disability income.
- A single- or two-parent household with at least one dependent child under the age of 18 living in the household.
*Counties (Christian, Hardin, Jefferson, and Kenton) that have received Hardest Hit Funds (HHF) Down payment Assistance (DAP) funds are ineligible for MRB Special Funding.
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