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joel lobb (Kentucky Loan)
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Louisville Kentucky Mortgage Loan Officer for USDA, FHA, VA, KHC, Fannie Mae and Jumbo Mortgage Loans
Louisville Kentucky Mortgage Loan Officer for USDA, FHA, VA, KHC, Fannie Mae and Jumbo Mortgage Loans

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List of Government Foreclosure Homes by USDA in Kentucky
Address Bed/Bath Price 62 Pine Top Dr 3/2 $54,940.00 - GovtBid Walton, KY 41094 Foreclosure Sale 1229 Shepard Way 3/2 $75,915.00 - GovtBid Shelbyville, KY 40065 Foreclosure Sale 101 Sidney Dr. 3/2 $101,840.00 - GovtBid Mount Sterling, KY 40353 Foreclosure S...
List of Government Foreclosure Homes by USDA in Kentucky
List of Government Foreclosure Homes by USDA in Kentucky
kentuckyruralhousingusdaloan.blogspot.com
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What is the minimum credit score I need to qualify for a Kentucky mortgage currently in 2018?
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Remember that there are many factors that go into the bureaus’ credit scoring algorithms, and each person’s credit file has different items, accounts, and circumstances. But FICO offers a framework of projected credit score increases based on their study of 30 million credit files:

• Most people will only see a credit score increase of 1 to 19 points.
• Between 1 and 2 million consumers will see their score jump up by 20 to 39 points.
• And about 300,000 people will benefit from a score boost of up to 60 points once these tax liens and civil judgments are removed.

However, the vast majority of American consumers won’t see any credit score increase at all because they don’t have tax liens or judgments on their report.

There may even be a downside to those who don’t have these liens or judgments on their report.

“Overall, consumers actually get hurt,” says Nick Larson, business development manager for LexisNexis Risk Solutions, pointing out that banks, creditors, and lenders will have to tighten their guidelines and requirements just to keep the status quo, compensating for this widespread scoring bump. “Lenders and servicers have to hedge for that risk,” Larson reports.

No matter If you have a tax lien or civil judgment or not, the ideal way to maintain a great credit score over the long term is to make your payments on time, keep your balances low, and keep a good mix of seasoned, responsible accounts.
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Sometimes, if someone does not have established credit that is reported to the credit bureaus, they need to use “alternative credit” or “non traditional” credit, which may be acceptable with FHA financing. Proving you have credit that is not reported to the bureaus requires that you obtain documentation from three different sources that you have made on time payments to during the last 12 months.

Possible types of non-traditional credit (preferred–at least one of these types of sources are required):

rent payments
utilities (telephone, electricity, gas, water, garbage, cable, etc.)–not included in housing payment.
Other acceptable sources of non-traditional credit are (two out of three sources may come here):

insurance (medical, auto, life, renter’s, etc).
payment to child care providers
internet/cell phone service
personal loan with terms in writing supported with canceled checks
department, furniture, rent-to-own stores, etc.
a documented 12 month history of saving by regular deposits (at least quarterly) that are not payroll (automatic) deducted.
Note: Debts that are paid automatically from your payroll are not allowed to be used in documenting non-traditional credit. Lenders want to make sure that you are able to make timely payments “voluntary”.

The “form of proof” can be:

canceled checks for the last 12 months, or
written letter from creditor which is written on their letterhead, includes your name and account number stating the you have made on-time payments during the last twelve months. The letter should include what the payment amount is and the total amount due.
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State Days Old Counties
KY 365 ADAIR, ALLEN, ANDERSON, BALLARD, BARREN, BATH, BELL, BOONE, BOURBON, BOYD, BOYLE, BRACKEN, BREATHITT, BRECKINRIDGE, BULLITT, BUTLER, CALDWELL, CALLOWAY, CAMPBELL, CARLISLE, CARROLL, CARTER, CASEY, CHRISTIAN, CLARK, CLAY, CLINTON, CRITTENDEN, CUMBERLAND, DAVIESS, EDMONSON, ELLIOTT, ESTILL, FAYETTE, FLEMING, FLOYD, FRANKLIN, FULTON, GALLATIN, GARRARD, GRANT, GRAVES, GRAYSON, GREEN, GREENUP, HANCOCK, HARDIN, HARLAN, HARRISON, HART, HENDERSON, HENRY, HICKMAN, HOPKINS, JACKSON, JEFFERSON, JESSAMINE, JOHNSON, KENTON, KNOTT, KNOX, LARUE, LAUREL, LAWRENCE, LEE, LESLIE, LETCHER, LEWIS, LINCOLN, LIVINGSTON, LOGAN, LYON, MADISON, MAGOFFIN, MARION, MARSHALL, MARTIN, MASON, MCCRACKEN, MCCREARY, MCLEAN, MEADE, MENIFEE, MERCER, METCALFE, MONROE, MONTGOMERY, MORGAN, MUHLENBERG, NELSON, NICHOLAS, OHIO, OLDHAM, OWEN, OWSLEY, PENDLETON, PERRY, PIKE, POWELL, PULASKI, ROBERTSON, ROCKCASTLE, ROWAN, RUSSELL, SCOTT, SHELBY, SIMPSON, SPENCER, TAYLOR, TODD, TRIGG, TRIMBLE, UNION, WARREN, WASHINGTON, WAYNE, WEBSTER, WHITLEY, WOLFE, WOODFORD, WOODFORD
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Address Bed/Bath Price
118 Brooks Street 3/1.5 $43,755.00 - GovtBid
Cynthiana, KY 41031 Foreclosure Sale
41 Lori Lane 3/1 $49,580.00 - GovtBid
Garrison, KY 41141 Foreclosure Sale
1718 Amos Ridge Rd 3/1 $53,190.00 - GovtBid
Frenchburg, KY 40322 Foreclosure Sale
777 KY Highway 801 S 3/3 $50,920.00 - GovtBid
Morehead, KY 40351 Foreclosure Sale
14 Catalina Dr. 2/1 $30,150.00 - GovtBid
Walton, KY 41094 Foreclosure Sale
224 Back St. 3/1.5 $11,390.00 - GovtBid
Campton, KY 41301 Foreclosure Sale
375B Freedom School Road 3/2 $34,840.00 - GovtBid
Mt. Vernon, KY 40456 Foreclosure Sale
125 Green Valley Road 3/1.5 $112,836.00 - GovtBid
Williamsburg, KY 40769 Foreclosure Sale
121 Blue Bird Rd. 3/1 $20,502.00 - GovtBid
West Liberty, KY 41472 Foreclosure Sale
14 Short St 3/1 $54,520.00 - GovtBid
Scottsville, KY 42164 Foreclosure Sale
4276 Browning Rd 3/1.5 $50,250.00 - GovtBid
Rockfield, KY 42274 Foreclosure Sale
3710 Aarons Run Rd 3/1 $48,175.00 - GovtBid
Mount Sterling, KY 40353 Foreclosure Sale
53 Elkins St. 3/1 $15,410.00 - GovtBid
Vanceburg, KY 411798022 Foreclosure Sale
33 Earnest Sparks Rd 3/2 $65,480.00 - GovtBid
Columbia, KY 42728 Foreclosure Sale
49 Nipper Dr 4/1 $19,899.00 - GovtBid
Ezel, KY 41425 Foreclosure Sale
120 Frederick Rd. 3/2 $85,305.00 - GovtBid
Nicholasville, KY 40356 Foreclosure Sale
74 Kaden 3/1 $20,370.00 - GovtBid
Ezel, KY 41425 Foreclosure Sale
200 Wilkerson 3/2 $31,490.00 - GovtBid
Scottsville, KY 42164 Foreclosure Sale
19 Bon Jan Lane 3/1 $36,850.00 - GovtBid
Highland Heights, KY 41076 Foreclosure Sale
132 Grace Court 3/2 $91,810.00 - GovtBid
Harrodsburg, KY 40330 Foreclosure Sale
180 Chase Way 3/2.5 $23,130.00 - GovtBid
Glasgow, KY 42141 Foreclosure Sale
5821 Greenvale Lane 3/1 $30,150.00 - GovtBid
Paducah, KY 42033 Foreclosure Sale
661 Cottonwood Dr 3/1 $26,800.00 - GovtBid
Richmond, KY 40475 Foreclosure Sale
1260 Carolina Ave 3/1 $20,100.00 - GovtBid
Maysville, KY 41056 Foreclosure Sale
675 Cottonwood Dr. 3/1 $30,150.00 - GovtBid
Richmond, KY 40475 Foreclosure Sale
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Can I Qualify For a VA Home Loan to Buy a Home in Kentucky using my VA Certificate of Eligibility?
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How to Apply and Get Approved for A Kentucky VA Mortgage Loan?
If you or your spouse has ever served or is currently serving in the military, you may be eligible for a Kentucky VA loan. This type of VA mortgage loan is guaranteed by the U.S. Department of Veterans Affairs (VA), a federal agency that focuses on assistin...
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