Operation KY Home – MRB Special Funding Program

In All by Nathan Jones

va-home-loan

 

Operation KY Home – MRB Special Funding Program

Kentucky Housing Corporation (KHC) has $3 million available in MRB, Special Funding, for active or non-active duty veterans at a 2 percent interest rate, fixed for 30 years. This special funding program is available on a first-come, starting Wednesday, September 6, 2017. 

Give us a call, 502.233.1433. We have loan officers who can help you every step of the way! 

More information is available at www.OperationKYHome.com

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).
  • 620 minimum credit score.
  • FHA, VA or RHS first mortgage options.
  • Households who include active or non-active duty veterans. Documentation may include but not limited to:
    • Leave and Earnings Statement (LES)
    • DD214 – Discharge from Active Duty
    • VA Award Letter
  • Must meet insuring agency guidelines.
  • Available statewide.
  • Both Regular and Affordable DAP are available.