Kentucky FHA loans are home loans insured by the FHA (Federal Housing Administration) which give Kentucky borrowers the opportunity to secure KY home loans, when they don't quality for other conventional loans. For example, future Kentucky homeowners with little credit history or poor credit history are sometimes able to qualify for Kentucky FHA loans.

Kentucky FHA Loans for First Time Homeowners

KY FHA loans are ideal for first-time Kentucky homeowners due to low down-payment requirements and flexible qualifying guidelines.

Refinancing with FHA Loans in Kentucky

FHA also offers a refinancing option for Kentucky homeowners where it's possible to refinance up to 97.5% of your home’s value. Additionally, there’s also an option for FHA cash-out refinance of up to 85%.

FHA Loan Requirements - Kentucky

  1. No income limit
  2. Kentucky borrower credit score flexibility
  3. 3.5% down payment on Kentucky Purchase Loans
  4. Bankruptcy: KY FHA loans can be obtained as soon as 2 years after Chapter 7 discharge (assuming good credit history since)
  5. Foreclosures: An FHA loan can be obtained as early as 3 years after the final date of foreclosure (assuming good credit history since)

Kentucky (KY) FHA Loan Limits

FHA loan limits in Kentucky vary based on a number of criteria including the specific. location (county), number of units in the property (up to 4-unit properties in Kentucky), etc. Please contact Home Point Financial's Kentucky FHA loan experts for details on loan limits for FHA loans in Kentucky (KY).

Apply online or contact Home Point Financial to learn more about FHA loans in Kentucky.