FHA/VA Financing up to 100%

Northern Kentucky FHA/VA Financing

Veteran Administration (VA)

VA loans cover up to 100% financing and closing costs. They include a 2.4% VA funding fee financed into the total loan amount. These loans also have NO monthly mortgage insurance fee charges. If you are looking for a second VA loan, the funding fee is slightly higher. To qualify you must have a VA certificate of eligibility.

Federal Housing Administration (FHA)

This is America’s most popular government loan, and normally requires a minimum of 3.5% down payment, if not under the $100 down HUD owned properties program. Many families whose income does not exceed 120% of median income for your county are eligible for down payment grants. We will assist you in obtaing these available grants.

In addition to a 1.75% upfront mortgage insurance premium, there is an annual charge of 1.25% payable in monthly installments.These are also popular refinance programs with qualifying scores down to 600 and up to 85% LTV cash out refinances. Call us for more information on obtaining these funds.

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