Kentucky Housing Corporation Partnership

First-time and repeat homebuyers statewide • Fixed interest rate • Principal residence ONLY • Purchase Price Limit: $481,176 • Borrower must meet KHC’s Secondary Market Income Limits

3% payment Monthly mortgage insurance (charter coverage) • KHC DAP applicable • No minimum borrower contribution • No reserves required • 80% AMI in​​come

3% down payment Monthly mortgage insurance (standard coverage) • KHC DAP applicable • No minimum borrower contribution • No reserves required • Secondary Market​ Income limits apply

Insured by the Federal Housing Administration • 3.5% down payment • KHC DAP applicable • Upfront and monthly mortgage insurance • Refinance Options (Available only through Secondary Market)

Guaranteed by Rural Housing Services (RHS) • Home must be located in a rural area as defined by RHS • No down payment if the property appraises for the sales price or greater • KHC DAP applicable • Upfront and monthly mortgage insurance • Refinance Options (Available only through Secondary Market)

Purchase price up to $481,176 with Secondary Market or Mortgage Revenue Bond (MRB) income limits • Assistance in the form of a loan up to $10,000 in $100 increments • Repayable over a 10-year term at 3.75% APR • Available to all KHC first-mortgage loan recipients

Must meet county-specific income limits • KHC DAP applicable • Minimum Credit Score of 620 • Principal Residence Only • First-time homebuyers statewide in non-targeted areas