FHA Home Loans in Kentucky
Looking for a low money down home loan solution? Have past credit issues prevented you from obtaining financing? Are you interested in maximizing the amount of cash-out you can get with your refinance? If you answered yes to any of those questions, you may want to consider an FHA loan from eLEND. We’ve helped people throughout the Bluegrass State buy homes with relatively little money down and competitive interest rates through a program backed by the Federal Housing Administration. Give us a call today at (800) 634-8616 to see if an FHA loan might be right for you.
I want to...
Choose this if you want to apply for a mortgage.
For more information, use our mortgage education center or read details on our loan programs.
Choose this to get your mortgage rate.
This only takes a couple minutes! You can even scan a picture of another estimate and we'll generate a comparison.
Benefits of an FHA Loan
Why Consider an FHA Loan?
Loans backed by the FHA are some of the simplest to qualify for and are popular with first-time home buyers. Your down payment could be as low as 3.5 percent, depending on your credit score. FHA loans are available in both 15- and 30-year fixed rate terms and as a 5/1 ARM, making them easier to tailor to your specific needs.
Purchase and Refinance
Whether you’re buying your first home in Kentucky or want to refinance your existing home, there are several options that might be just right for you:
- FHA Purchase Loans – In addition to low down payment options and lenient credit requirements, FHA loans may allow for money gifts to help with a down payment, and may allow a seller pay as much as 6 percent of the closing costs.
- Refinance Loans – If you already own a home in Kentucky with an FHA mortgage, you may qualify for a Streamline Refinance that makes the refinancing process simpler. You can also choose from rate and term and cash out refinance programs.
Other FHA loan options include those tailored for mobile home financing, and for older homes in need of repairs and improvements.
Contact Us to Discuss Kentucky FHA Loans
Call eLEND today at 800-634-8616 to learn more about our FHA loans and other mortgage programs. You can also complete the rate quote form on this page and one of our professionals will review your request and follow-up with rate and product information.