Program Highlights
Regular DAP
- Maximum Purchase Price: Up to $510,939 with Secondary Market or Mortgage Revenue Bond (MRB) income limits.
- Loan Amount: Up to $10,000, provided in $100 increments.
- Repayment Terms:
- 10-year term.
- Fixed interest rate of 3.75%.
Eligibility:
- Available to all recipients of a KHC first-mortgage loan.
For more information or to apply, contact your KHC-approved lender. They can assist you with the application process and answer any questions about your eligibility.
Kentucky Housing Corporation (KHC) Down Payment Assistance Program (DAP)
The Kentucky Housing Corporation offers a program designed to help homebuyers overcome the financial challenges of down payments, closing costs, and prepaid expenses.
Program Details for 2025
Loan Amount:
- Up to $10,000 in assistance, provided in $100 increments.
Repayment Terms:
- 10-year term at a fixed interest rate of 3.75%.
Purchase Price Limit:
- Homes priced up to $510,939.
Eligibility:
- Assistance is available to all KHC first-mortgage loan recipients.
- Income limits apply based on the Secondary Market or Mortgage Revenue Bond (MRB) guidelines.
Joel Lobb
Mortgage Loan Officer - Expert on Kentucky Mortgage Loans
Website: www.mylouisvillekentuckymortgage.com
Address: 911 Barret Ave., Louisville, KY 40204
Evo Mortgage
Company NMLS# 1738461
Personal NMLS# 57916
For assistance with Kentucky mortgage loans, reach out via email, call, or text Joel Lobb directly.