and, if you qualify, loan programs through the Veteran’s Administration (VA) often don’t require any money down at all.
Kentucky First Time Home Buyer Qualifications for 2019
- Getting a Kentucky mortgage for a Kentucky First Time Home Buyer in 2019 can be a mystifying process, especially if you’ve never done it before. To make matters worse, there’s a lot of incorrect and outdated information out there to contend with. To that end, we’ve decided to set the record straight. Below are six of the most common mortgage myths for Kentucky Homebuyers and Homeowners. We’ve debunked them for you so that you can go into the mortgage process feeling informed.
2. Getting pre-qualified is the same as getting pre-approved
Though these two terms may sound the same, there is a world of difference between them. You can get pre-qualified in minutes just by answering a few questions about your financial situation. However, the pre-approval process is much more through. In this scenario, your financials are vetted by a lender before a…
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