Kentucky FHA Loan Rates, Closing Costs & Stats

Kentucky

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    • FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

    FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

    While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

    For additional requirements as defined by the FHA, click here.

    Kentucky FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Kentucky averaged 7.02% for the week of 2025-05-23, compared to the national average (all FHA variants) of 6.612% for the same period.

    Kentucky's average FHA mortgage closing costs are $6,888.

    The average rate for the prior week (2025-05-16) was 6.65% and one month ago for the week of 2025-04-18, the average rate was 6.67%.

    The average rate one year ago was 7.05%.

    For refis of the same type during the week of 2025-05-23, the average rate was 6.38%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Kentucky FHA Loan Lenders by Rates & Fees

    The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Kentucky level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    QUICKEN LOANS, LLC 1,242 6.50% $9,262
    UNITED WHOLESALE MORTGAGE, LLC 1,043 6.34% $10,113
    STOCKTON MORTGAGE CORPORATION 929 6.52% $9,937
    FREEDOM MORTGAGE CORPORATION 478 6.39% $10,747
    BROKER SOLUTIONS, INC. 378 6.72% $9,877
    EVANSVILLE TEACHERS 307 6.39% $7,120
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 284 6.67% $7,491
    Northpointe Bank 266 6.36% $9,907
    PENNYMAC LOAN SERVICES, LLC 255 6.10% $8,751
    RUOFF MORTGAGE COMPANY, INC. 234 6.64% $6,634
    CROSSCOUNTRY MORTGAGE, LLC 210 6.62% $10,151
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 202 6.59% $10,520
    EVERETT FINANCIAL, INC. 195 6.65% $9,241
    U.S. Bank 170 6.46% $7,055
    Republic State Mortgage Co. 168 6.60% $9,111
    Equity Prime Mortgage LLC 167 6.91% $8,497
    VICTORY MORTGAGE, L.L.C. 167 5.73% $8,706
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 149 6.50% $10,129
    LOANDEPOT.COM, LLC 142 6.46% $9,576
    Bank of England 142 6.63% $10,457
    Century Mortgage Company DBA Century Lending Company 140 6.47% $10,392
    FBC MORTGAGE, LLC 138 5.06% $10,414
    UNION HOME MORTGAGE CORP. 134 6.58% $9,803
    GENEVA FINANCIAL, LLC 132 6.56% $10,103
    Prosperity Home Mortgage, LLC 131 6.15% $10,248
    Magnolia Bank 117 6.47% $8,584
    T2 FINANCIAL LLC 111 6.26% $10,146
    SOUTH CENTRAL BANK, INC. 105 6.33% $7,719
    Republic Bank & Trust Company 101 6.28% $8,335
    AMERISAVE MORTGAGE CORPORATION 100 6.38% $11,281
    Fifth Third Bank 97 6.55% $7,113
    SUCCESS MORTGAGE PARTNERS, INC. 95 6.43% $10,937
    Paramount Residential Mortgage Group, Inc. 89 6.56% $11,262
    Stock Yards Bank & Trust Company 87 6.44% $8,565
    INTERLINC MORTGAGE SERVICES, LLC 87 6.65% $7,756
    NEWREZ LLC 85 6.34% $9,749
    GERSHMAN INVESTMENT CORP. 79 6.51% $6,703
    Carrington Mortgage Services, LLC 78 6.30% $11,717
    HOMESIDE FINANCIAL, LLC 78 6.52% $10,658
    Flagstar Bank, FSB 74 6.44% $8,219
    Mortgage Research Center, LLC 73 6.72% $6,039
    POLARIS HOME FUNDING CORP. 70 6.70% $9,650
    DAS Acquisition Company, LLC 65 6.64% $9,357
    MUTUAL OF OMAHA MORTGAGE, INC. 65 6.63% $12,202
    ENVOY MORTGAGE, LTD 61 6.48% $11,199
    Guardian Savings Bank, A Federal Savings Bank 58 6.30% $7,323
    LAKEVIEW LOAN SERVICING, LLC 57 6.39% $8,271
    GUARANTEED RATE, INC. 57 6.48% $9,233
    Mr. Cooper ( Nationstar Mortgage ) 55 6.60% $10,746
    GoPrime Mortgage, Inc. 53 6.64% $6,413
    Plains Commerce Bank 50 6.52% $9,862
    ENDEAVOR CAPITAL, LLC. 47 6.45% $8,911
    CARDINAL FINANCIAL 46 6.43% $11,291
    German American Bank 45 6.40% $7,359
    PLANET HOME LENDING, LLC 45 6.17% $6,812
    FIRST COMMUNITY MORTGAGE, INC. 45 6.46% $11,490
    MOVEMENT MORTGAGE, LLC 44 6.58% $9,633
    AMERICAN FINANCIAL RESOURCES, INC. 41 6.82% $9,563
    VANDERBILT MORTGAGE AND FINANCE, INC. 41 5.68% $12,722
    Peoples Exchange Bank 40 6.14% $6,735
    PRIMARY RESIDENTIAL MORTGAGE, INC. 40 6.57% $5,473
    BAYSHORE MORTGAGE FUNDING, LLC 39 6.94% $11,695
    PULTE MORTGAGE LLC 38 5.33% $8,315
    Ixonia Bank 36 6.85% $9,908
    JPMorgan Chase Bank 36 6.72% $6,959
    EMM LOANS LLC 35 6.36% $10,741
    Traditional Bank, Inc. 34 6.58% $8,712
    AMERICAN FINANCING CORPORATION 31 6.03% $10,448
    MID AMERICA MORTGAGE, INC. 30 6.91% $6,313
    WesBanco 30 6.15% $8,767
    AmeriHome Mortgage Company, LLC 29 6.51% $8,187
    Truist 29 6.48% $7,630
    Renasant Bank 28 6.38% $7,498
    PRIMELENDING, A PLAINSCAPITAL COMPANY 27 6.85% $10,302
    AMERICAN FINANCIAL NETWORK, INC. 27 6.88% $11,071
    TOP FLITE FINANCIAL, INC. 26 6.83% $12,979
    MYCUMORTGAGE, LLC 24 6.85% $7,170
    PLAZA HOME MORTGAGE, INC. 24 6.56% $11,053
    PNC Bank 24 6.71% $7,881
    VILLAGE CAPITAL MORTGAGE 24 6.53% $5,171
    AMERICAN PACIFIC MORTGAGE CORPORATION 24 6.81% $10,204
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 22 6.37% $12,736
    HOMEBRIDGE FINANCIAL SERVICES, INC. 22 6.45% $6,716
    CHURCHILL MORTGAGE CORPORATION 22 6.70% $10,334
    DHI MORTGAGE COMPANY, LTD. 21 5.32% $7,810
    The Huntington National Bank 20 6.59% $8,484
    Central Bank 20 6.34% $6,943
    Forcht Bank 20 6.58% $5,731
    Nations Lending Corporation 20 6.33% $12,626
    ROYAL UNITED MORTGAGE LLC 20 6.98% $9,260
    SUN WEST MORTGAGE COMPANY, INC. 19 6.60% $8,805
    ROSS MORTGAGE CORPORATION 19 6.95% $10,214
    FAIR WAY LENDING LLC 17 6.64% $8,515
    NATIONS RELIABLE LENDING, LLC 16 6.56% $10,248
    LEADERONE FINANCIAL CORPORATION 16 6.48% $8,649
    Old National Bank 16 5.94% $8,005
    GUILD MORTGAGE COMPANY 16 6.63% $9,932
    The Loan Store, Inc. 16 6.37% $9,937
    PREMIER LENDING, INC. 15 6.09% $11,712
    MORTGAGE INVESTORS GROUP, INC. 15 6.39% $7,255
    American Mortgage & Equity Consultants, Inc. 15 6.46% $11,702
    ZILLOW HOME LOANS, LLC 15 6.26% $9,276
    CMG MORTGAGE, INC. 14 6.56% $12,484
    INSPIRE HOME LOANS INC. 14 5.63% $9,873
    SOUTHWEST FUNDING, LP 14 7.03% $10,616
    MORTGAGE MASTERS OF INDIANA, INC. 14 6.40% $6,703
    BAY EQUITY LLC 13 6.53% $7,860
    Lakeview Community Capital, LLC 13 6.43% $8,387
    The Federal Savings Bank 13 6.53% $12,986
    First Harrison Bank 13 6.60% $8,348
    THE MORTGAGE WAREHOUSE,LLC 13 6.49% $8,036
    MORTGAGE SOLUTIONS OF COLORADO, LLC 13 6.88% $11,719
    TOWNE MORTGAGE COMPANY 13 6.57% $8,780
    FIRST EQUITY MORTGAGE INCORPORATED 12 6.11% $13,356
    Heartland Bank 12 6.36% $8,561
    PHH Mortgage Corporation 12 6.19% $9,431
    AmRes Corporation 12 7.07% $11,067
    SWBC MORTGAGE CORPORATION 12 6.49% $9,791
    First Financial Bank 11 6.51% $9,729
    RELIANCE FIRST CAPITAL, LLC 11 6.89% $11,730
    Regions Bank 10 6.56% $6,574
    Citizens Bank 10 6.49% $6,978
    NORWICH COMMERCIAL GROUP, INC. 10 6.51% $5,986
    Texana Bank 10 6.23% $11,137
    UNITED MORTGAGE CORP 9 6.46% $14,569
    LIBERTY HOME MORTGAGE CORPORATION 8 6.83% $12,297
    GUARANTEED RATE AFFINITY, LLC 8 6.81% $9,690
    ACOPIA, LLC 8 6.58% $10,198
    NVR Mortgage Finance, Inc. 8 6.48% $5,681
    FirstBank 8 6.59% $8,343
    LAND HOME FINANCIAL SERVICES, INC. 8 7.22% $12,222
    CALCON MUTUAL MORTGAGE LLC 8 6.58% $8,750
    FIRST ALLIANCE HOME MORTGAGE, LLC 8 5.80% $14,490
    TJC Mortgage, Inc. 8 6.48% $9,629
    RiverHills Bank 7 6.34% $7,657
    M&T Bank 7 6.75% $10,945
    BETTER MORTGAGE CORPORATION 7 6.07% $9,778
    OCEANSIDE MORTGAGE COMPANY 7 6.07% $4,259
    ISERVE RESIDENTIAL LENDING, LLC 7 6.66% $9,286
    Barrington Bank & Trust Company, N.A. 7 6.70% $8,854
    EUSTIS AND AMERICAN MORTGAGE COMPANY 7 6.84% $8,487
    MEMBER FIRST MORTGAGE, LLC 6 6.44% $7,682
    Bank of America 6 6.17% $5,211
    PREMIER MORTGAGE RESOURCES, L.L.C. 6 6.54% $11,070
    Peoples Bank 6 6.65% $8,103
    AXIA FINANCIAL, LLC 6 6.98% $10,449
    FIRST MORTGAGE COMPANY, INC. 6 6.52% $8,013
    Waterstone Mortgage Corporation 6 6.33% $10,645
    CITY FIRST MORTGAGE SERVICES, L.L.C. 5 6.75% $10,667
    NEXERA HOLDING LLC 5 6.05% $7,642
    NFM, INC. 5 6.73% $8,846
    CANOPY MORTGAGE, LLC 5 5.75% $9,615
    1ST SIGNATURE LENDING, LLC 5 6.63% $12,596
    Wells Fargo Bank 5 6.10% $8,684
    NBKC BANK 5 6.20% $7,466
    ALLIED MORTGAGE GROUP, INC. 4 6.22% $8,044
    MICHIGAN MUTUAL, INC. 4 6.81% $8,816
    NEW DAY FINANCIAL, LLC 4 7.50% $4,400
    PENTAGON FEDERAL CREDIT UNION 4 5.59% $10,517
    RAPID MORTGAGE COMPANY 4 6.66% $12,748
    Legacy Home Loans, LLC 4 6.34% $11,771
    SECURITYNATIONAL MORTGAGE COMPANY 4 6.50% $6,860
    DIRECT MORTGAGE LOANS, LLC 3 6.71% $12,252
    Sierra Pacific Mortgage Company, Inc. 3 6.33% $5,762
    Union Savings Bank 3 6.42% $7,672
    GVC MORTGAGE, INC. 3 7.17% $11,483
    MORTGAGE ACCESS CORP. 3 6.29% $15,613
    The Dart Bank 3 6.25% $6,439
    SeaTrust Mortgage Company 3 6.12% $11,243
    FIRST COLONY MORTGAGE CORPORATION 3 6.46% $7,694
    SIBCY CLINE MORTGAGE SERVICES, INC. 3 6.42% $10,007
    COMPASS MORTGAGE, INC. 3 6.50% $11,076
    PREMIA MORTGAGE, LLC 3 6.50% $8,185
    NATIONS DIRECT MORTGAGE, LLC 3 6.46% $11,240
    PLUS RELOCATION MORTGAGE, LLC 2 7.00% $12,065
    COUNTRYPLACE MORTGAGE, LTD. 2 4.75% $11,840
    Civista Bank 2 6.44% $7,949
    First Federal Bank 2 6.19% $9,821
    Flanagan State Bank 2 6.63% $9,314
    FLAT BRANCH MORTGAGE, INC. 2 7.19% $8,411
    First Horizon Bank 2 6.38% $9,123
    VAN DYK MORTGAGE CORPORATION 2 6.31% $16,887
    EMBRACE HOME LOANS, INC. 2 6.12% $9,993
    BOKF 2 6.88% $9,851
    Legends Bank 2 6.19% $7,408
    RESIDENTIAL BANCORP 2 6.44% $7,809
    Assurance Financial Group, L.L.C. 2 6.63% $18,047
    The Central Trust Bank 2 6.19% $10,216
    Arvest Bank 1 6.38% $10,534
    First National Bank of Omaha 1 6.50% $5,113
    GSF Mortgage Corporation 1 6.25% $9,396
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.25% $13,341
    Home Mortgage Alliance Corp 1 6.99% $6,151
    Hometown Equity Mortgage, LLC 1 6.63% $7,800
    First Financial Bank 1 6.13% $7,891
    JMAC LENDING, INC. 1 6.13% $5,599
    LOANFLIGHT LENDING, LLC 1 7.25% $7,288
    Meridian Bank Corporation 1 6.75% $23,185
    MORIA DEVELOPMENT, INC. 1 7.25% $8,747
    MORTGAGEONE, INC. 1 6.13% $15,346
    EQUITY RESOURCES, INC. 1 6.63% $6,121
    East Coast Capital Corp. 1 6.50% $9,499
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 7.25% $8,998
    DATA MORTGAGE, INC. 1 6.13% $6,435
    OCMBC, INC. 1 7.13% $23,836
    OPEN MORTGAGE, LLC 1 7.63% $14,352
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 5.75% $4,692
    Cornerstone First Mortgage, Inc 1 6.25% $15,030
    Commerce Home Mortgage, Inc. 1 6.88% $10,005
    CIBM Bank 1 6.25% $9,699
    Chickasaw Community Bank 1 6.38% $8,469
    CapStar Bank 1 6.75% $8,893
    Blue Ridge Bank 1 6.63% $6,060
    Simmons Bank 1 6.00% $7,182
    SIRVA MORTGAGE, INC. 1 6.50% $4,560
    SOUTHPOINT FINANCIAL SERVICES, INC. 1 6.00% $5,009
    SOUTHWEST STAGE FUNDING, LLC 1 6.38% $13,131
    BANKSOUTH MORTGAGE COMPANY, LLC 1 6.50% $10,272
    SUMMIT FUNDING, INC. 1 5.75% $7,621
    BancorpSouth 1 6.50% $10,455
    The Farmers Bank 1 5.75% $6,949
    The First National Bank of Middle Tennessee 1 5.63% $12,758
    1st National Bank 1 6.50% $9,661
    The State Bank and Trust Company 1 6.50% $7,309
    The Union Bank Company 1 6.25% $9,033
    TOTAL MORTGAGE SERVICES, LLC 1 7.00% $18,848
    Towne Bank 1 5.88% $14,724
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 7.13% $8,690
    United Bank 1 6.13% $7,325
    United Community Bank 1 6.00% $6,492
    Ameris Bank 1 7.63% $11,186
    University Bank 1 7.00% $7,737
    Victorian Finance, LLC 1 6.75% $5,819
    Alcova Mortgage LLC 1 5.75% $6,143
    V.I.P. MORTGAGE, INC. 1 6.25% $7,761

    The top Kentucky FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with 1,242 FHA loans originated. Their average total fees are $9,262, which is $850 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Kentucky FHA lenders (with over 10 loans originated) are VILLAGE CAPITAL MORTGAGE ($5,171), PRIMARY RESIDENTIAL MORTGAGE, INC. ($5,473), Forcht Bank ($5,731), NORWICH COMMERCIAL GROUP, INC. ($5,986) and Mortgage Research Center, LLC ($6,039).

    The lowest rate Kentucky FHA lenders (with over 10 loans originated) are FBC MORTGAGE, LLC (5.06%), DHI MORTGAGE COMPANY, LTD. (5.32%), PULTE MORTGAGE LLC (5.33%), INSPIRE HOME LOANS INC. (5.63%) and VANDERBILT MORTGAGE AND FINANCE, INC. (5.68%).

    Kentucky FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    NON-METRO ADAIR 2022 $420,680 $538,650 $651,050 $809,150
    BOWLING GREEN, KY ALLEN 2022 $420,680 $538,650 $651,050 $809,150
    FRANKFORT, KY ANDERSON 2022 $420,680 $538,650 $651,050 $809,150
    PADUCAH, KY-IL BALLARD 2022 $420,680 $538,650 $651,050 $809,150
    GLASGOW, KY BARREN 2022 $420,680 $538,650 $651,050 $809,150
    MOUNT STERLING, KY BATH 2022 $420,680 $538,650 $651,050 $809,150
    MIDDLESBOROUGH, KY BELL 2022 $420,680 $538,650 $651,050 $809,150
    CINCINNATI, OH-KY-IN BOONE 2022 $420,680 $538,650 $651,050 $809,150
    LEXINGTON-FAYETTE, KY BOURBON 2022 $420,680 $538,650 $651,050 $809,150
    HUNTINGTON-ASHLAND, WV-KY-OH BOYD 2022 $420,680 $538,650 $651,050 $809,150
    DANVILLE, KY BOYLE 2022 $420,680 $538,650 $651,050 $809,150
    CINCINNATI, OH-KY-IN BRACKEN 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO BREATHITT 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO BRECKINRIDGE 2022 $420,680 $538,650 $651,050 $809,150
    LOUISVILLE/JEFFERSON COUNTY, KY-IN BULLITT 2022 $420,680 $538,650 $651,050 $809,150
    BOWLING GREEN, KY BUTLER 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO CALDWELL 2022 $420,680 $538,650 $651,050 $809,150
    MURRAY, KY CALLOWAY 2022 $420,680 $538,650 $651,050 $809,150
    CINCINNATI, OH-KY-IN CAMPBELL 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO CARLISLE 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO CARROLL 2022 $420,680 $538,650 $651,050 $809,150
    HUNTINGTON-ASHLAND, WV-KY-OH CARTER 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO CASEY 2022 $420,680 $538,650 $651,050 $809,150
    CLARKSVILLE, TN-KY CHRISTIAN 2022 $420,680 $538,650 $651,050 $809,150
    LEXINGTON-FAYETTE, KY CLARK 2022 $420,680 $538,650 $651,050 $809,150
    LONDON, KY CLAY 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO CLINTON 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO CRITTENDEN 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO CUMBERLAND 2022 $420,680 $538,650 $651,050 $809,150
    OWENSBORO, KY DAVIESS 2022 $420,680 $538,650 $651,050 $809,150
    BOWLING GREEN, KY EDMONSON 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO ELLIOTT 2022 $420,680 $538,650 $651,050 $809,150
    RICHMOND-BEREA, KY ESTILL 2022 $420,680 $538,650 $651,050 $809,150
    LEXINGTON-FAYETTE, KY FAYETTE 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO FLEMING 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO FLOYD 2022 $420,680 $538,650 $651,050 $809,150
    FRANKFORT, KY FRANKLIN 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO FULTON 2022 $420,680 $538,650 $651,050 $809,150
    CINCINNATI, OH-KY-IN GALLATIN 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO GARRARD 2022 $420,680 $538,650 $651,050 $809,150
    CINCINNATI, OH-KY-IN GRANT 2022 $420,680 $538,650 $651,050 $809,150
    MAYFIELD, KY GRAVES 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO GRAYSON 2022 $420,680 $538,650 $651,050 $809,150
    CAMPBELLSVILLE, KY GREEN 2022 $420,680 $538,650 $651,050 $809,150
    HUNTINGTON-ASHLAND, WV-KY-OH GREENUP 2022 $420,680 $538,650 $651,050 $809,150
    OWENSBORO, KY HANCOCK 2022 $420,680 $538,650 $651,050 $809,150
    ELIZABETHTOWN-FORT KNOX, KY HARDIN 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO HARLAN 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO HARRISON 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO HART 2022 $420,680 $538,650 $651,050 $809,150
    EVANSVILLE, IN-KY HENDERSON 2022 $420,680 $538,650 $651,050 $809,150
    LOUISVILLE/JEFFERSON COUNTY, KY-IN HENRY 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO HICKMAN 2022 $420,680 $538,650 $651,050 $809,150
    MADISONVILLE, KY HOPKINS 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO JACKSON 2022 $420,680 $538,650 $651,050 $809,150
    LOUISVILLE/JEFFERSON COUNTY, KY-IN JEFFERSON 2022 $420,680 $538,650 $651,050 $809,150
    LEXINGTON-FAYETTE, KY JESSAMINE 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO JOHNSON 2022 $420,680 $538,650 $651,050 $809,150
    CINCINNATI, OH-KY-IN KENTON 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO KNOTT 2022 $420,680 $538,650 $651,050 $809,150
    LONDON, KY KNOX 2022 $420,680 $538,650 $651,050 $809,150
    ELIZABETHTOWN-FORT KNOX, KY LARUE 2022 $420,680 $538,650 $651,050 $809,150
    LONDON, KY LAUREL 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO LAWRENCE 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO LEE 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO LESLIE 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO LETCHER 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO LEWIS 2022 $420,680 $538,650 $651,050 $809,150
    DANVILLE, KY LINCOLN 2022 $420,680 $538,650 $651,050 $809,150
    PADUCAH, KY-IL LIVINGSTON 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO LOGAN 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO LYON 2022 $420,680 $538,650 $651,050 $809,150
    PADUCAH, KY-IL MCCRACKEN 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO MCCREARY 2022 $420,680 $538,650 $651,050 $809,150
    OWENSBORO, KY MCLEAN 2022 $420,680 $538,650 $651,050 $809,150
    RICHMOND-BEREA, KY MADISON 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO MAGOFFIN 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO MARION 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO MARSHALL 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO MARTIN 2022 $420,680 $538,650 $651,050 $809,150
    MAYSVILLE, KY MASON 2022 $420,680 $538,650 $651,050 $809,150
    ELIZABETHTOWN-FORT KNOX, KY MEADE 2022 $420,680 $538,650 $651,050 $809,150
    MOUNT STERLING, KY MENIFEE 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO MERCER 2022 $420,680 $538,650 $651,050 $809,150
    GLASGOW, KY METCALFE 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO MONROE 2022 $420,680 $538,650 $651,050 $809,150
    MOUNT STERLING, KY MONTGOMERY 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO MORGAN 2022 $420,680 $538,650 $651,050 $809,150
    CENTRAL CITY, KY MUHLENBERG 2022 $420,680 $538,650 $651,050 $809,150
    BARDSTOWN, KY NELSON 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO NICHOLAS 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO OHIO 2022 $420,680 $538,650 $651,050 $809,150
    LOUISVILLE/JEFFERSON COUNTY, KY-IN OLDHAM 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO OWEN 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO OWSLEY 2022 $420,680 $538,650 $651,050 $809,150
    CINCINNATI, OH-KY-IN PENDLETON 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO PERRY 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO PIKE 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO POWELL 2022 $420,680 $538,650 $651,050 $809,150
    SOMERSET, KY PULASKI 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO ROBERTSON 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO ROCKCASTLE 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO ROWAN 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO RUSSELL 2022 $420,680 $538,650 $651,050 $809,150
    LEXINGTON-FAYETTE, KY SCOTT 2022 $420,680 $538,650 $651,050 $809,150
    LOUISVILLE/JEFFERSON COUNTY, KY-IN SHELBY 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO SIMPSON 2022 $420,680 $538,650 $651,050 $809,150
    LOUISVILLE/JEFFERSON COUNTY, KY-IN SPENCER 2022 $420,680 $538,650 $651,050 $809,150
    CAMPBELLSVILLE, KY TAYLOR 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO TODD 2022 $420,680 $538,650 $651,050 $809,150
    CLARKSVILLE, TN-KY TRIGG 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO TRIMBLE 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO UNION 2022 $420,680 $538,650 $651,050 $809,150
    BOWLING GREEN, KY WARREN 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO WASHINGTON 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO WAYNE 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO WEBSTER 2022 $420,680 $538,650 $651,050 $809,150
    LONDON, KY WHITLEY 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO WOLFE 2022 $420,680 $538,650 $651,050 $809,150
    LEXINGTON-FAYETTE, KY WOODFORD 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO ADAIR 2023 $472,030 $604,400 $730,525 $907,900
    BOWLING GREEN, KY ALLEN 2023 $472,030 $604,400 $730,525 $907,900
    FRANKFORT, KY ANDERSON 2023 $472,030 $604,400 $730,525 $907,900
    PADUCAH, KY-IL BALLARD 2023 $472,030 $604,400 $730,525 $907,900
    GLASGOW, KY BARREN 2023 $472,030 $604,400 $730,525 $907,900
    MOUNT STERLING, KY BATH 2023 $472,030 $604,400 $730,525 $907,900
    MIDDLESBOROUGH, KY BELL 2023 $472,030 $604,400 $730,525 $907,900
    CINCINNATI, OH-KY-IN BOONE 2023 $472,030 $604,400 $730,525 $907,900
    LEXINGTON-FAYETTE, KY BOURBON 2023 $472,030 $604,400 $730,525 $907,900
    HUNTINGTON-ASHLAND, WV-KY-OH BOYD 2023 $472,030 $604,400 $730,525 $907,900
    DANVILLE, KY BOYLE 2023 $472,030 $604,400 $730,525 $907,900
    CINCINNATI, OH-KY-IN BRACKEN 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO BREATHITT 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO BRECKINRIDGE 2023 $472,030 $604,400 $730,525 $907,900
    LOUISVILLE/JEFFERSON COUNTY, KY-IN BULLITT 2023 $472,030 $604,400 $730,525 $907,900
    BOWLING GREEN, KY BUTLER 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO CALDWELL 2023 $472,030 $604,400 $730,525 $907,900
    MURRAY, KY CALLOWAY 2023 $472,030 $604,400 $730,525 $907,900
    CINCINNATI, OH-KY-IN CAMPBELL 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO CARLISLE 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO CARROLL 2023 $472,030 $604,400 $730,525 $907,900
    HUNTINGTON-ASHLAND, WV-KY-OH CARTER 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO CASEY 2023 $472,030 $604,400 $730,525 $907,900
    CLARKSVILLE, TN-KY CHRISTIAN 2023 $472,030 $604,400 $730,525 $907,900
    LEXINGTON-FAYETTE, KY CLARK 2023 $472,030 $604,400 $730,525 $907,900
    LONDON, KY CLAY 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO CLINTON 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO CRITTENDEN 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO CUMBERLAND 2023 $472,030 $604,400 $730,525 $907,900
    OWENSBORO, KY DAVIESS 2023 $472,030 $604,400 $730,525 $907,900
    BOWLING GREEN, KY EDMONSON 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO ELLIOTT 2023 $472,030 $604,400 $730,525 $907,900
    RICHMOND-BEREA, KY ESTILL 2023 $472,030 $604,400 $730,525 $907,900
    LEXINGTON-FAYETTE, KY FAYETTE 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO FLEMING 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO FLOYD 2023 $472,030 $604,400 $730,525 $907,900
    FRANKFORT, KY FRANKLIN 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO FULTON 2023 $472,030 $604,400 $730,525 $907,900
    CINCINNATI, OH-KY-IN GALLATIN 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO GARRARD 2023 $472,030 $604,400 $730,525 $907,900
    CINCINNATI, OH-KY-IN GRANT 2023 $472,030 $604,400 $730,525 $907,900
    MAYFIELD, KY GRAVES 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO GRAYSON 2023 $472,030 $604,400 $730,525 $907,900
    CAMPBELLSVILLE, KY GREEN 2023 $472,030 $604,400 $730,525 $907,900
    HUNTINGTON-ASHLAND, WV-KY-OH GREENUP 2023 $472,030 $604,400 $730,525 $907,900
    OWENSBORO, KY HANCOCK 2023 $472,030 $604,400 $730,525 $907,900
    ELIZABETHTOWN-FORT KNOX, KY HARDIN 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO HARLAN 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO HARRISON 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO HART 2023 $472,030 $604,400 $730,525 $907,900
    EVANSVILLE, IN-KY HENDERSON 2023 $472,030 $604,400 $730,525 $907,900
    LOUISVILLE/JEFFERSON COUNTY, KY-IN HENRY 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO HICKMAN 2023 $472,030 $604,400 $730,525 $907,900
    MADISONVILLE, KY HOPKINS 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO JACKSON 2023 $472,030 $604,400 $730,525 $907,900
    LOUISVILLE/JEFFERSON COUNTY, KY-IN JEFFERSON 2023 $472,030 $604,400 $730,525 $907,900
    LEXINGTON-FAYETTE, KY JESSAMINE 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO JOHNSON 2023 $472,030 $604,400 $730,525 $907,900
    CINCINNATI, OH-KY-IN KENTON 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO KNOTT 2023 $472,030 $604,400 $730,525 $907,900
    LONDON, KY KNOX 2023 $472,030 $604,400 $730,525 $907,900
    ELIZABETHTOWN-FORT KNOX, KY LARUE 2023 $472,030 $604,400 $730,525 $907,900
    LONDON, KY LAUREL 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO LAWRENCE 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO LEE 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO LESLIE 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO LETCHER 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO LEWIS 2023 $472,030 $604,400 $730,525 $907,900
    DANVILLE, KY LINCOLN 2023 $472,030 $604,400 $730,525 $907,900
    PADUCAH, KY-IL LIVINGSTON 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO LOGAN 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO LYON 2023 $472,030 $604,400 $730,525 $907,900
    PADUCAH, KY-IL MCCRACKEN 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO MCCREARY 2023 $472,030 $604,400 $730,525 $907,900
    OWENSBORO, KY MCLEAN 2023 $472,030 $604,400 $730,525 $907,900
    RICHMOND-BEREA, KY MADISON 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO MAGOFFIN 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO MARION 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO MARSHALL 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO MARTIN 2023 $472,030 $604,400 $730,525 $907,900
    MAYSVILLE, KY MASON 2023 $472,030 $604,400 $730,525 $907,900
    ELIZABETHTOWN-FORT KNOX, KY MEADE 2023 $472,030 $604,400 $730,525 $907,900
    MOUNT STERLING, KY MENIFEE 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO MERCER 2023 $472,030 $604,400 $730,525 $907,900
    GLASGOW, KY METCALFE 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO MONROE 2023 $472,030 $604,400 $730,525 $907,900
    MOUNT STERLING, KY MONTGOMERY 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO MORGAN 2023 $472,030 $604,400 $730,525 $907,900
    CENTRAL CITY, KY MUHLENBERG 2023 $472,030 $604,400 $730,525 $907,900
    BARDSTOWN, KY NELSON 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO NICHOLAS 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO OHIO 2023 $472,030 $604,400 $730,525 $907,900
    LOUISVILLE/JEFFERSON COUNTY, KY-IN OLDHAM 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO OWEN 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO OWSLEY 2023 $472,030 $604,400 $730,525 $907,900
    CINCINNATI, OH-KY-IN PENDLETON 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO PERRY 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO PIKE 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO POWELL 2023 $472,030 $604,400 $730,525 $907,900
    SOMERSET, KY PULASKI 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO ROBERTSON 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO ROCKCASTLE 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO ROWAN 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO RUSSELL 2023 $472,030 $604,400 $730,525 $907,900
    LEXINGTON-FAYETTE, KY SCOTT 2023 $472,030 $604,400 $730,525 $907,900
    LOUISVILLE/JEFFERSON COUNTY, KY-IN SHELBY 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO SIMPSON 2023 $472,030 $604,400 $730,525 $907,900
    LOUISVILLE/JEFFERSON COUNTY, KY-IN SPENCER 2023 $472,030 $604,400 $730,525 $907,900
    CAMPBELLSVILLE, KY TAYLOR 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO TODD 2023 $472,030 $604,400 $730,525 $907,900
    CLARKSVILLE, TN-KY TRIGG 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO TRIMBLE 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO UNION 2023 $472,030 $604,400 $730,525 $907,900
    BOWLING GREEN, KY WARREN 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO WASHINGTON 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO WAYNE 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO WEBSTER 2023 $472,030 $604,400 $730,525 $907,900
    LONDON, KY WHITLEY 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO WOLFE 2023 $472,030 $604,400 $730,525 $907,900
    LEXINGTON-FAYETTE, KY WOODFORD 2023 $472,030 $604,400 $730,525 $907,900

    FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).