Kentucky FHA Loan Rates, Closing Costs & Stats

Kentucky

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 6.47% for the week of 2025-04-04, compared to the national average (all FHA variants) of 6.259% for the same period.

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

The average rate for the prior week (2025-03-28) was 6.46% and one month ago for the week of 2025-02-28, the average rate was 6.45%.

The average rate one year ago was 6.87%.

For refis of the same type during the week of 2025-04-04, the average rate was 6.13%.

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).