Here is Governor Steve Beshear’s weekly address ‘About Kentucky’. The topic is the Kentucky Housing Corporation. Earlier this year Governor Beshear announced KHC would begin offering its lowest interest rates ever.
Earlier this year Governor Beshear announced KHC would begin offering its lowest interest rates ever.
A news release states:
KHC’s rate for government loans, (Federal Housing Administration, Veterans Administration and Rural Housing Service) are currently at 4.375 percent. Applicants with a 700 or better credit score who are not using KHC down payment assistance can receive a 4.125 percent rate. These are the lowest rates that KHC has ever offered, and they plan to help as many Kentuckians as possible achieve homeownership. KHC has a stated goal of helping 3,500 first-time homebuyers and second-time home buyers in targeted counties acquire homes in 2010.
To learn more about this and other options available to potential home buyers through KHC, contact KHC’s Homeownership Department toll-free in Kentucky at (800) 633-8896 or (502) 564-7630, extension 291, or TTY 711.
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