Our Loan Programs
Let us help you find a dream loan for your dream home today!
502 Direct Loans
The 502 Direct loans are a perfect choice if you have good credit but low-income and provides payment assistance to increase your repayment
ability by reducing your mortgage payment for a short time.
502 Guarantee Loans
The 502 Guarantee program works well if you have a moderate-income and plan to build, rehabilitate, or improve your home.
504 Housing Repair Loans & Grants
If you have a very-low income and are in need of home repair, the 504 Housing Repair program provides loans to very-low-income homeowners the ability to repair, improve, or modernize your home and can also provide grants to elderly very-low-income homeowners to remove health and safety hazards.
We ensure your home payments are affordable with a loan that meets your needs and are committed to helping hardworking families achieve the dream of homeownership by offering conventional and USDA/Rural Development financing. Borrowers must meet income-eligibility, agree to occupy the home as their primary residence, be a US citizen, and have the capacity to repay the loan obligation.
We are experienced in working with various down-payment assistance programs. Our knowledgeable team will help you identify the appropriate programs to assist with your home purchase.
We also offer:
- No down-payment or upfront costs
- No Private Mortgage Insurance
- Alternative credit sources permitted
- Low interest rates
- Up to 38-year fixed term mortgages
Are You a Hometown Hero?
We are offering mortgage loan benefits to our local emergency and healthcare personnel as well as employees of educational institutions.
Benefits include:
- Up to $400 towards appraisal costs
- Free Credit pull for qualification
- Quarter percent rate reduction based on current pricing for loan
type
Contact Us
Lending:
(606) 729-0215
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General Inquiries:
(606) 864-5175
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President & CEO
606.729.1035
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Wayne County Residents:
(606) 278-2508
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Contractors & Subcontractors:
(606) 307-4753
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This institution is an equal opportunity provider and employer.
Hard of hearing, speech impaired or deaf users, please call the Kentucky Relay Service at 606.648.6056.