Get $4,500 from the Kentucky Housing Corporation to buy your first house!  

For the first time since the recession hit, The Kentucky Housing Corporation, and the state government are offering a down payment assistance program for first-time home buyers who meet some basic qualifications!

This $4,500 second mortgage is available to cover your down payment or closing costs, to get you in your first place with no money out of your pocket.  

This government incentive program will only be available until November, 2009, so do not miss your opportunity to take advantage of Louisville’s incredible buyers’ market!  

Payments on this small loan are deferred until July, 2010, and the entire loan can be paid off with your $8,000 tax credit, with no pre-payment penalties or fees.  

So, where’s the catch? In order to qualify you must make less than $68K a year, and have a credit score of 620 or higher. Also, the purchase price of the home you’re buying must be less than $258,000. These basic qualifications ensure that The Kentucky Housing Corporation is helping first-time home buyers who really need it!  

Remember, in addition to the $4,500 loan from The Kentucky Housing Corporation, you’re also eligible for an $8,000 tax credit. With all of this money available, and interest rates below 5%, there has truly never been a better time to buy your first place!  

Call The Fairman Group today at 502-649-0644, for more information about this and other down payment assistance programs, and to start your home search!

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