Kentucky Housing

Northpointe Bank offers a program for buyers that are looking to purchase a home in Kentucky. Partnering with the Kentucky Housing Corporation, down payment assistance and a variety of loan programs are available for qualified homebuyers.

Regular down payment assistance program

Max loan amount up to $6,000
5.5% interest rate; payable over 10 years*

Affordable down payment assistance program

Max loan amount up to $6,000
1% interest rate; payable over 10 years**
Borrower must meet affordable down payment assistance program income limits

Features for all options:

Primary residence only
Minimum credit score of 620 for FHA, VA and Rural Development
Minimum credit score of 660 for conventional financing
Max debt-to-income ratio of 50%
Purchase price limit up to $327,334
Income limits apply

*Regular DAP has an interest rate of 5.500% and 5.682% APR, requires 120 monthly principal and interest payments of $65.12 with 0.00 points. **Affordable DAP has an interest rate of 1.000% and 1.168% APR, requires 120 monthly principal and interest payments of $52.56 with 0.00 points. Annual Percentage Rate (APR) and example payments are based on an owner-occupied single family residence with a credit score of 740. APR rates may very depending on individual credit history and transaction. Interest rates as of April 23, 2021 and subject to change without notice. APR is for illustrative purposes only and your interest rate may vary. This is not a commitment to lend. All loans are subject to credit review and approval.