Loan programs
Conventional
3% down · 620+ FICO
Conventional loans
Fannie Mae and Freddie Mac loans up to the 2026 conforming limit of $806,500. HomeReady and Home Possible pricing for eligible first-time buyers, and PMI that drops automatically at 80% LTV.
Program highlights
01
- Loan limit
- $806,500 one-unit conforming, higher for 2–4 units
- Mortgage insurance
- Cancels automatically at 80% LTV — no refinance needed
- Occupancy
- Primary, second home, and investment property all eligible
- Gift funds
- Allowed for the full down payment on primary residences
Who this fits
02
- Buyers with a 620+ score who want the lowest long-run cost
- First-time buyers using HomeReady or Home Possible pricing
- Anyone who wants mortgage insurance that eventually goes away
How it closes
03
- 01
Credit and income review with a Kentucky loan officer
- 02
Full underwriting pre-approval, usually within one business day
- 03
Appraisal ordered through the in-house panel
- 04
Closing at a Forge Title table in your county
