Stockton is the #3 KHC Delegated Lender by Volume

KHC 97% Conv.- No MI

  • Purchase price up to 243k
  • 680 credit score
  • No mortgage insurance
  • Can be used in conjunction with MCC credits
  • 3% down payment can come from KHC Down Payment Assistance funds
  • DTI up to 50%
  • Borrower can only own one home
  • Prior homeownership allowed


  • All KHC loans underwritten by SMC underwriters
  • DAP funds can be used with KHC first mortgage products
  • DTI up to 50%
  • Credit score down to 640
  • New GNMA product allows second time homeowners to purchase a home in all Kentucky counties with no money down
  • On secondary FHA/VA program the borrower can own more than one property
  • Reduced MI rates