Kentucky Home Buying Guide
South Region · Non-Judicial Foreclosure State
Key Facts at a Glance
What Makes Kentucky Unique
Attorney required at closing
KHC offers 30-year fixed below-market rates
Very affordable statewide median prices
First-Time Buyer Programs in Kentucky
KHC Conventional Preferred Plus
Contact your state housing finance agency for current eligibility and rates
KHC Regular Down Payment
Contact your state housing finance agency for current eligibility and rates
Affordable DPA
Contact your state housing finance agency for current eligibility and rates
Program availability, income limits, and interest rates change frequently. Verify current terms with your lender or state housing finance agency.
Closing Costs in Kentucky
Attorney at Closing
Attorney Required at Closing
Kentucky requires a licensed real estate attorney to oversee the closing process. Budget $500–$1,500 for attorney fees.
Local Tips for Kentucky Buyers
Attorney title search is mandatory — budget $500–$900.
KHC DPA is a $6,000 second mortgage at 3.75%.
Homestead exemption applies to first $39,300 of assessed value.
Estimated Annual Ownership Cost in Kentucky
Based on the median home price of $200,000 with a 10% down payment and 7% mortgage rate.
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