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Compliance Income Calculator

County in which the borrower intends to purchase a home.
Fund Type*
Household Size
Household members (18 +) that earn income?
How many live in the home?




* The Special Funding program is New Construction Program for Single-Parents, Disabled and Elderly

For all MRB Special Funding Loans, spouses and all other adults (18-years old and older) who intend to live in the home and who are not co-applicants and will not be on the Note of Deed must disclose all sources of income including any alimony or child support which they may be receiving. The non-applicant's income must be documented by providing current income documentation. The income of the head of the household, spouse, co-head, other adults (18-years old and older) and income received on behalf of minors or by minors for their own support must be counted to ensure the household does not exceed the compliance income limitations.


DISCLAIMER
Although every precaution and test we could think of was used in the design of this program, KHC does not guarantee that it is 100% accurate all of the time in all situations. It is designed for your convenience in making a determination whether an applicant's income levels will qualify them for a loan under KHC's guidelines. Please understand that using this program only allows you to do calculations and does not constitute a commitment of financing for any specific loan amount.


 
 
For more information contact:
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Kentucky Housing Corporation
(502) 564-7630
(800) 633-8896 (KY only)

1231 Louisville Road, Frankfort, Kentucky 40601
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