Version 3.5 of PowerLender went live on May 17, 2021. This version is compatible with Chrome, Firefox, etc. browsers and there is no need for JAVA plugins or various security portals to be open during use.
Kentucky Housing Corporation (KHC) uses PowerLender as its Loan Origination System (LOS). Effective with all new reservations, as of July 3, 2023, KHC fees are:
- KHC Administration Fee $200
- KHC Underwriting Fee $595 (TPO)
- KHC Compliance Review Fee $150 (Correspondent)