Program guide
What to know before you click through
This is still the free fact layer. Open the official source when a detail affects eligibility, repayment, lender choice, or whether this path should stay on your shortlist.
Who qualifies?
Kentucky first-time homebuyers using an eligible KHC first mortgage, Kentucky repeat homebuyers using an eligible KHC first mortgage, Borrowers meeting the current Secondary Market or MRB income limits for the paired first mortgage, Homebuyers purchasing a principal residence in Kentucky through a KHC-approved lender
What support do you get?
Current KHC materials describe Regular DAP as down payment and closing-cost assistance up to $12,500, in $100 increments, with a minimum amount of $1,000 when paired with an eligible KHC first mortgage.
Do you repay it?
Current official materials describe Regular DAP as a repayable subordinate second mortgage with a 4.75% fixed rate and a 15-year amortized term. Public materials do not describe the program as forgivable or deferred, so the safest public reading is a repayable monthly-payment second mortgage that can be prepaid without penalty.
How do you apply?
Work with a KHC-approved lender, qualify first for an eligible KHC first mortgage such as Secondary Market or MRB, add Regular DAP for down payment and closing costs, and let the lender structure the second lien so it stays behind the first mortgage and any allowed local subordinate assistance.
Application timing
KHC lists Regular DAP funding as available first-come, first-served until current funds are used.
Official source evidence
Current KHC materials show Regular DAP remains live statewide as the standard down payment and closing-cost second mortgage layer, offering up to $12,500 at 4.75% over 15 years when paired with an eligible KHC first mortgage through a KHC-approved lender.
View official source
Last verified
2026-04-23
current DAP grid dated 2025-11-20; current homepage verified 2026-04-23
Paid preview
What paid access adds for Kentucky Housing Corporation (KHC) Regular Down Payment Assistance (DAP)
See the shape of the comparison output, risk checks, lender questions, and next-step checklist before you decide whether this program is worth carrying into the paid layer.
Example paid output for this program. The free page stays visible either way.
Comparison preview
Kentucky Housing Corporation (KHC) Regular Down Payment Assistance (DAP)
Amount: Current KHC materials describe Regular DAP as down payment and closing-cost assistance up to $12,500, in $100 increments, with a minimum amount of $1,000 when paired with an eligible KHC first mortgage.
Repayment: Current official materials describe Regular DAP as a repayable subordinate second mortgage with a 4.75% fixed rate and a 15-year amortized term. Public materials do not describe the program as forgivable or deferred, so the safest public reading is a repayable monthly-payment second mortgage that can be prepaid without penalty.
First-time buyer: Varies
Timing: KHC lists Regular DAP funding as available first-come, first-served until current funds are used.
Risk checks preview
What gets flagged before you call a lender
- Kentucky Housing Corporation (KHC) Regular Down Payment Assistance (DAP) requires a participating lender.
- Kentucky Housing Corporation (KHC) Regular Down Payment Assistance (DAP) must be paired with a specific first mortgage.
Lender questions preview
Questions tied to this exact path
- Is your team approved to originate Kentucky Housing Corporation (KHC) Regular Down Payment Assistance (DAP) for this household and loan setup?
- Which first-mortgage product must be paired with Kentucky Housing Corporation (KHC) Regular Down Payment Assistance (DAP), and what breaks eligibility?
Action checklist preview
What you would do next
- Review the official Down Payment Assistance page for Kentucky Housing Corporation (KHC) Regular Down Payment Assistance (DAP)
- Ask whether your lender is approved for this exact program and loan structure.
