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.99 Percent Is No Longer Available
Wait, How Does This Program Work Again?
That's Not All, Folks
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.99 Percent Is No Longer Available  

KY Home Performance returns to its regular incentives

 

Let's not beat around the bush with this announcement:  You should no longer offer loans to your KHP customers at the promotional rate of .99 percent. 

 

We know that our KHP contractors know a good deal when they see one, and the KHP team is grateful for the enthusiasm and professionalism with which our partners executed these deals. Many of you reported that the model of offering low monthly payment, high-credibility/no-gimmick loans is one that you're going to stick with...and we're glad to hear it!

 

Several contractors who had never before looked beyond the industry standard, credit card-type financing products found KHP through the specialty rate and were pleased. We want to make sure you know you can still offer great rates for your budget-focused customers so they can attain cutting-edge equipment and whole-home upgrades. All with a predictable low monthly payment from a highly-credible source.

 

KHP terms will continue to mesh smoothly with your existing presentations, and the KHP team is still here for you to make sure you get through the process easily. New options for financing are in the works, so stay tuned!

 

KHP is proud to be part of a solid core of home performance contractors who will continue to make attractive financing and a whole-house perspective a key part of their success.     

Wait, How Does This Program Work Again?

A memory-jogging primer to post-promotion KHP

 

Things will be getting back to normal now for KHP contractors, meaning unsecured interest rates of 3.99 percent, 6.99 percent, and 9.99 percent for terms of either 5 or 10 years and the PowerSaver secured for up to 15 years. Here are some quick profiles of common job types:

  • 3.99 percent -- Geothermal or whole-house project for a term of 5 years.
  • 6.99 percent -- Geothermal or whole-house project for a term of 10 years.
  • 9.99 percent -- Single-measure project for a term of 10 years.
  • 6.99 percent -- PowerSaver secured mortgage for a term of 15 years.

While geothermal projects are fairly self-explanatory, whole-house projects will include the more comprehensive software package that has been on hold since the launch of the promotion. Single-measure jobs will still be able to use the condensed Compass tool that many of you have become so adept at utilizing. Document requirements are unchanged.

 

Watch for a new financing offer very soon that we're very excited to announce! If you have any questions, please contact Matt Fiscus or Ken Slattery toll-free in Kentucky at 800-633-8896 or 502-564-7630, extensions 474 or 258, respectively; TTY 711; or email [email protected] or [email protected], respectively.  

KHC is a Tobacco-Free Campus

Governor Steven L. Beshear issued an executive order for all executive branch state buildings and properties to be free of all tobacco products and e-cigarettes effective Thursday, November 20, 2014. As a quasi-governmental agency, administratively attached to the Finance Cabinet KHC has followed the governor's initiative to become a tobacco-free campus.  

 

If you or your staff attend meetings at KHC, please be mindful that use of all tobacco products is prohibited on KHC property.  

 

Additional information regarding the governor's tobacco-free initiative is available at https://tobacco-free.ky.gov/.

DO NOT REPLY-This is an unmonitored email address.

 

Kentucky Housing Corporation prohibits discrimination on the basis of race; color; religion; sex; national origin; sexual orientation or gender identity; ancestry; age; disability; or marital, familial, or veteran status. 

 

To change your eGram preferences or sign up for an eGram list, please visit KHC's website and click on the eGram icon under Quick Links.  

 

If you have a question about your KY Home Performance eGram subscription, please contact Matt Fiscus toll-free in Kentucky at 800-633-8896 or 502-564-7630, extension 474; TTY 711; or email [email protected].