Kentucky Homeownership Protection Center

Beginning Jan. 1, 2009, all mortgagees shall provide the "Notification to Homeowners of the Kentucky Homeownership Protection Center" document to all Kentucky residential borrowers as required by KRS 286.2-020. This shall be provided at the time of closing and together with the final signed loan documents — one copy to the borrower and one copy maintained in the lender’s files. This applies to all mortgage lenders, including banks, credit unions and consumer loan companies.

Mortgagees are encouraged to distribute the notification prior to Jan. 1, 2009.

The notification form is available in either Adobe Acrobat or Microsoft Word format:

Acrobat - Notification to Homeowners of the Kentucky Homeownership Protection Center [PDF 220KB]

Word - Notification to Homeowners of the Kentucky Homeownership Protection Center [DOC 47KB]

The notification document was prepared and approved by the Kentucky Housing Corporation, as stipulated in House Bill 552, adopted by the 2008 General Assembly. The legislation states in part: "At the time of closing and together with the final signed loan documents, if the Kentucky Homeownership Protection Center is operational as provided in Section 1 of this Act, a mortgagee shall provide to the homeowner any brochure, pamphlet, or other brief document prepared or approved by the Kentucky Housing Corporation that describes the services provided by the Kentucky Homeownership Protection Center."

The official Web site of the Kentucky Homeownership Protection Center is http://www.ProtectMyKYHome.org/ . Citizens can get foreclosure assistance through the Web site and toll free at 866-830-7868.

Department of Financial Institutions
1025 Capital Center Drive
Suite 200
Frankfort, KY 40601
Phone: 502-573-3390
Toll free: 800-223-2579
Fax: 502-573-0086
E-mail: kfi@ky.gov