PROPOSEDPROPOSED BILLKentuckyMEDIUM IMPACT
Proposed Changes to Net Income Limits on Mortgages
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PROPOSED LEGISLATIONThis bill has been introduced but has NOT been signed into law. Legislative proposals may be amended, passed, or fail to advance. This is not current law.
This proposed bill would establish new limits on total net income for loans secured by a mortgage in Kentucky. Before this change, there were no specific net income limits set for such loans. The bill aims to protect borrowers from taking on more debt than they can afford based on their income. If passed, it will affect lenders and borrowers who are involved in mortgage transactions. However, the exact details of how these limits would be applied or enforced have not been specified yet.
Published April 8, 2026
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