Real estate blog entries tagged with dpa by David Ellis (Infinity Home Mortgage Company, Inc.)

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Home : Blogs : David Ellis : Dave's Loan Officer Newbie Blog : Tag "dpa"

dpa: Misconceptions = Missed Opportunities - 08/22/08 03:51 PM

Maybe you have heard the news, maybe you have not...Seller funded Down Payment Assistance is scheduled to "exit stage left"on October 1st of this year. Depending on your market, you may think this may not affect you. Guess again. This travesty will continue to effect the downward spiral in the housing market for several reasons, including reducing FHA loans by nearly 40% (approximately that many loans or 50,000 families per month), locking out families from homeownership & keeping them in the renting cycle.
As many real estate professionals will tell you, homeownership promotes social stability, financial independence, less crime, a sense of community … (0 comments)

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David Ellis

Ardmore, PA

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Infinity Home Mortgage Company, Inc.

Address: 660 N. Kings Hwy, Cherry Hill, NJ, 08034

Office Phone: (800) 587-2762 x 437

Cell Phone: (610) 803-3880

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