For MISSISSIPPI- First-time Home Buyer's - MSHC Bond and DPA only 3% - 02/16/09 10:07 PM
FOR MISSISSIPPI ONLY:
The MS Home Corp Mortgage Revenue Bond (aka MS Bond Money) and the MS Home Corp DPA (Second Mortgage) programs have not adjusted to meet the new FHA 3.5% down payment requirement.  These (2) programs will remain at 3%.
This mean first-time homebuyers will need to provide the .5% difference.

Fairway Independent Mortgage Corp, "A MS and TN Licensed Mortgage Company" 224 West Commerce St, Hernando, MS 38632.  An Equal Housing Lender.
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USDA Rural Housing - FAIRWAY Still Closing Loans!! - 02/16/09 09:04 PM
As many of you are aware, there are many Lenders that have ceased originating and funding USDA Rural Housing loans until funds for the USDA program have been appropriated.
Fairway Mortgage has (2) Investors that will allow us to continue funding USDA loans regardless of the funds appropriation. 
If you have any questions or any clients that need assistance, please let know.

Fairway Independent Mortgage Corp, "A MS and TN Licensed Mortgage Company" 224 West Commerce St, Hernando, MS 38632.  An Equal Housing Lender.
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