Many DPA's Are Out Of Funds... - 08/21/09 03:06 PM
As your First Time Homebuyers face the dreaded Nov 30th $8,000 First Time Homebuyer Tax Credit cut-off date, and they are frantically out there shopping for homes, many of the down payment assistance programs are running out of funds.  You may have a preapproval letter in your hand from a lender, but if the source of down payment they were relying on isn't there anymore - you may be in for a rude surprise!
If your buyer is planning on using a DPA, it would be really smart to stay in contact with the lender to make sure that funding is still … (1 comments)

 

GLENN LEACH

Puyallup, WA

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Cobalt Mortgage

Address: Puyallup, WA, 98372

Office Phone: (253) 268-1089

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"Need help with your First Time Homebuyers or credit-challenged clients? Direct them to the website: www.CreditToTheWise.com. Filled with articles to help explain and take the mystery out of credit and the mortgage process, it offers real help and real answers."


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