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first time homebuyers state housing finance agencies: More Help for First Time Homebuyers - 10/22/09 10:44 AM
The Federal government just announced a program to help State Housing Finance agencies (HFA's) finance mortgages for first time homebuyers. The fact is that because of the credit crunch, many State HFA's were unable to sell the tax exempt bonds that raise the capital required to enable the agencies to fund mortgages. If you have had any problems with your clients not able to get funding for their mortgage with the HFA, I would have them check back again. Detailed information on the State HFA programs can be found in my book as well as on my website, www.homesbuyersandmortgages.com.
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Jason Kotar

Fort Lauderdale, FL

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Kotar Associates

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