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housing economic recovery act of 2008: Seller Funded DPA on FHA... Friday 8/29 is the last day to find a property! - 08/26/08 05:32 PM
As of today, we only have 2 investors left that we can still lock loan with that are getting the 3% downpayment paid for by the seller.  One of these investors says the loan must be locked by this Friday 8/29 & the other investors says it just must be registered (with a property address) by this Friday 8/29.
Any buyer that is already pre-approved needing to get their 3% FHA from the seller needs to act quickly or they will have to come up with the downpayment themselves or get it as a gift from someone.
The elimination of the DPA … (2 comments)

 
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Nathan Gaier, Northeast Indiana's Mortgage Team

Fort Wayne, IN

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Hallmark Home Mortgage

Office Phone: (260) 469-0917

Cell Phone: (260) 615-9676

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Mortgage, Real Estate, First Time Homebuyer, FHA, VA, Conventional, Industry Updates, short sale, forclosure, pre-forclosure, jumbo, MCC, Community Connections, Tax information


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