Real estate blog entries tagged with down payment assistance program

Blog entries tagged with "down payment assistance program":

down payment assistance program: Nehemiah Down Payment Program: Take Action or we all lose - 08/06/08 04:46 PM

President Bush signed H.R. 3221 Housing and Economic Recovery Act of 2008 into law on July 30, 2008. Included in this bill was the elimination of downpayment assistance (DPA) programs. Borrowers who are credit approved prior to October 1, 2008 can receive downpayment assistance and have their loan FHA-insured.While … (3 comments)

down payment assistance program: Buyers, don't lose out!!! - 08/03/08 05:26 PM

As of October 2008, Congress has stopped FHA lenders from accepting gift funds from down-payment assistance programs (DPAP). What does this mean to buyers? It means losing an amount equal to 1 to 3% of the sales price of a home which you could have used towards your purchase. For a … (0 comments)

down payment assistance program: Congress' response to the elimination of Down Payment Assistance Programs. - 08/01/08 06:50 PM

To follow up on Gary Miljour's blog, I also received response from my congressman on the elimination of the down payment assistance programs. He also refers to FHA as sub-prime loans. I never knew this until I saw the two letters from our congressmen.
I guess he is pretty much … (1 comments)

down payment assistance program: State Of Florida & Orange County Offer Help For Home Buyers - 07/28/08 06:27 AM

Florida Housing's First Time Homebuyer Program
Florida Housing's First Time Homebuyer Program offers low fixed rate 30 year first mortgage programs for first time homebuyers (some exceptions exist) who meet income and purchase price limits for the county where they are purchasing a home. There are also down payment assistance programs … (0 comments)

down payment assistance program: Ameridream, Genesis and Nehemiah are gone...minimum cash requirement is up! - 07/24/08 09:08 AM

Below is the bill going to Bush's desk and is expected to be approved. This will eliminate seller funded DAPs, including Ameridream, Genesis and Nehemiah effective October 1, 2008. If the borrower is not under contract, FHA DE underwritten and approved by September 30, 2008, the DPA will not exist.
Also, the … (2 comments)

down payment assistance program: Home Buyer's Workshop - August 2, 2008 - 07/05/08 02:15 PM

HOME-BUYER'S WORKSHOP
A REVIEW OF CURRENT PRACTICES FOR
ANYONE BUYING A HOME

Long and Foster and Prosperity
Mortgage are presenting a Home-Buyer's Workshop on
August 2, 2008.

This event, geared towards people who have questions about buying a home, is FREE of charge and open to the public. … (0 comments)

down payment assistance program: Down Payment Assistance Programs - HUD Has the Blinders ON - 07/03/08 08:08 AM

As a Realtor®, I am out in the trenches every day, and see first-hand the huge number of foreclosures and the problems they have brought not to only the owners that have lost their homes, but to the owners that are diligently paying their mortgage every month. And then finally, a … (10 comments)

down payment assistance program: What verse was Nehemiah? - 06/10/08 05:25 PM

Can this be the same Nehemiah? Well let's see.
Guidelines for this Nehemiah: This is a grant program that provides gift funds for downpayment and closing costs to qualified homebuyers.
The seller contributes 6% to the Nehemiah Program. The program grants up to 3% for down payment and 3% for closing costs. … (11 comments)

down payment assistance program: Nehemiah Down Payment Assistance Program - 05/10/08 11:29 AM

Nehemiah will gift you up to 3% of the Purchase Prive for a down payment. The Seller must agree to participate in the program. Basically, the 3% is deposited by Nehemiah and it is deducted from the Sellers proceeds after the close of escrow.
Combine this with a new FHA loan and … (0 comments)

down payment assistance program: FHA-AS LOW AS 580 CREDIT SCORE BUYS YOU A HOME TODAY!! - 05/08/08 04:44 PM

GOT KEYS? FHA no longer requires a termite inspection. FHA is a Federal Housing Program, designed to help you qualify for a new home purchase with little or no down payment. Gift funds are acceptable for the 3% down payment required, or you can ask the Seller to participate in a … (2 comments)

down payment assistance program: The FHA Expert-Jeff Belonger-on Mesquite NV Talking Real Estate radio show with Chris Miller - 05/05/08 07:36 PM

Chris Miller hosts a weekly radio show in Mesquite NV on radiomesquite.com called Talking Real Estate. On Saturday May 3rd, Jeff Belonger - The FHA Expert - was in town - Well, his voice was, anyway! Along with some of his knowledge and expertise as a loan guy.
Talking Real Estate … (16 comments)

down payment assistance program: OPEN HOUSE, NW Gainesville Townhouse Sun 4/12/08 12-3 (C21 Open House month!) - 04/05/08 07:48 AM

Buyers: Please stop by to preview this wonderful Tiffany Townhouse. The location cannot be beat, with close proximity to UF and SFCC and on the bus route!
Agents: If you're showing condos/townhomes this weekend, I'd love for you to stop by with your customer to preview this unit!
There will be a … (1 comments)

down payment assistance program: FHA and the Nehemiah Down Payment Assistance Program! - 03/13/08 01:34 AM

Nehemiah Program
The Nehemiah Corporation is "a community development corporation specializing in homeownership, affordable housing and community development." The Nehemiah Program, founded in 1997, is the largest privately funded down payment assistance program (DPA) in the country and has helped a quarter of a million families buy homes.
Nehemiah provides gift funds for … (1 comments)

down payment assistance program: Nehemiah is Staying - 03/04/08 11:29 AM

We were just notified that Nehemiah will be staying, They have won their litigation against HUD. What does this mean for you? Simple, you can still get the Down Payment Assistance Program. If you click on the banner above, it will take you to the website.
We are excited of … (20 comments)

down payment assistance program: Buyer's Account Down Payment Assistance Program Helps Buyers and Sellers - 10/19/07 11:16 AM

I have come across an amazing program that gives the buyer the down payment they need to buy the home of their dreams. It does sound to good to be true but it is. A company called the Buyers Account LLC owned by my good friend Dave Hayes is a revolutionary … (0 comments)