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I need help

By
Real Estate Agent with AVALAR Pro Realty
Got a client I have been working with for the last few months. So of course I am ready to get this deal closed. Here is the situation. FHA single family in MS goes up to  200,100 or something like that. Here is my question at that price can you use the Ameridream Downpayment assistance program? Plus does anyone about them getting rid of these programs? Thanks so much guys for your help.
Rob Robinson- Lehigh Valley PA
Bertrum Settlements (Title & Abstract) - Allentown, PA

Jeff....any help here?

http://activerain.com/jeffmortgageman

Michelle.... this is a great source.

 

Jul 08, 2007 02:39 PM
Kathy Howe
how2educate LLC / how2arizona real estate - Sedona, AZ

Michelle,

Contact this man: Patrick@PatrickRitchie.com  website:  http://TheCreditRoadMap.com He has most all answers.

Kathy Howe 

Jul 08, 2007 03:17 PM
William Johnson
Retired - La Jolla, CA
Retired
I think those two prior recommendations will have you well fixed. There is a bill in Congress to increase our area loan limit to $417,000. Sure hope it passes. FHA in Southern Calif has all but disappeared since the sub prime lenders came up with their programs from about 2001 too currently 2007. It would be nice to have FHA as a resource back in full swing here in Southern California. Currently those limits are too low for most properties here.
Jul 08, 2007 03:24 PM
Jeff Belonger
Social Media - Infinity Home Mortgage Company, Inc - Cherry Hill, NJ
The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans

Rob... thanks.

 

Kathy... I am confused. I read up on this guy Patrick and he talks about being an expert on credit and his business in regards to real estate finance teaching. But nothing about FHA and as an originator. Just curious....  

Michelle.... if you still need help, please call me or e-mail me at jbelonger@nationalfuturemortgage.com

                                                                                                           jeff belonger

Jul 08, 2007 03:39 PM
Rob Robinson- Lehigh Valley PA
Bertrum Settlements (Title & Abstract) - Allentown, PA

Michelle, Jeff would undoubtedly need more  info to help.  I suggest you call or email.

Good luck.

 

Rob

Jul 08, 2007 05:35 PM
Gary White~Grand Rapids Home Selling Pro Call: 616-821-9375
Flexit Realty "Flexible Home Selling Solutions" - Grand Rapids, MI
Real Estate Services You can Trust!
FHA has program outlines published, they also limit prepaids and expenses.  Ameridream programs have also recently changed.  Nice post.
Jul 09, 2007 02:52 PM
Michelle Way
AVALAR Pro Realty - Jackson, MS
ABR, GRI, WCR
Thanks all you guys for your help. FHA is still in full effect here and ameridream closed my loan no problem
Jul 13, 2007 04:30 PM
Rob Robinson- Lehigh Valley PA
Bertrum Settlements (Title & Abstract) - Allentown, PA

Congratulations.  Gotta love the AR members that just jump into a situation when someone asks for help.

 

Jul 14, 2007 06:02 AM