Special offer

OHIO - HUD BUYER AND BROKER INCENTIVES DISCONTINUED Effective 2/12/2010

By
Mortgage and Lending NMLS142066/250013

Please share this information with any Agent/Realtors in your office.   And buyers you are working with. 

Effective February 12,2010, any properties listed and/or sold with FHA financing as of this date are no longer eligible for the $100 down payment incentive.

The Sales Allowance of $2500 for owner occupant purchasers will also be discontinued as of February 12, 2010 for all new contracts accepted on or after this date.

The $500 broker bonus for owner occupant purchasers who took advantage of the $2500 sales allowance is also discontinued as of February 12, 2010.

NHMSI's announcements webpage http://www.nhmsi.com/announcements.html

Comments(1)

Jay-Paul Lowry
Riverside, CA

Tim - They did the same thing on CA HUD Home sales as well. Thanks for the update from Ohio!

 

JP

Feb 04, 2010 03:03 PM