Nehemiah and Ameridream Up Date

Down payment assistance programs (Nehemiah and Ameridream) have won a court battle with HUD and remain viable programs.  These programs used with FHA financing offer 100% financing and today's rate for FHA is 5.5%.  Also, the buyer does not have to be a first time home buyer.  The guidelines only require that the borrower does not currently have another FHA loan.  These are still great tools

Ameridream Web Site: 

http://www.ameridream.org/Homebuyers/

Family Housing Resources - Pima County Arizona. Downpayment assistance for first time and low income home buyers.

http://www.familyhousingresources.com/

For information on these programs please contact me:

Rich Lecinski

Long Realty Company

Oro Valley - Tucson Arizona

520-834-4663

http://rlecinski.longrealty.com

www.arizonareatliving.com

Real Estate services Sothern Arizona

 

Name:Richard Lecinski
Company:Long Realty Company

Email:Contact Richard Lecinski
Website URL:

http://www.arizonagreatliving.com/

http://rlecinski.longrealty.com


Office Phone:(520) 918-4837
Cell Phone:(520) 834-4663
Alt. Phone:(520) 918-4800
Fax Number:(520) 296-5664
Address:6410 E Tanque Verde , Tucson, Az, 85715
Description:Real estate services in the Oro Valley, Greater Tucson, Vail and Marana areas. I work with a team and we can cover much of Southern Arizona including Rio Rico and Nogales. Questions? Please call.
 

6 Comments on Nehemiah and Ameridream Up Date

It's good to hear that those programs will still be around for buyers.

03/19/2008 02:25 PM by Joshua McKnight (Keller Williams Real Estate)

Good news.  Thanks for sharing.

Linda Lipscomb, Selling Homes in Lexington Tn   www.lindalipscomb.com

03/19/2008 02:26 PM by Linda Lipscomb RE/MAX Lexington Henderson County TN

Rich,  These programs were popular in Northern Virginia several years ago, but are not used much anymore,  Karen

03/20/2008 09:48 AM by Karen Kruschka (RE/MAX Allegiance)

Karen,

Each client has different needs so its important to know how best to serve them

Thanks and hope all is well.

Rich

03/20/2008 09:59 AM by Richard Lecinski (Long Realty Company)

Save Ameridream program
If you haven't done so, go to this website, http://www.rallyforhomeownership.org/

It only takes 30 seconds.  This form will go to your local Congressmen and Senators.
CONGRESS MEETS ABOUT THIS TODAY! 

HUD should modify to lessen the risk BUT don't get rid of it.  This is one of the last programs out there right now that can get buyers into a home with no money.  (They still have to credit and income qualify)

http://activerain.com/blogsview/605114/Down-Payment-Assistance-Congress

07/23/2008 01:27 AM by Maryland homes for sale, Montgomery County MD real estate

Thank you, we all must act and act now.

Rich

Long Realty

07/23/2008 11:51 AM by Richard Lecinski (Long Realty Company)

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Real Estate Sales Person: Richard Lecinski (Long Realty Company)
Richard Lecinski
Oro Valley, AZ
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Long Realty Company

Office Phone: (520) 918-4837
Cell Phone: (520) 834-4663
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Oro Valley - Tucson Real Estate services Long Realty Company

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