Special offer

Down Payment Assistance Vote

By
Real Estate Broker/Owner with Sign Your Deed Realty

Did anyone hear if the deletion of DPA get approved through the house and the senate today?  I hope that it doesn't pass because the stats are in 94% of the FHA Nehemiah loans and other down payment assistance loans are still in GOOD standing!!!!! I think that President Bush is very passionate about people owning homes I think he would veto this bill!!!!!  I have been searching to see what the verdict was today..........let me know if you find out anything..........I am nervous about this program it would be very detrimental to our industry if they cancel these programs.......

Mike Russell
Mike Russell Real Estate Group - Overland Park, KS
Overland Park Kansas Real Estate

I agree 100%. We cannot afford to lose DPA.

Jul 23, 2008 02:27 PM
Ronald Gillis
Southwest Florida Notaries (Mortgage Notary Signing Agent) - Port Charlotte, FL
CNSA Southwest Florida. Notaries, Port Charlotte, 941-7-NOTARY

I haven't heard, I think there is a lot about this we don't know, and that worries me.  Hopefully we'll find out soon!!

Signature

Jul 30, 2008 01:17 PM
Jennifer Hillegas
Sign Your Deed Realty - Rome, GA
Every Seller Does It!

I guess by now all of you know that DPA expires October 1st.  It makes me want to cry!!!!!  Now the down payment for FHA is 3.5% it was raised!!!!

Aug 25, 2008 11:03 AM