Special offer

No more down payment assistance with FHA financing

By
Real Estate Agent with RE/MAX Choice Properties

As of September 30th 2008, FHA will NO LONGER allow the seller to pay the buyers down payment through assistance programs like Ameridream. The minimum down payment will also increase from the current 3% to 3.5%. Expect more and more changes in the coming months!

Comments (8)

Joe Plante
Prudential Americana Group, Realtors, Dapper Development - Las Vegas, NV

Dennis - Great insight, Welcome to Activerain . Look around - there is a lot to do here and many new contacts to make . Joe

Aug 04, 2008 03:19 AM
Stefan Geyer
SOA Realty - Aurora, CO

Yeah, this pains me, and especially many of my clients.  Welcome to Active Rain!

Aug 04, 2008 04:22 AM
Kevin Wood,
Keller Williams Southern Arizona - Tucson, AZ
Tucson, AZ Realtor

Dennis,

Way to get the first one under your belt. I wish you the best of luck and look forward to reading your future blogs. This is an awesome place to learn and grow.

Aug 04, 2008 07:15 AM
Greg Steffens
Mountain Country Realty - Lake Arrowhead, CA

Hey Dennis - Welcome to Active Rain and congrats on your first post.  Be sure to spend some time looking around at what and how others are blogging here.  It is a great education and lots of fun.  Looks like you're off to a great start...keep it up!

Aug 04, 2008 07:26 AM
Keith Elliott Jr
KEIRE Realty Group - Manassas, VA
Principal Broker/Owner

Hello Dennis,

Welcome to Active Rain and congrats on your first post! The opportunities to learn and network are incredible here. Best of luck to ya!

-Keith

Aug 04, 2008 07:46 PM
P G
Charlottesville Solutions - Charlottesville, VA

I see that you are new to Active Rain and I just wanted to welcome you. I hope that you enjoy it as much as I do and that you find it a great resource.

Aug 06, 2008 03:52 AM
Starstate Realty
Starstate Realty - Austin, TX

Hi Dennis  -  Welcome to ActiveRain.  I look forward to networking with you and reading your future post.  Have a great day!!!

Dec 23, 2008 10:21 AM
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

   Hi, Dennis.

    We invite you back to ActiveRain.  Log back in, leave some comments, write a blog post!

Oct 15, 2017 05:26 PM