|
|
| |
assistance: Sell More Homes with Government Loans--Why FHA is a great Alternative in today's Market: Upcoming Clock-Hour Class (3 Hrs.) for Puget Sound Realtors
- 10/01/08 09:26 AM
Why are FHA Loans back in business after so many years of being on the back burner?
Bottom Line: It's one of the most flexible mortgage loan programs still standing amongst the smoke of the Mortgage/Banking/Financial Meltdown.
Besides 3 hours of state approved continuing education, from this Clock-Hour Class you will glean the following nuggets:
Life after Down Payment Assistance: Is it 3% or 3.5% minimum down payment? Is there down payment assistance still available?
22 Ways that Buyers can get their funds to close on a FHA loan
Seller contributions to closing costs: 3% or 6% maximum?
… (2 comments)
|
assistance: Reprieve on Down Payment Assistance? HUD Reportedly Supports Compromise Bill
- 09/10/08 06:40 AM
Let's not be too quick to schedule the funeral for Down Payment Assistance (DPA) programs such as Nehemiah yet.
HR 6694, the last-ditch effort to resurrect DPA programs before the October 1st deadline after which these programs will no longer be allowed by FHA, appears to have the support of HUD according to Rep. Barney Frank, D-Mass.
This piece of legislation is a compromise between HUD's aversion for down payment assistance and its love for risk based pricing on upfront mortgage insurance. If passed by the House, which appears likely, and the Senate, which might be achievable, then changes could occur … (0 comments)
|
|
|
|
|
|
|
|
Why are FHA Loans back in business after so many years of being on the back burner?
;)
;)
