Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Government Home Loans FHA/VA/USDA in Sarasota Florida

Government Home Loans FHA/VA/USDA in Sarasota Florida are still being used in most purchase transactions. I specialize in FHA, USDA, VA Loan products.
When it comes to less out of pocket expense at a rate that is competitive with other lenders such as the conventional types more people are choosing to go with the Govies; which are aka FHA, VA and USDA Loans. 
However lenders are not always willing to adopt into practice the new programs being passed down by HUD. Lets just say it would appear that this particular program isn't being accepted with open arm's on main street so far.
HUD recently launched a program aimed at helping people who are current on their mortgage loans; refinance to the lower prevailing rates being offered through FHA and VA Approved Lenders even if they are under water or up-side down on their mortgages due to reduced property values.
FHA Launched a Refinance Opportunity for Underwater Homeowners who are in good standing with their current Lenders. Not just FHA Loans but all type loans.
Here is how the program is designed:
The program states that if a responsible homeowner can get his or her current lender to WRITE OFF or FORGIVE a minimum of 10% of the current loan balance; ... more

__________________________________________________
Are you on The Rain? Grow Your Network!