fha loans and down payment assistance dpa programs: FHA Loans combined with Down Payment Assistance Programs $0 from borrower - 06/13/08 01:46 AM
In recent years, FHA loans have accounted for about 2% of all mortgages, as there had been so many other options for people with less than perfect credit.  The market for mortgages has changed significantly, these "other" options are no longer avaialble, FHA loans are coming back strong, and it's important to understand how FHA loans can benefit buyers and sellers.
FHA loans are not only for people with less than perfect credit.  FHA loans can offer very competitive rates, sometimes equal to or better than conforming ("A-Paper) loans, and they work with Down Payment Assistance (DPA) programs, which allow a borrower to become a homeowner with $0 out … (1 comments)

 

Bryan Kelly

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