fha: Down Payment Assitance Programs - 08/05/08 01:46 AM
As everyone in the real estate world has seen here lately we are looking at alot more buzz from the recent rumors that Down Payment Assistance Programs (DPA) are going to be a thing of the past.
There are alot of good things going on from these programs.  Most of the people we find that are looking to buy just don't have that 3% to put down on a FHA loan.  Which is where these programs come in handy.  Although some say then they should hold of till they do.  If they do that then who knows where the house prices … (2 comments)

fha: FHA Loans - 10/09/07 03:28 AM
If you have little or no money for a down payment, iffy credit and too many bills, an FHA loan could be what you need to buy a house. The Federal Housing Administration, a part of the Department of Housing and Urban Development, was created 70 years ago to help first-time buyers, especially low-to-moderate income families and minorities, get the home financing they need. You can apply for an FHA-backed loan from most banks and mortgage companies. Just click here to find all of the FHA approved lenders in your area. Since the federal government guarantees repayment, the lender knows it … (1 comments)