fha financing: HUD discontinues Incentives - 02/04/10 09:41 AM
Effective FEb 12, 2010 any properties listed and/or sold with FHA financing as of this date are no longer eligible for the $100 downpayment incentive.
The sales allowance of $2500 for owner occupant purchasers will also be discontinued as of Feb 12, 2010 for all new contracts accepted on or after this date.
The $500 broker bonus for owne occupant purchasers who took advantage of the $2500 sales allowance is also discontinued as of Feb 12, 2010
 
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