HUD discontinues Incentives

By
Mortgage and Lending with Dollar Bank NMLS #728176

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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