We Need Down Payment Assistance Programs!

Mortgage and Lending with Embrace Home Loans

First Time Homebuyers Can Make or Break the Market at This Point!

If you can find them and get them to act, inventory can be moved.  I specialize in First Time Homebuyers and the american dream.  Many people that I help buy their first home, have great jobs, stable income and outstanding credit but they cannot afford to save.  The rising cost of fuel, food and the drop in the value of the dollar has made it much more difficult for Americans to save for a down payment to buy a new home.  With Down Payment Assistance through Genesis, Neimiah, AmeriDream and the FHA loan program, good people can afford to buy their first home and some actually pay less than what they currently pay for rent (Market Driven).

Now HUD is trying to squash the program again (See Post:Call To Action: DPA), I don't think getting rid of Down Payment Assistance will help the over supply of homes that are currently available on the market today.  With these Down Payment Assistance programs we can do the exact opposit.  We can help move the inventory that is now at an affordable level for home owners.  First Time Home Buyers who are paying high rents can now afford home ownership even if they cannot come up with the necessary three percent down.  It is our job to inform people about this program.  I have a monthly online seminar that I put on for DPA so that Real Estate Professionals can find out about this great program if they don't already know about it.  It can be used with listings as well as for buyers.  If you are interested in finding out more, and how to sell it to your listings and use it with your buyers call 800-362-8712 EXT. 6055 right now.  We need this program to help Americans start to build real estate wealth, rather than renting!

To the Success of the greatest country in the World.

Happy Belated 4th to everyone!

Comments (1)

BJ Matson
The Choice Group - Olney, MD

Save Ameridream and other Down Payment Assistance programs
If you haven't done so, go to this website, http://www.rallyforhomeownership.org/

It only takes 30 seconds.  This form will go to your local Congressmen and Senators.

HUD should modify to lessen the risk BUT don't get rid of it.  This is one of the last loan programs out there right now that can get buyers into a home with no money.  (They still have to credit and income qualify)


Jul 22, 2008 06:57 PM