Tucson Mortgage FHA Loans

Down Payment Assistance has been a big part of FHA Mortgage Loans for the last 10+ years for First Time Home Buyers. In October 2008 Congress eliminated the Down Payment Assistance Program eligibility for FHA Home Buyers.
Good News for First Time Home Buyers!
Rep. Al Green of AL will be introducing HR-600 on 1-21-09 to [...]

Down Payment Assistance for FHA Mortgage Loan Programs is being eliminated on October 1, 2008.  Many lenders who had accepted Down Payment Assistance for FHA buyers have stopped accepting applications on the product.
On July 30, 2008 the President signed into law the Housing and Economic Recovery Act of 2008.  This law will eliminate the dream [...]