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 [...]
Entries Tagged as 'News'
Could Down Payment Assistance Be Back For FHA Mortgage Loans?
January 20th, 2009 · 1 Comment · Down Payment Assistance
Welcome Back FHA
May 21st, 2008 · No Comments · FHA Mortgage Loans
The federally insured mortgage program provided by HUD normally referred to as FHA has been around for a long time. When I first got into the mortgage business FHA was by and far the number one mortgage program. At the time there were no stated income programs, no option ARM programs, there was no 100% [...]