Word came today that $4.6 mil of the $5 mil allocated toward the $14K down payment assistance program has been reserved. Check the blog below for updates on available down payment assistance programs.
REALTORÂ® / HUD - Certified Affordable Housing Counselor - Keller Williams Realty Atlanta Partners
Sally W. Hamby
Pine State Mortgage
The $14,000 is basically a second loan that is foregiven if you remain in the property for a certain length of time I believe. Not too many people are doing these loans so if you want definitive info, let me know and I have a lender who can fill you in on the details and requirements first hand.
REMAX Greater Atlanta
email direct to firstname.lastname@example.org
You really need to consult your local mortage broker or FHA specialist as soon as possible. There are some exciting new developments with the $8,000 Tax Credit that may be available in your state.
ReMax ACR Elite Group, Inc
727. 420. 4041