The FHA website states the 3.5% goes into effect January 2009, not October 1. I know the seller
funded downpayment assistance programs ended October 1st.
There has not been an inquiry on my credit by the lender for more than 30 days. - Sat Oct 18 2008, 11:39
i don't have the 5% down and plan on using the Nehemiah program. thanks for answering !! - Wed Jun 4 2008, 18:26
Thanks Irina and everyone else for the information !!! - Sun May 18 2008, 11:36
Thanks Shel-lee & Don !!!
I was told I'd need a co-signer even with FHA and using the Nehemiah program for a loan amt of 340k. - Sat May 17 2008, 16:25
Unfortunately, the homes that I've looked at in my budget all happened to be REO's or short sales. Are there any down payment assistance programs I could use? I saw an REO i'd love to make an offer on but without downpayment assistance, I'd be out of luck. - Fri May 2 2008, 19:43
MVPs or 'Most Valuable Players' are key Trulia Voices members who have been contributing high-quality content throughout 2008 and providing valuable advice to consumers and real estate professionals.