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Old 08-28-2005, 07:08 AM   #11 (permalink)
profit2day
 
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Originally Posted by San Diego Real Estate
Very interesting...

Will this program work with any loan scenario???

What are the requirements?

1. As far as I know this program will work with any loan scenario but your lending partner can provide an answer with more certainty that I.

2. The only requirements for this program is obtaining financing. There are no income limits or anything like that but the process is a little different when the gift request exceeds 6% of the purchase price -- check out www.fhap.org for more information.
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Old 08-28-2005, 07:11 AM   #12 (permalink)
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Your loan terms are set by your lender. The futures program doesn't factor into the loan product type. Their purpose is to provide downpayment assistance only.
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Old 08-28-2005, 08:42 AM   #13 (permalink)
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Great information thanks for sharing!
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