what is the new program out for home owners

laxloans · Joined: 20 Jan 2008 Posts: 1 1.27 Dollars($)

what is the new goernment program for home owners

Guest 0.10 Dollars($)

Lax,

What new program are you referring to? and where do you stay? which state? let me know so that I can speak about such a program in details.

shane · Posted: Sun Jan 20, 2008 11:26 pm Post subject:

Are you referring to the $100 HUD repo program?

It's purchase-money loan offered in limited geographic areas to purchasers of a home owned by the Department of Housing and Urban Development. Buyers are only required to make a $100 downpayment and may be eligible for sales incentives provided by HUD.

I believe it's available in Alabama, Arkansas, Colorado, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Michigan, Minnesota, Mississippi, Montana, Nebraska, New Mexico, North Dakota, Ohio, North Carolina, South Carolina, South Dakota, Tennessee, Texas, Utah, Wisconsin, and Wyoming... and in Pennsylvania only eligible in the following counties: Bucks, Chester, Delaware, Montgomery and Philadelphia.

gmakerley · Posted: Mon Jan 21, 2008 9:09 am Post subject:

please provide a little information for us to respond to, laxloans. there have been many changes in the mortgage market of late, owing to the "meltdown" that began a year ago.

there are state programs that are new; fha has the new "secure" program, and this list goes on...

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