Author
Message
bret75
Joined: 01 Aug 2008
Posts: 1
1.75 Dollars($)
Posted: Sat Aug 02, 2008 7:00 am Post subject: Does the Home Rescue Bill have any assistance for a 2nd home
Does the "Home rescue Bill" have any assistance for a 2nd home?
kpatrick
Joined: 29 Oct 2007
Posts: 156 Location: Atlanta, Georgia
40.89 Dollars($)
Posted: Sun Aug 03, 2008 8:35 am Post subject:
Hi Bret,
The new bill is built around the FHA loan program, and fha only insures primary residences, so I doubt that they will allow you to refi a second home.
Kim _________________ For more information on credit repair, please visit my blog, http://creditrepair4u.wordpress.com , or my site, http://freecreditreportnow.org .
(770) 886-3140
brian1
Community Experts Joined: 14 Jun 2008
Posts: 360 Location: Northern California
0.53 Dollars($)
Posted: Sun Aug 03, 2008 5:33 pm Post subject:
No primary only _________________ Licensed Broker 50 states
http://www.aimwithfocus.com
Need quick advise email or PM Glad to help
firstloan19
Joined: 11 Aug 2008
Posts: 5 Location: pennsylvania
2.36 Dollars($)
Posted: Mon Aug 11, 2008 9:00 pm Post subject: Does the Home Rescue Bill have any assistance for a 2nd home
just the first home. Have you tried getting refinanced. _________________bad credit home mortgage loans
sara
Moderator Joined: 05 Jul 2006
Posts: 1679 Location: New Brunswick, New Jersey
315.11 Dollars($)
Posted: Tue Aug 12, 2008 5:12 am Post subject: RE: new housing bill for 2nd home
Hi Bret,
Welcome to the forums.
The New Housing Bill does not speak of assistance for second homes actually. It concerns mortgages on primary homes . Know more about the New Housing Bill .
Take Care
jmiller
Joined: 04 Sep 2008
Posts: 13
5.75 Dollars($)
Posted: Thu Sep 04, 2008 10:39 pm Post subject:
No this program is only available for your Primary Residence.
I am very mortgage savvy....
I am a Mortgage Professional, and I do stand by everything I post
Wholesale Financial
Jamila Miller - Mortgage Coordinator
[Promotional text deleted as per forum rules. Thanks.]