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Does the Home Rescue Bill have any assistance for a 2nd home

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Icon Mini Profile bret75





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Post Posted: Sat Aug 02, 2008 7:00 am    Post subject: Does the Home Rescue Bill have any assistance for a 2nd home
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Does the "Home rescue Bill" have any assistance for a 2nd home?
Icon Mini Profile kpatrick
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Post Posted: Sun Aug 03, 2008 8:35 am    Post subject:
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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

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Icon Mini Profile brian1
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Post Posted: Sun Aug 03, 2008 5:33 pm    Post subject:
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No primary only
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Icon Mini Profile firstloan19





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Post Posted: Mon Aug 11, 2008 9:00 pm    Post subject: Does the Home Rescue Bill have any assistance for a 2nd home
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just the first home. Have you tried getting refinanced.
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Icon Mini Profile sara
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Post Posted: Tue Aug 12, 2008 5:12 am    Post subject: RE: new housing bill for 2nd home
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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
Icon Mini Profile jmiller





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Post Posted: Thu Sep 04, 2008 10:39 pm    Post subject:
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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

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