Recieved today from HUD. Looks like it is business as usual for the time being. Check the website of your favorite DPA Program to verify they are still active.
This is to notify you that FHA is not permitted to implement the downpayment assistance rule at this time. Judge Friedman of the United States District Court for the District of Columbia issued a ruling enjoining HUD from implementing the downpayment assistance rule, which was to go into effect today. This injunction is
applicable to everyone affected by the Rule. HUD will provide further guidance as appropriate.
To read the downpayment assistance rule (enjoined) in its entirety and for more information please visit: http://hudclips.org/sub_nonhud/cgi/pdf/4846a.pdf
Licensed Mortgage Professional with 20+ years of experience in residential mortgages. Specializing in first time homebuyers, refinances, low/no money down payment purchases and Reverse Mortgages
Simplistic explanation of APR for Consumers.
Down Payment Assistance will still be available in OHIO after Oct 1, 2008
HOUSING AND ECONOMIC RECOVERY ACT OF 2008
New FHA Loan Limits for Ohio Counties (Effective 3/5/2008)
Forclosure Prevention Hotline Information www.995hope.com
Current OHFA 1st Time Buyers Program
Current OHFA 1st Time Buyers Program
Current OHFA 1st Time Buyers Program
HUD owned Homes available in Ohio with a $100.00 Down Payment
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