Archive for July, 2008

FHA Bans Down Payment Assistance (Seller Funded) and raises Down Payment to 3.5%

Saturday, July 26th, 2008

After dodging the bullet a few times over the past few years, seller funded DPA is finally gone. This time it will take more than a court order to save Seller Funded Down Payment Assistance.  A new bill passed by the house and the senate and expected to be signed into law by the President, […]