VHDA’s program lets borrowers use a second mortgage to finance up to 5% of the sales price (enough to cover FHA’s … FHA to Allow $8000 Tax Credit to be Used as Downpayment Update 5/29: HUD reversed course today on its initial plot….
Read more here:
VHDA Loans Allow Financing of Down Payment
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Tags: borrowers-use, downpayment, FHA, FHA Financing, HUD, reversed-course, sales, the-sales, today-on-its, used-as-downpayment, vhda
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It's not so easy to find 100% financing these days. Unless, that is, you're a first time homebuyer. It also has programs that allow for down payment assistance via grants from certain approved agencies (if your loan type requires a down ...