Lift the ban on lenders providing down payment assistance on FHA loans: Ted Tozer
Housing Wire
JULY 21, 2023
Under the FHA Modernization Act of 2008 , sellers, lenders and others with a financial interest in a real estate transaction are prohibited from providing DPA to FHA borrowers. Bush administration in 2004. “If If this change were made, the FHA program would join the other government-insured programs offered by the U.S.
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