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ritabradley01

3158 Posts

Posted - 08/27/2008 :  6:07:47 PM
Provided they are still in existence-they are for owner occupied properties only right?

Sorry for the dumb question-no one in my office has used DPA before for their clients.
d_damiano

548 Posts

Posted - 08/27/2008 :  6:34:26 PM
quote:
Originally posted by ritabradley01

Provided they are still in existence-they are for owner occupied properties only right?

Sorry for the dumb question-no one in my office has used DPA before for their clients.



Yup!
ritabradley01

3158 Posts

Posted - 08/27/2008 :  6:36:41 PM
quote:
Originally posted by d_damiano

quote:
Originally posted by ritabradley01

Provided they are still in existence-they are for owner occupied properties only right?

Sorry for the dumb question-no one in my office has used DPA before for their clients.



Yup!



ok thanks-thought I'd double check before I tell the guy the bad news. Thanks again.
waynepbright

3660 Posts

Posted - 08/27/2008 :  6:52:22 PM
And don't forget; Go to this Web site and follow instructions on how to Help Reverse the DPA decision and bring them back to life:

www.rallyforhomeownership.org
slants

4274 Posts

Posted - 08/27/2008 :  7:00:51 PM
Only FHA accepts DPA (for another month), and FHA only insures owner occ.
waynepbright

3660 Posts

Posted - 08/27/2008 :  7:04:48 PM

As I mentioned above though: go to the web site below and voice your opinions to your local Senate in order to bring back the DPA program:

www.rallyforhomeownership.org
powwow

385 Posts

Posted - 08/27/2008 :  7:12:40 PM
quote:
Originally posted by waynepbright


As I mentioned above though: go to the web site below and voice your opinions to your local Senate in order to bring back the DPA program:

www.rallyforhomeownership.org



Thanks for the link.
MisterVA

6570 Posts

Posted - 08/27/2008 :  7:20:19 PM
Something tells me that powwow is not going to voice the same opinion as the organizers.
Mandyvilla

3405 Posts

Posted - 08/27/2008 :  9:24:16 PM
quote:
Originally posted by MisterVA

Something tells me that powwow is not going to voice the same opinion as the organizers.



LOL, I guess I shouldn't give out the other links, then, huh? I was just introduced to the grant program that is available from The Federal Home Loan Board...I just downloaded the info and hope to read up on it tomorrow. Anyone else using it? It's a soft second up to 10K, used w/ FHA loans. Supposedly much simpler than the State bond loans.
d_damiano

548 Posts

Posted - 08/28/2008 :  12:05:49 AM
quote:
Originally posted by Mandyvilla

quote:
Originally posted by MisterVA

Something tells me that powwow is not going to voice the same opinion as the organizers.



LOL, I guess I shouldn't give out the other links, then, huh? I was just introduced to the grant program that is available from The Federal Home Loan Board...I just downloaded the info and hope to read up on it tomorrow. Anyone else using it? It's a soft second up to 10K, used w/ FHA loans. Supposedly much simpler than the State bond loans.



There are issues that seem to be confusing in declining markets. I would love to hear your take on it.

Rumor mill has it that the DPA Alliance with the National Association of Builders is working on something.

we will see?
ritabradley01

3158 Posts

Posted - 08/28/2008 :  07:22:11 AM
quote:
Originally posted by Mandyvilla

quote:
Originally posted by MisterVA

Something tells me that powwow is not going to voice the same opinion as the organizers.



LOL, I guess I shouldn't give out the other links, then, huh? I was just introduced to the grant program that is available from The Federal Home Loan Board...I just downloaded the info and hope to read up on it tomorrow. Anyone else using it? It's a soft second up to 10K, used w/ FHA loans. Supposedly much simpler than the State bond loans.



I would like to see the links if you'd like to share them Mandy.
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