Very important changes are being made to the Down Payment Assistance Programs. All clients using DAP's must have their file submitted to underwriting by August 29th. The transaction must be signed, closed and funded by September 30, 2008.
We have been told there will be no exceptions to this new policy.
Remember, the USDA / FHA rural housing loan is an excellent alternative for those who require 100% financing. These loans are available in specified areas and you must meet the income guidelines. Call us today and we will get you in touch with a qualified lender. The Garnett Team, 816-985-PAUL.
