I wanted to share a couple of stories – one from Nehemiah’s DPAGroundswell website and one, via video, from the Ameridream folks. Many of us may not have even written loans or managed real estate transactions that involved Downpayment Assistance Programs. If you’re on the fence about whether these programs need to be saved, please… take a minute to read through and watch these testimonials.
Beverly Queen – Fort Washington, MD
When I heard about downpayment assistance, I was living in a basement unit in Section 8 housing with my four children. I knew it was time to get out when my eldest son, then 17, was robbed by a group of kids in our neighborhood for his tennis shoes. He had also started falling in with the wrong crowd and getting into fights. more »
Both Sides of the Story
If you’ve felt like all you’ve only been hearing HUD’s side of the story regarding why DPAs should be discontinued, this video’s one you MUST watch. Not only is there another side to the tale, but the one you’ve been hearing isn’t even accurate (shocking).
Keep focused on this fact: Ameridream and Nehemiah have consistently asked HUD to establish strict guidelines as to how DPAs should be run. HUD, in hopes of establishing its own 100 percent financing program, has consistently refused to comply with such requests.
The Facts about DPA: HUD Publicly Admits It Mismanaged FHA
[youtube=http://www.youtube.com/watch?v=g2CLQABK-S8]
I hope you found this post useful! As always, if you or anyone you know is in need of a local Florida mortgage loan originator, I’m your guy. Call me at 888-859-7418 or apply online for your Florida mortgage. We’ll keep you posted and let you know when it’s time to pull the trigger!
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