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Phoenix Real Estate Blog: On October 1st 100% FHA loans will be a thing of the past

Posted at MyPhoenixMLS.com Blog by Bob Stahl

September 19th, 2008 12:12 pm

Tagged with: ameridream, arizona, down payment, down payment assistance, housing and economic recovery act, housing bill, phoenix, real estate, real estate agent, realtor

On October 1st, a program that has allowed hundreds of thousands (if not millions) of Americans to buy homes will officially be outlawed. It’s the FHA/down payment assistance combination that has allowed borrowers to buy homes without any money down.

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