• FHA DPA Mortgage Loans

  Down Payment Assistance Debt

  Posted by Angela on December 30, 2023 at 6:34 am

  Are down payment assistance mortgage program a debt you need to pay back or free.

  Gustan replied 10 months, 3 weeks ago 2 Members · 1 Reply

  • DOWN PAYMENT ASSISTANCE
  • FHA Loans
• 1 Reply

• 

  Gustan

  Administrator

  December 31, 2023 at 12:48 am

  Angela, there are different types of down payment assistance programs. Forgivable and non-forgiveable down payment assistance programs. EPM, Christian Sorenson has non-forgiveable down payment assistance program at 7.75% rate and 48.99% debt-to-income ratio. Minmum credit score 620 FICO.

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