This new program is a great loan for buyers that do not have any of their own funds to put down on a home. There is an FHA first mortgage and then a Chenoa Fund second mortgage for 3.5% to meet the FHA down payment requirements. The best part is that under some...
The rules seem to keep changing in regard to how the mortgage industry looks at student loan payments and it can have a drastic impact on a buyers ability to purchase a home. Here is a breakdown of the different loan programs and how they look at student loans. VA...