Items Tagged with 'John F. Eilermann Jr.'

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  • Questions Over FHA Down Payment Assistance Programs Hit Mainstream

    Industry participants that have been around for some time are likely familiar with the ongoing debate over seller-funded down payment assistance programs, a Federal Housing Administration program that allows borrowers to get into a home for little -- if any -- money down. The program has become nearly the last bastion of zero-down, only-$500-puts-you-into-a-home! lending for borrowers with damaged credit in the wake of the subprime mortgage meltdown, and it's one that has some government officials very worried.
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