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The FHA’s Risky Zero Down Payment Loan Program

Now there is another loophole called an earned income programs. The buyer of the home sells the seller of the home a program in which the buyer can earn a commission, " earned income". The buyer can use the "earned income" to purchase the home and they are 1099 for the earned income. I dont know how they are going to around this one but one company I know providing the earned income program is, www.dpfunder.com/
Hope that gives you some insite to the new FHA Downpayment loophole.

www.fhamortgageprogram.../

Highly Appealing FHA Loans [Housing Tracker]

I aggree FHA loans are the way to go, The FHA loan program was created to help increase homeownership. The FHA program makes buying a home easier and less expensive than other types of real estate mortgage home loan programs. Here are just some Examples of how FHA can help you buy a home,

Minimal Down Payment and Closing Costs.

Downpayment less than 3% of Sales Price
100% Financing options available
No reserves or required.
FHA regulated closing costs.
Seller can credit up to 6% of sales price towards buyers costs.
Easier Credit Qualifying Guidelines such as:
No minimum FICO score or credit score requirments.
FHA will allow a home purchase 2 years after a Bankruptcy.
FHA will allow a home purchase 2 years after a Foreclosure.
Easier Debt Ratio & Job Requirement Guidelines such as:
Higher Debt Ratio's than other home loan programs.
Less than two years on the job is allowed.
Self-Employed individuals o.k.

www.fhamortgageprogram.../