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G.A.P. program - read if you are buying a house
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rkoenke
my little piggys

Member since 3/08 4315 total posts
Name: rachel
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G.A.P. program - read if you are buying a house
has anyone ever heard of this?
www.fhadpa.com
Grant America program
what is considered moderate income???
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Posted 7/7/08 3:49 PM |
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Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource | Long Island Weddings |
neener1211
:-)

Member since 4/07 22952 total posts
Name: J
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Re: G.A.P. program - read if you are buying a house
The Grant America Program defines a low to moderate-income homebuyer as anyone that qualifies for an FHA loan under HUD guidelines. For non-FHA loan programs, the low to moderate-income definition is met by qualifying for a loan program that accepts grant / gift funds for use towards a down payment.
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Posted 7/7/08 3:54 PM |
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rkoenke
my little piggys

Member since 3/08 4315 total posts
Name: rachel
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Re: G.A.P. program - read if you are buying a house
that's it? it can't be that easy... there has to be a catch!
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Posted 7/7/08 4:24 PM |
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Jackie24
~We Did it~

Member since 7/06 6718 total posts
Name: Jackie
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Re: G.A.P. program - read if you are buying a house
I looked into all of these programs and we made way too much money
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Posted 7/7/08 6:29 PM |
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Beth
The Key to your new home....

Member since 2/06 24849 total posts
Name: Beth
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Re: G.A.P. program - read if you are buying a house
Posted by rkoenke
that's it? it can't be that easy... there has to be a catch!
the catch usually is that if you made enough money to qualify- you couldn't afford the house
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Posted 7/7/08 6:41 PM |
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donegal419
St. Gerard, pray for us.

Member since 7/07 7650 total posts
Name: K
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Re: G.A.P. program - read if you are buying a house
Posted by Beth1210
Posted by rkoenke
that's it? it can't be that easy... there has to be a catch!
the catch usually is that if you made enough money to qualify- you couldn't afford the house
so essentially, if you've been apporved for a mortgage, you can afford the house... well now you can, since the mortgage crisis!
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Posted 7/7/08 7:15 PM |
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