THIS IS THE MOST USELESS APPROPRIATION EVER!!!! NOT ONLY DOES FHA HAVE VERY VAGUE INFORMATION ABOUT IT, BUT THE MORTGAGE COMPANIES THAT SAY THEY PARTICIPATE, NAMELY COUNTRYWIDE, DO NOT KNOW ANYTHING ABOUT IT.
IT IS THE ONLY PROGRAM OUT THERE THAT CAN HELP SOMEONE LIKE ME:
MY ONLY RESIDENCE AND I LIVE IN IT
MY MORTAHGE IS 45% OF MY PAY (31% IS THE MIN REQ)
MY LOAN ORIGNIATED BEFORE JAN 1, 2008
MIGHT I ALSO MENTION THAT I HAVE A FIXED, FANNIE MAE LOAN WITH A 10 3/4% INTEREST RATE.
WHY WON'T THEY HELP ME WHEN IT SAYS ON THEIR WEBISTE THAT THEY OFFER THIS PROGRAM?
SOMEONE PLEASE HELP