Posts Tagged ‘DAP’

The FHA No Down Loan

In January I wrote a post about down payment assistance plans and called them the bad idea that won’t die. It looks like I was right. Now the government agency that fought tooth and nail to get rid of them is all set to introduce their own version. I thought I heard something about this [...]

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DAP: The Bad Idea That Won’t Die

Down payment assistance plans (DAP) are proving to be harder to kill than Dracula. I think it was only last summer or early fall when FHA finally prevailed and Congress, after a lot of kicking and screaming, outlawed the product. No sooner was it buried than the home builders and real estate industry were trying to exhume [...]

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