Comments for Naji Rashid's Blog http://www.najirashid.com Helping Individuals And Families Achieve Homeownership One House At A Time! Fri, 04 Feb 2011 18:06:42 +0000 hourly 1 http://wordpress.org/?v=3.2.1 Comment on The 7 Things You Must Know to Successfully Receive Grant Money! by Naji Rashid http://www.najirashid.com/the-7-things-you-must-know-to-successfully-receive-grant-money/comment-page-1/#comment-2767 Naji Rashid Fri, 04 Feb 2011 18:06:42 +0000 http://www.najirashid.com/?p=46#comment-2767 I will email it to you. I will email it to you.

]]> Comment on The 7 Things You Must Know to Successfully Receive Grant Money! by Carlyn http://www.najirashid.com/the-7-things-you-must-know-to-successfully-receive-grant-money/comment-page-1/#comment-2766 Carlyn Fri, 04 Feb 2011 17:57:53 +0000 http://www.najirashid.com/?p=46#comment-2766 Hello, I am also interested in your report if it is still available. Thank you. Hello, I am also interested in your report if it is still available. Thank you.

]]> Comment on CDA (DSELP) Providing Up To $5,000 To First-Time Home Buyers! by Naji Rashid http://www.najirashid.com/cda-dselp-providing-up-to-5000-to-first-time-home-buyers/comment-page-1/#comment-2765 Naji Rashid Fri, 04 Feb 2011 17:42:44 +0000 http://www.najirashid.com/?p=267#comment-2765 Hello Carlyn, The seller contribution cap for CDA is 6% the same as FHA. FHA has not reduced the seller contribution to 3% yet. It has been discussed but as of today the seller can contribute 6% towards your closing cost if you are using CDA or FHA. Conventional loans only allow 3% contribution. If you use DSELP and receive $5,000 you can still ask the seller for a 6% seller contribution. The $5,000 DSELP can be used towards your 3.5% down payment that is required for FHA or CDA. I hope this answers your questions for you. If you have any more questions please do not hesitate to contact me. Also their are several other programs you could potential qualify for give me a call for more details. Hello Carlyn,
The seller contribution cap for CDA is 6% the same as FHA. FHA has not reduced the seller contribution to 3% yet. It has been discussed but as of today the seller can contribute 6% towards your closing cost if you are using CDA or FHA. Conventional loans only allow 3% contribution. If you use DSELP and receive $5,000 you can still ask the seller for a 6% seller contribution. The $5,000 DSELP can be used towards your 3.5% down payment that is required for FHA or CDA. I hope this answers your questions for you. If you have any more questions please do not hesitate to contact me. Also their are several other programs you could potential qualify for give me a call for more details.

]]> Comment on CDA (DSELP) Providing Up To $5,000 To First-Time Home Buyers! by Carlyn http://www.najirashid.com/cda-dselp-providing-up-to-5000-to-first-time-home-buyers/comment-page-1/#comment-2762 Carlyn Thu, 03 Feb 2011 17:47:25 +0000 http://www.najirashid.com/?p=267#comment-2762 Is there a "contribution" cap on the CDA loans as there is on regular FHA loans? From what I've read, FHA loans have a 3% seller contribution cap. However, I have not been able to find any information on whether there is a cap for CDA loans. If there is, does that percentage include any money received through the DSELP program or is that excluded from the total percentage? Is there a “contribution” cap on the CDA loans as there is on regular FHA loans? From what I’ve read, FHA loans have a 3% seller contribution cap. However, I have not been able to find any information on whether there is a cap for CDA loans. If there is, does that percentage include any money received through the DSELP program or is that excluded from the total percentage?

]]> Comment on CDA (DSELP) Providing Up To $5,000 To First-Time Home Buyers! by Naji Rashid http://www.najirashid.com/cda-dselp-providing-up-to-5000-to-first-time-home-buyers/comment-page-1/#comment-2758 Naji Rashid Wed, 02 Feb 2011 22:46:44 +0000 http://www.najirashid.com/?p=267#comment-2758 Yes this program is still available along with the $5,000 DSELP. The Federal Home Loan Bank of Atlanta program has also started with $7,500 towards down payment and closing costs. Yes this program is still available along with the $5,000 DSELP. The Federal Home Loan Bank of Atlanta program has also started with $7,500 towards down payment and closing costs.

]]> Comment on CDA (DSELP) Providing Up To $5,000 To First-Time Home Buyers! by Bud http://www.najirashid.com/cda-dselp-providing-up-to-5000-to-first-time-home-buyers/comment-page-1/#comment-2757 Bud Wed, 02 Feb 2011 22:38:27 +0000 http://www.najirashid.com/?p=267#comment-2757 Is this program still in effect for 2011? i looked at the www.mmprogram.com website and looked it had possibly old rates/info. thanks. Is this program still in effect for 2011? i looked at the http://www.mmprogram.com website and looked it had possibly old rates/info. thanks.

]]> Comment on Happy New Year! Happy House Hunting! by Naji Rashid http://www.najirashid.com/happy-new-year-happy-house-hunting/comment-page-1/#comment-2743 Naji Rashid Mon, 31 Jan 2011 00:42:50 +0000 http://www.najirashid.com/?p=295#comment-2743 Hello Sharon, The DSELP and the MALP programs are available now. Also Federal Home Loan Funds are available now also. Up to $7,500 towards your down payment and closing costs. Do not hesitate to contact me for more details. Hello Sharon,
The DSELP and the MALP programs are available now. Also Federal Home Loan Funds are available now also. Up to $7,500 towards your down payment and closing costs. Do not hesitate to contact me for more details.

]]> Comment on Happy New Year! Happy House Hunting! by Sharon Evans http://www.najirashid.com/happy-new-year-happy-house-hunting/comment-page-1/#comment-2740 Sharon Evans Sun, 30 Jan 2011 02:48:07 +0000 http://www.najirashid.com/?p=295#comment-2740 Hello, When will the funding for DSELP and MALP program become available for 2011. Thank you for your response. Sharon Hello,
When will the funding for DSELP and MALP program become available for 2011.

Thank you for your response.

Sharon

]]> Comment on Baltimore County’s New Mortgage Assistance Loan Program (MALP) Up to $35,000 by Naji Rashid http://www.najirashid.com/baltimore-countys-new-mortgage-assistance-loan-program-malp-up-to-35000/comment-page-1/#comment-2514 Naji Rashid Sat, 01 Jan 2011 19:01:27 +0000 http://www.najirashid.com/?p=23#comment-2514 Hello Charlise, Happy New Year! I will call you on Monday so we can discuss your situation. Hello Charlise,
Happy New Year! I will call you on Monday so we can discuss your situation.

]]> Comment on Baltimore County’s New Mortgage Assistance Loan Program (MALP) Up to $35,000 by charlise jefferson http://www.najirashid.com/baltimore-countys-new-mortgage-assistance-loan-program-malp-up-to-35000/comment-page-1/#comment-2495 charlise jefferson Fri, 31 Dec 2010 01:17:27 +0000 http://www.najirashid.com/?p=23#comment-2495 I am not renewing my lease in February 2011 because my family is expanding and we need more space. I am interested in finding out what I need to do to become a 1st time homebuyer. My credit is not the best but I am preparing to move forward. Please contact me with more info. so I can get started.(443-518-6440) I am not renewing my lease in February 2011 because my family is expanding and we need more space. I am interested in finding out what I need to do to become a 1st time homebuyer. My credit is not the best but I am preparing to move forward. Please contact me with more info. so I can get started.(443-518-6440)

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