An LO’s Guide to Down Payment Assistance for FHA!
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- Опубликовано: 9 сен 2024
- This is a fun and comprehensive LO guide to FHA DPA, including:
* DPA Basics for FHA
* How to structure DPA loans
* Calculating how much $ the borrower needs
* Repayable vs Forgivable Options
* Guidelines and more!
Orion Lending is a registered DBA of American Financial Network Inc. NMLS# 237341; 770 The City Drive, Orange, CA 92868; All Rights Reserved. This is not an advertisement to extend customer credit as defined by part 1026.2 of Regulation Z. Intended for use by real estate and lending professionals only and not for distribution to consumers. Refer to www.nmlsconsumeraccess.org and input NMLS# 237341 to see where AFN is a licensed lender. Orion Lending is an Equal Opportunity Employer.
My Contact Info: Erin Harden, Sr Account Executive, Orion Lending, 727-465-6522, eharden@orionlending.com
Thanks so much for making the DPA program so easy to understand Erin!
Great video. Thanks
Thank you! 🙂
Thank you so much !!!!! This is my second month as a AE this helps a lot !
I am so glad to hear that! Don't forget to subscribe so you get my new videos as well! :)
This is awesome, Erin! Great stuff!
Thank you for watching! 🙃
Awesome job on this video, thanks Erin
Thank you so much! 🤗
Great video , I have never used this for any clients yet
Thank you for watching, and let me know if you have any questions! :)
Do you run DU as a 100 CLTV since this is forgivable?
Yes, 96.5% LTV + 3.5% 2nd mtg = 100% CLTV. Great question!
Music is distracting me.