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.

Комментарии • 15

  • @BehindClosedLoans
    @BehindClosedLoans  Год назад +1

    My Contact Info: Erin Harden, Sr Account Executive, Orion Lending, 727-465-6522, eharden@orionlending.com

  • @BurxNorrod
    @BurxNorrod Год назад +2

    Thanks so much for making the DPA program so easy to understand Erin!

  • @ronstan3064
    @ronstan3064 10 месяцев назад +1

    Great video. Thanks

  • @walkingwithjesus1505
    @walkingwithjesus1505 Год назад +1

    Thank you so much !!!!! This is my second month as a AE this helps a lot !

    • @BehindClosedLoans
      @BehindClosedLoans  Год назад

      I am so glad to hear that! Don't forget to subscribe so you get my new videos as well! :)

  • @TomPessemier
    @TomPessemier Год назад +1

    This is awesome, Erin! Great stuff!

  • @sebagwell17
    @sebagwell17 Год назад +1

    Awesome job on this video, thanks Erin

  • @candyrock8766
    @candyrock8766 Год назад

    Great video , I have never used this for any clients yet

    • @BehindClosedLoans
      @BehindClosedLoans  Год назад

      Thank you for watching, and let me know if you have any questions! :)

  • @jenniferthornburg2870
    @jenniferthornburg2870 6 месяцев назад +1

    Do you run DU as a 100 CLTV since this is forgivable?

    • @BehindClosedLoans
      @BehindClosedLoans  2 месяца назад

      Yes, 96.5% LTV + 3.5% 2nd mtg = 100% CLTV. Great question!

  • @jonquintana1
    @jonquintana1 Год назад +1

    Music is distracting me.