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Updated over 15 years ago, 06/23/2009

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Title Representative
  • from Sycamore
  • Member since Apr 2, 2009
Connect
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Title Representative
  • from Sycamore
  • Member since Apr 2, 2009
Connect
Account Closed
  • Title Representative
  • Sycamore
0
Votes |
17
Posts
Starting Out

Is this legal?

Account Closed
  • Title Representative
  • Sycamore
Posted

Could someone describe to me how down payment assistance works? I saw someone advertising they needed down payment assistance funding.

The purchase price was $2.5 mil, the mortgage was $2.0 mil and the DPA was $500,000 with $50K additional wired back the same day. How is that possible?

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