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Updated over 5 years ago on . Most recent reply

User Stats

31
Posts
3
Votes
Angel Dross
  • New York
3
Votes |
31
Posts

Mortgage loan question

Angel Dross
  • New York
Posted

Has anyone heard of the Home Purchase Program (HPP)? I read that some banks like HSBC used to have the program, but they discontinued it. I’m looking to see if anyone has a similar program.

 Willing to talk any lender to see if we can work something out. Thank you for your time.

Most Popular Reply

User Stats

59
Posts
37
Votes
Nathan Norway
  • Rental Property Investor
  • Plymouth, MI
37
Votes |
59
Posts
Nathan Norway
  • Rental Property Investor
  • Plymouth, MI
Replied

Angel, reading online it looks like a voucher / reimbursement type of program offered through HUD.. am I getting that correctly? Are you looking to assist in covering costs to reduce yours when buying a property? I know some states have programs for assistance but sometimes it is income and area dependent. Usually what seems to be common is down payment assistance at least when I have done research in the past.

I'd look for Lenders in here, or even make a marketplace listing searching for a lender or lending program that meets the criteria you are searching for. 
Good Luck!

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