This is really just a forced savings program.

In trying to go from in-house solutions to vendor products, they would go for huge, highly complex programs.

I've recently applied for the First Time homebuyer down payment assistance program with a local city here and had a few questions on how those programs are ran, if anyone is familiar with them.If everything goes through, i will be eligible to receive $25-30K in down payment assistance (as a forgivable second mortgage) to buy a property within that city.

If you are interested, just stop by your local small airport and check out their programs.

You might have taken out a 15-year loan to get the loan paid off in half the time, and might even be making extra payments, or perhaps signed up for one of those biweekly loan programs, all to enable you to get rid of the mortgage just as quickly as possible.You do all of these things, of course, for a very basic and deep-rooted reason: because your parents taught you that you should never a have mortgage, and the key to the American Dream is to own your home outright.Yet, a Big 30-Year Mortgage Is BestAlthough your parents’ advice once made sense, today it is completely wrong.

All the low fico programs just that I know about just adjusted again.

But they are of regular people and their flips, not salesmen selling overpriced programs.

I would like to know what programs you offer and how you administer your programs.

Good Article...My investor uses a NPV program for the final test when accepting an offer, sometimes offering 40-50% below the previous loan amount works.One of the problems that we are seeing as a servicing company is that the asset management companies we are contracted with are not submitting all offers, or they are countering at the original price and the investor takes a hike.

There are a few "evergreen" niches, however, that are the most popular and consistently profitable: dating, diet, skincare, bizopp, ecigs (recently), credit reports, background checks.