Can Down Payment Assistance Programs Be Used With FHA LoansPosted on November 19, 2010.  Hi, i would like to know if Down Payment Assistance Programs Can Be Used with FHA loans? I live in MN, and There Are Various City and State Programs that help first-time Homebuyers With down payment and closing costs.Am I use cable to The Help Of These Programs to Help with money down for FHA loans, or Would I need to put down my own money? Thanks. CommentsCammie Shoman says... You should ask about a rural development loan. They are 0% down. The stipulations are...1. House cannot be within city limits 2. You have to have an income below $75,000.
These are the rules in Michigan so it may be different for you but since its government program I assume its available nation wide. Posted on November 23, 2010 Leave a Comment |