Lisa71 Posted January 16, 2006 Report Share Posted January 16, 2006 This sounds too good to be true, so it probably is, has anyone heard of them?http://www.buyers-assistance.com/here is a pdf of their program:http://www.buyers-assistance.com/New_Startup.pdf Link to comment Share on other sites More sharing options...
firstsource Posted January 16, 2006 Report Share Posted January 16, 2006 It is a version of the many programs like this that are made for FHA. This one is aimed at the conventional loan market. If you are going with a sub-prime lender, the problem with these programs is that most Sub-prime lenders have you put 5% down of your own money, so sort of defeats the purpose to a big extent. It is great to lower the perceived LTV however. If you are able to go with a conforming program, these are good to help lower the LTV to 97% without any $ from your pocket. Charles Link to comment Share on other sites More sharing options...
Lisa71 Posted January 17, 2006 Author Report Share Posted January 17, 2006 So it is legit, it sounded too good to be true but then again it made sense to me because the seller doesn't really loose much and they can sell their house quicker.I am still scared but will consider it. Link to comment Share on other sites More sharing options...
Recommended Posts