Posted on: 02nd Aug, 2008 07:00 am
Does the "Home rescue Bill" have any assistance for a 2nd home?
Hi Bret,
The new bill is built around the FHA loan program, and fha only insures primary residences, so I doubt that they will allow you to refi a second home.
Kim
The new bill is built around the FHA loan program, and fha only insures primary residences, so I doubt that they will allow you to refi a second home.
Kim
No primary only
just the first home. Have you tried getting refinanced.
Hi Bret,
Welcome to the forums.
The New Housing Bill does not speak of assistance for second homes actually. It concerns mortgages on primary homes . Know more about the New Housing Bill .
Take Care
Welcome to the forums.
The New Housing Bill does not speak of assistance for second homes actually. It concerns mortgages on primary homes . Know more about the New Housing Bill .
Take Care
No this program is only available for your Primary Residence.
I am very mortgage savvy....
I am a Mortgage Professional, and I do stand by everything I post
Wholesale Financial
Jamila Miller - Mortgage Coordinator
[Promotional text deleted as per forum rules. Thanks.]
I am very mortgage savvy....
I am a Mortgage Professional, and I do stand by everything I post
Wholesale Financial
Jamila Miller - Mortgage Coordinator
[Promotional text deleted as per forum rules. Thanks.]