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As I understand it , that requirement is for the main source of income. This is additional income.
I have a similar question. Looking at putting an offer on a home that’s a complete gut job. The house is a bit small but the price is right even with Reno included. Would HAND permit an extension to the home ,if city permits? I’ve already checked and there are no zoning issues that would prevent such an addition. And it’s common in that neck of the woods, Brooklyn, New York. Thank you
Is that link generated right after uploading the P&S or does someone at NACA have to process it? Thanks
It would be amazing if the 1% reduction made a return even though .5% is still very good!
Wow, did not expect such a jump. This puts our search on hold until who knows when.
Please find out what’s going on here. I asked on the chat line and the operator said 3.5 is correct. I wonder if this is another one of Bank of American’s changes to the program.
I asked at the purchase workshop and was told, priority members can buy down to .125 and non priority members can only buy down to 1.25
I couldn’t find the message in my inbox or spam folder. The last message I received from you was an “out of office” reply.
My email is tibwa2 (at) yahoo
I volunteered months ago. I guess there must be a backlog from the holidays.
Apparently my MC was incorrect as to why the file was denied, it had absolutely nothing whatsoever to do with not showing shock for a multifamily.
I don’t know why she didn’t simply reach out to anyone, someone to find out the reason instead of assuming. In any event, I am thrilled with finding out the actual cause. My local office suggested I get in touch with the supervisor of counseling and that did the trick.
Now, I just need my MC to resubmit and we should be good!
Thank you all for trying to help, it is much appreciated.
And let me be a lesson to others, if your file isn’t moving, don’t just wait, keep asking until you find answers.
Hi Peapod, That was my first move and it hasn’t been done. I don’t know what else i can possibly do at this point.
We may just stay in limbo indefinitely until someone decides to have mercy on us and do something. This is so disheartening. Thanks for the response