Las Vegas Real Estate Blog » nehemiah http://www.senasellsvegas.com/blog Las Vegas, North Las Vegas, Henderson and Boulder City Real Estate News Thu, 29 Jul 2010 16:00:03 +0000 en hourly 1 http://wordpress.org/?v=3.0 Las Vegas Down Payment Assistance going away earlier than expected http://www.senasellsvegas.com/blog/2008/08/23/las-vegas-down-payment-assistance-going-away-earlier-than-expected/ http://www.senasellsvegas.com/blog/2008/08/23/las-vegas-down-payment-assistance-going-away-earlier-than-expected/#comments Sat, 23 Aug 2008 20:40:10 +0000 Tony Sena http://www.senasellsvegas.com/blog/?p=110

Written By: Mark Madsen Las Vegas Home Loans

Down payment assistance for potential Las Vegas home buyers may be going away sooner than most people are anticipating.

While somewhere in October is the official date that seller-funded down payment assistance, including the popular Nehemiah program,  becomes obsolete, many wholesale lenders have already stopped approving mortgages tied to these programs. 

I would suggest that potential home buyers get their complete files into underwriting as soon as possible.  Some banks are allowing approved loans, even on a To Be Determined property, to slip through the cracks and last a little longer.

Mark Madsen  |  702-496-5626  |

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