If the
program allows for a soft 2nd which after so much time is forgivable by the
entity, then it is usually allowed, however, proceeds cannot come from the seller in any way i.e. Nehemiah, Home
down-pmt, etc.
Justin
Perry
Sr.
Underwriter
Gateway
Mortgage Group
1255
W. 15th Street| Ste. 540|
972-908-3390
ext. 125| 918-392-8349 eFax
8/25/2009