Response to The Punisher 7/29/10 at 11:55 AM:

No not loans for deadbeats! It is actually very difficult to qualify for one of these loans; you need good credit as with any loan. How do I know, I'm in the process of buying my first home now!

Do not judge me, I am a very hard working single mother who earns approx. $20,000.00 and takes no assistance [Medicaid or otherwise]. I have been renting for as long as I can remember and finally decided to own a home since my chilidren are nearly grown.

As for the 'deadbeat' comment, appology accepted.

How does a couple who makes less than $68,000. afford a $271,000. mortgage ???

They have more programs for dead beats........unbelieveable!

I know some people who have lived off HUD for over 25 years because they were too lazy to work. They have also received assistance, clothing vouchers, food stamps and medical card. They are now working for only the last 2 years and they know how much they can make and still keep their benefits but they screwed up somehow and they are losing their HUD so they are now being offered a brand new home at low cost. I think this program they are talking about in this article is a good thing but not for these bums who have sat on their hind ends most of their lives. They also do alot of work that they don't turn in their income, they are cheating the government. Best part of all this, is that they call themselves Christians.

I contacted these folks about their "criteria" for their program. Allow me to quote one Alice L. Carver:

Mr. Fox, The NewHOME Program provides mortgage loans to very low income families. A primary preference for the NewHOME Program will be given for large families (5 or more in the household) with dependent children, elderly families with dependent children, elderly families and disabled veterans. Other program guidelines will need to be met in order to qualify. The program is available in all counties of the State except: Berkeley, Brooke Cabell, Hancock, Jefferson, Kanawha, Marshall, Morgan, Ohio, Wayne and Wood. The NewHOME Program loans are originated by local Non Profit Organizations in accordance with the WVHDF. If you believe you may qualify for this program, I can provide the name and telephone number of the Non Profit Originator for the county in which you wish to purchase. Thank you for your interest in our loan programs. Alice L. Carver SF HOME Loan Manager WVHDF

I do not have a brood of offspring, nor am I a disabled veteran. I am a single man, in my mid fifties, an Army veteran who has never owned a home. I have lived in this county and state and paid taxes here all my life. I make less than 24K a year, and was just looking for a break to get out of throwing my money down the proverbial rent rat hole! They need to put their criteria on their damned web site, and save people the "audacity of hope"!!!!!!!!!!!

I contacted these folks about their "criteria" for their program. Allow me to quote one Alice L. Carver:

Mr. Fox, The NewHOME Program provides mortgage loans to very low income families. A primary preference for the NewHOME Program will be given for large families (5 or more in the household) with dependent children, elderly families with dependent children, elderly families and disabled veterans. Other program guidelines will need to be met in order to qualify. The program is available in all counties of the State except: Berkeley, Brooke Cabell, Hancock, Jefferson, Kanawha, Marshall, Morgan, Ohio, Wayne and Wood. The NewHOME Program loans are originated by local Non Profit Organizations in accordance with the WVHDF. If you believe you may qualify for this program, I can provide the name and telephone number of the Non Profit Originator for the county in which you wish to purchase. Thank you for your interest in our loan programs. Alice L. Carver SF HOME Loan Manager WVHDF

I do not have a brood of offspring, nor am I a disabled veteran. I am a single man, in my mid fifties, an Army veteran who has never owned a home. I have lived in this county and state and paid taxes here all my life. I make less than 24K a year, and was just looking for a break to get out of throwing my money down the proverbial rent rat hole! They need to put their criteria on their damned web site, and save people the "audacity of hope"!!!!!!!!!!!

I happen to agree with Sam. This is a bunch of bull, if you click on the link and read the requirments, it seems to exclude those who have achived moderate success. You cannot make over $68,000 combined or by a house that cost over $271,000. The sad thing is that most of these loans will probly end up getting foreclosed on anyway. But..maybe its like chellebug said, im jealous because i don't qualify...so with that said, enjoy my tax dollars, im glad someone will enjoy them.

WVHDF is not for people who screw up. Its for first time home buyers. My husband and I both get up and go to work everyday and our home loan is through WVHDF. From my understanding its quite hard to get a loan through WVHDF and because we were and still are in excellent credit standings we were approved. It encourages people to purchase a home rather than put money down the drain paying rent. I think this is really great it gives people a chace to make an investment into a home and hopefully help this crappy housing market. So Sam think and do some research before you run your mouth.

I understand how you feel Sam,But at the same time Im a single mom of two children and I have worked since I was 18 and going back to school wasnt an option when I first had my kids but now that they are both in school I can. Having a program like this can help so many young adult that might struggle,It makes some people become better people and we give back to the community and least I have and Ive seen some many others do the same. I do work hard everyday,just like you and Im sorry that you feel this way,maybe you should visit someone who has lost a home or there job due to some reason and see that its really hard for someone to start all over after something bad happened.It seems to me that your alittle jealous that someone got help and you didnt when maybe you needed it and if thats the case Im sorry and hope in the furture things work out for you alittle better.

This is bull @&*$ I have worked my @*$ off and purchased a home the correct way and now because people have been stupid with their money the government is going to reward people. Screw them how about some of us hard working folks that have made the right money decisions and keep getting screwed how about some rewards for doing the right thing and keeping ourselves and the economy afloat!