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  • Comment Detail

  • Date: 04/25/23
    First Name: Chet
    Last Name: San
    Organization: N/A
    City: N/A
    State: N/A
    Attachment: N/A
    Number: RIN-2590-AB29

  • Comment

    Hello, we have been renting for over a decade to save for a home and we are already struggling with the current interest rate on top of high housing prices in my area, Long Beach. Although my credit score is excellent, I am still a first time home-buyer. How does this make sense? This agency has had almost a century to implement affordable housing programs and failed.. The rule should not fall on people who have good credit because we have to abide to this system to even get our foot in the door for a home loan. Is the plan to incite people to have bad credit? If people don't have good credit then there needs to be a specific program that helps them and not be a consequence to the general people who have good credit. It is not easy to buy home for someone who obtains good credit even with a middle class income.

    Please choose another solution that is effective and does not take away from people who have good credit and striving to buy home.

    Thank you,
    Chet