First Class America

EASY-NAV:    ($500 REWARDS OVERVIEW)     ($500 REWARDS DETAILS)     (JOBS PROGRAM OVERVIEW)     (JOBS PROGRAM DETAILS)

50M New Jobs Program - Fed Home Loans:  Residential homeowners of single-family dwellings with certain distressed FHA, VA, and USDA home loans will qualify in similar respect to the Student Loan incentives.

Final Implementation Details TBD:  This issue covers a whole lot of ground, no pun intended, and involves a wide variety of complicated, interrelated parameters, which will all be further considered in depth by Team Trump's economic advisers with respect to supplying more infrastructure jobs hiring. However, the basic plan is still similar to all of the Student Loan debtor aspects under this same Jobs Program, i.e., there is still a particular individual "tax holiday amount" per each different eligible homeowner (but divide home mortgage loan principal by 30-year rules, instead of dividing by the 10-year rules for student debt), the appropriate earmarked monthly amount will get directly paid to the big-bank lender on your behalf via employer tax-free redirect to the federal government first, your new infrastructure employer gets to waive (keep) its own pro-rated 7.65% FICA share of taxes, ObamaCare coverage penalties are waived up to two (2) years for both you and your employer just like the incentives packages for all Student Loan debtors, and so forth and so on. There are only two (2) real differences between the Student Loan incentives and these Fed Home Loan incentives. One is the loan principal divide-by-30-years rule as opposed to the 10-year rule for Student Loans, and the other is what various eligibility and/or threshold parameters of federally-backed home loans will be determined most suitable to the overall Jobs Program goals, and so those will be resolved best by Team Trump's set of experienced economic advisers.

Note:  Team Trump may yet further tweak any program aspect, such as considerations for waiting periods, frequency of program availability, income and/or debt thresholds, and/or whatever else may enhance creation of jobs, household incomes, and other goals.