While saving for a down payment continues to be one of the most challenging barriers to homeownership for many, Freddie Mac’s latest multipronged action removes industry-wide barriers to down payment assistance (DPA) programs, helping provide mortgage loans and financial assistance to lower-income homebuyers across the nation.
Read More »The Bank of Mom and Dad Growing in Popularity for Down Payments
Saving for a standard 20% down payment can take years, but many homebuyers today are turning to family members to expedite the process.
Read More »Affordability Challenges Hindering Prospective Homebuyers
Two new studies from the National Association of Realtors show that elevated home prices and limited housing supply are continuous homebuying barriers cited across different races and ethnicities, hampering home sales and affecting prospective buyers nationwide.
Read More »Down Payment Resource Programs Grow Nationwide
“The increase in down payment assistance for several consecutive quarters represents growing opportunities for homebuyers that have been traditionally underserved,” said DPR Founder and CEO Rob Chrane.
Read More »Inlanta Mortgage Acquired by Guild Mortgage
San Diego-based lender increases its market share in the Midwest by agreeing to acquire Wisconsin-based Inlanta Mortgage, a lender currently operating in 27 states.
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