Potential Homeowners Strike GoldMortgagePress.comNeighborhood Gold, downpayment funds, HAND Neighborhood Gold announced that it has granted downpayment funds to more than 5,000 families during the third quarter of 2002, enabling the families to become homeowners. Many families are learning about the availability of downpayment assistance, in part through the Homeownership Alliance of Non-Profit Downpayment Providers (HAND), of which Neighborhood Gold is a founding member. HAND helps to ensure ethical practice within the lending industry and maintain high standards of integrity, disclosure and fair practice, while monitoring non-member organizations to protect borrowers against violations of unfair practice in pricing and appraisal inflations. Neighborhood Gold, headquartered in Orem, Utah, provides downpayment assistance grants to borrowers. For more information, visit www.neighborhoodgold.com or call (888) 627-3023. HAND, headquartered in Bethesda, Md., provides downpayment gifts to individuals who meet FHA qualifications for mortgages. For more information, visit www.downpaymentalliance.org or call (301) 941-1907.
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