Potential Homeowners Strike GoldMortgagePress.comNeighborhood Gold, downpayment funds, HAND
announced that it has granted downpayment funds to more than 5,000
families during the third quarter of 2002, enabling the families to
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,
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.