Skip to main content

Home price appreciation slowing

National Mortgage Professional
Nov 20, 2006

National Homebuyers Fund unveils down-payment assistance programMortgagePress.comDown payment assistance National Homebuyers Fund Inc. (NHF) has announced the expansion of its ACCESS home-loan program to potential buyers in Colorado. Mortgage loans offered by the program include 1) a combination of a 97 percent first-mortgage loan with a 7 percent second-mortgage loan, creating a 104 percent combined loan to value with a maximum first-mortgage amount of $417,000; and 2) a combination of a 100 percent first-mortgage loan with a 5 percent second-mortgage loan, creating a 105 percent combined loan to value with a maximum first-mortgage amount of $417,000. Sacramento, Calif.-based NHF is a nonprofit public benefit corporation, sponsored by the CRHMFA Homebuyers Fund, dedicated to providing a consistent source of financing for individuals without the resources to afford the down payment and closing costs associated with the purchase of a loan. For more information, call (866) 643-4968 or visit www.nhfloan.org.
Published
Nov 20, 2006
Reports: Evergrande Group Makes $83.5M Interest Payment

Faltering Chinese development firm fends off default with payment to international bondholders.

Industry News
Oct 22, 2021
FAR Establishes Borrower Engagement Division

Finance of America Reverse LLC announced its formally established Borrower Engagement Division.

Industry News
Oct 22, 2021
Automating Appraisals No Panacea For Removing Bias

With racism 'grandfathered in' to housing prices in minority neighborhoods, a solution to 'unconscious bias' is difficult to find

Industry News
Oct 21, 2021
Reports: Evergrande Group Arranges Bond Extension

Reuters, REDD say company's billionaire chairman has agreed to provide additional collateral to ensure a construction project tied to a $260M bond is completed.

Industry News
Oct 21, 2021
New American Funding Hires Regional Manager

Mark Tribuna will lead effort to expand company's partnership with affordable nonprofit builders in mid-Pacific region

Industry News
Oct 21, 2021
Rocket Pro Announces Initiatives To Boost Brokers

Company brings Rocket Tech, the Rocket Network and Rocket Marketing to mortgage brokers across the country

Industry News
Oct 19, 2021