Tagged: Down Payment Assistance

ONE by Lower is available to qualifying first-time and repeat buyers, but borrowers purchasing above $225,000 may need to contribute more than 1%

$750 billion housing initiative aims to help 500,000 customers purchase homes, including 200,000 first-time buyers

Younger teachers, health care workers, first responders, and military households can afford median-priced homes in only a fraction of major metros

New Redfin/Ipsos survey finds broad agreement across party lines on first-time buyer tax breaks and other affordability measures

Redfin says buyers are keeping more cash on hand as affordability pressures persist and bidding wars ease

The loan officers gaining an edge today are using AI to cut research time, sharpen borrower conversations, and master new programs in minutes instead of weeks

Collaboration focuses on equipping brokers with tools and training to reach first-time and underserved borrowers

NAMB has issued a white paper outlining a legislative and regulatory roadmap aimed at boosting housing supply, reducing borrower costs, and strengthening the mortgage broker channel to expand homeownership nationwide

Fannie Mae extends its $2,500 credit for very low-income borrowers for another year, while both Fannie Mae and Freddie Mac align their manufactured housing programs to promote consistency in lending standards

Downpayment assistance is expanding and loosening eligibility nationwide, with more programs, higher income caps, broader property support, and deeper benefits that improve borrower qualification and loan quality