Proposition 37 could open new purchase lending opportunities, but financing costs and borrower qualification will determine its reach
Tagged: Down Payment Assistance
The five-year forgivable loan gives Zillow another incentive to attract borrowers as it expands its mortgage business
DPR’s Q3 report identifies 311 programs without income limits and 1,080 without first-time buyer requirements, though funded availability grew more slowly than the overall count
New hires bring experience in origination, affordable housing compliance, and lender operations
HUD’s proposed rollback of housing protections could deepen barriers for underserved borrowers, shrink the pool of prospective homebuyers, and ultimately cost loan originators business
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