Redfin says buyers are keeping more cash on hand as affordability pressures persist and bidding wars ease
Tagged: Down Payment Assistance
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
New program offers 3.5% or 5% in down payment assistance, with both forgivable and repayable options, empowering lender partners to help more families achieve homeownership
With more than two decades of experience, Jon Wilson joins the multi-state mortgage to strengthen the company’s accounting operations and position it for continued expansion
Lenders can use DPA programs as a proactive purchase strategy to serve more buyers — and compete better in a challenging market
What you need to know about the law as a mortgage professional and share with your clients