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
More would-be homebuyers skip the wedding gift registry, instead ask for cash to help with down payment on a home
Fannie Mae’s and Freddie Mac’s current support for such SPCP programs is ‘inappropriate,’ FHFA has determined
Nearly half of renters polled say they don't see homeownership as possible — ever
Down payment assistance programs remain underutilized, despite high eligibility among government borrowers
The report noted a 5% increase in programs for first-generation homebuyers