Nearly 90% say they don't have borrowers who would qualify for the loan under its 50% or less of AMI restriction.
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Tagged: Down Payment Assistance
NMP Survey: LOs Say UWM’s 1% Down Loan Too Limited
Rocket Launches Visa Signature Card
Rocket says its first-of-its kind credit card will help clients save on home purchases and homeowners pay off mortgages.
Mar 27, 2023
New American Funding Offering 1st-Time Buyers Up To $8K In Aid
Available only in certain areas, the funding does not need to be repaid and can be used for upfront costs.
Feb 06, 2023
Guaranteed Rate Offers $8K To Help Underserved Buyers
Special Purpose Credit Program provides down-payment & closing-cost aid in 6 U.S. cities.
Jan 30, 2023
MBA To FHFA: Increase AMI Limits For Down Payment Programs
Allowing borrowers with up to 100% of AMI to be eligible for these programs.
Dec 13, 2022
Fairway Offers Down Payment Assistance To Some First-Time Buyers
The Fairway Community Access program is limited to specific majority-minority communities.
Dec 07, 2022
Down Payment Assistance Facilitator Arrive Home Launched
Social enterprise
Nov 15, 2022
Guild Mortgage Upgrades 3-2-1 Home Plus Program
Financing for first-time homebuyers is about to get easier in 3-2-1...
Oct 07, 2022
Redfin Adds Down Payment Assistance Info To Home Listings
Teams with Down Payment Resource to provide information on more than 2,200 assistance programs nationwide.
Oct 05, 2022