Only 19% would stretch their housing budget, signaling that the next generation of buyers may expect originators to search across markets — not merely across loan products
Tagged: First-Time Homebuyers
Three originators shared their first-time buyer strategies during the latest installment of NMP Ignite
The OCC and FDIC would put more weight on lending while easing community development requirements for hundreds of banks
$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
The GSE financed 201,000 home purchases, while appraisal alternatives pushed estimated borrower closing-cost savings to $3 billion
House.ai creates personalized credit, savings, and affordability plans before referring consumers to mortgage professionals
Down Payment Resource identified 2,746 programs nationwide, although only 77% were active and funded at the beginning of July
LendingTree data shows millennials dominate mortgage shopping and match baby boomers’ $65,000 median planned down payment