What would you do if one-third of the loans that you worked on could be saved? How many families would you help become homeowners? How much would it grow your income? A recent Down Payment Resource (DPR) study found that 33% of declined mortgage files were eligible for down payment assistance—down payment assistance that could … Continue reading "How to Save Up to One-third of Failed Mortgages"
There are a variety of reasons that future homebuyers across the nation are looking into down payment and closing cost assistance programs right now. With the recent rise in interest rates, along with home prices that have been rising for a while, many borrowers need down payment assistance (DPA) just to afford the home in … Continue reading "Guide to Qualifying for Down Payment Assistance"
Becoming a homebuyer these days sure can be challenging. Many people don’t have the advantage of purchasing a home right away and become renters first. Owning a home is a decision that has to fit your lifestyle and goals. Most of the time, however, this takes years of preparation before having the ability to buy … Continue reading "How Lenders May Be Able To Turn Renters Into Homeowners"
So, you want to buy a home? Not a house, but a home—somewhere for you to live, put down roots, and watch your children grow up, at least for a time. You’ve done your research, and after looking at the advantages and risks of buying a home, you’ve decided to jump into the market and … Continue reading "Is Down Payment Assistance Right for Me?"