Tag Archives: down payment assistance

Zillow is the latest lender to offer a 1% down purchase mortgage

By | | Uncategorized
Comments Off on Zillow is the latest lender to offer a 1% down purchase mortgage

UWM and Rocket Mortgage are also leveraging Fannie Mae and Freddie Mac programs tailored to borrowers earning less than 80 percent of the area median income. Continue reading →

California puts another $200M into shared appreciation loans

By | | Uncategorized
Comments Off on California puts another $200M into shared appreciation loans

CalHFA’s Dream For All loan program for first-time homebuyers burned through the first $300 million funding round in less than two weeks. Continue reading →

8% of buyers got down payment help from family this year: Survey

By | | Uncategorized
Comments Off on 8% of buyers got down payment help from family this year: Survey

A new survey of 1,700 real estate agents this spring found that homebuyers in the Northeast and in Southern California were the most likely to get financial help from their family. Continue reading →

Rocket’s new 1% down mortgage also picks up tab for PMI

By | | Uncategorized
Comments Off on Rocket’s new 1% down mortgage also picks up tab for PMI

Lender estimates a hypothetical buyer putting down $2,500 on a $250,000 home could save $20,500 in private mortgage insurance payments over 7 years. Continue reading →

Freddie Mac spotlights lenders for promoting affordable loans

By | | Uncategorized
Comments Off on Freddie Mac spotlights lenders for promoting affordable loans

UWM, Rocket and Fairway were enthusiastic backers of Freddie Mac’s Home Possible mortgage in 2022, which lets low-income homebuyers put as little as 3 percent down. Continue reading →

How to talk to clients about money (and all the rest): The Download

By | | Uncategorized
Comments Off on How to talk to clients about money (and all the rest): The Download

Agents can deal with economic headwinds by understanding their buyers’ mindset and helping them tap into down payment resources. Continue reading →

Unlock homeownership with down payment assistance programs 

By | | Uncategorized
Comments Off on Unlock homeownership with down payment assistance programs 

As a real estate agent, it’s not enough just to conduct the transaction. Provide education and service that will help make it possible in the first place. Continue reading →

Homebuyers have appetite for down payment assistance info, Zillow says

By | | Uncategorized
Comments Off on Homebuyers have appetite for down payment assistance info, Zillow says

Zillow revealed Thursday that 1 million users have queried its Down Payment Resource database since the real estate search portal partnered with the data provider a year ago as home prices soared. Continue reading →

Minneapolis Realtors apologize for racial discrimination in real estate

By | | Uncategorized
Comments Off on Minneapolis Realtors apologize for racial discrimination in real estate

“Minneapolis Area Realtors apologizes to all members of the community who have been burdened, denied service, or ignored by our actions.” The trade group also releases policy changes designed to close the racial homeownership gap. Continue reading →

Redfin adds down payment assistance feature to website

By | | Uncategorized
Comments Off on Redfin adds down payment assistance feature to website

Starting Thursday, homebuyers can scout down payment assistance programs on Redfin listings, thanks to the brokerage’s new partnership with Down Payment Resource. Continue reading →