The Down Payment Resource Fourth Quarter 2016 Homeownership Program Index (HPI) found that the number of total programs increased to 2,463, up 2.8 percent from the previous quarter. Approximately 87 percent (87.3%) of programs currently have funds available for eligible homebuyers, roughly unchanged from the previous quarter (87.9%). keep reading
If you’re considering buying a home, you’re probably in deep in research mode right now. In fact, most homebuyers do significant online research before engaging a lender or agent. And, if you’re here, you are likely researching about the down payment for your home purchase.
Home prices, along with down payments, are increasing, but down payment assistance programs can help make buying a home more affordable. We’re breaking down some of the most common myths about home financing and down payment programs. keep reading
When it comes to home loans and down payments, the good news is you have options. But, getting that home financing in order is still a big undertaking. You may have heard it’s best to put down 20 percent. That may be true for you…or maybe not. Like skinny jeans and binge watching, home loans aren’t one size fits all. keep reading