7 Markets With the Greatest Potential Impact of Down Payment Assistance

Mortgage Ready Buyers May Benefit from Down Payment Help

Homeownership Program Index analyzes 7 markets with the greatest potential impact of down payment assistance

Atlanta, GA, February 12, 2019 — The Down Payment Resource Third and Fourth Quarter 2018 Homeownership Program Index (HPI) reports the number of total programs decreased to 2,524, down just three programs from the second quarter. More than 85 percent (85.8%) of programs currently have funds available for eligible homebuyers, down one percent from second quarter.

Down Payment Resource (DPR) communicates with 1,313 program administrators to track and update the country’s wide range of homeownership programs, including down payment and closing cost programs, Mortgage Credit Certificates, affordable first mortgages and more. keep reading

How to Buy a Home With Down Payment Help

Down payment help sounds great, but how does it actually work? What process should you follow?

While down payment programs vary greatly by state and community, there are some universal steps that will help you stay on track if a homeownership program is part of your home financing plan. Let’s look at how it worked for one Florida buyer recently highlighted in Business Insider. keep reading

Be a Better Buyer: Ramp Up Your Homeownership Knowledge With These Resources

We’ve all heard it before — financial literacy and education is key to helping us become more prepared homebuyers. But, the internet is a big place. So, where do you begin? What experts should you follow?

We pulled together a short list of resources recently highlighted at an Urban Institute seminar about Barriers to Accessing Homeownership. Whether you want a person to be your guide or favor online tools, you’ll find something that fits your needs in this line up. keep reading