The new HomePath Ready Buyer Program, lets first-time homebuyers get up to a 3% rebate of a home’s purchase price if they buy a Fannie Mae property, so long as they complete an online homebuyer education course which costs $75.00. In addition to the 3% rebate, Fannie Mae will refund the cost of the homebuyer education course. […]
Bank of America announced the launch of its new web-based tool to guide consumers to down payment and closing cost assistance programs available in their region. The Bank of America Down Payment Resource Center is powered by Down Payment Resource™, developed by Atlanta-based Workforce Resource. RELATED LINK: Down Payment Resource Center
Here are four Utah Down Payment programs: 1. The Utah Housing Corporation which offers four types of loan programs – the FirstHome Loan, HomeAgain Loan, Score loan and NoMI Loan. 2. The Community Development Corporation 3. Habitat for Humanity 4. The U.S. Department of Housing and Urban Development lists some Utah-specific possibilities for residents: the […]
Popular homebuyer assistance programs are due to return in 2015. These programs offer down-payment assistance to those who meet income and credit qualifications. The Federal Home Loan Bank of Chicago offered up to $8,000 per transaction in 2014, and the Illinois Housing Development Authority offered the “Smart Move” (offering $6,000 per transaction) and the “Welcome […]
The Tennessee Housing Development Agency is a great resource for home buyers with mortgage loan programs that fund downpayments for first-time and repeat buyers, and eligible military personnel. You can lock in an approval from THDA for six months while your new home is being built. Visit www.THDA.org and GreatChoiceTN.com for more information.
The Tuscon Industrial Development Authority (IDA) provides mortgages with down payments and closing costs to income-qualified households. To learn more about the Tucson IDA and its programs, visit www.tucsonida.com, or contact Karen Valdez at Business Development Finance Corp., firstname.lastname@example.org or 882-5591, Ext. 126. Source: tucson.com