Lower Down Payments Make Homeownership More Accessible

Lower Down Payments Make Homeownership More Accessible Although DownPayment Resource is reporting in their Down Payment Report for June that homeownership is struggling—63.9 percent of the population and falling—newer “super low down” loans are starting to become more popular with millennials to get their foot in the home-ownership door. The standard 20 percent down payment … Continue reading Lower Down Payments Make Homeownership More Accessible

Homebuyer Hurdles

Check out these articles ~ The Down Payment is the Big Thing   Millennial Homebuyer Capacity is Shrinking   Rising Mortgage Rates Leave First-Time Buyers Timid

Young adults need to save for at least 5 years to buy a home: study

Young adults need to save for at least 5 years to buy a home: study We know buying a home isn’t a realistic possibility for most Americans. Particularly among homebuyers 35 and younger, affordability is a central concern, with 32.5% citing it as their primary worry. Only 7% said they had no concerns about the … Continue reading Young adults need to save for at least 5 years to buy a home: study

Down Payment Assistance ~ Riverside

Down Payment Assistance Thank you for your interest in our Down Payment Assistance Program. The City of Riverside has recently been awarded a CalHOME Grant from the State of California Department of Housing & Community Development. As of January, 2016, funds are still available!  Please contact a lender from our approved Lender list below in … Continue reading Down Payment Assistance ~ Riverside

$0 Money Down Mortgages

You can still find "No Money Down" mortgages, but are they worth the risk? From MainSt 11/25/14 No money down mortgages? Do those still exist? In the wake of the financial crisis of 2008 and the collapse of the housing bubble, a lot of people think that the no money down mortgage has gone the … Continue reading $0 Money Down Mortgages