national housing benefit alliance: Keeping the Dream Alive when Credit is King!
- 03/09/11 04:36 AM
Changes in lending requirements have made realization of the "Amercian Dream" a mere fantasy for some. We now face a market in which credit score is KING! Although, state and local governments are trying to make buying a home more affordable through down payment assistance programs, buyers still must meet certain qualifying critieria. So, how does one overcome these challenges to attain the American Dream? National Housing Benefit Alliance (NHBA) and Renters Choice Realty (RCR), along with its partners, have created a program especially for prospective home buyers who for one reason or another may not qualify for a traditional mortgage. … (2 comments)
national housing benefit alliance: Show Me the Money! Down Payment Assistance Makes Home Buying Affordable
- 02/18/11 05:54 AM
The Home Buyer Tax Credit offered hope to would be home buyers. After it came and went, many are still saying, "Show Me the Money!" Even if you were not ready to purchase a home at the time, all is not lost. There a several programs available that provide first time home buyers with access to funds for down payment and closing cost assistance. Qualified buyers may be eligible for up to 5% of the purchase price or a specified dollar amount depending on the program. Some programs specifically target low to moderate income households. Others focus on Workforce Housing to … (0 comments)
Changes in lending requirements have made realization of the "Amercian Dream" a mere fantasy for some. We now face a market in which credit score is KING! Although, state and local governments are trying to make buying a home more affordable through down payment assistance programs, buyers still must meet certain qualifying critieria.
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