Zillow is the latest lender to offer a 1% down purchase mortgage
UWM and Rocket Mortgage are also leveraging Fannie Mae and Freddie Mac programs tailored to borrowers earning less than 80% of the area median income
by Matt Carter Aug 25
California puts another $200M into shared appreciation loans
CalHFA may revise guidelines of Dream For All loan program after 1st $300M earmarked to help first-time homebuyers with down payments ran out in less than 2 weeks
by Matt Carter Jul 18
8% of buyers got down payment help from family this year: Survey
A new survey of 1,700 real estate agents this spring found that homebuyers in the Northeast and in Southern California were the most likely to get financial help from their family
by Jim Dalrymple II Jul 3
Rocket's new 1% down mortgage also picks up tab for PMI
A hypothetical buyer putting down $2,500 to purchase a $250,000 home could save $20,500 in private mortgage insurance payments over 7 years, lender estimates
by Matt Carter May 22
Freddie Mac spotlights lenders for promoting affordable loans
UWM, Rocket Mortgage and Fairway were enthusiastic backers of Freddie Mac's Home Possible mortgage in 2022, which lets low-income homebuyers put as little as 3% down
by Matt Carter May 15
How to talk to clients about money (and all the rest): The Download
Agents can deal with economic headwinds by understanding their buyers' mindset and helping them tap into down payment resources
by Christy Murdock May 5
Unlock homeownership with down payment assistance programs 
As a real estate agent, it's not enough just to conduct the transaction. Provide education and service that will help make it possible in the first place
by Ernesto Vargas May 3
Homebuyers have appetite for down payment assistance info, Zillow says
Zillow revealed Thursday that 1M users have queried its Down Payment Resource database since the real estate search portal partnered with the data provider a year ago as home prices soared
by Matt Carter Dec 15
Minneapolis Realtors apologize for racial discrimination in real estate
'Minneapolis Area Realtors apologizes to all members of the community who have been burdened, denied service, or ignored by our actions.' Trade group also releases policy changes
by Andrea V. Brambila Oct 12
Redfin adds down payment assistance feature to website
Starting Thursday, homebuyers can scout down payment assistance programs on Redfin listings, thanks to the brokerage's new partnership with Down Payment Resource
by Marian McPherson Oct 6
Seed funding of $2.6M poured into rent-to-own app Gravy
Gravy exists in a quickly growing sector of industry providers that marries financial services with homebuying assistance and resources
by Craig C. Rowe Apr 26
A black couple unpacking boxes in their new home
A new fund launched with help from the Seattle-based brokerage offers deferred, low-interest loans of up to $12K for home purchase costs
by Andrea V. Brambila Feb 17
laptop on desk
Sifting through the never ending sea of real estate tech offerings can be exhausting, not to mention overwhelming. Consider this your go-to guide for cutting through the noise and choosing the platforms and tools that will serve you best in 2022 and beyond
by Bernice Ross Dec 22
How agents can utilize Zillow's Down Payment Resource deal
Zillow’s move into the down payment assistance space will be a boon to buyers struggling to save for a house. The benefits assistance can bring to homeowners are huge. The question is whether you will you seize this opportunity to grow your business
by Bernice Ross Dec 16
Zillow listings now link buyers with down-payment assistance info
The Seattle-based home portal has added a new listing feature that connects a buyer with details about down-payment programs in their area
by Daniel Houston Dec 15