What are the benefits of down payment assistance? For many prospective homebuyers, saving enough money for a down payment can take years. Even buyers who have enough income to comfortably afford a monthly mortgage payment may find that accumulating the cash needed upfront is the biggest obstacle to purchasing a home. Down payment assistance can …
What is the difference between DSCR/DCR/DSR loans?
A DSCR is an important term used to measure a property’s ability to cover its debt obligation. The main benefit is you can use the rental income to qualify.
Florida Hometown Heroes Housing Program Funds 2025
Funding for the Florida Hometown Heroes Program is halfway gone and first-time homebuyers could again be eligible for UP TO $35K or 5% of the loan amount.
How does a 2-1 buydown work?
Another factor driving the popularity of 2-1 buydowns is their appeal to both buyers and sellers. For buyers, the temporary reduction in interest rates can significantly reduce the upfront cost of buying a home. For sellers, offering a 2-1 buydown can make their property more appealing in a competitive market, particularly when mortgage rates may …
How to use a bridge loan to buy a home
A bridge loan is a financing option that allows you to use the equity of your current home as a source of funding for a new home.
Build equity by purchasing a home
While mortgage rates and home prices continue to dominate conversations about housing affordability, purchasing a home today is an investment in your future.
