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  2. HOME Investment Partnerships Program - Wikipedia

    en.wikipedia.org/wiki/HOME_Investment...

    Home purchase or rehabilitation financing assistance – In this type of activity, the HOME program may provide a down payment for the purchase of a housing unit to a financial institution, thereby reducing the monthly mortgage payment of the loan balance for a low-income family that otherwise could not afford the monthly payment. The down ...

  3. Guide to first-time homebuyer loans and programs - AOL

    www.aol.com/finance/guide-first-time-homebuyer...

    HomePath Ready Buyer Program. Fannie Mae’s HomePath ReadyBuyer program is geared toward first-time buyers interested in a foreclosed home. After taking a required online homebuyer education ...

  4. First-Time Homebuyer’s Guide to Mortgage Loans, Programs and ...

    www.aol.com/first-time-homebuyer-guide-mortgage...

    First-time buyers often face a number of obstacles to purchasing their home. With an average age of 35, according to the National Association of Realtors, first-time homebuyers are 23 years younger...

  5. What does it mean when the median age of the first-time home ...

    www.aol.com/does-mean-median-age-first-130000425...

    There also are first-time home buyer classes they can take and down payment assistance programs.” Thurston County’s December housing data Single-family home sales rose 7.9% to 231 units last ...

  6. FHA insured loan - Wikipedia

    en.wikipedia.org/wiki/FHA_insured_loan

    FHA approved lenders use a program called Desktop Underwriter also known as DU for mortgage approval. [22] DU considers the potential borrower's debt ratio, reserves and credit score to make an automated credit decision. The FHA makes provisions for home buyers who have recovered from "economic events".

  7. USDA home loan - Wikipedia

    en.wikipedia.org/wiki/USDA_home_loan

    The USDA Home Loan Program does allow for considerations for expenses like Child Care. [8] To be eligible, one must be purchasing a property in a rural area, as defined by the USDA. The home or property that the potential buyer is looking to purchase must be owner-occupied; investment properties are not eligible for USDA loans.

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