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2. What is down payment assistance and how do you get it? - AOL

   www.aol.com/finance/down-payment-assistance...

   The 4 main types of down payment assistance Some DPA programs can be layered, meaning you can use more than one to help make your purchase affordable. Additionally, there are programs that partner ...

3. Down payment assistance: How it works and how to get it - AOL

   www.aol.com/finance/mortgage-down-payment...

   Here’s how to find down payment assistance and what you’ll need to qualify. ... April 19, 2024 at 3:00 PM. Key takeaways. Down payment assistance (DPA) programs provide homebuyers with loans ...

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

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

   Learn more:Best lenders for low- and no-down payment mortgages in 2024. Down payment assistance (DPA) options. There are many types of down payment assistance, including: Down payment assistance loans

5. 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 ...

6. American Dream Downpayment Assistance Act - Wikipedia

   en.wikipedia.org/wiki/American_Dream_Downpayment...

   Since 2013, buyers receiving down payment assistance from HOME are required to participate in pre-purchasing homeownership counseling, and in August 2021 full implementation of HUD regulations requiring counseling be provided by certified counselors employed by HUD-approved housing counseling agencies took effect standardizing the curriculum ...

7. Home Affordable Refinance Program - Wikipedia

   en.wikipedia.org/wiki/Home_Affordable_Refinance...

   Many people who purchased their home with a down payment of less than 20% of the purchase price were required to have private mortgage insurance (PMI). This is common practice with Freddie Mac or Fannie Mae loans. Having PMI attached to a loan made that loan easier to sell on the Wall Street secondary market as a "whole loan".