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

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

    A homebuyer grant is a type of down payment assistance that provides a one-time cash sum, often in the form of a no-interest second mortgage. The funds don’t have to be repaid. The funds don’t ...

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

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

    Depending on the program, the assistance you qualify for could include loans (sometimes forgivable) or grants to cover some or all of your down payment and closing costs. This assistance is ...

  4. UWM offers 0% down payment mortgages: Here are the ... - AOL

    www.aol.com/uwm-offers-0-down-payment-110225326.html

    The down payment assistance loan must be paid in full when you'd refinance the mortgage or pay off the mortgage, such as when you sell a home. It's not $5,000 or $10,000 or $15,000 that will ...

  5. American Dream Downpayment Assistance Act - Wikipedia

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

    However, providing down payment assistance to income-eligible buyers has always been an eligible use of HOME funds, so many of the state and local governments that receive HOME funds, called "participating jurisdictions" or "PJs," continue to operate down payment assistance programs locally. Due to the block grant nature of HOME, local programs ...

  6. Mortgage elimination - Wikipedia

    en.wikipedia.org/wiki/Mortgage_elimination

    Mortgage elimination is a type of mortgage fraud in the United States.In this scam, the promoter first convinces a mortgage holder that the debt that has been contracted is invalid or legally unenforceable, usually due to a combination of alleged technicalities in the note, deed of trust, or other loan documentation signed; the promoters often link their rationale for debt elimination to ...

  7. Guide to no-down payment mortgages: Am I eligible? - AOL

    www.aol.com/finance/no-down-payment-mortgage...

    United Wholesale Mortgage, for example, offers lower- to moderate-income borrowers conventional mortgages paired with a no-interest, payment-deferred loan that covers a 3 percent down payment on ...

  8. COVID-19 scams - Wikipedia

    en.wikipedia.org/wiki/COVID-19_scams

    In this variation of COVID-19 scams, the fraudster claims that the victim is eligible for a COVID-19 benefit payment. This scam is a derivative of the advance-fee scam, where the scammer will ask the victim for a small payment in return for the 'benefit'. The scammer will then ask for further payments under the guise of problems, until the ...

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

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

    Down payment grants. A down payment or first-time homebuyer grant is essentially free money to help you cover your down payment or closing costs. The grants are usually awarded to low- or moderate ...

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