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loanDepot Unveils accessZERO Program to Assist Homebuyers

loanDepot Unveils accessZERO Program to Assist Homebuyers

by Phil Hall | Nov 1, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

loanDepot Inc. (NYSE: LDI) has launched its “accessZERO” program to assist borrowers challenged with barriers to affordable homeownership. The new program is available nationwide for Federal Housing Administration purchase mortgages and offers up to 5% in down payment...
Study: Home Down Payment Averages Nearly $85,000

Study: Home Down Payment Averages Nearly $85,000

by Phil Hall | Oct 24, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A down payment on a home across the nation’s 50 largest metros averages $84,499, according to a new study from LendingTree (NASDAQ:TREE). This sum is slightly lower than the average of $84,983 recorded one year earlier. LendingTree noted that none of the 50 largest...
Homebuyers Increasingly Tap Into the Bank of Mom and Dad

Homebuyers Increasingly Tap Into the Bank of Mom and Dad

by Phil Hall | Oct 10, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Today’s homebuyers are receiving more than a little help from their families in their pursuit of the American Dream of homeownership. A new survey of 2,000 adults by LendingTree (NASDASQ:TREE) found nearly two in five homeowners (39%) have received down payment...
Zillow Home Loans Debuts 1% Down Payment Program

Zillow Home Loans Debuts 1% Down Payment Program

by Phil Hall | Aug 25, 2023 | Mortgage Information, News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Zillow Home Loans is rolling out its 1% Down Payment program that will enable home buyers to pay as little as 1% down on their next home purchase, with the company contributing an additional 2% at closing. The program is initially being offered on properties located...
FHLBank Indianapolis Increases HomeBoost Allocation to $2.5 Million

FHLBank Indianapolis Increases HomeBoost Allocation to $2.5 Million

by Phil Hall | Aug 1, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) has allocated $2 million in additional funds for its pilot HomeBoost down payment assistance program designed to expand minority homeownership. HomeBoost was announced by the bank in early July with an...
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