Agents: Serve first-time homebuyers well and everyone wins Kris Rosser Schmitt, Illinois based agent and managing broker at the Barbier Agency, has fueled her business with first-time homebuyers since 2001. Why? “As...
What is PITI? Understanding and Saving on Your Mortgage Loan PITI is a very important acronym if you’re a homeowner with a mortgage. It consists of four important factors in your monthly housing costs:...
What Homebuyer Hopefuls Want From Agents and Lenders Renters who want to buy in the future may feel like they have the cards stack against them. We know the big issues: lack...
Hispanic Homeownership Growth Bucks National Trend Hispanics are earning more money, becoming better educated, and forming households at a faster pace than any other demographic, according to the 2016 State...
Down Payment Resource Named 2017 HousingWire Tech100 Winner We are proud to announce that Down Payment Resource was named one of 2017’s most innovative technology companies by HousingWire TECH100™. Down Payment Resource...
New Program Tackles Student Loan and Down Payment Challenges The high cost of student loans get blamed for a lot today—millennials living with parents again, delaying marriage and homeownership. The first-time homebuyer market...
What Lenders are Really Thinking When They See Your Credit Score Without a high credit score, you won’t qualify for the best mortgage rates available, which could mean you’ll end up paying more money over...
New Growth in Tax Credit Programs for Homebuyers The Down Payment Resource Fourth Quarter 2016 Homeownership Program Index (HPI) found that the number of total programs increased to 2,463, up 2.8 percent from...
20 Percent Down or Not? That is the Question. When it comes to home loans and down payments, the good news is you have options. But, getting that home financing in order is...
FHA: Affordable or Not? If you’re a first-time homebuyer, you’ve likely heard of an FHA loan. Why do so many first-timers flock to FHA? These loans, insured by...
