Home purchase price excludes additional costs like taxes and insurance; shopping lenders, exploring loan programs, mortgage buydowns, and assistance reduces total housing expenses.
Down payment assistance reduces loan-to-value by about 6%, boosts mortgage qualification, and expands support for manufactured-home purchases amid rising prices and mortgage rates.
Arcasa launches Energy-Smart DPA on Down Payment Resource
The Energy-Smart DPA program, available with Federal Housing Administration (FHA) financing, helps homebuyers fund energy-efficient upgrades while removing the hurdle of a down payment.
Newlyweds are asking for this as a wedding gift -and it isn't a fancy espresso machine
"Most couples have already been living together by the time they get married, so they are less interested in registering for toasters and espresso machines, as they already have household items."