Lack of funds for a down payment is the reason many people give for not buying a home. But contrary to what some believe, the down payment doesn't need to be 20% or more of the purchase price. And for eligible homebuyers, financial help with the down payment is available.
Doing some research could really pay off. Where to start?
Read a new "Executive Perspectives" from VP of Single-Family Affordable Lending & Access to Credit Danny Gardner to learn more about down payments and down payment assistance programs.
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