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  • Free Money For Your Down Payment!

    February 5, 2015
  • According to a joint analysis from RealtyTrac and Down Payment Resource, there is an average of around $11,500.00 in available down payment assistance per buyer. Approximately 87% of single family homes would qualify for this assistance. According to Jonathan Smoke, chief economist at Realtor.com, “Consumers do not know about these programs, and those that do assume it’s more difficult to get than it is.”

    “It’s important for buyers to research down payment programs as part of their loan shopping process. The problem is, few people know his company exists—let alone that there is money out there to help them become homeowners. There’s a lot of missed opportunities here” said Rob Chrane, CEO of Down Payment Resource, a company started to help bridge the gap between these programs and home buyers.

    See the entire article,

    Free Money: $12,000 for Down Payment, Why Aren’t You Applying? By Chrystal Caruthers