Can No Down Payment Mortgages Close the Homeownership Gap?
Pro Builder
SEPTEMBER 2, 2022
cities, but in the event of a housing downturn, the program could burden more recipients than it benefits. Borrowers will qualify if they show on-time rent, utility, and other payments, but if the housing market slips into a downturn, the recipients of these loans could end up owing more than their homes are worth. Financing.
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