Fannie Mae’s HomeReady program and the Special Purpose Credit Program (SPCP) offer significant assistance to first-time homebuyers, making the dream of homeownership more attainable. Here’s an overview of these programs…
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Comprendiendo el Programa Hometown Heroes en Florida
Introduction: The Hometown Heroes Program is an initiative aimed at making homeownership in Florida more accessible for eligible workers, particularly first-time, income-qualified homebuyers. Launched by Governor Ron DeSantis in 2022, the…
Las tasas hipotecarias caen por debajo del siete porciento: Un análisis detallado del cambio de mercado
In a welcome turn for prospective homeowners and those considering refinancing, mortgage rates have dipped below the 7% threshold, as recently reported by Freddie Mac. This marks a significant shift…
Fannie Mae Actualiza Directrices para Propiedades en Bienes Raíces Poseídas: Lo que Debes Saber
Fannie Mae, one of the leading entities in the mortgage and housing industry, has recently introduced significant updates to its guidelines concerning Real Estate Owned Properties (REOs). These updates primarily…
New FHA and Conventional Mortgage Limits for 2024
FHA Loan Limits MCL will accept the new loan limits on government products effective January 1, 2024. See each section below for specific requirements by product type. Miami Dade, Broward…
HomeReady Special Purpose Credit Program
Special Purpose Credit Program (SPCP) for HomeReady to help make homeownership more accessible for first-time homebuyers in underserved areas.WHAT IS IT?Down payment assistance grant$5,000 creditUp to $500 toward a 1-year…