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2 Myths Holding Back Home Buyers Buyers overestimate the down payment funds needed to qualify for a home loan. According to the First Quarter 2017 Homeownership Program Index (HPI) from Down Payment Resource, saving for a down payment was the barrier that kept 70% of renters from buying. Rob Chrane, CEO of Down Payment Resource had.
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2 Myths Holding Back Home Buyers New rule may make it tougher to get reverse mortgage "New federal rules that kicked in last month may make it harder for some people to qualify for reverse mortgages," writes Next Avenue’s Richard Eisenberg. "But they’ll also make it more likely that those who do receive reverse mortgages will have fewer worries about them."
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