Homeownership assistance programs are increasing across the United States, according to Down Payment Resource’s (DPR) Homeownership Program Index. The Index measures homeownership programs available across the country and the percentage of funded programs.
The report highlights the wide range of opportunities available for all types of buyers — not just for first-time homebuyers — with 36% of the programs not including a first-time homebuyer requirement. More than 14% of programs are available to veterans, protectors, firefighters, educators, buyers with a disability and other special circumstances.
Down Payment Resource, a search engine for homebuyer assistance programs, aggregates the benefits and eligibility requirements for programs including down payment assistance, grants, affordable first mortgages and tax credits.
Castle & Cooke Mortgage offers several down payment assistance programs. Find out what loan option is right for you.