NDBT (North Dallas Bank & Trust)’s Post

First things first…❤️ Like this post and 💾 save for future reference. Share with anyone you know who might benefit from this info. How to Find Grants & Assistance ⬇️ Did you know HUD.gov lists nearly every state-offered program for homebuyers? Each state or city has its unique options, from incredibly low interest rates to down payment assistance and other perks. Here are 3 key things to consider: 1️⃣ Most programs have income caps. 2️⃣ Using them might make it harder to negotiate offers. 3️⃣ Refinancing might not be possible if you use a grant. Still, they’re always worth exploring! And if a grant doesn’t work out, Fannie Mae offers a 3% down program for first-time buyers. Follow → @RachaelMathes for more mortgage tips! Rachael Mathes Loan Officer NMLS 752708 Crown Mortgage (216)402-7701 #HomeBuyingTips #GrantsAndAssistance #FirstTimeHomeBuyer #MortgageOfficer #MortgageTips #HomeownerHacks #SaveOnInterest #LoanTips #InterestReduction

Prospective homebuyers looking for #downpaymentassistance might be eligible for a new Minnesota program, First-Generation Homebuyers. Funds for #downpayment assistance are expected to be available in early 2024. Learn more about the program, who can qualify, how to prepare for homeownership, and where to get support during the homebuying process: FirstGenDPA.org Our #HUDCertifiedProud housing counselors can provide advice and resources as you pursue the path to homeownership. Learn more: https://lnkd.in/eEk9rPrP #LSSFinancialCounseling

🏠Discover the story of Joe Almeida, AIME member, senior loan officer, and CEO of Redefine Loans, as he recounts his challenging journey to homeownership, fueling his passion to help others achieve the dream. Read more at Mortgage Professional America:

🏡 **Affordable Homeownership: Building Stronger Communities, One Home at a Time** 🏡 As a community development mortgage lender, I witness firsthand the transformative power of affordable homeownership. It’s not just about having a place to live; it’s about stability, security, and the opportunity to build generational wealth. Affordable housing is the cornerstone of thriving communities. When families can own homes, they invest more in their neighborhoods, local businesses flourish, and children benefit from the stability of a consistent school environment. Yet, the journey to homeownership can be daunting. My mission is to guide aspiring homeowners through this process, ensuring they have access to the resources, education, and support needed to achieve their dreams. By offering affordable mortgage solutions, we can help bridge the gap, making homeownership a reality for more families. Together, let’s continue to champion initiatives that support affordable housing and foster economic growth within our communities. If you’re passionate about community development or have any questions about affordable homeownership, let’s connect! 🤝 #CommunityDevelopment #AffordableHousing #Homeownership #EconomicGrowth #RealEstate #MortgageLending #CommunitySupport

Thanks to IHCDA for the shout out and opportunity to reflect on residential Appraisals and Valuations. If you have any questions on how our services may impact you please reach out at www.appraiservendor.com or https://lnkd.in/ge38gqVE Being educated and informed on what to expect through the home buying process is key to fewer surprises. #homebuyingpower #AppraisalQC #MortgageProcessing

(Please like AND SHARE - it's important) ATTENTION ATTENTION......How much do you really know about homeownership? In a new quiz testing first-time home buying knowledge, the average score is only 57%! This quiz was launched by FirstHome IQ, the new nonprofit I’m supporting as an Inaugural Ambassador. We are here to help the next generation become more financially literate. It's clear there's a lot of confusing information out there about homeownership. But don't worry, I'm here to guide you every step of the way. If you’re curious about your FirstHome IQ score, head over to firsthomeiq.com/getmyscore and once you have your results, let's chat about sharpening your homeownership knowledge together (lending nationwide)! No matter what 'they' say or you hear, there are still amazing options to purchase a home!

According to a study conducted by the National Association of Realtors, Black homeownership still lags behind white homeownership by almost 30%, despite recent increases. This disparity can be attributed to systemic factors, such as redlining and inequitable access to mortgage credit. To address this, Habitat for Humanity launched the “Advancing Black Homeownership” initiative, which aims to dismantle the bias that has prevented Black families from accessing intergenerational wealth.

Embracing the Journey to Homeownership: It's A-OKAY to get a little help from family! Many under-30 homebuyers are using gift funds from loved ones to make their down payment dreams a reality, and that's a fantastic start! But guess what? There's a world of assistance programs out there, so even if you can't rely on family gifts, you've still got options! #brokersarebetter #IndependentMortgageBroker #housing #VA #HomeownershipDreams #FamilyGifts #DownPaymentAssistance #YoungHomebuyers #UnlockingOpportunities

It can seem like owning a home is a distant dream, but did you know that there are programs to help first-time homebuyers? To incentivize buyers to consider Neighborhood Stabilization Program (NSP) homes, Volusia County has a program that offers a deferred payment loan to eligible households. This loan is for down payment assistance, gap financing, and closing costs on NSP homes. NSP homes are located in unincorporated Volusia County and they’re owned by the county for the purposes of neighborhood revitalization. They’re not available for sale to investors or cash buyers. These homes do appear on the MLS website, and they’re made available on a first-ready basis to buyers who have received a commitment letter from Community Assistance. Want to learn more? Contact our knowledgeable realtors: 📞 386-200-1860 #ChoosePalmetto #PalmettoRealty #DeLandRealty #BuyingLand #SellingLand #Property #SupportLocal #VolusiaCounty #DeLand #OrangeCity #DeBary #DeLeonSprings #WestVolusiaCounty #RealEstate #FloridaRealEstate #LandSales #LakeHelen #DaytonaBeach