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Opinion: Are lenders dropping the ball on homeowner assistance?

An unfortunate, though common, misconception among lenders is that purchasing a home with homebuyer assistance is not feasible in the current competitive market. In fact, well over half a million people purchased homes with the help of these programs in the last year.
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National Homeownership Month: Down Payment Resource analysis finds that 33% of declined mortgage applications are addressable with homebuyer assistance

ENewsChannels NEWS: -- Down Payment Resource (DPR), the nationwide database for U.S. homebuyer assistance programs, today announced findings from an analysis showing that a substantial share of mortgage loan applications are both declined for reasons that can be addressed with homebuyer assistance and eligible for homebuyer assistance programs. :: News from eNewsChannels
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