Page 4 - Purpose Credit Program News Today

Fannie Mae announced the launch of new programs designed to tackle the homeownership gap and the expansion of a downpayment assistance program.

/PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced new resources and programs to provide responsible access to housing and long-term sustainable...

Wells Fargo Home Lending is offering $10,000 Homebuyer Access grants that will be applied toward the down payment for eligible homebuyers who currently live…

Wells Fargo Home Lending is offering $10,000 Homebuyer Access grants that will be applied toward the down payment for eligible homebuyers who currently live in or are purchasing homes in eight...

/PRNewswire/ -- Today, KeyBank announced that it has funded more than $1 million in KeyBank Home Buyer CreditsSM since the programs launch in September 2022,...

Moderate income homebuyers in historically disadvantaged areas such as Philadelphia, Baltimore or Camden, may get $15,000 or more in down payment and closing cost help from several banks serving the

Wells Fargo has launched a new homeownership down payment program designed to help buyers purchase homes in majority Black census tracts.

The program will provide $10,000 Homebuyer Access grants to select communities in 8 cities, including Philadelphia.

Wells Fargo's Homebuyer Access grant program is available to those who have a combined 120% or less of the area median income (AMI). It's available in eight metros across the country.

Up to $12,500 in Down Payment Assistance and $5,000 Lender Credit Available to Eligible Homebuyers