Minnesota Down Payment Assistance and Grant Locator

Dirty Secrets about Down Payment Assistance

What could be dirty about down payment assistance?  It helps you buy a house, without having to put all of your money down.  What's not to like?  The dirty little secret is that 95 out of 100 loan officers have never done a down payment assistance loan.  They are more work, require most lenders to be certified and normally pay less than a non down payment assistance loan.   You might ask, so what?

Read More