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- Programs that help minorities buy homes include12:
- Fair Lending Enforcement Program: This federal program ensures that minority home buyers seeking mortgages are treated fairly by lenders and other related businesses.
- American Dream Downpayment Initiative: Federal Housing Assistance provides down payment assistance.
- Rescue Loan Program: This program provides loans to help homeowners avoid foreclosure.
- Certain mortgage lenders have expanded accessibility to homeownership for minority communities. Those who qualify with participating lenders could get help in the form of no down payment requirement, a lender credit, or a grant program2.
Learn more:âś•This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Mortgage Programs for Minorities
- Fair Lending Enforcement Program This federal program ensures that minority home buyers seeking mortgages are treated fairly by lenders and other related businesses. ...
pocketsense.com/mortgage-programs-minorities-6…Certain mortgage lenders have expanded accessibility to homeownership for minority communities. Those who qualify with participating lenders could get help in the form of no down payment requirement, a lender credit, or a grant program.www.investopedia.com/mortgage-lenders-expandin… - People also ask
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