Most buyers overestimate what they need to buy a home—and miss out on thousands in help. In this episode, Tim Lucas and Craig Berry break down the exploding world of down payment assistance and how it can open doors faster than you think. You’ll learn:

• The Scale: Over 2,500 programs nationwide, with 45 new programs added last quarter
• Beyond Down Payments: 74% also help with closing costs, and ~40% aren’t just for first-timers
• Who Qualifies: 10% have no income limits; many allow manufactured homes (1,000+ programs) and 2–4 unit properties (860+ programs)
• Friendly Terms: 81% offer deferred-payment loans, 51% are forgivable after you live in the home for a set period; many others use ultra-low or 0% second mortgages
• Bigger Impact: Programs can lower your loan-to-value by ~6% on average—often the difference between renting and owning
• How to Start: Don’t self-reject. Talk to a HUD-approved housing counselor or a lender who specializes in assistance programs

For the full breakdown, read the article:
https://www.mortgageresearch.com/articles/down-payment-assistance-expanding-many-know-nothing-about-it/