But the truth is, down payment assistance is available for a wide range of potential homebuyers in many different situations. (pennymacusa.com)
For potential homebuyers attempting to set aside money for a house, pay down debt and student loans and make monthly rent payment, a 20 percent down payment is an enormous obstacle. (blog.compmort.com)
To this end, there are income limitations in certain areas to make sure the program can help as many potential homebuyers as possible. (pennymacusa.com)