But as you explore your options, keep in mind that the best mortgage rate doesn't necessarily mean you're getting the
most affordable mortgage loan.
Through the HomeAccess program, NDHFA
provides affordable mortgage loans to low - to moderate - income buyers who are or who have single - parent, veteran, disabled or elderly household members.
Through the Start Program, NDHFA provides low - to moderate - income buyers
with affordable mortgage loans that include down payment and closing cost assistance.
FHA continues to provide home financing to moderate income borrowers while striking a balance between reducing its risk exposure and providing
affordable mortgage loans.
Being financially ready for buying a home is essential; finding
an affordable mortgage loan is your key to success.
FHA also insured approximately 20 % of mortgage refinance loans in 2009, which assisted approximately 800,000 families obtain stable,
affordable mortgage loans.
Through the Major Home Improvement Program, NDHFA provides
affordable mortgage loans to low - to moderate - income households to buy and rehabilitate a single - family home or to refinance and rehabilitate their present single - family home.
Through the North Dakota Roots (Roots) program, NDHFA provides
affordable mortgage loans to moderate - income buyers who may have previously owned a home.
NDHFA helps North Dakotans achieve successful homeownership with homebuyer education, down payment and closing cost assistance, and
affordable mortgage loans.
«It is vital to the economy that Congress take specific actions to boost the confidence of potential homebuyers in the housing market and make it easier for qualified buyers to get safe and
affordable mortgage loans.
That means fewer families would have access to
affordable mortgage loans, forcing more buyers into jumbo mortgages.