Sentences with phrase «millennial mortgage help»
Do you need millennial mortgage help?
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Getting the best mortgage plans for the situation and making sure all the aspects of home ownership such as property taxes and are understood can help millennials plan for retirement.
The mortgage lender hopes this new program provides a way for the elderly to help the new millennial generation become homeowners.
«Our new Ellie Mae Millennial Tracker gives mortgage lenders perspective into the next generation of homebuyers in order to better serve them, and ultimately help make their homeownership dreams a reality,» said Joe Tyrrell, Ellie Mae executive vice president of corporate strategy.
«They're at that point where they're seeing their incomes grow, and that will help them take on bigger mortgages,» says Danielle Hale, chief economist for Realtor.com with reference to millennial renters.
A 2016 survey from Bank of America showed that 19 % of millennial homebuyers expected parents to help with their down payment, while 15 % expected help with monthly mortgage payments.