Homeownerhsip may be the cornerstone of the American Dream, but achieving it isn’t quite that simple. Even individuals and couples with steady incomes have a difficult time securing enough funds for a down payment and closing costs. Past medical, high rent, student loans, or financial difficulties have prevented them from from accumulating enough funds. Many of the State housing programs with down payment help or offer other assistance, but can carry restrictions that lock out qualified buyers.
Homeownership provides a sense of security that has a positive impact on the quality of life for individuals and families. That’s an outcome worth celebrating and one we can get behind.