American Dream Downpayment Initiative
American Dream Downpayment Initiative
The American Dream Downpayment Initiative (ADDI) aims to increase the homeownership rate, especially among lower income and minority households. ADDI help first-time homebuyers with downpayment and closing costs. The program assists low-income ...
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Owner Occupied Property
Owner Occupied Property
A borrower uses the property as a primary residence.
An Owner Occupied loan is secured by property, typically with the borrower renting and occupying the space. If more than one unit, the lease payments may directly support principal and interest ...
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