Welcome to NAHREP®
Welcome to the home of the National Association of Hispanic Real Estate Professionals®. We are The Voice for Hispanic Real Estate® and proud champions of homeownership for the Hispanic community. Homeownership is the symbol of the American Dream, the cornerstone of wealth creation and a stabilizing force for working families. Our role as trusted advisors and passionate advocates is to help more Hispanic families achieve the American Dream in a sustainable way that empowers them for generations to come.
ESN Top 10: #7
ESN 67 - 3% Conventional loans are gone, what's next for the market?
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Hablando Business welcomes NAHREP Co-Founder and CEO, Gary Acosta, who was also recently appointed to serve on the advisory board of the Consumer Financial Protection Bureau (CFPB). Fannie Mae has removed their 3% down payment product from the market, effectively abandoning their commitment to first-time home buyers. Find out what affect this could also have on Latino home buyers and the market as a whole, and how dependence on FHA Loans may not be the best solution.
Nelson Ramos from Radian Guaranty stops by to talk private mortgage insurance in Hablando Business. More information and additional information is provided in the resources listed below.
- Comparing the cost of private MI and FHA
- Fast facts about private private MI
- Years to save for Downpayment and Closing Costs
Gary Acosta joined Armando for the eagerly awaited second part of his talk on 3% down payment. Gary talks about the different programs available to homebuyers and the implications of these options. More information about somehese options is provided below.
- Wells Fargo Home Mortgage low down payment loan options for qualified buyers
- Citi HomeRun Mortgage Program
- Additional Mortgage Options from Citi
Download the Qualified Mortgage Guide for Lenders referenced in this episode's War Room. Click on the link below.
Click Here to watch ESN 60
Download the HUD document referenced in this episode's War Room. Click on the link below.
Click Here to watch ESN 54
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