Since 25% of Americans now have a FICO score under 600---lower the down payment requirement for the masses!
The pilot program is called “Affordable Advantage,” and it has now been adopted by three states — Massachusetts, Wisconsin and Idaho. (Other states, such as Pennsylvania, California and Colorado, have similar state programs.)
In Tom Brady country, you have 168 lenders that are making these
$1,000 down loans already.
Coming soon to a lender near you!!
What a great idea, what could go wrong?
Recovery here we come!
They should charge $1,000 for homes so everyone gets one and we'll never have to worry about housing crash anymore.
Palmoni, what do you think of tomorrow?
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