Increasing Minority Homeownership and Freddie Mac HFA Advantage Conventional Mortgages

Description

Increasing Minority Homeownership - This course reviews minority homeownership data such as average income, DTI, loan channel and homeownership rates across the US and in TN. We discuss the most common barriers to minority homeownership and ways to overcome them. We also introduce you to local resources and tools and explore meaningful partnerships that can help increase minority homeownership in TN. We can’t solve the problem here but we will continue the conversation!

Freddie Mac HFA Advantage Conventional Mortgages – One of the biggest barriers to homeownership is accessing capital for down payments and closing costs. With THDA’s Freddie Mac HFA Advantage con-ventional mortgage product you now have another resource to help your buyers reach closing day. This two-hour class helps you learn the eligibility criteria, shows you where opportunities in the market exist, and teaches you how to put the pro-grams beneficial lending guidelines to the best use for your clients!

Guest Instructor: Josh McKinney