Sheryl Merritt, MBA, CEO/Broker, New Legacy Realty
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NAREB: Down Payment Assistance Programs Boost Home Ownership for Black Consum
For Black consumers and first-time homebuyers, saving for a down payment can be a significant hurdle. Families and individuals can often manage a monthly mortgage but lack the upfront resources for a down payment. However, crucial programs are available that can assist homebuyers with their down payments, making homeownership more accessible.
