| Government Resources |
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Affordable Housing and Community Investment - The
Community Investment Program (CIP) is a targeted housing and economic development loan program
authorized under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989. The purpose of
the CIP is to provide funding for community-oriented mortgage lending, which means providing loans to
finance home purchases by families whose incomes do not exceed 115 percent of the area median income; to
finance the purchase or rehabilitation of housing for occupancy by families; to finance commercial and
economic development activities that benefit low- and moderate-income households; and to finance projects
that include a combination of these activities |
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Energy Efficient Mortgages Internet Links - helps homebuyers or
homeowners save money on utility bills by enabling them to finance the cost of adding energy-efficiency
features to new or existing housing as part of their FHA-insured home purchase or refinancing
mortgage. |
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FDIC - Looking for the best mortgage - |
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Federal Reserve Board - Consumer Information - This page
lists information on credit cards, home mortgages, vehicle leasing, personal finance and
more. |
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Foreclosure Resources for Consumers - If you are having
difficulty making your mortgage payment, one of the most important things you can do is seek assistance. Eck
out these foreclosure resources. |
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Home Loan
Guaranty Service - This lists the general information on homebuying
available from the Veterans Benefits and Services. |
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HUD Grants
Available - This lists grants available through the Department of Housing
and Urban Development for the current fiscal year. |
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MakingHomeAffordable.gov - Information on federal home loan
modification and refinancing program. Offers features including interactive self-assessment tools to help
boowers determine if they're eligible to participate and calculate the monthly mortgage payment reductions
they may under the Making Home Affordable program. |
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Mortage
Insurance Program (HUD) - The Department of Housing and Urban
Development unveiled the HUD/FHA Homebuyer Protection Plan, a package of far-reaching reforms that will
benefit 800,000 families who get Federal Housing Administration mortgages each year by dramatically
reinventing FHA's home appraisal process. |
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Mortgage
Comparison Calculator - This mortgage calculator is designed to help you
compare the monthly payments and the amount of equity you will build in your home for several kinds of fixed
and adjustable-rate mortgages. |
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Mortgage Payments Sending You Reeling? Here's What to Do. - Explains different kinds of mortgages, what to do if you’re behind in your payments,
how to avoid default and foreclosure, and how to avoid predatory scams. |
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Send a
Question to Ginnie Mae - So many individuals and families dream of
having a house of their own, but many wonder how they could ever afford it. At Ginnie Mae our mission is to
promote accessibility to affordable housing for all Americans. This page is an online form to ask questions or
comments online. |
| Private Resources |
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Consumer Home Buying Guides - Four consumer-
focused guides to various stages of the home buying process. Developed by Fannie Mae Foundation, these
guides deliver practical, specific and concise information in a user-friendly format. |
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Fannie Mae
- Fannie Mae provides financial products and services that make it possible for low-, moderate-
and middle-income families to buy homes of their own. Since Fannie Mae has helped more than 30 million
families achieve the American dream of homeownership. |
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Freddie Mac - Freddie Mac purchases mortgages from lenders and packages them into securities
that are sold to investors. By doing so, we ultimately provide homeowners and renters with lower housing costs
and better access to home financing. |
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Grants
and Fellowships - The Fannie Mae Foundation nurtures community
growth and development through a variety of grants and fellowships each year. This is a great resource for
members of the community and its supporting organizations; the Foundation offers a variety of grants,
fellowships, and awards programs. |
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Home Loan
Learning Center - A comprehensive, unbiased resource for prospective
home buyers. You'll find tools, tips and information on getting a mortgage that is right for
you. |
