crosscountry mortgage (CCM), the nation’s third largest retail mortgage lender, this week unveiled its latest initiative aimed at helping first-time home buyers overcome the financial barriers to home buying in today’s competitive housing market.
Thank you for reading this post, don't forget to subscribe!The CCM Smart Start program will provide up to $4,000 of down payment assistance to eligible individuals, giving them additional purchasing power.
“Saving for a down payment can be a major obstacle for first-time home buyers,” said CCM chief operating officer Jane Strachansky. “CCM Smart Start allows homebuyers to invest less cash, retain more savings and have more money to build their future.”
The program covers 2% of the down payment, provides up to $4,000 in assistance, and comes with few requirements. At least one borrower must be a first-time home buyer, and applicants must have incomes at or below 80% of the county area median income (AMI).
To determine eligibility for the CCM Smart Start program or to obtain more information, individuals are encouraged to contact a CCM loan officer.
CrossCountry Mortgage is the nation’s third largest retail mortgage lender with a network of nearly 600 branches in all 50 states and more than 7,000 employees. The company’s development and culture has been acknowledged nine times Inc 5000 List of America’s fastest growing private businesses.
CCM offers a range of more than 120 mortgage, refinance and home equity solutions, including conventional and jumbo mortgages, as well as government-insured programs for experienced and rural home buyers. The company is also a direct lender and approved seller and servicer Freddie Mac, fannie maeAnd ginnie mae,
This content was generated using AI, and is edited and fact-checked by HousingWire editors.
