“It’s no secret that the combination of rising interest rates, limited inventory and growing property appreciation have made it more difficult for potential homebuyers to purchase in today’s market. While existing homeowners have benefitted tremendously from skyrocketing home equity, that trend has put buyers at a tremendous disadvantage,” Click n’ Close CEO Jeff Bode said in a Press release. “By combining our proprietary DPA programs with a shared appreciation option, we’re not only helping buyers get into a home more easily but also reap the benefit of homeownership from day one.”
The program is available to retail clients and through Click n’ Close’s wholesale division.
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Formerly known as Mid America Mortgage, Click n’ Close has been operating since 1940. It is also a leading provider of Section 184 home loans for Native Americans. The lender maintains direct relationships with major financing agencies like Fannie Mae, Freddie Mac, and Ginnie Mae, enhancing its access to capital markets and ensuring liquidity for its loan products. Click n’ Close also manages loan servicing in-house, which it believes guarantees consistent borrower service and enhances loan salability for its partners.
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Source: mpamag.com