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Broker Study: Major Changes Needed to Boost Black Ownership

NAREB’s 2020 study says Black homeownership will lag without major changes in public policy, lending, down payment assistance and forbearance period extensions. “You clearly see that structural and institutional remedies are necessary,” says NAREB President Williams. #floridacondotels #floridacondotelmortgage #floridacondotelfinancing

#floridacondotels #floridacondotelmortgage #floridacondotelfinancing

Rates posted assumes 25% down payment, and an ARM and fixed rate first mortgage on a Florida condotel, secondary residence. Additional required amounts such as taxes, insurance, home owner association dues, assessments, flood insurance or other such required payments should also be considered. Not all individuals will qualify for a mortgage loan. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. **Posted APR is based on Mortgage Assumptions
 
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