Home for sale – 98 Academy Ln Broomall, PA 19008 Delaware County

Home for sale – 98 Academy Ln Broomall, PA 19008 Delaware County

 

  • 4 Beds
  • 3 Baths
  • 2,068 sqft
    $525,000
    Est. Mortgage $2,875/mo

 

Home for sale - 98 Academy Ln Broomall, PA 19008 Delaware County

Home for sale – 98 Academy Ln Broomall, PA 19008 Delaware County

Description about this home for sale at 98 Academy Ln Broomall, PA 19008

Beautifully landscaped lot.12 x 20 sunroom. unattd concrete patio/shed pad. XL Driveway. Lots of natural light/ vinyl replacement windows, laundry/mud room with lots cabinetry/quartz counter, pantry or coat closet. Center hall colonial with tile floors in foyer/hallway/kitchen/Laundry. Beautiful HW Oak floors in living room/dining room/stairs. DR has crown/chair molding. Crown continues throughout living room/foyer/hallway and family room. FR has HW and a lovely brick wood burning fireplace with built-in bookcases. Fr doors to sunroom with new steps down to fenced in backyard. New Kitchen with gorgeous solid wood, soft close, custom Amish hand made cabinetry stained a beautiful shade of weathered wood maple with black glazing. They are dovetailed drawers w Blum slides and a Quartz countertop in Iced White Is icing on the cake! Beautiful double SS under-mount Sink With quality German Grohe faucet and soap dispenser and garbage disposal. Cabinets have a pullout cutting board, inserts in some cabinets and drawers, extra drawers to make kitchen more efficient. And there is space if you want to add an island it if you prefer to add additional cabinetry/counter space. Can provide buyer with kitchen designer info. Whole house central vac. Upstairs you will love the beautiful new engineered wood floors and larger bedrooms all with nice closet space And plentiful windows. The hallway bathroom had been updated as well as master bathroom . The roof has been replaced in 2016 with a transferable warranty and the home was stucco inspected and all areas of concern listed were professionally repaired. (Copy of report available for review). Very large basement fur your future plans. Great 2 car garage with ramp from laundry/mud room. One garage door opener replaced in 2016 with top quality opener. The home is ready to move into . All new light fixtures inside and outside all within last few years. This home is a must see! In a great neighborhood and great schools in Marple twp.

Home Details on this home for sale at 98 Academy Ln Broomall, PA 19008
  • Single Family Home
  • $254/sqft
  • Lot Size: 10,560 sqft
  • Built in 1987
  • 3 Days on Trulia
  • 10 Rooms
  • Rooms: Dining Room, Family Room, Laundry Room, Pantry, Recreation Room
  • Heating: Other
  • Heating Fuel: Gas
  • Cooling System: Central
  • Air Conditioning
  • Washer
  • Dryer
  • Refrigerator
  • Microwave
  • Dishwasher
  • Disposal
  • Floors: Hardwood, Tile
  • Fireplace
  • Double Paned Windows
  • Parking: Attached Garage, Off Street, On Street
  • Garage
  • Parking Spaces: 2
  • Basement
  • Colonial Architecture
  • Stories: 2
  • Exterior: Brick Stucco
  • Roof: Shake Shingle
  • Patio
  • Lawn
  • Disabled Access
Public Records for this home for sale at 98 Academy Ln Broomall, PA 19008
  • 4 Beds
  • 2 Baths
  • 2,068 sqft
  • Single Family Home
  • 10,560 sqft lot size
  • Built in 1987
  • County: Delaware
  • Heating: Central
  • Parking: Garage
  • Parking Spaces: 2
  • Basement: Full Basement
  • Units: 1
  • Stories: 2 story with basement
  • Conventional
  • Exterior: Stucco
  • Land Use Code: Single Family Residential
  • MARPLE TWP.

PLEASE NOTE: Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale, they may also have updated pricing and conditions. Please Contact Me for more information about this home for sale at 98 Academy Ln Broomall, PA 19008 in Delaware County and other Homes for sale in Delaware County PA and the Wilmington Delaware AreasAnthony DiDonato
ABR, AHWD, RECS, SRES
, SFR
CENTURY 21 All-Elite Inc.

Home for Sale in Delaware County PA Specialist
3900 Edgmont Ave, Brookhaven, PA 19015
Office Number
: (610) 872-1600 Ext. 124
Cell Number: (610) 659-3999 {Smart Phones Click to Call}

Direct Number: (610) 353-5366 {Smart Phones Click to Call}

Fax: (610) 771-4480

Email:
anthony@anthonydidonato.com
Call me for info on this home for sale at 98 Academy Ln Broomall, PA 19008 in Delaware County

Instant Curb Appeal

Instant Curb Appeal

 

Instant Curb Appeal

Instant Curb Appeal

 

From landscaping to exterior finishes, there are plenty of ways to make your listing a standout in curb appeal. Houzz, a home remodeling website, recently showed off a few high-impact ways to boost a home’s exterior aesthetic.

Paint the front door. Put a fresh coat of paint on the front door, which is what potential buyers will be seeing first. Also, consider an entirely new color for the front door to get attention. Black is a trending color.

Add some dramatic lighting. New lighting can instantly transform a space, and the outside lighting is no exception. Try a new overhead light above the front door to add ambiance to the front porch. Path lights or new sconces can also make an impact.

Swap out the railings. The railings can be a way to make a home look more modern. “It doesn’t necessarily have to match the style of your house, as eclectic-style homes are the norm these days,” Houzz notes in its article.

Source:
10 Surefire Ways to Boost Curb Appeal,” Houzz (Nov. 2, 2019)

Home for sale – 2152 Kingswood Ln Broomall, PA 19008 Delaware County

Home for sale – 2152 Kingswood Ln Broomall, PA 19008 Delaware County

 

  • 4 Beds
  • 3 Baths
  • 3,628 sqft
    $630,000
    Est. Mortgage $3,424/mo

 

Home for sale - 2152 Kingswood Ln Broomall, PA 19008 Delaware County

Home for sale – 2152 Kingswood Ln Broomall, PA 19008 Delaware County

 

 

 

 

 

Mortgage Rates Rise Again

Mortgage Rates Rise Again

Mortgage Rates Rise Again

Mortgage Rates Rise Again

For the third consecutive week, the interest rate for the 30-year fixed-rate mortgage increased. The rise came despite the Federal Reserve cutting its key benchmark rate for the third time this year. The Fed’s interest rate often influences mortgage rates.

However, home buyers are still taking advantage of historically low mortgage rates, Freddie Mac reports. “Purchase activity continues to show strength, indicating obvious homebuyer demand,” says Sam Khater, Freddie Mac’s chief economist. “However, the lack of housing supply remains a major barrier to not just the housing market but the overall economic recovery.”

Freddie Mac reports the following national rates for the week ending Oct. 31:

30-year fixed-rate mortgages: averaged 3.78%, with an average 0.5 point, rising from last week’s 3.75% average. Last year at this time, 30-year rates averaged 4.83%.

15-year fixed-rate mortgages: averaged 3.19%, with an average 0.6 point, rising from last week’s 3.18% average. A year ago, 15-year rates averaged 4.23%.

5-year hybrid adjustable-rate mortgages: averaged 3.43%, with an average 0.4 point, up from last week’s 3.4% average. A year ago, 5-year ARMs averaged 4.04%.

Source:

Home for sale – 351 Kent Rd Broomall, PA 19008 Delaware County

Home for sale – 351 Kent Rd Broomall, PA 19008 Delaware County

 

  • 4 Beds
  • 3 Baths
  • 2,640 sqft
    $625,000
    Est. Mortgage $3,402/mo

 

Home for sale - 351 Kent Rd Broomall, PA 19008 Delaware County

Home for sale – 351 Kent Rd Broomall, PA 19008 Delaware County

Description about this home for sale at 351 Kent Rd Broomall, PA 19008

**New Photos Coming Soon**Say hello to cul de sac living in this custom 4 bed, 2.5 bath updated Stone Colonial. The spacious well maintained home offers beautiful hardwood floors, cathedral ceilings in the family room, an open large kitchen with a great flow for entertaining and easy access to the deck. A custom built laundry room makes doing wash a breeze. Upstairs you will find a full hall bath with 3 great sized bedrooms. The Master suite includes a master bath with an oversized walk in closet. Your fully finished basement provides access to your 2 car garage while offering a convenient half bath, an office and additional entertainment space with plenty of storage! Other upgrades include a full home gas backup generator. First available showings start on 11/2 at the Open House from 12-2!

Open House at this home for sale at 351 Kent Rd Broomall, PA 19008
Saturday, November 02
12:00 PM to 2:00 PM
Home Details on this home for sale at 351 Kent Rd Broomall, PA 19008
  • Single Family Home
  • $237/sqft
  • Lot Size: 1.3 acres
  • Built in 1989
  • 1 Day on Trulia
  • 10 Rooms
  • Rooms: Family Room
  • Heating: Forced Air
  • Heating Fuel: Gas
  • Cooling System: Central
  • Air Conditioning
  • Dishwasher
  • Disposal
  • Floors: Carpet, Hardwood, Tile
  • Fireplace
  • Parking: Attached Garage
  • Garage
  • Parking Spaces: 2
  • Colonial Architecture
  • Stories: 2
  • Exterior: Stucco
  • Disabled Access
  • MLS/Source ID: PADE503504
Public Records for this home for sale at 351 Kent Rd Broomall, PA 19008
  • 4 Beds
  • 2 Baths
  • 2,640 sqft
  • Single Family Home
  • 1.3 acres lot size
  • Built in 1989
  • County: Delaware
  • Heating: Central
  • Parking: Garage
  • Parking Spaces: 2
  • Basement: Full Basement
  • Units: 1
  • Stories: 2 story with basement
  • Colonial
  • Exterior: Stucco
  • Land Use Code: Single Family Residential
  • MARPLE TWP.

 

PLEASE NOTE: Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale, they may also have updated pricing and conditions. Please Contact Me for more information about this home for sale at 351 Kent Rd Broomall, PA 19008 in Delaware County and other Homes for sale in Delaware County PA and the Wilmington Delaware AreasAnthony DiDonato
ABR, AHWD, RECS, SRES
, SFR
CENTURY 21 All-Elite Inc.

Home for Sale in Delaware County PA Specialist
3900 Edgmont Ave, Brookhaven, PA 19015
Office Number
: (610) 872-1600 Ext. 124
Cell Number: (610) 659-3999 {Smart Phones Click to Call}

Direct Number: (610) 353-5366 {Smart Phones Click to Call}

Fax: (610) 771-4480

Email:
anthony@anthonydidonato.com
Call me for info on this home for sale at 351 Kent Rd Broomall, PA 19008 in Delaware County

A new testimonial from a client.

Testimonials

from    Kait and Tabius for 157 Logan St, Woodbury, NJ, 08096.

My boyfriend and I floated onto the idea of buying a home together in early 2019. We weren’t sure if we wanted to take it seriously just yet since we figured we were going to have a hard time finding someone we trusted to help us with such a huge deal. My mom recommended Anthony Didonato for us, as we were planning on settling, if settling in Delco. I sent out an email, and he responded SUPER quick, And even helped me set up everything with our mortgage broker (who he also works hand in hand with- and that wound up being SO convenient) to begin the process of buying a home. We looked in delco for a little while, and couldn’t see ourselves fitting in completely- soon enough we started suggesting New Jersey. It was SUCH an awesome feeling knowing i had a realtor that was so flexible (and licensed in nj, pa, and de) to show us our other options! I can only try to explain how comfortable and easy he made settling into our first home; if you’re looking for a new place- contact him and see it for yourself! Knowledgeable, personable, and gets things done! Best realtor we could’ve gone with!

Home for sale – 2755 Old Cedar Grove Rd Broomall, PA 19008 Delaware County

Home for sale – 2755 Old Cedar Grove Rd Broomall, PA 19008 Delaware County

 

  • 4 Beds
  • 4 Baths
  • 4,300 sqft
    $739,900
    Est. Mortgage $4,041/mo

 

Home for sale - 2755 Old Cedar Grove Rd Broomall, PA 19008 Delaware County

Home for sale – 2755 Old Cedar Grove Rd Broomall, PA 19008 Delaware County

Description about this home for sale at 2755 Old Cedar Grove Rd Broomall, PA 19008

Don’t let this fabulous newly constructed home pass you buy!!! Awesome opportunity to live the dream in this 2800 sq’ custom Colonial situated on picturesque setting in one of Marple’s finest locations .Quality built by local and reputable eBuild construction. 4 spacious Bedroom, 3.5 upscale Baths. Nicely sized Master Bedroom w/tray ceiling, luxurious master bath, 2 walk-in closets, 2nd bedroom with Princess bath 2 additional bedrooms, hall bath.. .Gourmet E/I Kitchen w/ granite center island , custom cabinetry and breakfast area that opens to a large fireside family room with sliders leading to covered deck that overlooks deep private wooded lot. Rooms are beautifully accented with crown molding and wainscoting. Tastefully painted with crisp contrasting colors. Walk out basement w/9′ ceilings that offers many possibilities. A Must See!!!

Home Details on this home for sale at 2755 Old Cedar Grove Rd Broomall, PA 19008
  • Single Family Home
  • $172/sqft
  • Lot Size: 0.8 acres
  • Built in 1954
  • 1 Day on Trulia
  • 7 Rooms
  • Rooms: Walk In Closet
  • Heating: Forced Air
  • Cooling System: Central
  • Air Conditioning
  • Floors: Carpet, Hardwood
  • Fireplace
  • Parking: Attached Garage
  • Garage
  • Colonial Architecture
  • Stories: 2
  • Exterior: Stone Vinyl
  • Disabled Access
  • MLS/Source ID: PADE503068
Public Records for this home for sale at 2755 Old Cedar Grove Rd Broomall, PA 19008
  • 3 Beds
  • 2 Baths
  • 1,428 sqft
  • Single Family Home
  • 0.8 acres lot size
  • Built in 1954
  • County: Delaware
  • Heating: Central
  • Parking: Garage
  • Basement: Full Basement
  • Units: 1
  • Stories: 2 story with basement
  • Cape Cod
  • Exterior: Brick
  • Land Use Code: Single Family Residential
  • MARPLE TWP.

 

PLEASE NOTE: Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale, they may also have updated pricing and conditions. Please Contact Me for more information about this home for sale at 2755 Old Cedar Grove Rd Broomall, PA 19008 in Delaware County and other Homes for sale in Delaware County PA and the Wilmington Delaware AreasAnthony DiDonato
ABR, AHWD, RECS, SRES
, SFR
CENTURY 21 All-Elite Inc.

Home for Sale in Delaware County PA Specialist
3900 Edgmont Ave, Brookhaven, PA 19015
Office Number
: (610) 872-1600 Ext. 124
Cell Number: (610) 659-3999 {Smart Phones Click to Call}

Direct Number: (610) 353-5366 {Smart Phones Click to Call}

Fax: (610) 771-4480

Email:
anthony@anthonydidonato.com
Call me for info on this home for sale at 2755 Old Cedar Grove Rd Broomall, PA 19008 in Delaware County

Most Common Siding Used on Homes

Most Common Siding Used on Homes

 

Most Common Siding Used on Homes

Most Common Siding Used on Homes

The most common siding used on new homes can vary by geographic region, but nationally, vinyl and stucco are the overall favorites. The most common exterior wall materials on homes started last year were vinyl and stucco, at 26% each, followed by brick or brick veneer at 21%, and fiber cement siding (like Hardiplank or Hardiboard) at 20%. Only about 1% of homes had stock or rock used as their principal exterior wall material, the National Association of Home Builders reports on its Eye on Housing blog.

In the Middle Atlantic and New England region, 74% of new homes started used vinyl siding. However, in the Pacific, Mountain, and South Atlantic regions, the most commonly used exterior wall coverage was stucco. In the West South Central division, brick or brick veneer was the most popular choice.

 

Source:
Most Common Siding on New Homes Are Vinyl and Stucco in 2018,” National Association of Home Builders’ Eye on Housing blog (Oct. 21, 2019)

Home for sale – 101 Academy Ln Broomall, PA 19008 Delaware County

Home for sale – 101 Academy Ln Broomall, PA 19008 Delaware County

 

  • 6 Beds
  • 4 Baths
  • 2,430 sqft
    $529,900
    Est. Mortgage $2,925/mo

 

Home for sale - 101 Academy Ln Broomall, PA 19008 Delaware County

Home for sale – 101 Academy Ln Broomall, PA 19008 Delaware County

Description about this home for sale at 101 Academy Ln Broomall, PA 19008

2bedroom – Apartment/In-Law Suite Attached This House is a must see in Marple Township. One of a kind colonial positioned on a quiet cul-de-sac with easy access to entire Philadelphia community! It includes a Private entrance, 2 BEDROOM IN-LAW SUITE with a newly renovated kitchen, full bath, laundry room and private patio! Entering the Main house through double doors, you glide over white tile floors, through the formal living room, past the hardwood floored dining room and into the open kitchen. This is the focal point of the home. IT features cherry cabinets, corian counters and connects to a warm, spacious family room with wood burning fireplace and sun drenched patio room, percent for that morning cup of coffee as you overlook the back yard! The second floor features a master suite with its own bath and walk in closet, and three additional bedrooms with ample closet space. Outside is spectacular! The driveway is massive, allowing for for parking for six plus cars, a beautiful, level backyard complete with a 2 story shed for storage and work space for the do it your selfer! You will be impressed by the manicured, serene lot that is close to all the amenities Broomall has to offer. If your looking for a true value and a home that needs your TLC and finishing touches this is it! 2019-10-25

 

Home Details on this home for sale at 101 Academy Ln Broomall, PA 19008
  • Single Family Home
  • $218/sqft
  • Lot Size: 0.29 acres
  • Built in 1980
  • 6 Days on Trulia
  • 8 Rooms
  • Rooms: Dining Room, Family Room
  • Heating: Baseboard
  • Heating Fuel: Electric
  • Cooling System: Central
  • Air Conditioning
  • Dryer
  • Refrigerator
  • Dishwasher
  • Parking: Attached Garage
  • Garage
  • Colonial Architecture
  • Stories: 3
  • Exterior: Stucco
  • MLS/Source ID: PADE503290
  • See Virtual Tour
Public Records for this home for sale at 101 Academy Ln Broomall, PA 19008
  • 4 Beds
  • 2 Baths
  • 2,430 sqft
  • Single Family Home
  • 0.29 acres lot size
  • Built in 1980
  • County: Delaware
  • Heating: Central
  • Parking: Garage
  • Basement: Full Basement
  • Units: 1
  • Stories: 2 story with basement
  • Conventional
  • Exterior: Stucco
  • Land Use Code: Single Family Residential
  • MARPLE TWP.

 

PLEASE NOTE: Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale, they may also have updated pricing and conditions. Please Contact Me for more information about this home for sale at 101 Academy Ln Broomall, PA 19008 in Delaware County and other Homes for sale in Delaware County PA and the Wilmington Delaware AreasAnthony DiDonato
ABR, AHWD, RECS, SRES
, SFR
CENTURY 21 All-Elite Inc.

Home for Sale in Delaware County PA Specialist
3900 Edgmont Ave, Brookhaven, PA 19015
Office Number
: (610) 872-1600 Ext. 124
Cell Number: (610) 659-3999 {Smart Phones Click to Call}

Direct Number: (610) 353-5366 {Smart Phones Click to Call}

Fax: (610) 771-4480

Email:
anthony@anthonydidonato.com
Call me for info on this home for sale at 101 Academy Ln Broomall, PA 19008 in Delaware County

Will you be moving soon?

Will you be moving soon?

See below for a check list that you need to go over..

Will you be moving to a new home this holiday season? John Coneys of Freedom Mortgage, and I understand that the holidays are busy enough and want to share this moving checklist to help you plan for your big day! #RealEstate #Realtor #HomePurchase #BuyersMarket #FreedomMortgage #MovingDay #LetFreedomHelp

Home for sale – 15 Allison Dr Broomall, PA 19008 Delaware County

Home for sale – 15 Allison Dr Broomall, PA 19008 Delaware County

 

  • 4 Beds
  • 3 Baths
  • 2,388 sqft
    $444,900
    Est. Mortgage $2,466/mo

 

Home for sale - 15 Allison Dr Broomall, PA 19008 Delaware County

Home for sale – 15 Allison Dr Broomall, PA 19008 Delaware County

Description about this home for sale at 15 Allison Dr Broomall, PA 19008

A stunning 4 bedroom and 2.5 bathroom contemporary style home nestled in a peaceful cul-de-sac. Located in the highly sought after Marple Township, this beautiful home also has the luxury of belonging to the prominent Marple Newtown School District. Walk in to be greeted by a spacious living room that leads to the dining room. The large kitchen has plenty of cabinet space with newer appliances. You will also find a sizable living room with a skylight and a cozy fireplace! Walk out the living room sliding doors to the spectacular backyard with a spacious deck overseeing your very own in-ground pool.~As you make your upstairs, you will find the master bedroom that has an oversized walk-in closet. Venture into your own private master bathroom with a his & her vanity, a large standing shower, and topped off with large jacuzzi. This home also offers a huge unfinished basement/lower level with plenty of storage space. Allow your imagination to convert this into your dream space! Conveniently located off of West Chester Pike, where you will be easily accessible to all major commuting routes to shops, eateries, schools, corporate centers, and more!

Home Details on this home for sale at 15 Allison Dr Broomall, PA 19008
  • Single Family Home
  • $186/sqft
  • Lot Size: 0.67 acres
  • Built in 1988
  • 12 Days on Trulia
  • 8 Rooms
  • Rooms: Family Room
  • Heating: Heat Pump
  • Heating Fuel: Electric
  • Cooling System: Central
  • Air Conditioning
  • Washer
  • Dryer
  • Refrigerator
  • Microwave
  • Dishwasher
  • Disposal
  • Floors: Carpet, Hardwood, Tile
  • Fireplace
  • Skylight
  • Vaulted Ceiling
  • Double Paned Windows
  • Ceiling Fan
  • Jetted Bath Tub
  • Parking: Attached Garage
  • Garage
  • Parking Spaces: 2
  • Basement
  • Cable Ready
  • Contemporary Architecture
  • Stories: 2
  • Exterior: Wood
  • Roof: Asphalt
  • Deck
  • Pool
  • Disabled Access
  • MLS/Source ID: PADE502870
Public Records for this home for sale at 15 Allison Dr Broomall, PA 19008
  • 4 Beds
  • 2 Baths
  • 2,388 sqft
  • Single Family Home
  • 0.67 acres lot size
  • Built in 1988
  • County: Delaware
  • Heating: Central
  • Parking: Garage
  • Parking Spaces: 2
  • Basement: Full Basement
  • Units: 1
  • Stories: 2 story with basement
  • Construction Type: Frame
  • Conventional
  • Exterior: Wood
  • Land Use Code: Single Family Residential
  • MARPLE TWP.

 

PLEASE NOTE: Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale, they may also have updated pricing and conditions. Please Contact Me for more information about this home for sale at 15 Allison Dr Broomall, PA 19008 in Delaware County and other Homes for sale in Delaware County PA and the Wilmington Delaware AreasAnthony DiDonato
ABR, AHWD, RECS, SRES
, SFR
CENTURY 21 All-Elite Inc.

Home for Sale in Delaware County PA Specialist
3900 Edgmont Ave, Brookhaven, PA 19015
Office Number
: (610) 872-1600 Ext. 124
Cell Number: (610) 659-3999 {Smart Phones Click to Call}

Direct Number: (610) 353-5366 {Smart Phones Click to Call}

Fax: (610) 771-4480

Email:
anthony@anthonydidonato.com
Call me for info on this home for sale at 15 Allison Dr Broomall, PA 19008 in Delaware County

Down Payment Assistance Grows Homeownership

Down Payment Assistance Grows Homeownership

 

Down Payment Assistance Grows Homeownership

Down Payment Assistance Grows Homeownership

Down payment assistance programs are helping more consumers become homeowners, according to a new study. Researchers with CBC Mortgage Agency, a national housing finance group, found that more than nine out of 10 home buyers would not have been able to purchase a home without down payment help. Further, more than half of the 1,100 buyers surveyed that received assistance were racial or ethnic minorities. Also, more than a third say they are the first in their family to buy a home.

“We conducted this study to illuminate the importance of [down payment assistance] to lenders and borrowers across the country, and the findings are compelling,” says CBCMA President Richard Ferguson. “It’s clear that without DPA, millions of Americans would be shut out of the homebuying market. With it, creditworthy buyers and their families can reap the many benefits of homeownership, which creates healthier communities and other positive outcomes for our nation.”

The borrowers who used DPA say that saving for a down payment had been the chief reason why they had been delaying a home purchase.

Lenders surveyed say that DPA is particularly helpful for buyers who carry student loan debt. They also reported that many of their clients had been paying more in rent than the cost of their new monthly mortgage.

Source:
2019 State of Down Payment Assistance Report,” CBC Mortgage Agency (October 2019)