TD Bank Devotes $10B To Residential Lending In Underserved Communities

TD Bank Devotes $10B To Residential Lending In Underserved Communities

ByTMN Editor Reading Time: 2 minutes

TD Bank has devoted about $20 billion to programs that serve diverse and minority communities, with a large chunk going to support residential lending. Half of the designated funds are classified for residential lending for low- and moderate-income and/or minority borrowers, according to a press release.  This includes both first-time homebuyer and home equity loans,…

New American Rolls Out First-Time Homebuyer Grants

New American Rolls Out First-Time Homebuyer Grants

ByTMN Editor Reading Time: 2 minutes

New American Funding is launching a new initiative for first-time homebuyers. Officials at the company announced the Pathway to Homeownership program on Monday.  Qualified borrowers in select areas can receive up to $8,000 in assistance to help them buy a new home. The money distributed through Pathway to Homeownership is a grant, not a loan….

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