For many first-time buyers, the down payment remains the biggest barrier, even when ongoing monthly payments already fit comfortably within their budgets.
With federal pullbacks from several special-purpose loan programs this yr, brokers are being urged to understand more assistance alternatives for qualified buyers.
An industry partnership aims to expand broker education on assistance programs, giving members access to products, training, and shared guidance for eligible borrowers.
At an April 20-22 Washington advocacy event, ~200 brokers coordinated on credit reform, mortgage insurance, compensation rules, and condo reserve priorities together.
A 2026 national broker event is scheduled for October 16-19 in Las Vegas, with education and peer networking positioned as core takeaways.