Keeping it REAL (in Real Estate) - with Kathy Blakey

Welcome to this episode of Keeping it Real (in Real Estate) with Kathy Blakey as your host. In this episode we learn about the Community Reinvestment Act (CRA) and how financial institutions have grants available to make homes affordable to low and moderate income buyers.  Many hardworking people are earning just enough income to pay their monthly rental payments and support themselves and family.  With a steady job and responsible credit history, you may qualify to purchase a home without having the typical down payment savings.  Grants and loans are available for down payment and closing costs.If you or someone you know would like to become a homeowner, stay tuned to learn about programs to assist with down payment and closing costs.  In most cases, to qualify, there will be a maximum household income and a minimum credit score (see Episode 2 to learn about credit scores).What is the Community Reinvestment Act?What other programs are available?Do I have to be a first time buyer?How do I get started?What que