Wells Fargo, NeighborWorks plan to further expand Lift program

Wells Fargo, NeighborWorks plan to further expand Lift program 3 months ago admin The number of homeowners participating in an expanding down payment assistance program offered by Wells Fargo and NeighborWorks could top 20,000 this year.

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The NeighborhoodLIFT program is a collaboration between Wells Fargo Bank, N.A., Wells Fargo Foundation and NeighborWorks America, an independent nonprofit organization. Although Wells Fargo is the sponsor of the LIFT program, you may seek financing for the remaining balance of the home purchase from any qualified lender who accepts a LIFT.

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Since 2012, Wells Fargo has provided more charitable grants for homebuyers than any other bank in the U.S. through its philanthropic NeighborhoodLIFT [(R)] and other LIFT programs in collaboration.

Release Summary. Wells Fargo, NeighborWorks America and tierra del sol housing Corp. today unveiled the El Paso NeighborhoodLIFT program with a $4.5 million commitment by Wells Fargo to boost.

Wells Fargo and NeighborWorks America created the NeighborhoodLIFT program to help local economic recovery and advance neighborhood revitalization through sustainable homeownership. Since 2012, Wells Fargo has invested more than $327 million in LIFT programs for 48 communities to help create 12,725 sustainable homeowners.

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Wells Fargo & Company WFC, -1.51% NeighborWorks [] America and Family Housing Advisory Services (FHAS), Inc., today announced the NeighborhoodLIFT [] program will expand for Omaha with a $3.9.

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Audit Review of the Neighborhood/City LIFT Program – payment assistance program; however, it was derived specifically to satisfy Wells Fargo’s obligations under the Consent Order with the United States Government. Also, in november 2013 neighborworks entered in to a third grant agreement with Wells Fargo to further expand its efforts to increase homeownership with the Neighborhood LIFT 2.0 down

Wells Fargo & Company (NYSE:WFC), NeighborWorks America and its network member, NeighborWorks Southern Mass, today announced the NeighborhoodLIFT program will expand to the Boston area with a $6.75 million commitment by Wells Fargo to boost homeownership in Essex, Middlesex, Norfolk, Suffolk and Plymouth counties.

Month-to-month prepayments keep inching up Prepayment 1. The payment of a debt in full before it is due. Prepayment is good for the borrower because it relieves him/her of the debt, but it deprives the lender of interest he/she would have received otherwise. As a result, some lenders attach prepayment penalties to loans to disincentivize.

Wells Fargo & Company (WFC), NeighborWorks America and its network member, Westside Housing Organization, today announced the NeighborhoodLIFT program will expand to the Kansas City, Mo. area.