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Lender helps mortgage borrowers crowdfund down payment

Posted by   /  October 6, 2017  /  No Comments

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Since saving enough for a down payment is difficult for many Americans, one lender if offering a creative solution to customers, reports MarketWatch staffer Jacob Passy.

CMG Financial, a privately-held mortgage banking firm, has launched HomeFundMe — a pilot crowdfunding service that’s the first to receive approval from Fannie Mae and Freddie Mac


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