Rocket Central’s new vice president of public policy, Karan Kaul, plans to prioritize homeownership opportunities for first-time homebuyers, households of color, low- and moderate-income households that have historically found it difficult to access mortgage credit.

As such, Rocket will continue to offer its special purpose credit programs, which allow first-time homebuyers to receive funds toward their down payment and help improve affordability, Kaul said in an interview with HousingWire.

“Down payment is one of the key barriers to homeownership for a lot of families,” Kaul said. “So these special purpose credit programs really help us allow these folks details ⇒

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