Wells Fargo announced on Monday that it has expanded its $10,000 down payment grant program for underserved borrowers to an additional 12 metro areas, more than a year after initially launching it in eight markets. 

“We are expanding the availability of our Homebuyer Access grant program to additional areas to expand opportunities for low-to-moderate income homebuyers,” Kevin Reen, head of Wells Fargo Home Lending, said in a statement. 

Wells Fargo’s Homebuyer Access program is available to borrowers who earn 120% or less of the area median income (AMI). The funds can only be used toward the down payment details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com