Updates to the Communities First Program
Effective December 1, 2022, The Money Source (TMS) became the new Master Servicer for the Communities First Program. TMS is a leading national correspondent investor and subservicer with 25 years of experience in delivering the best-in-class experience for its customers.…
The Communities First Down Payment Assistance Program underwent some changes for the new year. Here's a quick overview: FHA Loans Borrowers with credit scores 640 and higher are eligible for FHA loans. Note that there is limited availability for credit…
UPDATED: MAY 4, 2018 to reflect change from percentage to fixed flat subsidy assistance. Communities First is pleased to now provide additional down payment assistance at no cost to qualified lower income homebuyers financing with a Freddie Mac conventional loan.…
Established in 2015, Communities First recently achieved a milestone – the program has helped nearly 1,800 families open the doors to an affordable place to live, recently surpassing $200 M in loan volume. CINCINNATI – The Port of Greater Cincinnati…
