One of the biggest obstacles to home ownership is saving up enough money for a down payment. Buying with a low down payment doesn’t help either because it increases the amount these buyers need to borrow, raising their monthly mortgage payments and making home ownership even more of a stretch. A new lender thinks they may have found a new-age solution by helping homeowners with their down payment in exchange for Airbnb income.
This article was originally published on September 28, 2017
