A new way to buy a home—crowdfunding the down payment with no money of your own
You can crowdfund your business, your charity, your product, your vacation — and now you can crowdfund your home.
CMG Financial (CMGO), a mortgage lender, just launched HomeFundMe, the first online platform that allows borrowers to crowdfund the down payment on a home purchase without fees and with the backing of mortgage giants Fannie Mae () and Freddie Mac ().
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