Federal regulators are considering a new rule that would require a minimum 20% down payment for many home purchases. Just imagine how you or your children would be affected if this proposal were to pass.

Would you be able to buy a home? For example, you would need $40,000 up front for a $200,000 home. 

Already a home owner? The proposed rule would hurt property values by shutting many qualified buyers out of the market. Fewer buyers mean lower home values.

Help keep the dream of home ownership alive by saying NO to the 20% down payment requirement.

Regulators are trying to fix the root causes of the housing crisis, which we fully support. But the proposed rule is the wrong solution. Strong evidence shows that responsible lending standards and ensuring a borrower’s ability to repay, not high down payments, have the greatest impact on reducing lender risk.

Join us and take action now. Regulators in Washington need to hear the voices of home owners as they make their policy considerations. This is why your input is so important. Please send a letter to the U.S. Dept. of Housing and Urban Development (HUD) to ask that they drop the proposed 20% down payment requirement and instead focus on sound underwriting standards.

Taking action is easy and takes just a few seconds of your time.