First-time buyer programs. Subsidised down payments, guaranteed loans, tax relief for households with no equity.
It is an institution or public programme.
It exists to relieve Need a shared home before you can afford to own one and Prove reliability to strangers with no track record. That is the whole reason it is here: nothing enters this map without a human problem behind it.
It could not exist without Mortgage. These are the quiet preconditions — remove any one and the solution stops working.
5 organisations in this map sell it, 1 of them publicly listed.
Its neighbourhood
Everything this entry connects to directly. Click any point to follow it.
The line back to a human being
2 hops from a person at a phase of life. The further a thing sits from the person, the more abstract it looks — and the more it tends to be mistaken for something that came from nowhere.
- SolutionFirst-time buyer programs
- FrictionNeed a shared home before you can afford to own one
- Life phaseHousehold formation
- Rooted inScarce resources
- Rooted inShelter
Relieves
Requires
Who sells it
| Organisation | Value | Type | Products |
|---|---|---|---|
| D.R. Horton | $45B | public · DHI | entry-level and move-up homes, DHI Mortgage |
| Fannie Mae | $15B | government · FNMA | agency MBS, mortgage guarantees, HomeReady first-time buyer loans |
| Freddie Mac | $8B | government · FMCC | agency MBS, Home Possible loans |
| Federal Housing Administration | government | FHA loans, HECM reverse mortgages | |
| Habitat for Humanity | nonprofit | affordable homeownership, ReStore |