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News Link • Housing

No Savings? No Problem. These Companies Are Helping Home Buyers With Down Payments

• By Christina Rexrode and Laura Kusisto

Reese and Kyle Rademacher weren't sure how they would afford a down payment to buy a home until their real-estate agent mentioned an offbeat idea: crowdfund the money from friends and family.

Mrs. Rademacher, a 28-year-old construction technician, set up an online profile with a program called HomeFundMe to solicit donations. Her parents and a few others responded, and in March the Rademachers closed on a $320,000 home in Cheyenne, Wyo.

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