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Grand Rapids Business Journal Photo by iStock Independent Bank is giving homebuyers a helping hand with their down payment through a new program with Freddie Mac. The Grand Rapids-based bank said Wednesday that it is working with Freddie Mac to assist homebuyers in overcoming one of the most common barriers to homeownership the down payment. The two institutions are working together to offer MatchUp, an All For Home solution, an automated mortgage savings plan that puts customers on a steady path toward purchasing a home. “The MatchUp program means that a qualifying homebuyer can virtually triple their down payment through this program,” said AJ Harma, first vice president, mortgage lending, at Independent Bank. ....
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