The differences are that because the homes are built with a lot of volunteer labor and donated materials, the total cost is reduced, there is no interest and there is a 1% down payment, according to Quad-City Times.
Habitat for Humanity offers no-interest mortgage
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Rocket delivers $291M profit amid improved margins and MSR acquisitions
The Detroit-based lender reported a GAAP net income of $291 million from January to March, its highest profit level in two years.