Government Grants for First Time Home Buyers
Government grants for first time home buyers provide financial assistance in closing costs, down payments, and reduced mortgage interest. The amount of money that is available to you right now varies from state to state, but you could qualify to receive thousands of dollars in free grant money from the government.
In addition to your local government agencies, other government agencies provide grant money for first time home buyers, such as the Homes and Communities program of the United States Department of Housing and Urban Development. Taking the extra step to search these programs before you secure your financing is something that every new home buyer should consider. Over the life of a mortgage loan, these programs could save you hundreds of thousands of dollars.
Each program differs in terms of your qualifications, but some things that may be considered are:
- Minimum Credit History
- Lack of Down Payment
- Low Income
While government grants for first time home buyers are available to low income families, you do not necessarily have to have a low income to qualify for these programs. In many instances if this is your first purchase, you could qualify to receive funding just for buying in a developing neighborhood.
Save your down payment money and see if you qualify for government grants for first time home buyers.
In: Home & Auto Financing · Tagged with: government home grants
on January 7, 2009 at 4:51 pm
Hi, I’m in need of a 2 family home. My income is low ad need grant for $200,000. Is that possible?
on January 22, 2009 at 1:53 am
Purchasing a home in Houston
on January 22, 2009 at 1:52 pm
I would like some information mailed to me please, my address is 3502
on January 31, 2009 at 8:04 pm
I currently have live in my home for 3 years and would like to sell my home and purchase another do I qualify for a grant?
on February 1, 2009 at 7:49 am
I’m looking for government grants for first time home buyers in the state of Mass. I need this grant to help my familiy and I buy our first home. We have 3 children and my wife is a stay at home mom. We just need a bigger home than our apartment. Thank you and pleaes write back to let me know what I need to do.
on February 15, 2009 at 8:05 pm
I am in the process of looking for a home to buy. I would be a first time home buyer and heard that the government would assist in helping low income single parents purchace a home.
I would be living in York Pa.
Please provide the information I will need to apply for this grant. Thank you in advance.
Joy Warren
on February 20, 2009 at 2:12 pm
I am trying to buy a house, have money for the downpayment, but don’t have enough for the closing costs. Would love information on how I can apply.
on February 26, 2009 at 4:01 pm
Just bought a house wondering if I qualify for a government grant??
on March 19, 2009 at 11:42 am
Would like help on buying home in country for my family. Just finished with bankruptcy. Please help
on March 24, 2009 at 4:36 pm
I’m currently renting and my landlord is doing a short sale on the property. I’ve lived there going on 8 years now. The only way to stay is if I purchase it. Do I qualify for a government grant?
on March 28, 2009 at 8:49 pm
I want a first time buyers grant. I need 2400 due at closing, how do I get grant, what forms do I fill out, or where do I go to sign up, or who do I call to get this started this week?
on April 15, 2009 at 10:55 pm
My husband and I are in the process of looking for our first home to purchase. My husband is a very hard worker and I am a full time student. We are in dire need of assistance for a grant in order to help with the down payment and closing cost. We are in a three bedroom apartment with our four children (girls 15 and 11; boys 17 and 8). If you can assistant us in anyway or show us how to obtain the necessary paper work so we can get these grants rolling it would be greatly appreciated. Thank you!!
on April 22, 2009 at 7:57 pm
I am a first time home buyer i want to refinance for lower rate but do not have closing cost funds.
on June 15, 2009 at 4:43 pm
I am looking for government grants for first time home buyers in the state of PA. I need this grant becuase i am a single mother and would love to move out of my parents house. Do you have any information on how to apply for the grants.
Thank You,
on August 16, 2009 at 12:32 am
Im a first time home buyer. Do i qualify for the $8000 home tax credit?