Closing Costs

15000 Grant For Californians To Buy A Home Near Work

The Workforce Initiative Subsidy for Homeownership (WISH) Program provides grants to qualified homebuyers living in high-cost areas to enable them to purchase homes near their work. Under the WISH Program, the bank will provide up to $15,000 per household, matching up to $3 for every dollar contributed by the homeowner toward the purchase of the home. WISH funds must be used only toward down payment or closing costs in connection with the purchase of a housing unit to be used as the homebuyer’s primary residence. Terms for participation include: completion of a mortgage assistance program administered by a public or private entity; a household income of the homebuyer at 80% or less of the HUD area median income; contribution of at least 1% of the purchase price from their own funds; and completion of an approved homebuyer counseling program. For information on the Federal Home Loan Bank of San Francisco

Visit: www.fhlbsf.com

Money For Your New Home in One Hour

The Neighborhood Gold Down-payment Assistance Program helps families purchase a home in the neighborhood of their choice with no money down. Neighborhood Gold works with The Buyers Fund, Inc., a non-profit organization, to provide prospective homeowners with gift money to cover down-payment requirements and closing costs. To receive a grant, a buyer should work with a lender to obtain a mortgage that allows for down-payments to be made in the form of a charitable gift. If a buyer is approved for a loan, he or she can receive Neighborhood Gold gift funds, regardless of income level. The mortgage professional fills out the grant application, and will receive a gift letter from the fund within ONE HOUR. Neighborhood Gold has local representatives who can offer assistance in the application process and answer any questions before, during and after the home-buying process. As part of the grant, Neighborhood Gold offers a Mortgage Payment Protection Plan, which covers up to six months of payments and may make it easier for a program participant to obtain mortgage financing for the applicant’s home of choice. Like most down-payment assistance programs, the seller must agree to pay to Neighborhood Gold a service fee equal to the grant amount plus a percentage rate of home price determined by location. For more information contact:

Visit: www.neighborhoodgold.com

Get a 100000 Home For 1 plus Fix Up Money

Called the Dollar Home Sales and referred to as Program #14.313 in the Catalog of Federal Domestic Assistance, this program expands HUD’s partnership with local governments in helping to foster housing opportunities for low- to moderate-income families and address specific community needs. Single family homes that are acquired in foreclosure actions by the Federal Housing Administration (FHA) will be eligible for sale to local governments across the nation for $1 plus closing costs when the properties have been listed for at least six months and remain unsold. Local governments buying HUD properties for $1 plus closing costs may sell or rent them to low- and moderate-income families, to first-time homebuyers, or to groups that will use the properties to provide services such as child- care centers, domestic abuse shelters, job training centers, etc. Contact your local office of the U.S. Department of Housing and Urban Development. Look on the left-hand side of the page to search for your local field office.

Visit: www5.hud.gov:63001/po/i/netlocator/

15000 People A Month Get Grants For Down Payments

There are a number of non-profit organizations that provide grants to homeowners to pay for down payments and closing costs for buying a new home. These grants normally range from 2% to 5% of the purchase price of the home. These non-profits obtain their money from mortgage lenders and sellers. Housing regulations prevent sellers or lenders to give down payment money directly to buyers. More than 15,000 buyers a month receive grants through this program. To learn more about how this gift-assisted sale works, contact the national association of these organizations called Homeownership Alliance of Nonprofit Down Payment Providers, at 301-941-1907

Visit: www.downpaymentalliance.org

Home Grants Program up to 10000

this is a non-repayable grants/gifts program available to first-time homeowners to cover down payment and closing costs. Also provided are free Homebuyer Education Courses, free Balanced Budget Spending Plans, free Credit Counseling Services as well as Post Purchase and Homeownership Maintenance Counseling to any resident in North Carolina. Income is not a limiting factor; however, all applicants are required to take the two educational courses provided by Home Grants. In order for a grant recipient to use Home Grants’ funds, they must be approved for an acceptable loan product that permits charitable organizations to provide gift funds. Contact: North Carolina Housing Assistance; (704) 385-3973

Visit: www.northcarolinahousing.org

15000 People A Month Get Grants For Down Payments

There are a number of non-profit organizations that provide grants to homeowners to pay for down payments and closing costs for buying a new home. These grants normally range from 2% to 5% of the purchase price of the home. These non-profits obtain their money from mortgage lenders and sellers. Housing regulations prevent sellers or lenders to give down payment money directly to buyers. More than 15,000 buyers a month receive grants through this program. To learn more about how this gift-assisted sale works, contact the national association of these organizations called Homeownership Alliance of Nonprofit Down Payment Providers, at 301-941-1907, or web.

Visit: www.downpaymentalliance.org

Join the Club and Get a Home For 500 Down

HomeFree USA features financial assistance programs as well as education, referral and counseling services for prospective buyers in the metropolitan Washington area. Membership is required for participation in programs. Members have access to a variety of financial aid packages related to homeownership, including money for downpayments, closing costs and access to special money-saving mortgage programs. HomeFree offers a mortgage plan requiring $500 down and closing cost grants that do not need to be repaid. Also offered to members are assistance with credit, debt, and tax issues, counseling on savings, debt and budgeting, access to a number of mortgage professionals, assistance in applying for a mortgage, classes in smart homeownership, and step-by-step counseling to make sure the member’s financial interests are protected in the home buying process. Contact: HomeFreeUSA, 318 Riggs Road, N.E., Washington, D.C. 20011. Phone: (202) 526-2000 or (800) 289-4632; fax: (202) 526-4072

Visit: www.homefreeusa.org

Get a 100000 Home for 1 plus Fix Up Money

Called the Dollar Home Sales and referred to as Program #14.313 in the Catalog of Federal Domestic Assistance, this program expands HUD’s partnership with local governments in helping to foster housing opportunities for low- to moderate-income families and address specific community needs. Single family homes that are acquired in foreclosure actions by the Federal Housing Administration (FHA) will be eligible for sale to local governments across the nation for $1 plus closing costs when the properties have been listed for at least six months and remain unsold. Local governments buying HUD properties for $1 plus closing costs may sell or rent them to low- and moderate-income families, to first-time homebuyers, or to groups that will use the properties to provide services such as child- care centers, domestic abuse shelters, job training centers, etc. Contact your local office of the U.S. Department of Housing and Urban Development

Visit: www5.hud.gov:63001/po/i/netlocator/