Payment Money
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
Home Repair Grants and Homes At Below Market Cost
the Arlington Housing Corporation in suburban Washington, DC buys homes, which are in poor condition and renovates the home to sell to qualified first time home buyers at below market cost. Low interest loans and grants are available for home remodeling as well as assistance with down payment money.
Visit: ahc@ahcinc.org
200 Million In Grants For Down Payment Money
for first time home buyers who do not have a whole lot of money has been added by the U.S. Senate on November 25 for inclusion into the budget for the U.S. Department Housing and Urban Development.
Visit: banking.senate.gov/index.cfm?FuseAction=PressReleases.Detail&PressRelease_id=
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