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Goverment grant for new home buyers?

well there are a few. There are local and federal grants.

If you do not mind buying in a small town Urban development will give you a loan with LOW interest and no down payment (sister did this has a 1% loan). do a little looking and you can find some nice grants (if you fall in the income levels)
 
Originally posted by: waggy
well there are a few. There are local and federal grants.

If you do not mind buying in a small town Urban development will give you a loan with LOW interest and no down payment (sister did this has a 1% loan). do a little looking and you can find some nice grants (if you fall in the income levels)
Click to expand...

Thanks, if you remember, can you ask her for some links or leads. I'll do a bit of my own sleuthing sometime tomorrow.
 
Check out hud.gov and then goto your state's housing program. I got with my state's housing program and was able to get a $3500 grant and a 4.99% 30-year fixed mortgage.
 
IF you're in a ruraL area,
you might be able to get a mortgage at below market rate through the
Farmer's Home Administration = the other FHA, which most people & even lots of real estate peeps don't know about.

But it's got to be in a rural area.
 
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