– For many buyers, the money needed for a down payment can be one of the biggest hurdles to buying their first home. Fortunately, there are loan programs that contain down payment assistance programs that are designed to help first time buyers who have little, or even no cash saved for a down payment.
Homebuyer Down Payment Assistance – Home | AustinTexas.gov – The Down Payment Assistance Program (DPA) offers a deferred 0% interest loan for eligible "first-time homebuyers" to help purchase a home within the Austin City Limits. Access to assistance must be made through through Trained Loan Officers (see loan officer training, below) who are registered on the DPA’s List of Participating Lenders.
First Time Home Buyer (FTHB) | Mass.gov – First Time Home Buyer (FTHB) Partner agencies in Massachusetts provide education, mortgage programs and more assistance for families and individuals to find the right home. Although DHCD does not provide mortgages directly to first-time homebuyers, there are many resources available.
Mortgage Loan Package Form 51 – Pre-Closing Checklist – Mortgage – Housing – july 2018 pre-closing package CHECKLIST AND COVER SHEET PHFA Form 51. * If borrower/co-borrower is a PHFA employee, you can now submit the package through VirPack. Directions: This Checklist is to be submitted on top of the Pre-Closing Package. It is important that the documents are scanned in the order of this document when uploaded into VirPack.
MSHDA – Homeownership – MI Home Loan Mortgage – Michigan Down Payment Available! For first-time homebuyers or repeat buyers in targeted areas. MI Home Loan Flex Mortgage – Michigan Down Payment Available! For first-time and repeat homebuyers looking for more flexibility in a mortgage. Mortgage Credit Certificate (MCC)
Help to Buy – The government has created the Help to Buy schemes including Help to Buy: Shared Ownership and Help to Buy: Equity Loan to help hard-working people like you take steps to buy your own home.. The Help to Buy: ISA pays first-time buyers a government bonus. For example, save £200 a month and we’ll add £50, up to a maximum of £3,000, boosting your ISA savings of £12,000 to £15,000.