I dont want to pay $20.00 for information that should be free
2007-07-03 08:04:51 · 8 answers · asked by mcdougletex 1 in Business & Finance ➔ Renting & Real Estate
www.hud.gov
2007-07-03 08:28:54 · answer #1 · answered by dwalkercpa 5 · 0⤊ 0⤋
If you are in California, there are first time homebuyer programs available. Some of them include down payment assistance and even in some cases they help with closing cost's and even below market interest rates.
You can get some information by calling 888-454-6051 Ext 4. It's a toll free call.
2007-07-03 15:27:10 · answer #2 · answered by Mark M 2 · 0⤊ 0⤋
Check to see what first time home buyer programs your state offers. Most states offer grants or assistance that can be used for downpayment or closing cost assistance.
Check out the site below to learn more, the info is free. Good luck!
2007-07-04 14:35:57 · answer #3 · answered by S C 3 · 0⤊ 0⤋
Any broker can help you. The best program around right now is the Fannie Mae My Community program. 100% financing with reduced mortgage insurance and nearly identical rates as a conforming loan. FICO scores are not heavily looked at. But hurry, My Community will be changing some guidelines and rates will go higher at the end of July. https://www.efanniemae.com/sf/guides/ssg/annltrs/pdf/2007/0705.pdf
http://www.lendermark.com/my_community_loan_programs.htm
2007-07-03 16:09:39 · answer #4 · answered by klinkerklank 1 · 0⤊ 0⤋
If you are very low income, there might be something available through HUD. Otherwise, start saving your money for the down payment like everyone else has to.
2007-07-03 15:31:26 · answer #5 · answered by Judy 7 · 0⤊ 0⤋
If in the US, you can work with any loan company that offers First Time Buyers monies, which is provided by the government. Check with lenders in your area.
2007-07-03 15:09:02 · answer #6 · answered by Alterfemego 7 · 0⤊ 1⤋
If you are looking for an organization to pay for your down payment , i dont think it's possible.
2007-07-03 15:10:32 · answer #7 · answered by Gengis 6 · 0⤊ 0⤋
http://www.ncsha.org/section.cfm/4/39/187
That link goes to a page listing every state's Housing Finance Agency.
Find yours, click it, and contact them. The state is the best place to start, they can direct you to other sources, give you educational materials and classes, referrals to good lenders, issue grants and subsidies (free or discounted money!)...
And there is zero upfront cost to talk to them.
2007-07-03 15:39:58 · answer #8 · answered by Yanswersmonitorsarenazis 5 · 0⤊ 0⤋