Passionate writer, enjoy learning and sharing knowledge with others, my hobbies are hosting sports talk on blog talk radio, currently host two blogs with blogger. Own and operate Abundant Waters Management & Coaching which teaches tomorrow millionaires today. Great programs that help thousands of families realize their dream of home ownership by assisting them with the down payment and closing costs are available through government and community action groups. In this final section you will learn how to locate and apply for this free money. Below is a list of national organizations that provide assistance for home buyers.
American Dream Charity
1 East Diamond Ave. Suite C
Gaithersburg, MD 20877
301-977-9133
American Dream Charity provides gift funds of up to 5 percent of the homes sale price. You do not need to be a first time home buyer to be eligible for this program. Any home can qualify if it meets the standards and criteria of the mortgage that the home buyer is using to purchase the home. The price that the home is selling for must not exceed it's appraised value, The seller of the home must agree to contribute to the CDS Home Grant Program and pay the processing of 650 dollars.
Genesis Program
8834 N Capital Of Texas Hwy. Suite 110
Austin TX 78759
512-231-0270
The funds from this program can be used for down payment, closing costs or to payoff debts to qualify for a mortgage. There are no geographic restrictions and conforming and no-conforming mortgages are accepted. Registration by the Realtor or Mortgage company is not required. Genesis can provide the funds within 24 hours of receiving the required paperwork. You do not have to be a first time home buyer to qualify and up to 22,500 dollars is available for single family homes, townhouses and manufactured homes.
Hart Program
Rancho Cucamonga, CA
909-454-1574
Hart provides gift funds of up to 15,000 dollars. You do not need to be a first time home buyer to be eligible for this program. Any home can qualify if it meets the standards and criteria of the mortgage that the home buyer is using to purchase the home. The price that the home is selling for must not exceed it's appraised value, The seller of the home must agree to contribute to the CDS Home Grant Program and pay the processing of 650 dollars for homes sold for 100,000 dollars or
less or 950 dollars for homes sold for more than 100,000 dollars.
Nehemiah
1851 Heritage Lane Suite 201
Sacramento, CA 95815
916-231-1999
Nehemiah provides gift funds of up to 3 percent of the homes sale price. You do not need to be a first time home buyer to be eligible for this program. Any home can qualify if it meets the standards and criteria of the mortgage that the home buyer is using to purchase the home. The price that the home is selling for must not exceed it's appraised value, The seller of the home must agree to contribute 3 percent to Nehemiah Corporation and pay a processing fee of 800 dollars on a new home or 950 dollars for an existing home.
Partners In Charity
10 E. Main St. Suite 114
East Dundee, IL 60118
1-800-705-8350
Partners In Charity provides gift funds of up to 5 percent of the homes sale price. You do not need to be a first time home buyer to be eligible for this program. Any home can qualify if it meets the standards and criteria of the mortgage that the home buyer is using to purchase the home. The price that the home is selling for must not exceed it's appraised value, The seller of the home must agree to make a contribution to PIC and pay a processing fee of 3/4 percent of the homes sale price.
Neighborhood Gold
313 East University Parkway
Orem, UT 84058
888-627-3023
Neighborhood Gold provides gift funds of up to the homes appraised value. You do not need to be a first time home buyer to be eligible for this program.