Jonah’s Dad asked:

Are there any government grants out there to help a low income family buy a home. I’m a first time home buyer and I can never seem to same any money for a down payment. The cost of the home I would like to buy is $137,000, land, septic and all. Its perfect in a quiet neighborhood and all. Thanks.

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3 Responses to “Are the any government grants out there to help a low income family buy a home?”

  1. Nusha says:

    Look into down payment assistance. .

    I think the way it works is that you contact a lender and they work with the company to get a charity to donate the downpayment assistance.

    Usually requires cooperation from the seller.

  2. Garacaius says:

    Contact a couple of local realtors, there are 5 – 6 plans for first time low income purchasers. They should be able to put you in contact with someone who can help you. There are lenders who specialize in those kinds of loans.

  3. tt says:

    The best way to find out is to search online and compare the companies material and criteria. Under my profile finance there are some strategies you can put in place during your application procedures and resources.