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  2. 4 States Offering Unique Tax Breaks for New Homeowners - AOL

    www.aol.com/4-states-offering-unique-tax...

    For example, the “Chicago Housing Authority (CHA) offers various programs, including down payment assistance of up to $20,000 that homebuyers can apply for,” said Cody Horvat, ... (IHDA) also ...

  3. From grants to low-interest loans, this state-by-state guide ...

    www.aol.com/grants-low-interest-loans-state...

    Down payment assistance for first-time home buyers and military veterans. Must have a credit score of 640 or higher, be a first-time home buyer or military veteran. North Dakota Housing Finance Agency

  4. How to save for a down payment - AOL

    www.aol.com/finance/save-down-payment-202835260.html

    4. Look for down payment assistance programs. Down payment assistance could be an option if you’re struggling to save, especially if you’re a first-time buyer. This assistance can come in ...

  5. American Dream Downpayment Assistance Act - Wikipedia

    en.wikipedia.org/wiki/American_Dream_Downpayment...

    Since 2013, buyers receiving down payment assistance from HOME are required to participate in pre-purchasing homeownership counseling, and in August 2021 full implementation of HUD regulations requiring counseling be provided by certified counselors employed by HUD-approved housing counseling agencies took effect standardizing the curriculum ...

  6. Illinois Housing Development Authority - Wikipedia

    en.wikipedia.org/wiki/Illinois_Housing...

    This has led to IHDA's role as a principal provider of financing for multi-unit housing projects dedicated to Illinois senior citizens. [ 1 ] To this original core goal were added other missions centering on the facilitation of mortgages for Illinois single-family housing, including housing for households of higher than low-to-moderate income.

  7. FHA insured loan - Wikipedia

    en.wikipedia.org/wiki/FHA_insured_loan

    FHA also allows gifts to be used for down payment from the following sources: the borrower's relative; the borrower's employer or labor union; a close friend with a clearly defined and documented interest in the borrower; a charitable organization; a governmental agency or public entity that has a program providing home ownership assistance [26]

  8. Down payment assistance: How it works and how to get it - AOL

    www.aol.com/finance/mortgage-down-payment...

    Down Payment Resource: Down Payment Resource, a private company, provides various resources for homebuyers, real estate agents and lenders, including an eligibility and assistance lookup tool. FAQ

  9. What is a down payment? - AOL

    www.aol.com/finance/down-payment-180952544.html

    What is the minimum down payment for a house? For conventional loans, the minimum mortgage down payment is 3 percent. FHA loans require a down payment of 3.5 percent with a credit score of 580 or ...

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