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

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

    USDA loans: If you're purchasing a house in a rural area and meet certain income criteria, a USDA loan offers 100% financing and very low interest rates. Conventional 97 loans: These loans allow ...

  3. Guide to first-time homebuyer grants - AOL

    www.aol.com/finance/first-time-homebuyer-grants...

    If you plan to get a HomeReady or Home Possible conventional loan between now and February 2025, you might also qualify for a $2,500 credit if your income falls within the scope of “very low ...

  4. Guide to first-time homebuyer loans and programs - AOL

    www.aol.com/finance/guide-first-time-homebuyer...

    FHA loan: Insured by the Federal Housing Administration, FHA loans allow you to buy a home with a minimum credit score of 580 and as little as 3.5 percent down, or a credit score as low as 500 ...

  5. HOME Investment Partnerships Program - Wikipedia

    en.wikipedia.org/wiki/HOME_Investment...

    Home purchase or rehabilitation financing assistance – In this type of activity, the HOME program may provide a down payment for the purchase of a housing unit to a financial institution, thereby reducing the monthly mortgage payment of the loan balance for a low-income family that otherwise could not afford the monthly payment. The down ...

  6. Section 502 loans - Wikipedia

    en.wikipedia.org/wiki/Section_502_loans

    Borrowers with income of 80% or less of the area median may be eligible for 33- year direct loans and may receive payment assistance to bring the interest rate to as low as 1%. In a given fiscal year, at least 40% of the units financed under this section must be made available only to very low-income families or individuals (below 50% of the ...

  7. How to buy a house with low income - AOL

    www.aol.com/finance/buy-house-low-income...

    Manufactured and mobile home loans. Income requirement: Varies by area and loan program. DTI requirement: Varies by loan program. Interested in a manufactured or mobile home? There is special ...

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