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

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

    A mortgage credit certificate (MCC) is a federal tax credit that can help low- and moderate-income or first-time buyers offset some of the money they owe in mortgage interest. Unlike a tax ...

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

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

    Three active programs are available offering forgivable loans, deferred loans, and zero-interest loans. A credit score of 640 or higher is required, with a debt-to-income ratio of 50% or lower.

  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. FHA insured loan - Wikipedia

    en.wikipedia.org/wiki/FHA_insured_loan

    The National Housing Act of 1934 created the Federal Housing Administration (FHA), which was established primarily to increase home construction, reduce unemployment, and operate various loan insurance programs. [4] The FHA makes no loans, nor does it plan or build houses. As in the Veterans Administration's VA loan program, the applicant for ...

  6. 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 ...

  7. Mortgage revenue bond loan - Wikipedia

    en.wikipedia.org/wiki/Mortgage_revenue_bond_loan

    A Mortgage Revenue Bond Loan or bond loan is a type of mortgage loan where the cost of borrowing is partially subsidized by a mortgage revenue bond.Although details differ between programs, mortgage revenue bond loan programs are in general designed to lower the cost of homeownership for low to medium income borrowers, sometimes for targeted occupations or neighborhoods.

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