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  2. Guide to first-time homebuyer grants - AOL

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

    A first-time homebuyer grant can help you cover a down payment and closing costs. You don’t have to repay the grant funds. A grant might come from a bank or mortgage lender, a non-profit or ...

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

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

    Federal first-time homebuyer ... you pay down your balance to 80 percent of the value of your home. ... you understand the various aspects of owning a home. To qualify for many first-time buyer ...

  4. What is the average down payment for first-time homebuyers? - AOL

    www.aol.com/finance/average-down-payment-first...

    The typical down payment for a first-time homebuyer was 8 percent in 2023, according to the National Association of Realtors (NAR). For a $400,000 home, an 8 percent down payment totals $32,000.

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

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

    Helps first-time home buyers with down payment and closing cost assistance. First-time home buyers, Kansans who have a median income at or below 80% of their area qualify. Kentucky Housing Corporation

  6. Housing and Economic Recovery Act of 2008 - Wikipedia

    en.wikipedia.org/wiki/Housing_and_Economic...

    Included a first-time home buyer refundable tax credit for purchases on or after April 9, 2008 and before July 1, 2009 equal to 10 percent of the purchase price of a principal residence, up to $7,500. Phased out the credit for taxpayers with incomes over $75,000 ($150,000 for joint returns).

  7. First-time homebuyer guide - AOL

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

    A first-time homebuyer is someone who has either never owned a home or who has not owned a home in the last three years. First-time homebuyer programs offer mortgages with low down payment ...

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