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

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

    Forgivable loans: A second mortgage you won’t have to pay back so long as you stay in the home for a certain amount of time (the exact period depends on the program) and stay up-to-date with ...

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

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

    Virtually every down payment program requires you to qualify for a 30-year, fixed-rate first mortgage to buy the home. Some programs can only be used with one type of mortgage, such as government ...

  4. First-Time Homebuyer’s Guide to Mortgage Loans, Programs and ...

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

    Texas: The My First Texas Home program is a low-interest 30-year loan with up to 5% interest-free down payment assistance. The program allows borrowers to work through this program to obtain an ...

  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. Federal Home Loan Banks - Wikipedia

    en.wikipedia.org/wiki/Federal_Home_Loan_Banks

    Location of the territories for the 11 (previously 12) FHLBanks, post-merger of the Seattle and Des Moines banks in 2015. The Federal Home Loan Banks (FHLBanks, or FHLBank System) are 11 U.S. government-sponsored banks that provide liquidity to financial institutions to support housing finance and community investment.

  7. Federal Housing Administration - Wikipedia

    en.wikipedia.org/wiki/Federal_Housing_Administration

    In the present day, approximately 46% of first-time homebuyers in the United States utilize FHA loans for their home purchases. Notably, 1 in 16 FHA loan borrowers maintains a credit score below 600, while the average credit score among first-time FHA loan borrowers stands at 677. These first-time homebuyers account for 82% of all FHA purchase ...

  8. Federal disaster assistance available for Ohio residents ...

    www.aol.com/federal-disaster-assistance...

    Both Physical Damage and Economic Injury Disaster Loans from the SBA will be available for residents, business owners and most private nonprofits in Ohio counties which were declared major ...

  9. Hebrew Free Loan Association of Northeast Ohio - Wikipedia

    en.wikipedia.org/wiki/Hebrew_Free_Loan...

    Hebrew Free Loan Association of Northeast Ohio (HFLA) is an American non-sectarian 501(c)(3) non-profit organization that loans money interest-free to people who do not have easy access to other capital. As of 2014, the organization has made over 25,000 interest-free loans in Northeast Ohio. [1] Between 97% and 99% of all funds loaned are repaid.

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