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  2. Guide to first-time homebuyer grants - AOL

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

    DPA forgivable loans – Forgivable loans are the closest cousin to homebuying grants because they can wind up being free — but only if you live in the home long enough. For example, you might ...

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

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

    VA loan: The VA guarantees home loans for eligible U.S. military members (active duty, veterans and surviving spouses). These don’t require a down payment, though there is a funding fee .

  4. HOME Investment Partnerships Program - Wikipedia

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

    However, federal regulations require that every single government that receives funds must provide 25 cents on their own for every HOME dollar used. [2] If for example a state plans to use $1 million of HOME funds during the year, HUD provides $750,000 (75%) and the State must provide $250,000 (25%) for the program to achieve the $1 million goal.

  5. Housing trust fund - Wikipedia

    en.wikipedia.org/wiki/Housing_trust_fund

    RCW 43.185.050 authorizes the Trust to fund proposals for new construction, acquisition, and rehabilitation as well as rent or mortgage subsidies, down payment or closing cost assistance for first-time home buyers, or mortgage insurance matching funds, social services for housing residents with special needs, technical assistance, shelters for ...

  6. 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 ...

  7. Homebuying Assistance Programs in These 5 Southern States - AOL

    www.aol.com/finance/homebuying-assistance...

    Traditionally, lenders required prospective homebuyers to save 20% for a down payment, but with the assistance of government programs, many can now get by with just 3.5% down -- but "just" is a ...

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