Hello Jackie, this is Amador Melgoza from Keller Williams Realty. First off, congrats on being approved for a home loan. Are You a first time home buyer? If so, jump on online http://www.home123store.com and receive a free first time home buyer guide book. In regards to down payment assistance programs; the City of Warren has some amazing incentives for purchasing a home in their City right now. As a matter of fact, Today Warren Ranked #12 on Forbes.com safest Cities in the U.S.A. along with the City of Livonia. They tied..... Lets talk. Call me. Either way, the City of Warren is a Wonderful City to live in.

Best Wishes.

Amador Melgoza
Keller Williams Realty
35427 Dodge Park
Sterling Heights, MI 48312
email: amador@kw.com
Office: 586.979.4200
Cell: 586.801.2672
website:http://www.home123store.com

Jackie,

Many of the down payment assistance programs have disappeared along with the creative financing programs that contributed to the financial difficulties the lending industry is experiencing now, With a FHA loan, you need 3.5% down; however, if the home you are offering on is owned by Fannie Mae, they require less down, and, of course, if it is a HUD home, even less down is required.

They are usually funded by cities or counties in your area. Check your local Housing Finance Commissions for details as they vary from city to city, state to state and county to county.

Another thing to keep in mind is that HUD owned homes (which are foreclosures with FHA loans) only require $100 down. In my web reference is a blog that details the sources to look for a HUD owned home. Be sure your FHA lender lends on FHA foreclosures/HUD Homes.