What Grants are Available for first time home buyers?

Barbara Smit
Home Buyer
33311

Answers (4)
Leslie Harber
Home Buyer
Dania Beach, FL

Hi Barbara, I'm a mortgage planner in Florida. where are you looking to buy?? I can help you get grant money. LeslieHarber@tlg.bz

Thu Jul 9 2009, 14:47
Teena Edge
Agent
Panama City Beach, FL

This is not a grant, but is well worth looking into: the Rural Development Program.
http://www.rurdev.usda.gov/fl/proc_underguidecvr.htm
You may be surprised as to what they consider a rural area!
Good Luck!

Tue Aug 12 2008, 23:37
Angela Schrager
Agent
Fort Lauderdale, FL

Hi Barbara:

There are different programs and grants available in different places. If you looking in Fort Lauderdale, for example, the sale price of your new home can't be more than $205,000 and your income must be no more than a certain amount, depending on how many in your household. Check out the Purchase Assistance Program information at http://ci.ftlaud.fl.us/planning_zoning/pdf/First-Time_Homebu… There are also programs depending on your employment - example, lots of cities have programs for teachers, firefighters, police, if they are first time homebuyers. As Myke said, the important thing is to get in touch with a reputable and trustworthy mortgage broker or loan officer. There are quite a few excellent ones here on Trulia and I can certainly give you the names of those that I know and trust.

If I can be of any help to you in finding that perfect first place, don't hesitate to contact me. Best of luck!

Angela

Sun Aug 10 2008, 13:05
Myke Triebold,G...
Agent
Destin, FL
FIRST ANSWER

There are a number of grants available, and the best people to give you that information in your area is a loan officer of a lending institution. Different officers in different companies work with different products, and know how much money is left in any given program. Ask a couple of different banking institutions and credit unions what they have, and choose the one that fits your needs. Shop around. It won't hurt your credit rating if you do it within a reasonable time at different banks. Happy House Hunting.

Sun Aug 10 2008, 12:37

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