3,986,473
I personally don't like these programs as it puts people into homes that really can't affoard one.
-
Raymond E. Camp
Ontario, NY
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Eve Alexander
Tampa, FL
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Bob Crane
Stevens Point, WI
3,988,138
Contact your local lenders and check with your state to see if they have some bond issues and grants. Also local governments sometimes sponsor these.
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Tony and Suzanne Marri...
Scottsdale, AZ
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Lyn Sims
Schaumburg, IL
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Bob Crane
Stevens Point, WI
6,658,920
Raymond E. Camp or Brenda Mayette may know.
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Brenda Mayette
Glenville, NY
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Bob Crane
Stevens Point, WI
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Ron and Alexandra Seigel
Carpinteria, CA
5,471,798
I would ask one of your local lenders - I think there is a federal program that I heard last week has already provided 1/2 of their allotted grants for the year - it's a $15K DPA. Good luck!
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Lyn Sims
Schaumburg, IL
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Bob Crane
Stevens Point, WI
2,704,087
ActiveRainers from NY will have answers.
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Bob Crane
Stevens Point, WI
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Troy Erickson AZ Realt...
Chandler, AZ
2,229,165
4,322,035
Kalen Raynor - no idea about NY - however, few good suggestions in the answers here.
Good Luck.
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Lyn Sims
Schaumburg, IL
1,157,841
5,154,275
Bob Crane has a good suggestion. Also you could check with Mitchell J Hall . And talk to a lender or two
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Bob Crane
Stevens Point, WI
979,796
Kalen - Not familiar with New York first time home buyer programs. I would try reaching out to AR agents in New York.
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Bob Crane
Stevens Point, WI
5,250,183
I'm sure Brenda Mayette will have an answer for you!
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Bob Crane
Stevens Point, WI
5,285,570
Sorry, not familiar with NY, but you could ask some top lenders. They usually are in the know.
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Bob Crane
Stevens Point, WI
5,774,095
Kalen,
I agree with Bob Crane 's suggestion. Best of luck to you. A
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Bob Crane
Stevens Point, WI
820,078
871,809
I have info about a couple of programs within the Capital Region... looks like you're further south though. Appreciate everyone thinking of me for the answer! ;)
8,770
Thank you all for your answers. I was aware of many of these programs that you mentioned above. I do disagree with some of the answers saying that grant money will put people in houses that can not afford. I think that in my particular area, it is actually more expensive to rent a house then own one, but the major problem is that the closing costs are astronomical. In my area, most of the time closing costs are around $20,000 and that is just closing costs, not the deposit. So, I was hoping to find some assistance for those costs for some of my clients. What I have found is many of them have low income limits and will not apply because a first time home buyer in my area will have to get a home for at least $350,000 most of the time, and to afford that they must have a decent salary that will not allow them to get the grants. It's a catch 22. What are the closing costs in your areas?
809,308
I hope you found some good info! Local trusted mortgage loan officers would be great help with this. -Kasey
2,234,859
I'm not in NJ, but you've come to the right place to ask your question.
183,015
Closing cost assistance program (Niagara Falls), Employer assisted housing Initiative (Rochester), First time homebuyer program(Buffalo), HomeHeadquarters( Syracuse), Home purchase assistance program(Rochester), Housing assistance program of Essex County, West side NHS down payment & closing cost assistance (Buffalo).
There is new program coming in mid of March FHLBC down payment Plus for all the States.
1,513,143
Good morning Kalen,
Check with the local banks; they will know better as they work with the cities.
Here the city of Rochester has some and The University of Rochester has one for employess but very restictive in area.
I have heard of the state maybe doing something with vacant homes a few months ago.
Good luck. Make yourself an astonishing day.
1,534,964
608,893
Sorry I can't help. I'm in NY Manhattan and Brooklyn. I'd check with lenders. My first time buyers either qualify on their own or get grants (gifts) from their parents. Government or lender grant programs rarely apply to NYC/Manhattan housing since most buildings that first time buyers can afford are coops that have their own financial requirements such as minimum down payment (10-25%) cash flow, post closing liquidity and debt to income ratio no more than 25-30%.
1,065
613,494
I say "beware of the buyer that cannot buy without getting "free money"...aka grant money.
I have found that getting someone with no money to closing is not fun. Every home deficiency they want the seller to fix, and any problem is a deal killer. Somehow, they expect everything to be taken care of for them.
If there is an extreme hardship case due to things that cannot be controlled, I am sympathetic. That however, is not the case for most buyers wanting a grant.
To those I say...get a 2nd and 3rd job.
Eve
5,175,079
5,456,927
1,613,378
Most of our grants ran dry here, those were in force during the Great Depreciation.
3,420,359
I would be checking with New York lenders. Great lenders will know about the various programs available.
5,584,328
1,749,277
As others have written already. Florida had a similar program years ago and few were aware of it. Good luck!
4,800,282
3,416,322
I think the best place to start would be a local and trusted loan officer who would have an up to date list
3,074,289
1,868,818
There are lots of things floating around for buyers. Get online, reach out to other LO's.
1,618,024
8,120,966