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Government grants for first time home buyers?
I just got approved for a loan and I am going to start looking at houses soon, I just wanted to know if there are still programs out there for first time home buyers, Im in Ohio by the way. Any information will be greatly appreciated.
5 Answers
- imisidroLv 71 decade agoFavorite Answer
There are expanded tax break available for 2009 first-time homebuyers http://www.irs.gov/newsroom/article/0,,id=204672,0... but no grants for first time home buyers.
Check with your mortgage agent the available loan programs for your situation
- 1 decade ago
Found a decent site as far as government grants for home buyers are concerned. the second and the third grant offers are the most relevant for home buyers so check those out. hope this helps, alex.
Source(s): http://www.obamaeconomicgrants.com/ - Anonymous1 decade ago
there is the 8000 tax credit for first time buyers (if you haven't owned a home in 3 years).
FHA has 3.5% down loans.
Your state may also have bond money for mortgages.
YOu can also do RD gvpt loans with 0% down.
TALK WITH A LENDER.
- golferwhoworksLv 71 decade ago
some states have grant money available for first timers. Check with your broker. Also the others are right you can get 100% loans only through Rural Development and the VA
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