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Originally Posted by Dakkerz
I hope this is the right section for this.
I'm getting ready to buy my first home here in about 6-12 months and hopefully some of you that have already been through the process can help me out. Some people have told me that there are benefits/grants that you can get as a new home purchaser, is this true? If so can anyone point me in the right direction as to how I can take advantage of these. So far I've only been able to find info on FHA.
Any help is much appreciated.  Also I live in Florida, not sure if that effects what kind of benefits I may be eligable for.
-Dak |
If you are looking for some sort of state grant or DPA then there will probably be a pretty strict maximum income requirement, maybe less than $50K-$60K, depending on your HUD area median income figure. The easiest way to get it done would be an FHA loan coupled with a down payment assistance program such as Nehemiah.