Home Grants Requirements

Home Grants Requirements - Other things you must know before you go

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• You need to have mid credit score of 620 or higher
• Down payment assistance programs do no limit  which type of home you should buy: single family home, town home or condominium
  
• Most program still will require that you do put some money down – they want to make sure that you have some equity of your own on your new home
  
• Any of these home grants take time to realize – some times six weeks or longer just for the first interview, so apply ways earlier that you consider putting an offer on a property. Secure the DPA first if not you will be wasting your time and other people involved as well
  
• State home grants have to be used to buy property in the state grants are given
  
• Most counties/cities have their own programs –in ADDITION to the state programs AND yes, they can be combined as I describe in details on my page Grants Examples - please click here to visit that page
  
• You need proof of income – no exception here – I’m sorry to say. I have expressed in others pages on this site that it is free money but is NOT intended to be lost – authorities are accountable that funds will not be lost
  
• Veterans – it is possible to combine your DO214 with any home grants available in your area
  
• Law enforcement, firefighters, medical professionals and teachers – there many home grants designed specially to attract you for almost any area you would like to live
  
• Most home buying grants do NOT limit where you should by a home …however some do! – Please, do not miss the info immediately below:
  
• TAD – Tax Allocated Districts – these grant limit where grant funds should be used! Sometime if you were to move just one block away – you will no longer be able to use that grant [other not attached to the TAD still will apply]

There are many forms of down payment assistance and home grants requirements may vary – however make no mistake they can be combined – please visit my page “Grants Examples” – please click here to learn more

Okay, now you know how to apply for a home grant!

Please notice that home grants come from different sources, but regardless they have specific amount to give out each fiscal year. When funds run out it just will be available next fiscal year.

So get going as soon as possible, ask question to whomever you talk to if they know of any other program you can apply.

Be Patient! Be persistent!

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This is but one of the home grants knowledge filled pages I have posted on my site! Please follow the links below to learn more about my other valuable additional home grants information:

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A kind disclosure: I write about home grants, but please understand that I am NOT the one who gives them out – you need the find the proper authority in the state/county/city that you live or you want to live :-)

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JC Fagundes, Head Broker
EQUAL SERVICE TO ALL.
Residential. Commercial. Investments.
Ph: 404 801 4141

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