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Are there funds available for first time homebuyers?

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October 28 2013 - Bel Aire
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Hi Brenda,

Depending where you live, there could be Federal, State, or local programs that offer down payment assistance for buyers.  In California, where I am licensed, we have programs that offer a 3% down payment assistance, so that you could buy with as little as a half percent down (0.5%).  If you're in California, [Content removed by Zillow Moderator. Please see our Good Neighbor Policy] for any questions.

Robert
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October 28 2013
Check with a local Realtor or lender, here may be certain community programs available in your area. Also, there is a USDA loan in rural areas where you can get in with no down. I do not know of any other government programs for first time home buyers. (There is also no down VA loans for vets). Interest rates are rising, but still excellent rates.
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October 28 2013
 
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Are there funds available for first time homebuyers?
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October 28 2013 | 2 answers
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