February 13, 2016 by Jeff Lowen
Did you know that Federal, State, and Local Housing Finance Agencies, Non Profits, Lenders, Community Action Programs, and various other institutions have literally hundreds of programs to help people buy homes?
There are hundreds of millions of dollars available to cover your down payment and closing costs to help you buy a home. The amount of money you can get depends on the program that’s available to you, but there are many to choose from!
National studies have shown time and time again that most people don’t even know these opportunities exist. What’s even more troubling, is that many don’t realize how easy the process is or the amount of money needed to put down on a home. In many areas, buying a home is even less expensive than moving into a new rental!
The benefits are many. Your costs are predictable and more stable than renting because they’re ideally based on a fixed-rate mortgage. The interest and property tax portion of your mortgage payment is a tax deduction. That’s huge! There’s also pride in homeownership, which also closely ties you to your community.
You CAN buy a home
Let me say it again… You can receive down payment assistance to cover your down payment and closing costs from a variety of sources nationwide. Why wouldn’t you want to know about this?
Remember, you’re most likely already paying a mortgage. Why not make it your own.
CLICK HERE to find out how!
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