Down Payment Assistance Is Everywhere Heres How To Find A Program Near You

Down Payment Assistance Is Everywhere Heres How To Find A Program Near You


How does $12,000 sound?

If you think down payment assistance is a scarce commodity, you’re wrong. You’re also not alone. A NeighborWorks America survey found that 70 percent of adults are unaware that down payment assistance programs are available to homebuyers in their community. In fact, there’s all kinds of help out there—it’s just hard to find. And it’s real help, averaging almost $12,000, according to Down Payment Resource (DPR).

That’s DownPaymentResource.com. Bookmark it. This growing, award-winning service, the only one of its kind, is all about making down payment assistance (and other homebuyer programs) way easier to find.

First of all, if you don't know this yet, you don't need 20 percent down to buy a home. In some cases, you can put as little as 3.5 percent down. And even that doesn’t necessarily have to be your money. Great! The problem, though, is finding that money, because the world of down payment assistance is downright intricate.

There are more than 2,300 home ownership programs around the country, says DPR president and CEO Rob Chrane. And they’re administered by all manner of government, quasi-government, and nonprofit agencies at the federal, state, county, and city levels.

The buyer always has to meet certain eligibility requirements. In terms of the property, there’s almost always a maximum sales price—sorry, no million-dollar ski chalets—and some geographical or other boundary. “It might be a state program, or city or county. Some of the programs are as specific as a neighborhood or a tax allocation district or a targeted census track.” 

If buying a home is in your future. Start your search right here www.daniellearreguinrealtor.com 


Danielle Arreguin Headshot
Author:
Phone: 469-215-3960
Dated: October 16th 2017
Views: 764
About Danielle: My attention to detail and ability to communicate efficiently will help your home sell for top dolla...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Security Cameras For Your Home - Who broke the lamp in the living
Luxury Town House In Grand Prairie TX - Take a virtual tour of this
Down Payment Assistance Is Everywhere Heres How To Find A Program Near You - How does $12,000 sound?If you
Smart Sprinklers For A Smarthome - You've probably driven past a home

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

John Brooks
3333 Lee Pkwy, Suite 677
Dallas, TX
972-693-5658
972-590-8791