: Mandatory completion of a HUD-approved homebuyer education course. Home buying assistance | USAGov
: Programs like the Homebuyer Dream Program provide grants up to $30,000 for down payments and closing costs for those earning 80% or less of the Area Median Income. Indirect Federal Grants (State & Local)
: Specific funds to help cover the 2%–5% of the home price typically required for closing. Typical Eligibility Requirements federal home buying grants
: Managed by HUD, this program provides a 50% discount on the list price of a home for law enforcement officers, teachers, firefighters, and EMTs in revitalization areas.
: Often structured as a grant or a "silent" second mortgage that is forgiven if you stay in the home for a set period. : Mandatory completion of a HUD-approved homebuyer education
: Most programs are capped at 80%–120% of the Area Median Income (AMI).
: Offers 100% financing (no down payment) for low- and moderate-income households in eligible rural areas. Typical Eligibility Requirements : Managed by HUD, this
: A minimum score of 620 is typically required for most assistance programs.