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First Time Home Buyers Can Purchase A Home Using Government Monies for Down Payment and/or Closing Costs

Updated on December 13, 2015

Buy the House of Your Dreams!

Get Help With Down Payment & Closing Costs

Local Cities and Counties are now offering assistance for first time home buyers to help with down payment assistance and closing costs. “Program candidates are first-time home buyers or those who have not owned a home in more than three years, and want to purchase a home in Scott County.

Other counties across the nation are also offering similar programs to get first time home buyers into a home. Typically, the amount of money starts at about $5,000 to $10,000. Some programs offer as much as $25,000. The exact requirements vary by who is offering it although most of the core requirements are about the same.

There are Some Requirements

For example, there typically is an income requirement that has to be met. If you have a low income of less than about $90,000 a year for the entire household, you just might qualify. One of the programs available in Orange County limits the income for the borrowers who will live in the home to $98,785. Each entity offering down payment assistance usually has specific guidelines that need to be met to get the money.

The Florida Bond Program.

One of the easiest to get in the State of Florida, is the Bond program. Most banks work with this program and your realtor might know if you qualify for it. If you don't live in Florida, check to see if your state governement has a similar program.

There are many, many other programs available. The first time home buyer has so many choices especially if they have low to moderate income.

First Time Home Buyers

Buying a home is a scary thing. It's quite common for someone to start the home buying process and then quit because the entire process can be overwhelming. First time home buyers really need a hand to make the entire process easier and go smoother.

That's the reason I wrote my Amazon book. Is to make the process easier to understand and help you to avoid all of the pitfalls. There is money available to get you into a house and if you read my book, you should be able to go step by step into owning your own home.

Book Is Now Available on Amazon

Check out my book that not only has an extensive list of programs, it helps you step by step to buy a house. It’s now available on Amazon in Kindle format.


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    • NikaWest profile image

      NikaWest 2 years ago from Sunny Florida

      Buying Your Own House is Awesome. I Love being a home owner! You can experience it, too.