Down Payment Assistance

[Guest MissPaige]

Hello everyone!

 

I am trying to buy a new home. I got financing through a broker and the best he could get me was 95%. We calculated everything and I will have to come of out pocket with $4950 that I do not have. Are there any programs or grants that I can use?

 

I already have a contract and the seller is giving $9400. I don't THINK we can do a 3rd revision with it.

 

What do you think?

[liverichly]

What state are you in?

 

Also, the seller cannot give you any funds for a down payment (unless it's family). Depending on the program you got approved for you might have to bring in the 5% down from your own funds. Did the loan officer say what would be acceptable sources for the 5% down?

 

Off-topic for Mod: How did you get "unregistered" next to your name? Can people post without creating an account now?

Edited March 7, 2007 by liverichly

[Scene]

I'm a first time home buyer in MD, I heard of a $5,000 Citibank Grant available but can't find info on it anywhere. Anything else?

[liverichly]

Not a huge list for MD, but:

 

Annapolis Homeownership Gap Financing Program (GAP)

$40,000 (410) 269-1222

Annapolis Homes for America Homeownership Closing Cost Program (HCC)

$40,000 (410) 269-1222

Anne Arundel County Arundel Community Development Services Inc Mortgage Assistance Program (MAP)

$25,000 (410) 222-7600

Baltimore Buying Into Baltimore Home Sale Program (BIB)

$3,000 (410) 396-4606

Baltimore City Employee Homeownership Program

$3,750 (410) 396-3124

Baltimore County Incentive Purchase Program (IPP)

$3,000 (410) 887-3803

Baltimore Empowerment Zone Housing Venture Fund Program

$5,000 (410) 396-3124

Baltimore Neighborhood Housing Services of Baltimore Inc Closing Cost Loan Program (CCLP)

$5,000 (410) 327-1200

Charles County First Time Home Buyers Settlement Expense Loan Program (SELP)

$4,000 (301) 934-9305

Cumberland Neighborhood Housing Services Closing Cost Grant (CCG)

$1,000 (301) 722-6958

Rockville REACH Program (DAP)

$7,500.00 (301) 590-2014

 

You'd have to get in touch with CitiBank to get more information on that particular grant you asked about, or if someone has used it here in the past they might be able to offer you input, but calling CitiBank would likely get the quickest response.

[Scene]

Wow, thanks!

[Amadi]

I had to change my name for personal reasons.

 

I am located in Tx. The seller is giving me $9400 towards closing and I have to come up with $4950. I can have gifts or funds from the gov't.

[liverichly]

I had to change my name for personal reasons.

 

No biggie, thought it was kinda cool.

 

Here's what I can find on TX, Tom Burris (dallasloanguy) and/or Cedric C. (cedski) might also have some info since they are both in TX.

 

Abilene First Time Home Buyers (FTHB) Program

$3,000 (915) 676-6363

Arlington Homebuyers Assistance Program (AHAP)

$4,000 (817) 459-6231

Athens Homebuyer Assistance Program (HAP)

$7,500 (903) 677-6610

Austin Housing Finance Corporation Home Downpayment Assistance Program (HDPA)

$5,000 (512) 499-3149

Brazoria County First Time Homebuyer Program

$5,000 (979) 864-1860

Bryan Down Payment Assistance Program (DA)

$12,500 (979) 209-5183

College Station Downpayment Assistance Program

$15,000 (979) 764-3810

Corpus Christi Home Buyer Program (HBP)

$3,000 (361) 880-3010

Corpus Christi New Construction Homebuyer Program (NCP)

$20,000 (361) 880-3010

Dallas County Upfront Cost Assistance (UPCAP) Program

$3,000 (214) 819-6060

Dallas Mortgage Assistance Program (MAP)

$13,500 (214) 651-7789

Dallas Piedmont/Seyene Housing Trust Fund Homeowner Assistance Plan

$14,000 (214) 943-9007

Denton Homebuyer Assistance Program (HAP)

$19,900 (940) 349-7726

El Paso Housing Assistance Program (HAP)

$20,000 (915) 541-4888

Fort Worth Closing Cost Assistance Program (CCAP)

$3,000 (817) 874-7540

Fort Worth Deferred Payment Loan (DPL)

$14,999 (817) 874-7540

Garland NU STAR Infill Program (INFILL)

$10,000 (972) 205-3321

Garland Village of Eastgate Homebuyer Assistance Program (HAP)

$8,700

Greenville Homebuyer Assistance Program (HAP)

$5,000 (903) 457-3160

Harlingen Community Development Corporation Homebuyers Program (HP)

$40,000 (956) 421-2351

Harris County HACH Public Housing Homeownership Program (PHHP)

$25,000 (713) 260-0763

Harris County Mortgage Assistance Program (MAP)

$35,000 (713) 578-2000

Harris County/Houston City-Homebuyer Assistance Program (HAP)

$9,500 (713) 644-8488

Hidalgo County Homebuyer Assistance Program (HAP)

$5,000 (956) 318-2619

Houston Alliance for Multicultural Community Services The Alliance IDA Program (IDA)

$4,000 (713) 776-4700

Houston Covenant Community Capital Corporation Smart Savings Program (SSP)

$2,000 (713) 223-1864

Laredo First Time Homebuyer Downpayment Assistance Program (FTHB)

$15,000 (956) 795-2675

Lubbock Down Payment & Closing Cost (DP/CC) Assistance Program

$4,000 (806) 745-9559

Marshall First Time Homebuyer Downpayment and Closing Cost Program (FTHB)

$2,500 (903) 935-4457

McLennan County Neighborhood Housing Services of Waco, Inc. Downpayment Assistance Program (DAP)

$12,000 (254) 752-1647

Midland Neighborhood Housing Services Down Payment Assistance Program (DPAP) - NCR/Option 2

$3,000 (915) 687-6647

Midland Neighborhood Housing Services Down Payment Assistance Programs (DPAP) - HIP/Option 1

$3,000 (915) 687-6647

Multi Counties Lubbock Housing Finance Corporation Welcome Home Gift Program (GIFT)

$6,300 (806) 745-9559

Multi Counties Southeast Texas Finance Corporation First Time Homebuyer Assistance Program (FTHP)

$5,000 (281) 484-4663

New Braunfels Homebuyer Assistance Program (HAP)

$5,000 (830) 608-2100

Nueces County Community Action Agency First Time Homebuyers Program

$13,000 (361) 883-7201

Pasadena First Time Homebuyer Assistance Program - SETH

$5,000 (281) 484-4663

Plano First Time Homebuyer Program (FTHB)

$4,000 (972) 941-7665

Round Rock Home Ownership Assistance Program (HOAP)

$5,000 (512) 341-3320

San Antonio Homeownership Incentive Program (HIP)

$8,000 (210) 225-6833

San Antonio Our Casas Leverage Loan Program (LLP)

$10,000 (210) 225-6833

San Benito HOME Investment Partnership Program (HIPP) 2nd Lien

$10,000 (512) 475-1391

San Benito HOME Investment Partnership Program (HIPP) 3rd Lien

$5,000 (512) 475-1391

Sherman First Time Homeownership Closing Cost Grant Program (FHCCP)

$2,000 (903) 892-7227

Tarrant County Housing Partnership Inc Homebuyer Assistance Program (HAP)

$4,000 (817) 924-5091

Temple Affordable Housing Program (AHP) 2nd

$5,000 (254) 298-5670

Temple Affordable Housing Program (AHP) 3rd

$1,250 (254) 298-5670

Temple Homeownership Program (HOP) 2nd

$7,500 (254) 773-2009

Temple Homeownership Program (HOP) 3rd

$2,500 (254) 773-2009

Terrell First Time Homebuyer Program (FTHP)

$5,000 (972) 551-6670

Texas City First Time Homebuyer Assistance Program (FTHB)

$2,500 (409) 643-5730

Texas United Cerebral Palsy of Texas Home of Your Own (HOYO) First Time Home Buyer Grants (HBA)

$14,999 (512) 472-8696

Val Verde County Del Rio Housing Authority Homebuyer Assistance Program (HAP)

$50,000 (830) 774-6506

Victoria Mortgage Assistance Program (MAP)

$1,500 (361) 572-2795

Waco New/Acquisition Housing Loan Program (HLP)

$18,000 (254) 750-5629

Webb County Laredo-Webb NHS First Time Homebuyer Home Ownership Pilot Program (HOP)

$2,000 (956) 712-9100

Wichita Falls First-Time Homebuyers Program (FTHP)

$7,500 (940) 761-7454

[MikeBlue]

Not a huge list for MD, but:

 

Annapolis Homeownership Gap Financing Program (GAP)

$40,000 (410) 269-1222

Annapolis Homes for America Homeownership Closing Cost Program (HCC)

$40,000 (410) 269-1222

Anne Arundel County Arundel Community Development Services Inc Mortgage Assistance Program (MAP)

$25,000 (410) 222-7600

Baltimore Buying Into Baltimore Home Sale Program (BIB)

$3,000 (410) 396-4606

Baltimore City Employee Homeownership Program

$3,750 (410) 396-3124

Baltimore County Incentive Purchase Program (IPP)

$3,000 (410) 887-3803

Baltimore Empowerment Zone Housing Venture Fund Program

$5,000 (410) 396-3124

Baltimore Neighborhood Housing Services of Baltimore Inc Closing Cost Loan Program (CCLP)

$5,000 (410) 327-1200

Charles County First Time Home Buyers Settlement Expense Loan Program (SELP)

$4,000 (301) 934-9305

Cumberland Neighborhood Housing Services Closing Cost Grant (CCG)

$1,000 (301) 722-6958

Rockville REACH Program (DAP)

$7,500.00 (301) 590-2014

 

You'd have to get in touch with CitiBank to get more information on that particular grant you asked about, or if someone has used it here in the past they might be able to offer you input, but calling CitiBank would likely get the quickest response.

Hi,

Just wondering if you have a list for Oklahoma?

Thanks,

Mike

[liverichly]

Just wondering if you have a list for Oklahoma?

 

Sure do, these aren't my lists, but Mr. Tygart's.

 

Grady County Homebuyer Assistance Program (HAP)

$12,500 (405) 224-5211

Lawton Homebuyers Assistance Program (HAP)

$40,000 (580) 581-3347

Midwest City Homebuyers Assistance Program (HAP)

$2,500 (405) 739-1221

Multi Counties Community Action Resource & Development (CARD) Opportunity to Own Assistance Program (OAP)

$25,000 (918) 341-5000

Multi Counties Ki Bois Community Action Foundation Inc Home Buyer Program (HBP)

$7,500 (918) 967-9050

Multi County Community Action Project of Tulsa County Inc. First Time Home Buyers Program (FTHP)

$7,000 (918) 382-3241

Oklahoma City Down Payment/Closing Cost Program (DPCC)

$3,500 (405) 297-2904

Oklahoma Community Action Agency of Oklahoma City and Oklahoma/Canadian Counties Inc Home Buyer Program (HBP)

$6,600 (405) 232-0199

Oklahoma Housing Authority of the Peoria Tribe of Indians of Oklahoma Down Payment Assistance Program (DAP)

$20,000 (918) 542-1873

Tulsa Housing Partners of Tulsa, Inc. First Time Homebuyers Program (FTHP)

$2,000 (918) 581-5907

[MikeBlue]

Just wondering if you have a list for Oklahoma?

 

Sure do, these aren't my lists, but Mr. Tygart's.

 

Grady County Homebuyer Assistance Program (HAP)

$12,500 (405) 224-5211

Lawton Homebuyers Assistance Program (HAP)

$40,000 (580) 581-3347

Midwest City Homebuyers Assistance Program (HAP)

$2,500 (405) 739-1221

Multi Counties Community Action Resource & Development (CARD) Opportunity to Own Assistance Program (OAP)

$25,000 (918) 341-5000

Multi Counties Ki Bois Community Action Foundation Inc Home Buyer Program (HBP)

$7,500 (918) 967-9050

Multi County Community Action Project of Tulsa County Inc. First Time Home Buyers Program (FTHP)

$7,000 (918) 382-3241

Oklahoma City Down Payment/Closing Cost Program (DPCC)

$3,500 (405) 297-2904

Oklahoma Community Action Agency of Oklahoma City and Oklahoma/Canadian Counties Inc Home Buyer Program (HBP)

$6,600 (405) 232-0199

Oklahoma Housing Authority of the Peoria Tribe of Indians of Oklahoma Down Payment Assistance Program (DAP)

$20,000 (918) 542-1873

Tulsa Housing Partners of Tulsa, Inc. First Time Homebuyers Program (FTHP)

$2,000 (918) 581-5907

Hi,

Thanks!

Sincerely,

Mike

[brubaker]

Some others I found listed on another site (not state specific):

 

· The Nehemiah Program-Provides a gift of 1% to 6% of the contract sales price to be used toward a down payment and closing costs.

· Family Home Providers-Gives a gift of 3% or more of the contract sales price to be used toward a down payment and closing costs.

· The Hart Program-Homebuyers can receive up to $15,000.00. The amount of the gift is based on need and is not a set percentage of the sales price. Homebuyers do not need to be first-time homebuyers to qualify for HART gift funds.

· The New Life Family Housing Group, Inc.-Helps the buyer receive up to 9% of the sales price in the form of a Home Grant through the Homeownership Foundation of America to apply toward closing costs and down payment requirements.

· The AmeriDream Charity, Inc.-Eligible buyers can receive up to five percent of the purchase price of a home. This gift, which does not have to be repaid, can be used for a down payment or closing costs.

· Homestead Trust- The Harford Food Bank, administered through the Homestead Trust, will allow gifts up to 10% of the contract sales price of the home for a down payment and closing costs.

· National Home Down Payment Gift Program- Buyers can buy a home without having a lot of their own money as down payment, buy any home anywhere, use any real estate agent they want to help them find a home, use any mortgage lender that has an eligible loan program (which is just about all lenders), and use a portion of the money to help pay for some, if not all, of the closing costs.

· Neighborhood Gold- Works with The Buyers Fund, Inc., a non-profit organization, to provide grants for prospective homeowners. This money can be used for a down payment or closing costs according to FHA guidelines. Because the money is a gift, it does not have to be repaid.

· The OWN Program - Provides a gift, which will be wired directly to the closing office/closing attorney in the homebuyer's name, to be used for a down payment and/or closing costs. The gift can vary from 2% to 5% of the contract sales price, depending on circumstances.

[Amadi]

thanks a bunch! i'll try them out!

[beewit1]

Great info!

[blackberry74]

Thanks for that list, Brubaker. Great info!

[iluvthedusk]

that is great info. Anything for NJ? Anybody?

 

How about a pinned sticky for all 50 states

[DallasLoanGuy]

that is great info. Anything for NJ? Anybody?

 

How about a pinned sticky for all 50 states

 

 

 

remember.... not all of these programs will have money. some get a pile of cash and it goes fast.

 

 

 

start with your county and local websites and dig/search for the 'homeowner' section or for 'down pmt assist'

 

 

 

i was told about a particular program by a borrower and it took me forever to find it..... not like it was linked on the home page, ya know

[liverichly]

New Jersey:

 

Atlantic City Casino Reinvestment Development Authority (CRDA) Brighter Tomorrow Home Loan Program (HLP)

26,900 (609) 347-0500

Burlington County First Time Homebuyer Program (FTHP)

$3,500 (609) 265-5072

Camden First Time Homebuyers Program (FTHP)

$3,500 (856) 757-7284

East Orange Homebuyers Purchase Program (HPP)

$10,000 (973) 266-5416

Gloucester County Homebuyers Program (HP)

$10,000 (856) 384-6986

Hudson County First Time Homebuyers Program (FTHP)

$20,000 (201) 875-5581

Jersey City, First Time Homebuyer Program

$25,000 (201) 547-4793

Monmouth County First Time Homebuyers Program (FTHP)

$10,000 (732) 431-7490

Ocean County First Time Homebuyer Program (FTHP)

$7,000 (732) 929-2054

Vineland Strategic Neighborhood Assistance Program/Urban Coordinating Council Home Ownership Assistance Program (HOAP)

$2,500 (856) 563-5376

[liverichly]

duplicate post

Edited March 8, 2007 by liverichly

[KYBOSH]

Whatcha got for Georgia?

 

Thanks!

[liverichly]

GA:

 

Atlanta Consumer Mortgage Counseling Service Down Payment Assistance Program Grant (DPAP)

Max 5% (770) 455-1770

Charlton County Community Home Investment Program (CHIP) Downpayment and Closing Cost Assistance

10,000. (912) 496-2549

Clarke County Housing & Economic Leadership Partners Inc Direct Homeownership Assistance Program

$7,000 (706) 549-5200

Georgia Housing Yes Inc Helping Hands Program (GIFT)

$8,830 (67 937-0432

Hall County Down Payment Assistance Program (DPAP)

$2,000 (770) 297-1800

Multi Counties United Way of Metropolitan Atlanta IDA Program (IDA)

$5,250 (404) 527-3549

Savannah Dream Maker 1 - City Wide (DM1)

$4,000 (912) 651-6926

Savannah Dream Maker 2 - Target Neighborhood (DM2)

$8,000 (912) 651-6926

Savannah Dream Maker 3 - Infill Housing Neighborhood Street and Block Revitalization Projects (DM3)

$50,000 (912) 651-6926

[captainshawn64]

How about a list for louisiana?

Thank's...

[jxd1843]

i AM IN A ROUGH POSITION WOULD WESTERN PA HAVE A PROGRAM LIKE THIS?

[liverichly]

Here you go guys.

 

Louisiana:

Jefferson Parish First Time Homebuyer Assistance Program (HAP)

$20,000 (504) 736-6267

Lafayette First Time Home Buyer & Closing Costs Revolving Loan Fund Program (FTHBP)

$5,000 (337) 291-8433

New Orleans Neighborhood Housing Services Downpayment and Closing Cost Assistance Program (DCCA)

$3,000 (504) 899-5900

New Orleans PRIDE Down Payment & Closing Cost Assistance Program

$3,000 (504) 524-5533

Orleans Parish Central City Housing Development Corporation TANF Home Ownership Assistance Program (TANF)

$2,500 (504) 522-4273

 

 

Pennsylvania:

Bucks County First Time Homebuyer Program (FTHB)

$10,000 (215) 598-3566

Carbondale First Time Homebuyer Assistance Program

$5,000 (570) 282-0280

Chester Economic Development Authority Moderate Income Homebuyer Assistance Program (MIHAP)

$5,000 (610) 447-7850

Chester Homebuyer Assistance Program (HAP)

$10,000 (610) 447-7850

Dauphin County First Time Home Buyers Program (FTHB)

$3,500 (717) 780-6250

Jeannette Downpayment and Closing Cost Assistance Program (DAP)

$3,000 (724) 527-4000

Luzerne County The Growing Homeowners Initiative Program (GHI)

3750.00 (570) 824-4803

Pennsylvania Trehab Center Inc Homeownership Program (HP)

$14,999 (570) 278-5238

Philadelphia Neighborhood Housing Services, Inc. Settlement Cost Assistance GRANT

$1,000 (215) 829-9899

Philadelphia Settlement Grant Program

$1,000 (215) 686-9706

Schuylkill County Schuylkill Community Action Closing Cost Assistance Program (CCAP)

$1,000 (570) 622-1995

Scranton Homebuyers Assistance Program (HAP)

$10,000 (570) 348-4168

York 3/2 Low, Moderate & Unlimited Income Mortgage Assistance Program (MAP)

$25,000 (717) 854-1541

York County 3/2 Low Income Program (LIP)

$5,000 (717) 854-1541

[gunner1]

Hello I hate to be a pain but anything for MI? please and thanks in advance. 88rover

[liverichly]

It's no trouble:

 

Berrien County Greater Niles Community Development Corporation Acquistion/Development/Resale Program (ADR)

$5,000 (517) 241-4474

****inson and Iron Counties ****inson Iron Community services Agency/U.P. Community Services, Inc.(DICSA/UPCSI) Home Purchase Program (DPAP)

$5,000 (906) 774-2256

Jackson County Jackson Affordable Housing Corporation Downpayment Assistance Program (DAP)

$3,000 (517) 788-4626

Lansing Down Payment Assistance (DPA) Program

$3,000 (517) 372-5980

Lansing Home Ownership Program for Employees (LHOPE)

$6,000 (517) 483-4593

Multi Counties Little Travese Bay Band of Odawa Indians Down Payment/Closing Cost Assistance Program (LTBB)

$5,000 (231) 242-1546

Schoolcraft County Homebuyer Assistance Program (HAP)

$5,000 (906) 341-5126

Wayne County First Time Home Buyers Program (FTHB)

$3,000 (313) 224-5011

 

Not sure why there are **** for that particular counties name, but if you know the county I figure you would probably know the complete county name.