Federal Home Buying - Grants
To qualify for most federally funded home-buying programs, you generally need:
: Often structured as a grant or a "silent" second mortgage that is forgiven if you stay in the home for a set period. federal home buying grants
: Specific funds to help cover the 2%–5% of the home price typically required for closing. Typical Eligibility Requirements To qualify for most federally funded home-buying programs,