Down
Payment for a Home - You Can Get It
In
the past, home mortgage lenders required
as much as 50% down to purchase a home. Today a conventional mortgage generally requires 20% down and FHA
requires 3.5% down (first time home buyers). There are many ways to obtain a down payment such as the following.
- Start saving early. Open up a special checking account and save a
minimum amount weekly, bimonthly or monthly.
- Save your tax refunds
- Work a part-time job/second
job until you save a desired amount
- Get a better paying job and
save the difference between the old job and the new
- Check out government and
private programs such as the one's listed below
The
Nehemiah Program
Helping
People Become Homeowners
State:
All States
Phone:
(877) 634-3642
Fax:
(916) 326-5428
Email:
dap@getdownpayment.com
Website:http://www.getdownpayment.com
Website:http://www.nehemiahcorp.org
AmeriDream,
Inc.
Doing
things right for America's homebuyers
State:
All States
Phone:
(866) 263-7437
Fax:
(301) 977-9713
Email:
info@ameridream.org
Website:http://www.ameridream.org
Address:
200 Professional Dr.
Suite 400
Gaithersburg, MD 20879
Partners
In Charity
Down
Payment Gifts from 2% to 10%
State:
All States
Phone:
(800) 705-8350
Fax:
(800) 514-9848
Email:
info@partnersincharity.org
Website:http://www.partnersincharity.org
Address:
613 West Main Street
West Dundee, IL 60118
Futures
Home Assistance
Down
Payment Gifts Up to 6%
State:
All States
Phone:
(800) 672-4055
Email:
info@fhap.org
Website:http://www.hbkcapital.net/fhapinfo/
Address:
613 West Main Street
West Dundee, IL 60118
