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The United States Department of Housing and Urban Development has a site set up to assist first time home buyers. Check them out at the government web site for your state.

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Q: What programs are available to help first time home buyers?
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What grants are available for first time buyers?

There are many grants that will help first time buyers. They begin with first time home buyers, even go to first time pool buyers.


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hi my name is mary and wanted to know some info on this housing grant that obama is giving out about first home buyers he pays 8,000 can you help me?

The first step is to visit this page on the HUD website. It will link you to local goverment grants for first time home buyers within your state. # Once you are on this page, find and select your state. # Under "Buying a Home," choose the "Assistance Programs" link. # There will be two separate categories: Regional/Statewide programs and City/Town programs. # You will need to read through each available program to decide which is right for you. Each program will have different qualifications for first time home buyer, so it is best to look at the qualifications first to see if you will meet the criteria.


Where can a first time home buyer find out about any programs that can help them attain a mortgage?

First-time home buyers should education themselves about buying a home, what it means, what it requires, how to prepare, how to budget and how to apply for a mortgage. First-time home buyers are limited only by their credit scores. Most mortgage lenders are happy to work with first-time buyers. The assumption that first-time buyers can benefit from special programs has resulted in the creation of FHA, Fannie Mae and Freddie Mac, all of which have come under much scrutiny since late 2008. The responsibility for obtaining a mortgage is clearly the onus of the borrower, and not that of any particular program.


Do any websites compare the different mortgage help programs available?

Yes there is in fact a website that does this. You can go to mortgage-x.com. There you will be able to compare the different mortgage help programs available.


What are some government mortgage assistance programs available?

There are many programs out to assist you with your mortgage. Some mortgage assistance programs include HUD and Help with Mortgage.


What is first time home buyers credit?

First time home buyer's credit will not prevent you from getting a home loan. This credit is intended to help first time home buyers. You can check with your lending company to get more information.


Have interest rates for purchase of a home dropped?

Interest rates for home purchase are very low right now. It is a great market to buy a home, especially for first time home buyers. Local banks as well as large corporations are offering many programs to help potential home buyers purchase a home that is within their budget.


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The Small Business Administration (SBA) offers many loans and financing programs that are available to small business owners to help out their companies.