Well, not necessarily for minorities, but HUD will finance in what they designate ';blighted'; areas which are usually run down urban areas. www.naca.com also will help first time homebuyers and they do their own mortgage financing. they are a non-profit housing advocacy group. there are many first time homebuyer programs out there, but they aren't based on ethnicity, just on being a first time homebuyer. Good luck!Are there grants available to minorities for buying homes?
www.HUD.gov is the Department of Housing and Urban Development, they have a lot of advice there of where to find them.Are there grants available to minorities for buying homes?
There are downpayment assistance programs open to anyone whose income matches the requirements. To know which ones will work best for you (ordinarily for first time homebuyers) talk with a mortgage broker.
Some downpayment programs can now be matched with even BC lenders (lenders who provide loans to people with low credit scores or limited funds).
Yep. And single mothers, low income families, cops firefighters and medical workers, and many others.
Do an online search for ';housing finance agency (insert your state here)';
Every state has one, and they're the ones in charge of doling out the grant money. Find them and contact them.
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