Homebuyer assistance finder

Homebuyer assistance programs and grants are forms of financial assistance available to eligible homebuyers. Some programs offer lower down payments or interest rates, while others are designed to help with closing costs. Oftentimes, homebuyer assistance programs and grants are intended for specific demographics, like first-time homebuyers, military veterans or low-income households. In addition to any eligibility criteria, the programs typically come with specific requirements for how the financial assistance is used.

You can apply for homebuyer grants by finding available programs in your state of primary residence and assessing your eligibility for the program before submitting your application. You may want to verify the grant is being offered through a trusted financial or government website. Consider speaking with a home lending advisor to help review your options.

The qualifications for homebuyer grants vary depending on the program. You may come across first-time homebuyer programs or VA loans that have upfront requirements. Certain program qualifications are based on the financial situation of the prospective borrower, taking such factors as income level or credit score into consideration.

Grants for closing costs and down payments are available for eligible homebuyers at the local, state and federal level.

Grants are typically considered "gifts" without expectations of repayment. Nonetheless, it’s generally best practice to familiarize yourself with the terms of homebuyer grants or assistance programs before applying.