Free and Proper Elections

NCFPE Poltical Blog and News Tracker

Free and Proper Elections - NCFPE Poltical Blog and News Tracker

Are There Federal Grants To Help Buy A House?

As the title says.
Are there federal grants to help buy a new home?
Are there certain types of aids or loans that could be given if the right criteria is met?
Anything special for North Carolina residents?
I will vote for the best answer, please be respectful and provide links if you can. Appreciate it!

All comments are held until links can be removed.

  • Landlord says:

    There are no grants on a federal level. NC might have some, your lender would know about them, if they exist.

    July 29, 2013 at 6:51 am
  • Steve D says:

    No, there are no federal grants to help buy a house. There are programs through the FHA that will help you buy a house for minimal amounts down (3.5% plus closing costs), but you still need the deposit and decent credit.

    July 29, 2013 at 8:49 am
  • Realtora says:

    I am being respectful, if you can’t afford to purchase with money you earned, then you shouldn’t be buying a home. It’s not your right to own a home, it a privilege. Right now I can’t buy a home either. I don’t have the money.

    July 29, 2013 at 9:56 am
  • acermill says:

    No, there are no such federal grants. You might find some state or municipal money designated to encourage buying in target areas (translated-run down), but that is the extent of same. Otherwise, you might be entitled to the first time home buyer tax credit, but that expires at the end of April.

    July 29, 2013 at 1:14 pm
  • godged says:

    Not that I have heard of. But you could contact lenders in your area to see if any local programs exist. But if there are local programs, expect them to be very competitive and therefore, you should not count on that.

    July 29, 2013 at 2:14 pm

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