Great programs that help thousands of families realize their dream of home ownership by assisting them with the down payment and closing costs are available through government and community action groups.

Below is a list of national organizations that provide assistance for home buyers.

American Dream Charity
1 East Diamond Ave. Suite C
Gaithersburg, MD 20877
301-977-9133

American Dream Charity provides gift funds of up to 5 percent of the homes sale price. You do not need to be a first time home buyer to be
eligible for this program. Any home can qualify if it meets the standards and criteria of the mortgage that the home buyer is using to purchase the home. The price that the home is selling for must not exceed it’s appraised value, The seller of the home must agree to contribute to the CDS Home Grant Program and pay the processing of 650 dollars.

Genesis Program
8834 N Capital Of Texas Hwy.
Suite 110
Austin TX 78759
512-231-0270

The funds from this program can be used for down payment, closing costs or to payoff debts to qualify for a mortgage. There are no geographic restrictions and conforming and no-conforming mortgages are accepted. Registration by the Realtor or Mortgage company is not
required. Genesis can provide the funds within 24 hours of receiving the required paperwork. You do not have to be a first time home buyer
to qualify and up to 22,500 dollars is available for single family homes, townhouses and manufactured homes.

Hart Program
Rancho Cucamonga, CA
909-454-1574

Hart provides gift funds of up to 15,000 dollars. You do not need to be a first time home buyer to be eligible for this program. Any home can
qualify if it meets the standards and criteria of the mortgage that the home buyer is using to purchase the home. The price that the home is
selling for must not exceed it’s appraised value, The seller of the home must agree to contribute to the CDS Home Grant Program and pay the processing of 650 dollars for homes sold for 100,000 dollars or less or 950 dollars for homes sold for more than 100,000 dollars.

Nehemiah
1851 Heritage Lane Suite 201
Sacramento, CA 95815
916-231-1999

Nehemiah provides gift funds of up to 3 percent of the homes sale price. You do not need to be a first time home buyer to be eligible for this program. Any home can qualify if it meets the standards and criteria of the mortgage that the home buyer is using to purchase the home. The price that the home is selling for must not exceed it’s appraised value, The seller of the home must agree to contribute 3 percent to Nehemiah Corporation and pay a processing fee of 800 dollars on a new home or 950 dollars for an existing home.

Partners In Charity
10 E. Main St. Suite 114
East Dundee, IL 60118
1-800-705-8350

Partners In Charity provides gift funds of up to 5 percent of the homes sale price. You do not need to be a first time home buyer to be eligible for this program. Any home can qualify if it meets the standards and criteria of the mortgage that the home buyer is using to purchase the home. The price that the home is selling for must not exceed it’s appraised value, The seller of the home must agree to make a contribution to PIC and pay a processing fee of 3/4 percent of the homes sale price.

Neighborhood Gold
313 East University Parkway
Orem, UT 84058
888-627-3023

Neighborhood Gold provides gift funds of up to the homes appraised value. You do not need to be a first time home buyer to be eligible for
this program.

Midwest Grants

Midwest Grants provides gift funds of up to the homes appraised value. You do not need to be a first time home buyer to be eligible for
this program.

Homestead Trust
1-877-550-7005

Homestead Trust provides gift funds of up to 10 percent of the homes sales price. Funds can be used for down payment and closing costs.
You do not need to be a first time home buyer to be eligible for this program.

Realty America
2040 Hwy A1A Suite 206
Indian Harbor Beach, FL 32937
1-888-708-6005

Realty America provides gift funds of up to 5 percent of the homes sales price. Funds can be used for down payment and closing costs. You do not need to be a first time home buyer to be eligible for this program. Qualifying properties are single family, owner occupied homes.

National Home Foundation
15200 Shady Grove Rd Suite 202
Rockville, MD 20850
301-840-3844

National Home Foundation provides grants of up to 25,000 dollars that can be used for a down payment in conjunction with any FHA or conventional loan that allows the down payment to be a gift from a charitable organization.

Buyers Assistance

Buyers Assistance provides grants of up to 25,000 dollars that can be used for a down payment in conjunction with any FHA or conventional loan that allows the down payment to be a gift from a charitable organization.

A New Horizon
Hillsboro Executive Center North
500 Fairway Dr. Suite 208
Deerfield Beach, FL 33441
1-800-556-1548

Grant provider for first time home buyers. Call for details or visit their website.

HOPE 3

This great program makes home ownership possible by providing financial assistance to home buyers for the purchase and/or
rehabilitation eligible properties. Assistance includes:

  • Mortgage interest rate buy downs
  • Grants for down payments and closing costs
  • Loans for down payments and closing costs

You can qualify for HOPE 3 assistance if you are a first time home buyer and are below 80% of the median income for your area. The
program also requires that the cost of principal, interest, taxes and insurance (PITI) for your new home comes to no more than 30% of
your income.

The program is not available nation wide. For more information about the availability of HOPE 3 funds in your area, contact you local HUD
office.

GMAC Mortgage
1-858-450-3373

GMAC Mortgage has a program called the HomeStretch Plan. With this plan you can get a 30 year fixed rate mortgage plus a second
mortgage for up to 4 percent of the loan, that can be used for the down payment or closing costs. The second mortgage can be
completely forgiven after you have lived in your home for 10 years.

State Housing and Local Housing Programs

All of the above are private programs, you will also find many local and state programs for down payment assistance. Federal government grant money is made available mostly through state and local governments. You can find these programs by looking in the government section of your phone book under Housing Agencies or under Local Community Development . When calling them ask for details on their housing and down payment assistance programs.