Do you know of companies that provide government grants for first time home buyers?
Question : Do you know of companies that provide government grants for first time home buyers?
I do not want to use AmeriDream nor Nehemiah… I am in contact with another organization called Bethesda Project Inc. out of MS, but feel like time is running out for me to find something. My lease runs out in less than two months and I will be buying my first house. AmeriDream and Nehemiah basically just give you money that the seller isn’t legally allowed to give you… then the seller “donates” it back to them. I am not looking for that. I want a program that really gives you grant money (gifts) directly from the government. I know there are programs like this for first time buyers. Anyone been there done that? Can you offer some suggestions, please? Has anyone heard of the American Dream Downpayment Initiative? I’m talking to Bethesda about that. It something like they offer you up to 6% of sale price up to $ 10,000. I just don’t know if it’s legit until the process is complete. I am in Chattanooga, TN. Anyone know of a local company that can assist me with this?
bethesda homes for sale
Best answer:
Answer by JBallar1
http://www.mortgagefishing.com/quote.php?sourceid=default
Check out this website to talk to some knowledgeable brokers in the area. There may be some programs with the county economic development areas, or check out the state website, but other than that, I’m not sure.
Contact the Tennessee Housing Development Agency to find out if you qualify for any of their first time home buyer programs.
Check out the site below to learn more.
Good luck!