by Jeff Ragan
Locate a cool list of Missouri first time home buyer grants. This page has an extensive supply of grants for home buying in this state.
Are you ready to buy that first home in Missouri? That is wonderful and a great financial step in the right direction!
Buying that first home is an awesome experience but it can also be very exhausting!
However, don't let yourself become overwhelmed with the process. I plan to give you some useful information on grants which will help you get that needed down payment.
Before we get to the topic of Missouri first time home buyer grants, I would like to give you some fun facts about your chosen state. (If you are relatively new to Missouri, I don't want you to look too much like a tourist!) These facts were obtained from the State of Missouri’s official website.
Sounds like a good place to put down some roots!
Although most of you were probably born and raised in Missouri and already know about your state, so read on for information related to the Missouri first time home buyer grants program.
Finding home mortgage grants is like finding a package gift wrapped with money. An awesome gift indeed!
The State of Missouri does offer a Missouri first time home buyer grant program for its residents. This is good news because not all states are able to offer assistance to first time home buyers.
The state agency which maintains Missouri's first time home buyer grant program is the Missouri Housing Development Commission. Missouri currently offers one type of grant.
This grant is called the "First Place Loan Program - Cash Assistance Loan". This grant can provide cash assistance of up to three percent (3%).
It is called a loan and not a grant. But if you stay in the home for five years, the loan is forgiven. Monthly payments are not required and it has zero interest. Thus if you stay in the home long enough, the loan becomes a grant.
For more information, you should visit Missouri Housing Development Commission website.
Keep in mind that the grant process can be very time consuming, so be patient and allow yourself plenty of time to complete the process.
In addition, the federal government offers grant assistance for first time home buyers in Mississippi. This program is maintained by the United States Department of Housing and Urban Development and is called the Homes and Communities program.
Their website contains useful information and applications. The website for the grant program maintained by the United States Department of Housing and Urban Development can be visited by using this link, HUD Grant Information.
Another website I would recommend that you view is Government Grants. This website offers a list of all federal government grant programs. It would be a good idea to take some time and browse through this site to see what it offers and the qualifications for application.Now you know about grant programs for your state. You still need a mortgage that works with them like the FHA program. Finding a lender who understands your needs can be difficult. , has helped millions of people like you buy their first home.
Go to House Buyer Solutions Home Page.
Thank you for visiting our website for first time home buyers. Below you'll find more information to help you with grants for housing.
This link will take you to the HUD website and you will see a map of the USA. Click on your state and then you'll find a list of the local counseling agencies in your own area.
Please tell others about this FREE information. Everybody else on the web charges for this kind of stuff!!
Also, feel free to visit any our sponsors by clicking on the links you find that interest you most.
Happy House Hunting!!