19 - Down Payment Assistance Programs

First Time Home Buyers - How To Buy a Home

We dive into the world of down payment assistance programs and how they can help you achieve your dream of homeownership. With housing affordability becoming a growing issue, these programs are becoming increasingly important for first-time buyers.
In this episode, we discuss:

• The different types of down payment assistance programs and how they work
• The various requirements needed to be considered for these programs, such as income, credit score, and residency restrictions
• The upsides and downsides of using down payment assistance programs, including the impact on your buying power and potential disadvantages in a competitive seller's market
• Tips on how to find and apply for these programs in your local area

Whether you're struggling to save for a down payment or just need a little extra help with closing costs, down payment assistance programs can be a valuable resource in your home buying journey. Listen in to learn more about these programs and how they can help you achieve your homeownership goals!

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