: Mandatory completion of a HUD-approved homebuyer education course. Home buying assistance | USAGov
: Programs like the Homebuyer Dream Program provide grants up to $30,000 for down payments and closing costs for those earning 80% or less of the Area Median Income. Indirect Federal Grants (State & Local) federal home buying grants
: Specific funds to help cover the 2%–5% of the home price typically required for closing. Typical Eligibility Requirements : Mandatory completion of a HUD-approved homebuyer education
: Often structured as a grant or a "silent" second mortgage that is forgiven if you stay in the home for a set period. federal home buying grants
: Defined as not having owned a home in the past three years.