Is there any government grants for first time home buyers on modular homes?
Modular Home Questions June 10th, 2009Is there any government grants for first time home buyers on modular homes?
I want to know if any government grant or program is availlable for me when buying a new modular home or maybe a stick built home. I prefer the grants that are not required to be paid back. Basically what are the options for me?
I live in SOUTHERN ILLINOIS
June 10th, 2009 at 1:05 pm
You are looking for the government to grant you money to buy a house that won't be paid back?
Education yes. You might find a local organization who works with the disadvantaged and those in poverty to help find affordable homes and financing; check the local yellow pages under housing. Outright grant? No.
June 10th, 2009 at 1:05 pm
Check your local and state housing authority. They DO offer some grants to qualified people. The best way is to look in the paper for a new home buyer seminar or call a mortage broker or bank to speak with a loan officer. You don't necessarily need to do business with them to get a phone number for a your state or local housing authority. If someone doesn't know, ask someone else. They do exist but availability depends on your state and local government. They may be able to offer a grant for downpayment that is not repayable unless you sell the house.