Other Renters to Homeowner Programs

This is a program that assists low-and very-low-income applicants obtain housing in eligible rural areas by providing payment assistance to increase an applicant’s repayment ability. Payment assistance is a type of subsidy that reduces the mortgage payment for a short time. Assistance is determined by the family income.

For borrowers with at least a 580 credit score and who have at least 3.5% down payment.

This is a down payment assistance program offered by US Bank that provides for a grant to help cover down payment and closing costs. The American Dream program is a hybrid of the typical mortgage type of loans and Government programs. In the event an applicant has no credit, this program can use third party items such as utilities to support credit worthiness.

US Bank is partnering with Housing Finance Agencies (HFAs), government municipalities and nonprofit partners across the U.S. to make down payment programs available for potential home buyers. These programs provide first-time home buyers with money to cover some or all of their down payment. This can be in the form of loans, grants and tax credits. One of the notable grant programs is the Making Community Possible Program and the American Dream program.

HomeReady offers high loan-to-value (LTV) ratio financing to help homebuyers who would otherwise qualify for a mortgage but may not have the resources for a larger down payment. HomeReady mortgages offer low rates, minimal risk-based price adjustments compared to other programs, and reduced mortgage insurance costs.

Home Possible Advantage is Freddie Mac's newest effort to foster a strong and stable mortgage market. Key Facts: Home Possible Advantage offers qualified low and moderate income borrowers a conforming conventional mortgage with a maximum loan-to-value ratio of 97 percent.

Worldwide Christian centered program that allows people to earn a new affordable home thru sweat equity (participating in the home building of theirs & other habitat homes) & an affordable mortgage coupled with financial education programs.  All 50 States & 70 countries.