There are funds available for downpayment assistance for home buyers. Especially first-time homebuyers and first-generation home buyers. By the way, often people who have not purchased a home in the last three years qualify as first-time home buyers.
There are programs for specific areas like the whole city of St. Paul or Minneapolis. My husband and I bought our first home using a program through the City of St. Paul. Through the program, we got a forgivable downpayment grant and a lower interest rate. I can still remember how thrilled we were to be homeowners.
Just click on the link to learn more about downpayment assistance.
Ask your lender about down payment assistance programs and other programs you might be eligible for. Some of these programs will run out of money long before the year is over so hurry.
I have helped several home buyers successfully use downpayment assistance. I believe in these programs because they made a huge difference in my own life.
