Down payment assistance programs when buying a home come in handy when you are low on cash. For families that qualify there are some home loans in qualified rural areas. One such loan is USDA, a Government-Backed home loan. It allows more families to take part in home ownership. The USDA program is financing for new homes, resale or any home in a qualified area when you are home buying.
When buying a home, down payment assistance programs are in short supply. USDA is a good alternative for an applicant with good credit and a limited bank account. Approved lenders have the information necessary to assist you with down payment assistance programs. When you are ready to buy that next new home, please contact me, Chuck Tanner!