7 First Time Home Buyer Grants For 2024

Рет қаралды 157,536

Күн бұрын

There are several grants available for first time home buyers that can help with the down payment and closing costs needed to buy a house. In this video, Nicole shares 7 grants available for first time home buyers in 2024 and how to leverage them.
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0:00 Introduction
0:24 State-run Programs
2:57 National Homebuyers Fund
4:45 Grants From Lenders
6:22 Chenoa Fund
8:06 Community Seconds
9:31 Affordable Seconds
10:19 Good Neighbor
- DISCLAIMER -
Nicole Nark is a licensed Realtor and the Principal Broker (PB00083374) of HomeWay Realty. HomeWay Realty is not a lender, does not issue loan qualifications, and does not extend credit of any kind. The topics discussed, and ideas presented are Nicole Nark's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.

Пікірлер: 329

@nalivkin-ls3pg 14 сағат бұрын

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I searched for her name on the internet, found her page, and reached out via email to schedule a conversation. Thank you.

@darnellcapriccioso Жыл бұрын

Great video! For 2023, it’s hard to nail down specific predictions for the housing market is because it’s not yet clear how quickly or how much the Federal Reserve can bring down inflation and borrowing costs without tanking buyer demand for everything from homes to cars.

@maiadazz Жыл бұрын

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@@tatianastarcic that's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well.

@tatianastarcic Жыл бұрын

@@richardhudson1243 Having a counselor is essential for portfolio diversification. My advisor is Melissa Scott Glazner who is easily searchable and has extensive knowledge of the financial markets.

@TheBgirlG Жыл бұрын

This was so helpful! I am buying my first home this 2023, and it’s so scary with how the interest rate has gone up and cost of living feels like no one (in my generation) can buy a home or start a family. Please continue on making these helpful videos!

@NicoleNark Жыл бұрын

You got this! 😊🙌

@chadhall3846 Жыл бұрын

Wait til spring, my lender thinks that rates will be going down to about 4%. I’m buying a house as well, scary stuff! But so exciting

@wauliepalnuts6134 Жыл бұрын

@@chadhall3846 This comment did not age well.

@kenyonbissett3512 Жыл бұрын

Please pay attention to Nicole’s comment about an emergency fund. Many, many homebuyers find issues despite a home inspection. Even with an insurance policy to cover the first year, there are deductibles and/or depreciation in most policies. Taxes or insurance can go up. You need the cushion.

@NicoleNark Жыл бұрын

@@kenyonbissett3512 thanks for reiterating this point! It’s essential for home buying success! 🙌🏻

@kaalaraa Жыл бұрын

I have been scouring the internet left and right with no help whatsoever. Thank you so much, you have been more than helpful 🙌🏻💗

@dalehutchings6350 9 ай бұрын

What type of programs are available for retired people who want to buy their first home.

@kenyonbissett3512 Жыл бұрын

Thank you! Very clear explanations with enough details for people to see if they might qualify. People also need to know, in cases I missed you saying it, they must live in their home for a year under FHA and most regular bank loans. If you sign the document saying you will and don’t, you can be brought up on Federal fraud charges. There are some exceptions, but buying another home as an investment isn’t one.

@lla77 Жыл бұрын

I love the video that you did about a year ago on the usda requirements. It was greatly detailed mentioning many different aspects. Like how many tradelines you would need mong many other good points. Can you do a video on the fha and there detailed requirements. You do awesome work. Thank you in advance.

@shayzee2757 Жыл бұрын

You are a wealth of knowledge and information!! Thank you!!! 👍

@NicoleNark Жыл бұрын

Thank you so much! ☺️ I’m so glad to hear that the video was helpful

@yeeefaaan9627 Жыл бұрын

Thank you so much for the info. Appreciate your time to make it accessible to me. Thank you!

@NicoleNark Жыл бұрын

Glad it was helpful!

@robertobrown5542 Жыл бұрын

Thank you Nicole, you're great.

@Didisayhi Жыл бұрын

Thanks!!! Very helpful

@techchika Жыл бұрын

Excellent as per usual. Thank you

@madisonherzog9195 Жыл бұрын

Super helpful and insightful. I would also be interested in learning more about the navy Federal program.

@NicoleNark Жыл бұрын

You got it, Madison!

@lla77 Жыл бұрын

That was absolutely a great video. Yes please give us more

@NicoleNark Жыл бұрын

Thanks Lonnie! I’m already working on the next one for you☺️

@waceera1513 Жыл бұрын

Your channel is rich with information.Thank you.

@syckindahead Жыл бұрын

💯 I aim to watch 1 video a day and take notes🤓

@2muchboobz Жыл бұрын

Very proud of you. I remember when you had less followers. Your videos are so much more clear

@NicoleNark Жыл бұрын

Thank you so much for watching! Even from the start! 🥰

@awildflowerr 9 ай бұрын

Do you know if there are options to stack multiple grants? I would like to utilize as many as possible to have a healthy equity from the jump but it seems like most are tied to the loan

@49Macman 8 ай бұрын

Thank You! I feel a little hopeful now.

@NicoleNark 8 ай бұрын

You got this! 🎉

@cheryreynald8 5 сағат бұрын

Thank you so much for all the information

@yolandawindycitylife731 10 ай бұрын

I like to say thank you I saw your video on first time home grants and I got approved so thank you

@NicoleNark 8 ай бұрын

Fantastic!

@nicet2912 Жыл бұрын

Thank you for the great information. Are there any similar programs for retired military personnel, with and without service connected disabilities?

@almapinon4299 Жыл бұрын

Thank you Nicole for the information interested your topic

@NicoleNark Жыл бұрын

Glad it was helpful!

@Mrs.Fineapple Жыл бұрын

Great information, thanks, Nicole! Off-topic, this olive green is def your color, you look gorgeous.

@NicoleNark Жыл бұрын

Thank you so much!

@wandajones296 Жыл бұрын

Yes, I would like to know about the NFC U loan program, please make a video!

@allpharaohcious Жыл бұрын

Love your content, thanks for sharing your valuable insights! What I’ve noticed is no program ever mentions “new construction,” and I’m perplexed as to why… owning a lot, and wishing to build on it, doesn’t mean you’re well off, and isn’t easier to finance, especially if you owe on the land, yet even energy tax credits are specifically excluding new construction, giving no incentive to build green from scratch? Just seems like there’s an entire sector being neglected. Curious on your thoughts, or maybe programs do exist that I’m oblivious to? Look forward to some feedback :) Thank you!

@Psalms20A21 3 күн бұрын

🧠Thanks! Will share!

@sarahcortese4977 Жыл бұрын

Thank you! 😊

@PinUpCaliforniaGirl Жыл бұрын

Hi Nicole all information is super helpful but will help even more if you add the websites . I have been looking on their em websites and is confusing

@patriciabalcazar3361 Жыл бұрын

Thanks for the information

@NicoleNark Жыл бұрын

My pleasure

@anita-. Жыл бұрын

Thank you for the wealth of information

@NicoleNark Жыл бұрын

It's my pleasure! Thanks for watching 😊

@marcusaurelius7472 Жыл бұрын

Is there a way to combine a va loan with a good neighbor discount, or maybe a grant to help a veteran start farm in a rural area?

@joelagustin2632 Жыл бұрын

Thank you for the information. I am buying a house in TX as a retirement house but I am not a resident in TX. I live in NYC. What are the repercussion of buying a house if you are not listed as a resident in the area? Let me know please?

@kendallmcguire Жыл бұрын

Love you videos!

@ritchefabian Жыл бұрын

Thank you for the info. I’m a first time buyer and looking for agent in the Joshua Tree area in California. Do you have any recommendation who to go to?

@danielalopresti4780 Жыл бұрын

thank you for the information

@NicoleNark Жыл бұрын

You're welcome

@amuroray2146 Жыл бұрын

Thank you Nicole

@NicoleNark Жыл бұрын

Thank you so much for watching!

@dunyasonya3042 Жыл бұрын

Thank You!!! very helpful infortmation, i just bought my first time home , am I qualify or it is too late?

@gabl3400 Жыл бұрын

I would love more videos about the private sector grants

@kinghunternick1365 Жыл бұрын

Is it possible to apply to all of these programs all at once?

@FASHION_INFLUENCED41 Жыл бұрын

Yes! I wanna know....

@chadhall3846 Жыл бұрын

Hi there, can you use multiple grants or programs for assistance?

@punkrockwife8110 Жыл бұрын

When calculating DTI do they also look at collections, or take account for how old they are?

@elainemalcolm8349 Жыл бұрын

Hello Nicole thank you for this wonderful information, how would I know if I am qualify for any of these programs.

@richardvasquez9668 Жыл бұрын

New Mexico! WOOT, WOOT!!

@jakebritton2804 Жыл бұрын

I would love to see more videos about these!!

@jakebritton2804 Жыл бұрын

I’m here in Arkansas. Conway area, and I just can not seem to find a way to get a home. I always come here to help look at my options.

@NicoleNark Жыл бұрын

You got it Jake! I’m working on more videos now. If you ever want to get in touch, you can find my contact like in my bio 🏡

@michaelmalley3791 3 ай бұрын

Thank you, Nicole!😊😊

@NicoleNark 3 ай бұрын

You are so welcome!🤗

@KingChong9177 Жыл бұрын

This was an awesome video! Very informative about the various programs that are out there. One quick question that I have is, would a registered nurse qualify for the good neighbor program?

@shawnkelley3695 Жыл бұрын

"States" qualify for the "good neighbors program"..... Google/realtor.....HR-- registered nurse ("company" ----> good neighbors program.....🤔)

@mortgagewithclare Жыл бұрын

Great video!

@NicoleNark Жыл бұрын

Thank you for watching!

@royallechannel1610 Жыл бұрын

- where would I be able to complete a 1 time home buyers workshop?

@bluscorpion Жыл бұрын

Do you know if either CT or NJ has these grant programs? Thanks!

@tanyazuniga320 Жыл бұрын

I was wondering more grant and down payment videos and is there any grants for down payments and closure costs for the blind/disabled

@GiamatiStryke7 Жыл бұрын

Great Video 👍

@NicoleNark Жыл бұрын

Thanks! Glad you enjoyed it!

@roswelarea51 Жыл бұрын

Great info

@NicoleNark Жыл бұрын

Thanks for watching! I’m glad it was helpful ☺️

@maclove5003 Жыл бұрын

Hi Nicole my income SSI and I have voucher section 8, is there program can I buy house?

@leandrofrancisco6609 Жыл бұрын

I am a teacher in white plains NY and would like hear more on the good neighbor program. I leave in the same area I work in. Is any there any more information you can share for my area.? Thank you for the info you always give out.

@philosopherkizito911 Жыл бұрын

Can you get multiple at once? Or get multiple grants simultaneously

@jjvg4211 Жыл бұрын

Which ones would be available in New Jersey ?

@rondadecker2397 Жыл бұрын

How do I go about finding out about grants for the med, lower income I'm not too low but I don't know where I'm at in the income bracket. I'd like to get the first time buyer loan just can't find anyone to help me with this.

@moniquejackson1715 11 ай бұрын

Find out more about the Navy Federal one for us Nicole 😊

@francorivera1538 Жыл бұрын

Is it possible to apply for grants in a conventional loan?

@markmagno15 Жыл бұрын

What are the best grant/homebuying assistance programs in Houston, Texas?

@wandajones296 Жыл бұрын

Do you have any information on VA LOAN, could you do a video on that? Thanks

@caroltung2667 Жыл бұрын

There are so many different programs out there I Don't know which would be the best for me, I'm pretty sure I would qualify for all of them, I wish you were here to help me

@Jynn.33 2 ай бұрын

I understand this video is old but just curious are co signers looked at when deciding if i buyer qualifies? If co signer is not on the deed as part owner, just that a co signer will their income, DTI, & all of that matter if they have owned 1 hour or 20? My bf bought a house and him & his mom & lender all ignored and said he doesnt qualify for any program i mentioned.

@matthewmutebisegaali9044 Жыл бұрын

Hi Nicole, thanks so much for the information. May I have the Grant person in my area of Waltham Massachusetts for assistance. Many Thanks!

@crypon2420 Жыл бұрын

Is there a grant program to buy a land or a lot to build on

@tyquanairline1302 Жыл бұрын

Can any of these be approved on a multi family and do they take into account the extra unit possible rent as income to the home owner?

@nancytaylor5822 Жыл бұрын

Yes, thru NACA you can buy a multi family

@skygravemix 7 ай бұрын

Can you stack dpa programs?

@ladyram5290 Жыл бұрын

Thank you so so much God bless! Great info 😊

@maryclebeau Жыл бұрын

Who do we contact for the forgivable loans?

@matti2226 Жыл бұрын

Hi Nicole and viewers, do you know of any great programs like the grant programs you mentioned in CA? Probably best if they have no income limits. I’m also in Los Angeles

@NicoleNark Жыл бұрын

Check out the Empowered Down Payment Assistance! Here's my video on it: kzfaq.info/get/bejne/bOByabqYzsrIdKM.html 😊

@nisaroberts9059 11 ай бұрын

Thanks so much for this information.

@InquireWithin Жыл бұрын

Do these work for building a home?

@kylephipps1078 Жыл бұрын

What are the limits on qualification for multiple of these options? Is it possible for someone to use a state run program and a private lender grant at the same time (if they qualify for both) ?

@NicoleNark Жыл бұрын

Since you and many others asked this same question, I just made a post clearing this up on my channel community tab! I hope you find it helpful, let me know if you have additional questions! 😊

@AmateurSuperFan 4 ай бұрын

how have i not heard of this before

@TrulyBlessed_1111 Жыл бұрын

Hi Nicole, great video! Can you elaborate more on the Navy Federal Credit Union program to help with down payment assistance? Thanks!

@NicoleNark Жыл бұрын

Absolutely! I’ll get started on that one. Thanks for watching. ☺️

@TheAS687 Жыл бұрын

I went to NF wouldn’t recommend too high of fees and interest rate was .79% higher than local lenders. I would highly recommend going to a local bank to start.

@reejay2098 Жыл бұрын

@@TheAS687 wouldn't that offset the down payment?

@TheAS687 Жыл бұрын

@@reejay2098 as a vet I was able to acquire a 1% dp with a local lender veteran program. Instead of 19k at closing I was still under at 17k and far lower monthly payments of roughly $300 less. Personal choice of course but personally I don’t recommend NF.

@kendallmcguire Жыл бұрын

Can you stack these grants?

@thomasnewell5584 Жыл бұрын

Hi Nicole, great video! Can you elaborate more on the Navy Federal Credit Union program to help with down payment assistance? Thanks! Reply

@NicoleNark Жыл бұрын

I sure will!

@es1_life579 Жыл бұрын

How do I find out about any grants available to me in my state (Colorado)? I tried searching my state’s finance authority with no luck. Thank you for the help!

@teerich2011 Жыл бұрын

Chfa I one. I found out about others searching on KZfaq and Google for Colorado first homebuyer program

@gianmedina8 Жыл бұрын

How about florida

@kizziekente2468 Жыл бұрын

Can you give info on Alabama...

@takishabaker7520 10 ай бұрын

I wonder if you can use more than one grant?

@ernieterrell2104 Жыл бұрын

Can you recommend a knowable in lewiston idaho who knows about these programs thanks

@siearrawebb7048 Жыл бұрын

For the Good neighbors loan, does it include 911 dispatchers?

@oliverwilliams6873 Жыл бұрын

What about programs for veterans.

@strongfaith6352 Жыл бұрын

Hi 👋 new to your channel and I’m really needing help , there are a lot of programs and it’s all confusing. Im looking into FHA but idk what to look for 😣 Please help! Thank you for your videos 😊

@NicoleNark Жыл бұрын

The FHA loan is a great product! That is what I used to buy my first home. Have you connected with a lender and filled out a loan application yet?

@moniquebaskett338 Жыл бұрын

I couldn’t find the Affordable 100 loan at Regions or Regents.

@moisesmoreno5306 Жыл бұрын

Hola por favor acepta mis felicitaciones mi nombre es Moises Moreno y quiero qiero sepas que toda tu explicacion me deleito como una musica para mis Oidos , muy interesante a cada segundo te juro que vale la pena que mucha gente aprenda de usted muchas gracias por compartir tu sabiduria y que Dios te siga dando mas sabiduria tienes la paciencia para tradmitir tus ensenansas conciderame una persona que me gustaria de algun modo ser tu estudiante o alumno, que tengas un exelente fin de semana muchas gracias que Dios te Bendiga

@britneysanmiguel7834 17 күн бұрын

I’m a substitute teacher? Would that count me in to get the 50% help ? I have been offered a teacher assistant job should I take it? Will that help with the 50%

@vilmasandoval1356 9 ай бұрын

Can a person who’s receiving workers compensation income buy a house?

@candycane4852 Жыл бұрын

Can’t you roll in the closing cost in the loan , or do a seller concession if the house appraises ?

@NicoleNark Жыл бұрын

Yes you can! Both are possible as long as the house appraises for the sales price or higher!

@janellacouture2852 Жыл бұрын

Is it possible to use more than one grant to help pay for a house or do you only have to use one only?

@janellacouture2852 Жыл бұрын

@@rubywilliams3870 Okay thank you for letting me know.

@blackscampbell8161 Жыл бұрын

Nicole I need. Some help with this loan

@imeldacacalda715 Жыл бұрын

To whom to be asked for a loan? I'm first time to buy a home? Can you pls helpme?

@1212LeoSnake Жыл бұрын

So, according to my lender, I qualified for a grant of 7500 and 2500. Unfortunately the 7500 one is just so weird and complicated according to the loan officer due to little knowledge of using it. Do you any knowledge on this new 7500 grant? Thank you for everything you do.

@NicoleNark Жыл бұрын

I would need a lot more information as to who the grant was through in order to say!