Don't delay owning your own home due to interest rates hype!
What goes up must also come back down. There are grant funds available to help with closing cost and buying down interest rates.
Home Grant Program offers a lender credit of up to $7,500 that can be used towards non-recurring closing costs, like title insurance and recording fees, or to permanently buy down the interest rate. The funds do not require repayment.
Down Payment Assistance program offers a grant of up to 3% of the home purchase price, up to $10,000, to be used for a down payment in select markets.
The list of financial institutions offering grants:
1. Bank of America
2. JP Morgan Chase