FHA Home Loans
            
FHA-Home-Loans.com  FHA loan info from a FHA mortgage loan
site specialized in FHA loans - FHA Home Loans.com
is not a Government Agency.

FHA Loan Programs | FHA Loan Qualifying | Apply Now | Services | Tools | Contact Us | FHA Loans | Add to Favorites | Get Prequalified

Navigate FHA Home Loans

  Home > FHA Loan Programs > Neighborhood Gold
Neighborhood Gold Down Payment Assistance
...............................................................................

The Neighborhood Gold Down Payment Assistance program allows homebuyers to purchase a home with no downpayment and no closing costs by providing the money necessary to purchase without repayment!

This program is not limited to first time homebuyers. The Neighborhood Gold program may be used by any homebuyer that qualifies for a FHA loan.

You may receive from 3% up to 10% towards your down payment and closing costs dependant on the amount of participation of the seller.

An added benefit of the Neighborhood Gold Down Payment assistance program is that for the first year you will receive free Involuntary Unemployment Mortgage Program providing coverage in the event they lose their job as a result of strike, lockout, individual or mass layoffs, or loss of income due to business failure or bankruptcy. This insurance will make you monthly payment of up to $1,500 for up to 12 months.

The program is a 501 (c) (3) nonprofit program, which issues cash grants to homebuyers at the closing of their loan. The only requirement of the program is the participation of the seller and the homebuyer to qualify for a  FHA loan.

In order to use the Neighborhood Gold Down Payment Assistance Program, you must be prepared prior to making an offer on a property. Since the program requires the participation of the seller, it must be negotiated before finalizing your purchase offer.

There is 1% fee (not to exceed $1,000) for the use of this program. This fee maybe paid by the seller of deducted from the cash grant and again, must be negotiated in the initial transaction.

Next, learn about the most important part of purchase a home ra.gif (855 bytes)FHA Loan Qualifying

...............................................................................

Next > Am I Qualified? |   Apply Now   | Need Help? < Back
fha loans FHA Loan Programs
 

     Buy a Home

    Down Payment Assistance

    Mortgage Refinance

    Streamline Refinance

    HUD Homes

    Officer Next Door**

    Teacher Next Door**

    CHDAP

    Nehemiah

    HART

ra.gif (855 bytes) Neighborhood Gold

    CHFA Loans (CHAFA)

    Access 2000

    203K

    Home Improvement Title

    Cash-Out Refinance

    Single Family Home

    Units> Duplex  Triplex  Fourplex

    Fixed Rate FHA Loans

    Adjustable FHA Loans (ARM)

    FHA Buydown Loan

 

FHA Loan Qualifying
Apply Now
Free Services
Tools
Contact Us
Realtors
Recommend this page
Bookmark this site
 

 
FHA Loan Limits Search | Equal Opportunity Lender | Fair Lending | Licensing | Privacy | Sitemap | Disclosures
| Questions | Realtors | FHA Home Loans.com - Home | Links
We are not a government agency.  FHA home loans are not originated by the HUD or FHA. HUD only insures FHA loans and HECM reverse mortgages. FHA loans are originated and funded by HUD approved FHA home loan lenders. FHA-Home-Loans.com is not a mortgage lender and does not make or offer fha loans directly or indirectly.  Information about FHASecure refinance program to help borrowers who are facing foreclosure and must refinance.FHA-Home-Loans.com is owned and operated by a private company specialized in providing information about FHA loans and does not make or offer FHA home loans and FHA mortgages. FHA-Home-Loans.com is not affiliated with or owned, operated, endorsed or sponsored by HUD, Federal Housing Administration or FHA. Contact HUD directly at: www.hud.gov
Copyright 1999-2012 FHA-Home-Loans.com. All Rights Reserved.