: These are matched savings accounts where a nonprofit or government agency might match your savings 1:1 or up to 4:1 to help you build a down payment.
: These Fannie Mae and Freddie Mac programs are designed for low-income earners, requiring just 3% down and offering more flexible qualification rules than standard conventional loans. 2. Specialized Grants and Vouchers help for single parents to buy a home
: If you are looking in a designated rural or suburban area, the USDA Rural Development program offers 0% down financing for low-to-moderate-income families. : These are matched savings accounts where a
The Single Parent’s Roadmap to Homeownership: Programs & Pro-Tips Specialized Grants and Vouchers : If you are
: For single parents who are veterans or active-duty service members, VA loans provide 0% down and require no private mortgage insurance (PMI), which can save you hundreds every month.
: Teachers, firefighters, and law enforcement officers can get 50% off the list price of homes in designated revitalization areas through this HUD program.
: Some local housing authorities allow you to use your Section 8 voucher to pay a mortgage instead of rent.