First time home buyers grants or assistance
Wednesday, May 12th, 2010 at
3:54 am
Hi,
my fiance and i are planning to buy our first home soon. we both have brusied credit so we can really get approved for a loan..does anyone know of any grants or assistance programs in oklahoma to help with down payments? any help would be appreciated.
have a nice day.
Tagged with: assistance programs • down payments • fiance • grants • nice day
Filed under: First Time Home Buyer Loans and Grants
The grants and "bond money" are available thru the city and county where you live. Usually 2 out of 12 months there is money. You never know which office will have it, tho. The money runs out in one day. They only have enuf for 20-50 loans.
The reason i don’t want you to get a grant is that you have to pay it all back if you sell in 7 years. And you have to pay interest. Skip it. Everyone sells before 7 years and wishes they hadn’t taken the grant. /