National Homebuyers Fund

National homebuyers fund inc operates as a non profit organization.
National homebuyers fund. It offers closing and or down payment assistance qualified borrowers nationwide including first. Nhf is a non profit public benefit corporation providing innovative flexible and fiscally responsible. You can get up to 5 of your loan amount as a grant. The national home buyers fund is a grant program that provides up to a 10 000 down payment for low to moderate income homebuyers.
It s available in all 50 states and does not need to be repaid. It s sometimes provided as a 0 interest rate second mortgage and can be used for both the purchasing and. National homebuyers fund inc sacramento ca. They never have to be repaid.
The national homebuyers fund nhf. Many homebuyers find it difficult to come up with the money for an ideal down payment of 20. The national homebuyers fund nhf is a grant that covers part or all of your down payment or closing costs up to 5 of the total loan amount. The national homebuyers fund divides their down payment assistance programs into two separate programs called nhf sapphire and gsfa platinum.
Please contact your corporate office. With our pre and post purchase financial counseling for first time homebuyers lenders and other banking institutions have chosen to partner with us to help homeowners navigate the process more easily while simultaneously helping lenders focus their time and energy on working. National homebuyers fund inc. Nhf s programs include lender support.
This post explains how the program works. Nhf sapphire is a grant for up to 5 of the mortgage loan amount. As a result many down payment assistance programs or dpas have been created at the local and state levels to aide home buyers in sourcing money for their down payments one such program is offered by the national homebuyers fund in the form of a non repayable grant. Our services assist homeowners and lenders too.
Here s what you need to know about nhf grants. Buying a home presents challenges for purchasers and lenders alike. National homebuyers fund.