First Time Homebuyer Programs in Idaho
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Among all of its first time homebuyer programs, the most notable are the following:

a) HOME Down Payment Closing Cost (DPCC) Assistance - This program is a zero percent interest, deferred loan that is available for borrowers with total household income of less than 80% of area median income. The borrowers can procure assistance ranging from $1,000 to a maximum of 3.5% of the purchase price, not to exceed $8,000.

b) Good Credit Rewards Down Payment and Closing Costs Assistance Program - This first time homebuyer program is especially intended for first time homebuyers whose household income are less than 140% of area median income. The program must be used in conjunction with an IdaMortgage product and is payable for up to 30 years with a fixed-interest rate.

c) Neighborhood Stabilization Program (NSP1) Program - This program was created as a result of the funds received by the State of Idaho in the amount of $19.6 million from the 2008 Housing & Economic Recovery Act to distribute toward the acquisition and rehabilitation of foreclosed or abandoned property in targeted areas throughout the state.

First Time Homebuyer Programs in Idaho
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About The Author Michael Saunders is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. He also maintains Websites providing resources on grants for youth programs and home improvement grants.

Additional Resources

category - Home Buying Programs

Downpayment Assistance Program for First Time Homebuyers in Connecticut
The Connecticut Housing Finance Authority has been running the Downpayment Assistance Program in order to financially assist first time home buyers in the process of covering the downpayment and closing costs of purchasing a home.

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Homeownership Program for First Time Homebuyers in Connecticut
The Connecticut Housing Finance Agency has established the Homeownership Program wherein it intends to provide reasonable home loans with below-market interest rates to tenants occupying publicly assisted housing who wish to transition from renting into homeownership.

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Rural Community Development Initiative
The Rural Community Development Initiative can be awarded to legally qualified private, public, and tribal groups or organizations that have the experience and capability of providing training and technical assistance to nonprofit community-based housing and community development organizations, as well as low income rural communities.

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Buying A Home After Bankruptcy - Get A Mortgage Loan After Bankruptcy
If you have a recent bankruptcy on your credit and are looking to get financing for a home, there is hope. Buying a home with bad credit will just put more emphasis on the other two factors needed to...

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