Grants and loan programs for first-time home buyers

commentary /// Financial assistance

Lynnette Shifman and Felicia Wellborn

Special grants and loans are available for first-time home buyers, particularly teachers.

Do you want to buy a home, but do not have enough money for the down payment and closing costs? Numerous programs are offered to help homebuyers come up with the needed funds to take advantage of low interest rates and an improving housing market.

Government-backed loans are keeping up with the rising home prices. You can get in a home with 3.5 percent down on ...

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