Biden's NEW First Time Home Buyer Assistance Program!

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Money DOES grow on trees! A new $25,000 home buyer assistance program has been announced by the Biden administration, called the "Downpayment Toward Equity Act of 2022." In this video we compare it to the previously announced $15,000 tax credit, talk about the qualification criteria, discuss how you can use it (down payment, closing costs, and buying down your interest rate), and answer some of the most commonly asked questions.

#homebuyerassistanceprograms
#downpaymentassistance
#firsttimehomebuyerprograms

0:00 Biden's $25,000 Home Buyer Assistance Program
1:15 How does it differ from the tax credit?
2:50 Where can you use the grant?
3:31 Criteria for repayment
4:10 How will they disburse the funds?
4:50 Who qualifies?
7:41 Most commonly asked questions

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Love the new haircut! Exciting news for home buyers!!

IntentionalMarriages
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Can this be used if buying a DSLD home?

nladne