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  2. Guide to first-time homebuyer loans and programs - AOL

    www.aol.com/finance/guide-first-time-homebuyer...

    Types of first-time homebuyer programs. Low-down payment conventional loans: Conventional loan programs that require just 3 percent down. Down payment assistance (DPA) programs: Loans, grants and ...

  3. Down payment assistance: How it works and how to get it - AOL

    www.aol.com/finance/mortgage-down-payment...

    A homebuyer grant is a type of down payment assistance that provides a one-time cash sum, often in the form of a no-interest second mortgage. The funds don’t have to be repaid. The funds don’t ...

  4. What is the average down payment for first-time homebuyers? - AOL

    www.aol.com/finance/average-down-payment-first...

    Fortunately, that’s not the case. The typical down payment for a first-time homebuyer was 8 percent in 2023, according to the National Association of Realtors (NAR). For a $400,000 home, an 8 ...

  5. What is down payment assistance and how do you get it? - AOL

    www.aol.com/finance/down-payment-assistance...

    In reality, the average down payment for first-time homebuyers was just 8% in 2023, according to the National Association of Realtors. That's due, in part, to down payment assistance (DPA) programs.

  6. Guide to first-time homebuyer grants - AOL

    www.aol.com/finance/first-time-homebuyer-grants...

    8 first-time homebuyer grants to consider. 1. National Homebuyers Fund. The nonprofit National Homebuyers Fund sponsors down payment and closing cost grants that can total up to 5 percent of your ...

  7. Texas Department of Housing and Community Affairs - Wikipedia

    en.wikipedia.org/wiki/Texas_Department_of...

    First time homebuyer and down payment assistance is allocated through a network of participating lenders. Down Payment Assistance programs are all different with certain requirements for each. State or local housing authorities, a non-profit organization, or lender usually set the requirements and conditions for the DPA program.

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