Programs that provide low interest down payment/closing costs loans and/or home purchase loans for people with low incomes who are purchasing a home or a condominium for the first time. These loan programs generally require that the property be used as a primary residence; allow lower down payments, assistance with closing costs and alternative credit; and often require participation in home buyer training classes.
Home Buyer Education classes: Must live in the area served. First-time home buyers loans: Must live or work in the area served. Loan eligibility is based on household income guidelines and available funds.