Itching for the key to unlock your dream of a new house? Here’s yet another reason to love your country: The U.S. has plenty of programs and incentives that could make that goal a reality. If you’re a first-time buyer—and even if you’re not, in some cases—there are some government benefits that can help you afford those new digs.
Before we dive deep into the ways the government can help fund your new home, there’s a little matter to clear up: your eligibility.
The Department of Housing and Urban Development — the U.S. agency that oversees all housing matters—is fond of bolstering the success of first-time buyers. But that doesn’t mean you’re locked out of options if you’ve already owned a home. Here’s what HUD considers a “first-time home buyer”:
If any (or a few) of those statements sounds like you, these options could make a move even more affordable...