ShareThisFederal Home Loan Bank (FHLB) is Back! $5,000 Forgivable Grant!
Federal Home Loan Bank of Atlanta first-time home buyer grant program is back! All buyers must contribute a minimum of $1,250 into buying their home, and those funds can actually be gifted as well. This grant is forgivable after 5 years. If a buyer sells the property prior to 5 years then the grant is forgiven at 20% per year. FHLB does not cap out the buyer’s debt ratio at 45% like most other grant programs. The buyer does their home buying counseling over the phone for this program. FHLB can also be combined with other first-time home buyer grant programs. All banks or lenders do not participate in this program. You can contact me for a list of mortgage companies or lenders that participate.
4 Responses to “Federal Home Loan Bank (FHLB) is Back! $5,000 Forgivable Grant!”
June 25th, 2016 at 9:38 PM
Hello, pls how do Register for the first time home buyers program? Looking for to get a response.
thanks
Azeezat
June 26th, 2016 at 10:52 PM
Hello azeezat,
to register for a first-time home buyer workshop contact Neighborhood Housing Services of Baltimore at 410-327-1200 or Harbel Housing Partnership at 410-444-9152. I you have not been pre-qualified yet I would recommend that you do that first. I can refer you to lenders that specialize in first-time home buyer programs. I can be reached at 410-977-7176. Thanks.
August 22nd, 2018 at 12:18 PM
i am not a first time buyer is there any grants available for people like me
August 24th, 2018 at 3:44 PM
Hello Daniel,
There are many programs for first-time homebuyers. What areas are you considering? Some programs are county specific. Send me a contact number and I will be glad to review your options? Thanks
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