Hope you all enjoyed the video and took away some value! Follow this link to find *Down Payment Assistance Programs by State* : www.hud.gov/topics/rental_assistance/local
This year is the year I’m going to try and purchase my first home I need all the help I can get your information and videos are super helpful. Do you know anyone who lives in the north Kansas City Missouri area who can help me?
Speak it into existence! 🙌 I do have some connections in Kansas City! Please fill out my contact form so I can get you connected! www.narkhomes.com/contact
Hi! Thank you so much for this video. Im about to watch your others, and can't wait! You're giving me hope where it has just been so difficult to find. Can you help me to find the assistance options in NJ? Once I clicked on NJ in the link that you've provided, I couldn't find the correct next link!
I recently started watching you videos and they have been so informational!! I'm hoping to start the home buying process sometime this fall. Do I have to have any money saved already to qualify for down payment assistance? Also can down payment assistance programs be combined with other first time home buyer grants?
Even if you is approved for a program that allows you to buy your first home without a down payment, wont that make your interest rate super high and take you a lot longer to pay off the house?
Hello beautiful nicole! I thank you for your dedication in helping with your knowledge in real estate matters and advice. I would like to listen to your advice on Rent to own when possible . Thanks
Hi Nicole again! Let me word my inquiry differently. I know that I can apply for a loan to have a new home built but do you have to buy the land first or can that be included in the loan for the house to be built as well?I am referring to a Rural development loan.
Hi Nicole! I want to buy a very small home this year. I am looking for out in the country on land that is as restriction free as possible. I do plan on a small amount of livestock and plenty of gardening. I wasn't rich before covid and I am a lot further away from that now. I will be needing to utilize down payment assistance and from watching your videos, I was say the USDA Rural Development program as well. So, far enough in the country to raise animals, close enough to drive into town to work.
Sounds great William! Down payment assistance programs are a great way to get in a home sooner! If you haven't already, make sure to check out the link I provided to see the local resources in your area!
Hey Nicole, in the current market does having DP assistance effect the chances of the buyer to buy a home? For example, if I have 20% DP in part cash, part grant and another buyer has 20% DP in all cash, will sellers care how the DP is structured?
It can but maybe not directly...here is what I mean! Some states will require that the use of down payment assistance is disclosed in the offer. If that is the case, the seller may know that you are using down payment assistance and could have feelings about that. This is not something that would be disclosed to the seller in all states though. Additionally, in some cases, the use of down payment assistance may require a longer closing time or more funds as "seller concessions" these could also affect how the seller views your offer and makes their decision!
Interested in the Bakersfield California area would like linked to down payment assistant programs either in the city or the state of California thank you
Hi Nicole, We recently moved to illinois (actually to USA in general) and ran into your videos as we planning to buy our first house. So definitely I will need all the info to learn on how to get these down payment assistance. Thank you in advance if ever you will respond to my comment. BTW, Subscribed immediately as you create very helpful videos! keep it up and more power to you!
@@NicoleNark yes we are planning to buy this year but still trying to see if we are able to as the down payment is our main problem. We are hoping to get some down payment assistance, if not then we might have to wait till we save up enough money.
Nicole , a question, you mentioned in one video about 3% down and you were not sure where the 20% came from. While discussing with one of 4 lenders I had an interest in working with he asked how much was I looking to put down 20% ? Can you offer additional insight on the importance of having your pre-approval , approved based on 3% v 20%
GREAT question Stephen! There is not a single loan that requires you to put 20% down. There are loan programs that start with as little as $0 down. With that said, you will pay mortgage insurance on your loan if you have less than 20% down on an FHA or Conventional loan. With a conventional loan if you put less than 20% down when you get to 20% built up in equity after a few years of making payments, that mortgage insurance will drop off. With an FHA loan however, mortgage insurance will be on the loan for the life of the loan. It is best to talk to your lender and compare monthly payments with different amounts as a down payment to see where you are comfortable!
Hi Nicole, I want to try but I am relocating back to my home state - IL. Not sure I would be able to qualify until I move, are there rules about this. please let me know. Keep up the great content. I am learning a lot!
Thank you so much for all the info you are always providing is very helpful. Can you please provide me with info in Texas, I’ve been trying to get a house but I keep getting denied due to past low credit or low income.
I live in Alabama are this program still available . Because, I see they had April 2021 on the website. And, How do your credit have to be to get a 1st time buyer home with no money down assistance
Hello I am newly married and me and my wife are looking into buying a home as we are tired of renting. We are wanting to go with the usda home loan. I have a lower credit score then her but higher income, so just needing to know our best options thanks!
Yes they do. Check out this link. You can click on your state and find your area. You will need to make less that the "moderate" income listed for the amount of people you have living in your house! www.rd.usda.gov/files/RD-DirectLimitMap.pdf Let me know if you have trouble finding it and I can help!😊
Question. my parents exceeded the 80% for average medium income area due to retirement withdrawals in the past few years, would this make them not eligible for first time home buyer assistance program because of those withdrawals? If they didn't withdrawals, they would 100% meet the requirement.
There are some lenders that are going to want to see at least 12 months of credit history, since your score is high this might not be the case. I would advise you start the loan process and speak with a lender to see if that will be an issue with any of the specific loan programs you choose!
So can I use another dpa with a usda loan? Even with usda loan I can’t afford a home, average price for a home here is probably in 500k+. I’d need to have some down payment to bring the monthly payments to something I can afford
No you can not use dpa with the USDA loan. If you need down payment to bring down the monthly payments, you will likely need to save that money or try with just a dpa program attached to something like a conventional loan!
No because even if it is in an llc you are still likely the owning member. You would need to not have any deeds in your name or that could be tied to you for 3+ years in order to be considered a first time home buyer again.
I am a first time home buyer do you have any recommendations for any mortgage businesses or realtors in the North Kansas City area I really don’t know where to start and I hope I Qualify for a down payment assistance program
@@deandreslaughter Here is the link www.hud.gov/states/missouri/homeownership/buyingprgms I do have connections in that area and would love to learn more about the kind of home you are looking for so I can get you connected! Please send me a message here www.narkhomes.com/contact
First of all I have to say thank you God bless you I see ur video it's helpful so I need ur help know I'm interested to baying house in Atlanta how can I get lone down payment assistance please help me
Hi Nicole. Thank you for sharing in detail. I live in New Jersey. I will need all the help I can get. This is my first time buying a home. I now have a 1 yr old so our place got smaller. Are there any grants out there other than 10k assistance program. I do know American dream. However they want the buyer to put down 3% toward purchase and another good amount toward closing. Where is the help on that? Anyway. Thanks for your wonderful videos.
Hi! Really enjoying your videos! I am planning to buy in NW Arkansas, namely Boone/Newton/Marion county area. Do you know any realtors as knowledgeable and helpful as you in this geographic area? Thanks!
Hey Nicole! Thanks for the gold nuggets of wisdom on this topic. I would love to find out if I qualify for a down payment assistance loan. I live in Round Rock Tx. 15 minutes north of Austin Tx. I'm interested in buying here or surrounding areas. Could you help?
Absolutely! I would love to learn more about how I can best assist you. When you can, please fill out my contact form and I'll be in touch! www.narkhomes.com/contact
If you are both on the loan, you would have to qualify for down payment assistance together with your combined income, credit scores, etc! With that said, if you have a good enough credit score and enough income, you should look into just one of you applying for the loan and using down payment assistance if your combined income with the two of you will be too high! Even if it is just one of you on the loan, you can always add you both on the title!
Hope you all enjoyed the video and took away some value! Follow this link to find
*Down Payment Assistance Programs by State* : www.hud.gov/topics/rental_assistance/local
I live in Virginia first time buying a home and I like to get help
Hey! @@davelynwilliams7664 send me a message on my website at narkhomes.com/contact I'm happy to help!
I file for bankruptcy 3 years ago, will I be eligible for assistance?
Hi, I’m a first time home buyer that lives in Palm Beach Gardens FL, I would love some help.
Hi Nicole, do I get pre approve first to get a down payment assistance I'm living in nj .
If I ever move to Arkansas, I'm looking for you. This is my first time seeing your videos. Thank you for the information.
I sent her a message. She said she can connect you to a realtor in any area that can help you
This year is the year I’m going to try and purchase my first home I need all the help I can get your information and videos are super helpful. Do you know anyone who lives in the north Kansas City Missouri area who can help me?
Speak it into existence! 🙌 I do have some connections in Kansas City! Please fill out my contact form so I can get you connected! www.narkhomes.com/contact
I have the same plan!!!
Same here I'm from Kansas city Missouri and need info on how to purchase a 3br home but with assistance
@@NicoleNark how about arkansas mrs!
Most Grant's go by state all you have to go is Google or go to your government website.
Thanks Nicole. Very informative.
Nicole keeps bringing in the heat. Thanks my friend
You got it! 🏠🎉
COULD YOU PLEASE DO A VIDEO ON GETTING LAND THAT'S NOT A SUB-DIVISION BY WAY GRANTS?
Thank you so much. You have completely removed all my fears. I'm doing it.
Hi Nicole. I would like to know more about buying land to have a home built by USDA/Rural development. Thank you!!
Yes please
Thank you for all this excellent information! Such a blessing to all ❤️💋
First, thank you for this information. I am in Kansas and need information and help ASAP. Thank you
Hi can you use this for manufactured home?
great video♥♥♥♥
My city is Philadelphai and state Pennslyvannia, please can you share the link
cheers
I'm interested in Las Vegas
Hi! Thank you so much for this video. Im about to watch your others, and can't wait! You're giving me hope where it has just been so difficult to find. Can you help me to find the assistance options in NJ? Once I clicked on NJ in the link that you've provided, I couldn't find the correct next link!
I like it the way that you explained
Best videos yet and I've been researching this for 3 years! Please find the 1st time homebuyer down payment assistance program for Yucca valley CA.
Best videos yet and I've been researching this for 3 years! Please find 1st time Homebuyer down payment assistance program for Yucca valley CA
Killeen, Texas
I recently started watching you videos and they have been so informational!! I'm hoping to start the home buying process sometime this fall. Do I have to have any money saved already to qualify for down payment assistance? Also can down payment assistance programs be combined with other first time home buyer grants?
down payment assistance does not cover closing cost so yes you will need to cover those on your own.
Even if you is approved for a program that allows you to buy your first home without a down payment, wont that make your interest rate super high and take you a lot longer to pay off the house?
We are looking in either Indiana Kentucky or ohio
not a home buying question but where do you shop for clothes?! your tops are always so cute
Herford Arizona
Can you use a DPA for a owner carry the note?
Thank you Nicole, very informative, simple, and educational videos. Much appreciated!!!
You are so welcome!
Hey, I was looking for a home in New Jersey and I don’t even know where to begin it’s so overwhelming!
Great video…. I’m trying to be a first time home buyer in Alabama but can’t find the link in the hud website
I'm buying a house in Ga..and I would.like to find out more about the down payment assistance
nice information , thank you hasmukh patel, please give me advice for near orlando fl, for down payment ,
Hello beautiful nicole!
I thank you for your dedication in helping with your knowledge in real estate matters and advice.
I would like to listen to your advice on
Rent to own when possible . Thanks
Hello I am from Tennessee and I don't see the option for down-payment assistance link
I live in Las Vegas and I need the information on the no down payment assistance program I'm on disability retirement
Hi Nicole again! Let me word my inquiry differently. I know that I can apply for a loan to have a new home built but do you have to buy the land first or can that be included in the loan for the house to be built as well?I am referring to a Rural development loan.
I live in Baytown Texas, If you can help point me in the right direction that would be great!!
I find out in order to get help from HUD you has to be on housing
I live in Texas corpus Christi Texas what about that part
Nassau county
Hi Nicole! I want to buy a very small home this year. I am looking for out in the country on land that is as restriction free as possible. I do plan on a small amount of livestock and plenty of gardening. I wasn't rich before covid and I am a lot further away from that now. I will be needing to utilize down payment assistance and from watching your videos, I was say the USDA Rural Development program as well. So, far enough in the country to raise animals, close enough to drive into town to work.
Sounds great William! Down payment assistance programs are a great way to get in a home sooner! If you haven't already, make sure to check out the link I provided to see the local resources in your area!
🙋🏻♀️from Slidell Louisiana please? Interesting to buy a house for the first time and approach for profit
Do you know about any help in North Carolina?
I need the link for California please 🙏
Hi Nikol.. Thanks for you video. Can you help me up with Sacramento area..?
New Jersey
Hi nicole my husband and i would like to buy but we in new york can you guide us both how to get in the programmw
Hi nicole am living in new york your programme is so helpful we are tired of paying rent so help us in any way you can
Did you try applying for the $5k relief grant. She recommend earlier
credit score? DTI?
Thank you for sharing this info. I’m in Virginia, can you share the link for VA? I’m interested in getting more information.
Hey Nicole, in the current market does having DP assistance effect the chances of the buyer to buy a home? For example, if I have 20% DP in part cash, part grant and another buyer has 20% DP in all cash, will sellers care how the DP is structured?
It can but maybe not directly...here is what I mean! Some states will require that the use of down payment assistance is disclosed in the offer. If that is the case, the seller may know that you are using down payment assistance and could have feelings about that. This is not something that would be disclosed to the seller in all states though. Additionally, in some cases, the use of down payment assistance may require a longer closing time or more funds as "seller concessions" these could also affect how the seller views your offer and makes their decision!
Interested in the Bakersfield California area would like linked to down payment assistant programs either in the city or the state of California thank you
I could not find anything for Aroosrook County, Caribou Me?
Can a use a DPA to buy a fourtplex and live in one unit?
Hi Nicole, We recently moved to illinois (actually to USA in general) and ran into your videos as we planning to buy our first house. So definitely I will need all the info to learn on how to get these down payment assistance. Thank you in advance if ever you will respond to my comment. BTW, Subscribed immediately as you create very helpful videos! keep it up and more power to you!
Hi Enzo, thanks so much for subscribing! I am so glad that you are here. Are you planning on buying a house this year?
@@NicoleNark yes we are planning to buy this year but still trying to see if we are able to as the down payment is our main problem. We are hoping to get some down payment assistance, if not then we might have to wait till we save up enough money.
I would love your help but I don’t know if you to far I’m in New York rockland county
California
I’m in Miami witch program can help me with down payment assistance thank u
Thank you so much helping
Which state you are realtor please
You are so welcome! I am in Arkansas 😊
Nicole , a question, you mentioned in one video about 3% down and you were not sure where the 20% came from. While discussing with one of 4 lenders I had an interest in working with he asked how much was I looking to put down 20% ? Can you offer additional insight on the importance of having your pre-approval , approved based on 3% v 20%
GREAT question Stephen! There is not a single loan that requires you to put 20% down. There are loan programs that start with as little as $0 down. With that said, you will pay mortgage insurance on your loan if you have less than 20% down on an FHA or Conventional loan. With a conventional loan if you put less than 20% down when you get to 20% built up in equity after a few years of making payments, that mortgage insurance will drop off. With an FHA loan however, mortgage insurance will be on the loan for the life of the loan. It is best to talk to your lender and compare monthly payments with different amounts as a down payment to see where you are comfortable!
My area 33406
My lender said my pass late payment want let me get down payment assistance.
There are over 2000 DPA programs,so how do we get to them?
Hi Nicole, I want to try but I am relocating back to my home state - IL. Not sure I would be able to qualify until I move, are there rules about this. please let me know. Keep up the great content. I am learning a lot!
Nicole Can you recommend a few lenders that I could call on a USDA loan Company.
I live in California.
Thank you.
Thank you so much for all the info you are always providing is very helpful. Can you please provide me with info in Texas, I’ve been trying to get a house but I keep getting denied due to past low credit or low income.
I want to buy a home in Columbus ,Georgia
Westmoreland County PA - age 62+
I live in Alabama are this program still available . Because, I see they had April 2021 on the website. And, How do your credit have to be to get a 1st time buyer home with no money down assistance
Great videos. We really appreciate what you do. How do we use you as a realtor agent?
Hi Charles, thank you so much. The best way to reach me is through my website narkhomes.com/contact
If you a resident in California but want to buy in Arkansas, would any of those programs work because your in a different state?
If we hve most of the down payment saved will we still qualify for the assistance down payment?
Hi hi, I am interested. In buying a house in Florida
Can these down payment assistance be applied to anh loan type
If your approved for 200.000 and the house is 190.000, can you pay off a loan you have to lower your DTI with the remaining 10.000 at closing???
I need help for Ben Hill County Assistance. I have signed some docs already on FHA purchase agreement. I need help with down-payment. Thanks
so am i a first time home buyer if i was gifted a home and still own it?
Hello I am newly married and me and my wife are looking into buying a home as we are tired of renting. We are wanting to go with the usda home loan. I have a lower credit score then her but higher income, so just needing to know our best options thanks!
Can you talk about lenders for future homeowners who want to purchase land and build a home. Thank you for your videos.
Check out this video I made on construction loans! ruclips.net/video/V8lj204eThg/видео.html
@@NicoleNark Thanks! I sure will!
Hey I have a quick question . Does USDA have a “ income limit “ ??
Yes they do. Check out this link. You can click on your state and find your area. You will need to make less that the "moderate" income listed for the amount of people you have living in your house! www.rd.usda.gov/files/RD-DirectLimitMap.pdf Let me know if you have trouble finding it and I can help!😊
I want a USDA. Home
Can you help me find asistence for a down payment in Gulfport, Ms
Does New Mexico have DP Assistance Programs
Yes! Here is a link www.hud.gov/states/new_mexico/homeownership/buyingprgms
Question. my parents exceeded the 80% for average medium income area due to retirement withdrawals in the past few years, would this make them not eligible for first time home buyer assistance program because of those withdrawals? If they didn't withdrawals, they would 100% meet the requirement.
I have a middle FICO of 742, but my oldest account is only 8 months old. Should i wait another year before attempting to buy my first home?
There are some lenders that are going to want to see at least 12 months of credit history, since your score is high this might not be the case. I would advise you start the loan process and speak with a lender to see if that will be an issue with any of the specific loan programs you choose!
@@NicoleNark Thank you very much. That's what i'll do.
So can I use another dpa with a usda loan? Even with usda loan I can’t afford a home, average price for a home here is probably in 500k+. I’d need to have some down payment to bring the monthly payments to something I can afford
No you can not use dpa with the USDA loan. If you need down payment to bring down the monthly payments, you will likely need to save that money or try with just a dpa program attached to something like a conventional loan!
you are the best
Are there any programs for second time home buyers?
Yes! Check out my video on the Bank of America Down Payment and Closing Costs Programs
Soooooo if I purchased a home 3 years ago but I'm renting it out under llc am I considered a first time home buyer ?
No because even if it is in an llc you are still likely the owning member. You would need to not have any deeds in your name or that could be tied to you for 3+ years in order to be considered a first time home buyer again.
Hello, I found a lender under the hud website and they are telling me they do not do FHA loans. Could you give me some insight?
Hi Nicole,I live in Jonesboro Ark,what's available in this area regarding home buyer assistance,thank so much videos very informative
I never buy a house but I want to now
Hi Nicole. Please can you share the linked with me
Hi Nicole I went to the hud.gov website and I just couldn't fine anything for down payment assistance programs
What state are you in? I will give you the exact link to the programs!
Hi Nicole I live in Kansas City,Missouri
I am a first time home buyer do you have any recommendations for any mortgage businesses or realtors in the North Kansas City area I really don’t know where to start and I hope I Qualify for a down payment assistance program
@@deandreslaughter Here is the link www.hud.gov/states/missouri/homeownership/buyingprgms I do have connections in that area and would love to learn more about the kind of home you are looking for so I can get you connected! Please send me a message here www.narkhomes.com/contact
I am looking for a home in Broward County, Florida. Please help thank you !
First of all I have to say thank you God bless you I see ur video it's helpful so I need ur help know I'm interested to baying house in Atlanta how can I get lone down payment assistance please help me
Hi Nicole. Thank you for sharing in detail. I live in New Jersey. I will need all the help I can get. This is my first time buying a home. I now have a 1 yr old so our place got smaller. Are there any grants out there other than 10k assistance program. I do know American dream. However they want the buyer to put down 3% toward purchase and another good amount toward closing. Where is the help on that? Anyway. Thanks for your wonderful videos.
Hello! Check out this link for the New Jersey down payment assistance programs! www.hud.gov/states/new_jersey/homeownership/buyingprgms
@@NicoleNark Thank You.
Hi! Really enjoying your videos! I am planning to buy in NW Arkansas, namely Boone/Newton/Marion county area. Do you know any realtors as knowledgeable and helpful as you in this geographic area? Thanks!
I sure do! Please send me a message by filling out my contact form and I will get you connected! www.narkhomes.com/contact
Hi Nicole I went to the HUD.gov website and could find any assistance programs. I live in Alabama. Please help?
Hi Jasmine, have you looked into the programs here ? www.ahfa.com/homebuyers/programs-available
@@NicoleNark Not yet!!! Thank you!
Hey Nicole! Thanks for the gold nuggets of wisdom on this topic. I would love to find out if I qualify for a down payment assistance loan. I live in Round Rock Tx. 15 minutes north of Austin Tx. I'm interested in buying here or surrounding areas. Could you help?
Absolutely! I would love to learn more about how I can best assist you. When you can, please fill out my contact form and I'll be in touch! www.narkhomes.com/contact
Is it the low to moderate income of your area currently or the area you wish to move too?
The area you want to buy in!
Can Can I use a down payment assistant only well my husband and I are on the Mortgage or does my husband have to qualify for the down payment as well
If you are both on the loan, you would have to qualify for down payment assistance together with your combined income, credit scores, etc! With that said, if you have a good enough credit score and enough income, you should look into just one of you applying for the loan and using down payment assistance if your combined income with the two of you will be too high! Even if it is just one of you on the loan, you can always add you both on the title!
I live in a mobile home. Can I be considered a first time home buyer?
Is your mobile home on a permeant foundation at attached to land or separate?
Yes it’s on a fountain and we have land also.
@@beverlynabors7497 then you may not qualify as a first time home buyer. All the programs are a little different so I would still recommend you ask!