Posts Tagged ‘0% intererest loan’

Greening Hollywood: DIY Eco-Home

First Time Homebuyers qualified for Fed. Stimulus Funds. Why not \

First Time Homebuyers qualified for Fed. Stimulus Funds. Why not \”greenovate!\” $50K available in grant money for home improvements for qualified individuals.”

Were you starting to believe that the Federal Stimulus $$ were for everyone but you? Brace yourself, because you, - yes YOU! - even if you’re not a billionaire banker or jet-setting car company executive - may be able to qualify for a nice chunk of change from the government to buy your first home.

In a national program, the Federal government is making available up to $75K dollars in a 0% interest, 20-year deferred home loan if you meet certain qualifications. What are the qualifications? You must be a low ($46K per year) –medium ($66K) income earner and have a FICO score of at least 620. If you have all that, pay attention, because you can get yourself qualified for not just up to $75K in a 0% home loan but also another $10K towards the down payment of said home or the closing costs upon purchase, you choose.

Advertisement