Buying a home is taking on a major expense. Particularly challenging for low- to moderate-income homebuyers, purchasing a home means coming up with ample cash funds to cover down payment and closing costs, make any necessary repairs or updates to the home to make it your own, such as new flooring and paint, and a variety of other varied expenses.
Naturally, low- to moderate-income buyers often don’t have the means to build up substantial cash reserves to cover these costs, at least not without years of pre-planning and savings. But that doesn’t mean the dream of home ownership is out of reach.
That’s why we’ve compiled this comprehensive list of resources for low- to moderate-income homebuyers: to point you in the direction of agencies, organizations, and other funding options to help you navigate the hurdles of purchasing a home and obtain the down payment or mortgage assistance you need to make your dreams a reality.