Tag Archives: down payment grant program

Data from the National Association of Realtors shows that the median down payment for all homebuyers is 15%, and for first-time buyers, it’s even lower at 8%. Numerous down payment assistance programs exist, aiding not only first-time homebuyers but also repeat buyers. These options include federal loans with low or zero down payment requirements, and specific programs offering strategies and assistance for various demographics and professions. Local city-specific programs are also available, offering significant financial aid for both down payments and closing costs.