NHF Platinum Grant:
NHF's focus on supporting and preserving affordable homeownership grows out of the significant benefits of homeownership for families and individuals and the cities, counties and communities in which they live.
In conjunction with an FHA loan, qualifying borrowers can buy a home and receive a grant of up to 5% of the loan amount, to use towards down payment and/or closing costs. Borrowr’s are not required to repay the grant but income limits do apply. 640 minimum credit score and 45% maximum debt-to-income ratio.
More information can be found at www.nhfloan.org