Grants, loans, and loan guarantees are available from the Federal Government for those who have trouble coming up with the money they need to buy most any kind of home. There are 28 programs described below. When the description refers to the Catalog of Federal Domestic Assistance you can see the program described at www.cfda.gov.

The average American has 400% more invested in a home than the stock market. Real estate is your investment in the future. So if you have good credit or bad credit you can buy a house with money from the government.

Listed below is a sample of 28 programs available to buy a better home. We have identified over 4,000 programs like these that give out money to buy houses, fix houses or help you become a real estate investor. The average American homeowner made over $42,000 in the last 3 years by doing nothing but living in their house. There is no other investment in America that allows you to make $42,000 without putting up a penny. And there are thousands of programs located in federal offices, state offices, local government offices and non-profit organizations that will help you make that money. So use the programs below and if you want more grants for a down payment, grants for closing costs, grants for real estate investments or all the latest info on making money in foreclosed property, take a look at our latest book, “Free Money For Real Estate” at http://www.freemoneyforrealestate.com/rebonus1/. Or come to our next seminar at http://howtogetagrant.com/grseminar1.

2) Reverse Mortgages For Seniors
Called “Reserve Mortgages For Seniors” and referred to as Program #14.183 in the Catalog of Federal Domestic Assistance, this program enables elderly homeowners, 62 years of age or older, to convert equity in their homes to monthly streams of income - except for Texas - lines of credit. HUD insures lenders against loss on reverse mortgage loans. Contact your local office of the U.S. Department of Housing and Urban Development at http://www5.hud.gov:63001/po/i/netlocator/. Look on the left-hand side of the page to search for your local field office.

3) Money To Buy or Fix Up Houses In The Pacific Islands or The Virgin Islands
Called “Community Development Block Grants/Special Purpose Grants/Insular Areas” and referred to as Program #14.225 in the Catalog of Federal Domestic Assistance, this program provides community development assistance to the Pacific Islands of American Samoa, Guam, the Northern Mariana Islands, and the Virgin Islands in the Caribbean.
Contact your local office of the U.S. Department of Housing and Urban Development at http://www5.hud.gov:63001/po/i/netlocator/. Look on the left-hand side of the page to search for your local field office.

4) 50 % Discount For Law Enforcement Officers To Buy A Home
Called “Officer Next Door Sales Program” and referred to as Program #14.198 in the Catalog of Federal Domestic Assistance, this program strengthens America's communities by providing homeownership opportunities to law enforcement officers in HUD- designated revitalization areas, and to improve the quality of life in these neighborhoods by their presence. Law enforcement officers may purchase HUD-owned single unit properties located in designated revitalization areas at a 50 percent discount off list price. Officers must agree to occupy homes as their sole residence for a period of 3 years. The officer must also agree to execute a second mortgage and note in the name of the Department for an amount equal to the 50 percent discount. This zero interest note will gradually decrease over the 3-year mandatory residence period until it reaches zero. Should the officer leave the home before the 1st anniversary of occupancy, 90 percent of the discounted amount will be due to HUD. Departure before the 2nd anniversary of occupancy will require a 60 percent repayment, and departure before the 3rd anniversary of occupancy will require a 30 percent repayment of the discounted amount. Officers must certify initially, and once annually, for each year of the occupancy term, that he/she continues to own and live in the home as a sole residence, and that no other residential real estate is owned. Contact your local office of the U.S. Department of Housing and Urban Development at http://www5.hud.gov:63001/po/i/netlocator/. Look on the left-hand side of the page to search for your local field office.

5) Money To Buy Or Build A Home After A Natural Disaster
Called “Direct Housing – Natural Disaster” and referred to as Program #10.445 in the Catalog of Federal Domestic Assistance, this program assists qualified lower income rural families to meet emergency assistance needs resulting from natural disaster to buy, build, rehabilitate, or improve dwellings in rural areas. Funds are only available to the extent that funds are not provided by the Federal Emergency Management Agency (FEMA). For the purpose of administering these funds, natural disaster will only include those areas identified by a Presidential declaration.
Contact your local office of the U.S. Department of Agriculture Rural Housing Service at
http://offices.usda.gov/scripts/ndISAPI.dll/oip_public/USA_map.

6) $150,000 To Help Veterans and Unmarried Spouses of Veterans to Buy or Fix Up A Home
Called “Veterans Housing – Guaranteed and Insured Loans” and referred to as Program #64.114 in the Catalog of Federal Domestic Assistance, this programs assists veterans, certain service personnel, and certain unmarried surviving spouses of veterans, in obtaining credit for the purchase, construction or improvement of homes on more liberal terms than are generally available to non-veterans. Contact you local Veterans Administration office at Department of Veterans Affairs, Washington, DC 20420, 202-273-7390 http://www.homeloans.va.gov/eligmap.htm.

7) Low Cost Flood Insurance
Called “Flood Insurance” and referred to as Program #97,022 in the Catalog of Federal Domestic Assistance, this program allows persons to purchase insurance against physical damage to or loss of buildings and/or contents therein caused by floods, mudslide (i.e., mudflow), or flood-related erosion, thereby reducing Federal disaster assistance payments, and to promote wise floodplain management practices in the Nation's flood-prone and mudflow- prone areas. Contact Department of Homeland Security 245 Murray Drive, S.W. Washington, D.C. 20528 202-282-8000. www.dhs.gov.

8) $150,000 To Help Native Americans Buy A Home
Called “Public and Indian Housing – Indian Loan Guarantee” and referenced as Program #14.865 in the Catalog of Federal Domestic Assistance, this program provides homeownership opportunities to Native Americans, Tribes, Indian Housing Authorities including Tribally Designated Housing Entities (TDHEs), and Indian Housing Authorities on Indian land, through a guaranteed mortgage loan program available through private financial institutions. Mortgage loans are for the acquisition or rehabilitation of existing homes, purchase and rehabilitation of a home or construction of a new home; and refinancing of existing debt. Contact your local office of the U.S. Department of Housing and Urban Development at http://www5.hud.gov:63001/po/i/netlocator/. Look on the left-hand side of the page to search for your local field office.

9) Money To Buy, Fix Up Or Refinance a Home
Called “Rehabilitation Mortgage Insurance” and referred to as Program #14.108 in the Catalog of Federal Domestic Assistance, this program helps families repair or improve, purchase or refinance and improve existing residential structures more than one year old. These loans may be used to rehabilitate an existing 1 to 4 unit dwelling in one of four ways: (1) Purchase a structure and the land on which the structure is located and rehabilitate it; (2) purchase a structure on another site, move it onto a new foundation on the mortgaged property and rehabilitate it; (3) refinance the existing indebtedness and rehabilitate such a structure; or (4) rehabilitate such a structure. Contact your local office of the U.S. Department of Housing and Urban Development at http://www5.hud.gov:63001/po/i/netlocator/. Look on the left-hand side of the page to search for your local field office.

10) Get a $100,000 Home For $1 plus Fix Up Money
Called the “Dollar Home Sales” and referred to as Program #14.313 in the Catalog of Federal Domestic Assistance, this program expands HUD's partnership with local governments in helping to foster housing opportunities for low- to moderate-income families and address specific community needs. Single family homes that are acquired in foreclosure actions by the Federal Housing Administration (FHA) will be eligible for sale to local governments across the nation for $1 plus closing costs when the properties have been listed for at least six months and remain unsold. Local governments buying HUD properties for $1 plus closing costs may sell or rent them to low- and moderate-income families, to first-time homebuyers, or to groups that will use the properties to provide services such as child- care centers, domestic abuse shelters, job training centers, etc. Contact your local office of the U.S. Department of Housing and Urban Development at http://www5.hud.gov:63001/po/i/netlocator/. Look on the left-hand side of the page to search for your local field office.

11) 50% Discount For Teachers K-12 To Buy A Home
Called the ‘Teacher Next Door Initiative” and referred to as Program #14.310 in the Catalog of Federal Domestic Assistance, this program is designed to strengthen America’s communities by encouraging public and private school teachers to live in low and moderate income neighborhoods. Teachers (State-certified in grades Kindergarten through 12th grade) may purchase HUD-owned single unit properties located in designated revitalization areas at a 50 percent discount off list price. Teachers must agree to occupy homes as their sole residence for a period of 3 years. The teacher must also agree to execute a second mortgage and note in the name of the Department for an amount equal to the 50 percent discount. This zero interest note will gradually decrease over the 3-year mandatory residence period until it reaches zero. Should the teacher leave the home before the 1st anniversary of occupancy, 90 percent of the discounted amount will be due to HUD. Departure before the 2nd anniversary of occupancy will require a 60 percent repayment, and departure before the 3rd anniversary of occupancy will require a 30 percent repayment of the discounted amount. Contact your local office of the U.S. Department of Housing and Urban Development at http://www5.hud.gov:63001/po/i/netlocator/. Look on the left-hand side of the page to search for your local field office.

12) $750,000 To Buy A Ranch Or Farm
Called the “Farm Ownership Loans Program” and referred to as Program #10.407 in the Catalog of Federal Domestic Assistance, this program helps eligible farmers, ranchers, and aquaculture operators, including farming cooperatives, corporations, partnerships, and joint operations, through the extension of credit and supervisory assistance to: Become owner-operators of not larger than family farms; make efficient use of the land, labor, and other resources; carry on sound and successful farming operations; and enable farm families to have a reasonable standard of living.
Contact your local office of the U.S. Department of Agriculture Rural Housing Service at
http://offices.usda.gov/scripts/ndISAPI.dll/oip_public/USA_map.

13) $100,000 To Help Buy A Mobile Home and a Mobile Home Lot
Called the “Mortgage Insurance – Combination and Manufactured Home Lot Loans Program” and referred to as Program #14.162 in the Catalog of Federal Domestic Assistance, this program makes possible reasonable financing for the purchase of a manufactured home and a lot on which to place the home. Contact your local office of the U.S. Department of Housing and Urban Development at http://www5.hud.gov:63001/po/i/netlocator/. Look on the left-hand side of the page to search for your local field office.

14) $200,000 To Help Buy A Home In A Area Affected By A Base Closing
Called the “Mortgage Insurance – Home – Military Impacted Areas” and referred to as Program #14.165 in the Catalog of Federal Domestic Assistance, this program helps families undertake home ownership in military impacted areas. These loans may be used to finance the purchase of proposed, under construction, or existing one - to four-family housing, as well as to refinance indebtedness on existing housing. All families intending to occupy the property are eligible to apply. Contact your local office of the U.S. Department of Housing and Urban Development at http://www5.hud.gov:63001/po/i/netlocator/. Look on the left-hand side of the page to search for your local field office.

15) Government Backed Graduated Mortgage Payments
Called the “Section 245 Graduated Payment Mortgage Program” and referred to as Program #14.159 in the Catalog of Federal Domestic Assistance, this program helps early home ownership for households that expect their incomes to rise. The program allows homeowners to make smaller monthly payments initially and to increase their size gradually over time. Contact your local office of the U.S. Department of Housing and Urban Development at http://www5.hud.gov:63001/po/i/netlocator/. Look on the left-hand side of the page to search for your local field office.

16) $100,000 To Buy Or Fix Up Houses In Older Areas Of A Town
Called the “Mortgage Insurance – Housing In Older, Declining Areas” and referred to as Program #14.123 in the Catalog of Federal Domestic Assistance, this program helps in the purchase or rehabilitation of housing in older, declining urban areas. Contact your local office of the U.S. Department of Housing and Urban Development at http://www5.hud.gov:63001/po/i/netlocator/. Look on the left-hand side of the page to search for your local field office.

17) $150,000 To Purchase A Condominium
Called the “Mortgage Insurance – Purchase of Units in Condominiums” and referred to as Program #14.133 in the Catalog of Federal Domestic Assistance, it enables families to purchase units in condominium projects.
Contact your local office of the U.S. Department of Housing and Urban Development at http://www5.hud.gov:63001/po/i/netlocator/. Look on the left-hand side of the page to search for your local field office.

18) $48,000 To Buy A Mobile Home
Called the “Manufactured Home Loan Insurance – Financing Purchase of Manufactured Homes as Principal Residences of Borrowers Program” and referred to as Program #14.110 in the Catalog of Federal Domestic Assistance, this program insures lenders against loss on loans. Insured loans may be used to purchase manufactured home units by buyers intending to use them as their principal places of residence. The maximum amount of the loan is $48,600, whether single or multiple modules. The borrower must give assurance that the unit will be placed on a site which complies with local zoning and land development requirements. Contact your local office of the U.S. Department of Housing and Urban Development at http://www5.hud.gov:63001/po/i/netlocator/. Look on the left-hand side of the page to search for your local field office.

19) $300,000 For People Whose Homes Were Hurt By A Disaster
Called the “Mortgage Insurance – Home For Disaster Victims Program” and referred to as Program #14.119 in the Catalog of Federal Domestic Assistance, this program helps victims of a major disaster undertake homeownership on a sound basis. Disaster victims are not required to meet the 3 percent minimum investment requirements. In order to qualify for assistance, the formerly occupied home must have been in an area designated by the President as a disaster area, and it must have been destroyed or damaged to such an extent that reconstruction or replacement is necessary. Contact your local office of the U.S. Department of Housing and Urban Development at http://www5.hud.gov:63001/po/i/netlocator/. Look on the left-hand side of the page to search for your local field office.

20) $100,000 to Buy or Fix Up Homes In the Country
Called “The Very Low Income Housing Loans Program” and referred to as Program #10.410 in the Catalog of Federal Domestic Assistance, this program helps very low, low-income, and moderate-income households to obtain modest, decent, safe, and sanitary housing for use as a permanent residence in rural areas. Direct and guaranteed loans may be used to buy, build, or improve the applicant's permanent residence. New manufactured homes may be financed when they are on a permanent site, purchased from an approved dealer or contractor, and meet certain other requirements. Under very limited circumstances, homes may be re-financed with direct loans. Dwellings financed must be modest, decent, safe, and sanitary. The value of a home financed with a direct loan may not exceed the area limit. Direct loans are made at the interest rate specified in RD Instruction 440.1, Exhibit B (available in any Rural Development local office), and are repaid over 33 years or 38 years for applicants whose adjusted annual income does not exceed 60 percent of the area median income, if necessary to show repayment ability. Payment assistance is granted on direct loans to reduce the installment to an "effective interest rate" as low as one percent, depending on adjusted family income. Payment assistance is subject to recapture by the government when the customer no longer resides in the dwelling. There is no funding provided for deferred mortgage authority or loans for deferred mortgage assumptions. Guaranteed loans may be made to refinance either existing RHS Guaranteed Housing loans or RHS Section 502 Direct Housing loans. Guaranteed loans are amortized over 30 years. The interest rate is negotiated with the lender. Contact your local office of the U.S. Department of Agriculture Rural Housing Service at
http://offices.usda.gov/scripts/ndISAPI.dll/oip_public/USA_map.

21) $200,000 to Buy Or Fix Up Homes In The Country
Called “The Farm Labor Housing Loans and Grants Program” and referred to as Program #10.405 in the Catalog of Federal Domestic Assistance, this program provides decent, safe, and sanitary low-rent housing and related facilities for domestic farm laborers. The loans and grants may be used for construction, repair, or purchase of year-round or seasonal housing; acquiring the necessary land and making improvements on land for housing; and developing related support facilities including central cooking and dining facilities, small infirmaries, laundry facilities, day care centers, other essential equipment and facilities or recreation areas. Funds may also be used to pay certain fees and interest incidental to the project. Restrictions on the use of funds are: The housing must be of a practical type and must be constructed in an economical manner and not of elaborate material or extravagant design. Housing financed with labor housing loan or grant funds must be occupied by domestic farm laborers and their families.
Loans are available to farmers, family farm partnership, family farm corporation, or an association of farmers. Loans and grants are available to States, Puerto Rico, the U.S. Virgin Islands, political subdivisions of States, broad-based public or private nonprofit organizations, federally recognized Indian Tribes and non- profit corporations of farm workers. Grants are available to eligible applicants only when there is a pressing need and when it is doubtful that such facilities could be provided unless grant assistance is available. Contact your local office of the U.S. Department of Agriculture Rural Housing Service at http://offices.usda.gov/scripts/ndISAPI.dll/oip_public/USA_map.

22) Get 4% Interest Rate Reduction Subsidy
Called “The Interest Assistance Program” and referred to as Program #10.437 in the Catalog of Federal Domestic Assistance, this program provides a 4 percent subsidy to farmers and ranchers, who do not qualify for standard commercial credit. Guaranteed loans are serviced by a lender who has entered into a Lenders Agreement with the agency. The total loan limit for a guaranteed loan cannot exceed $731,000. Contact your local office of the U.S. Department of Agriculture Rural Housing Service at http://offices.usda.gov/scripts/ndISAPI.dll/oip_public/USA_map.

23) $15,000 Grant for Owners or Developers In Small Towns To Fix Up Their Home
Called “The Rural Housing Preservation Grants Program” and referred to as Program #10.433 in the Catalog of Federal Domestic Assistance, this program helps very low- and low-income rural residents individual homeowners, rental property owners (single/multi-unit) or by providing the consumer cooperative housing projects (co-ops) the necessary assistance to repair or rehabilitate their dwellings. These objectives will be accomplished through the establishment of repair/rehabilitation, projects run by eligible applicants. This program is intended to make use of and leverage any other available housing programs which provide resources to very low and low-income rural residents to bring their dwellings up to development standards. Contact your local office of the U.S. Department of Agriculture Rural Housing Service at
http://offices.usda.gov/scripts/ndISAPI.dll/oip_public/USA_map.

24) $277,000 To Help Purchase a 2-4 Family Unit
Called ‘The Mortgage Insurance –Homes Program” and referred to as Program #14.117 in the Catalog of Federal Domestic Assistance, this program helps people undertake home ownership. HUD insures lenders against loss on mortgage loans. These loans may be used to finance the purchase of proposed, under construction, or existing one-to four-family housing, as well as to refinance indebtedness on existing housing. Maximum insurable loans are as follows: one-family $144.336; two family $184,752; three-family $223,296; and four-family $277,512; except that the Secretary may increase the preceding maximum dollar amounts on an area-by-area basis to the extent the Secretary deems necessary, after taking into consideration the extent to which moderate and middle income persons have limited housing opportunities in the area due to high prevailing housing sales prices, but in no case may such limits, as so increased, exceed the lesser of (A) 87 percent of the Federal National Mortgage Association's Conforming Loan Limit, or (B) in the case of a one-family residence, 95 percent of the median one-family house price in the area, as determined by the Secretary; in the case of a two-family residence, 107 percent of such median price; in the case of a three-family residence, 130 percent of such median price; or in the case of a four-family residence, 150 percent of such median price. Designated areas of limited housing opportunities and maximum mortgage amounts may be obtained from local HUD Offices. Contact your local office of the U.S. Department of Housing and Urban Development at http://www5.hud.gov:63001/po/i/netlocator/. Look on the left-hand side of the page to search for your local field office.

25) Uncle Sam Will Co-Sign an Adjustable Rate Mortgage
Called “The Adjustable Rate Mortgages Program” and referred to as Program #14.175 in the Catalog of Federal Domestic Assistance, this program provides mortgage insurance for an adjustable rate mortgage which offers lenders more assurance of long term profitability than a fixed rate mortgage, while offering consumer protection features. HUD insures lenders against loss on mortgage loans. These loans may be used to finance the purchase of proposed, under construction, or existing one- to four-family housing as well as to refinance indebtedness on existing housing. The maximum insurable mortgage loan for an occupant mortgagor is the same as prescribed for Section 203(b) - program 14.117. HUD insures lenders against loss on mortgage loans. These loans may be used to finance the purchase of proposed, under construction, or existing one- to four-family housing as well as to refinance indebtedness on existing housing. The maximum insurable mortgage loan for an occupant mortgagor is the same as prescribed for Section 203(b) - program 14.117. All persons intending to occupy the property are eligible to apply. All persons intending to occupy the property are eligible to apply. Contact your local office of the U.S. Department of Housing and Urban Development at http://www5.hud.gov:63001/po/i/netlocator/. Look on the left-hand side of the page to search for your local field office.

26) $4,000,000 For Your Non-Profit To Help People Buy Homes
Called the “Self Help Ownership Opportunity Program” and referred to as Program #14.247 in the Catalog of Federal Domestic Assistance this program encourages innovative homeownership opportunities through the provision of self-help housing where the homebuyer contributes a significant amount of sweat equity toward the construction of the dwellings. Eligible homebuyers are low-income families who are otherwise unable to afford to purchase a dwelling, and who provide significant amounts of sweat equity or volunteer labor to the development of the dwellings.
To identify if there are programs in your area contact your local office of the U.S. Department of Housing and Urban Development at http://www5.hud.gov:63001/po/i/netlocator/. Look on the left-hand side of the page to search for your local field office. If the local office does not know what you are talking about contact the main office at : Lou Thompson, Office of Affordable Housing Programs, Community Planning and Development, Department of Housing and Urban Development, 451 7th Street, SW., Washington, DC 20410. Telephone: (202) 708-2684. Louise_D._Thompson@HUD.GOV.

27) Grants To Local Communities To Provide Money To Buy Or Fix Up Hones Or To Pay For Rent
Called the “Home Investment Partnership Program” and referred to as Program #14.239 in the Catalog of Federal Domestic Assistance this program expands the supply of affordable housing, particularly rental housing, for low and very low income Americans; (2) to strengthen the abilities of State and local governments to design and implement strategies for achieving adequate supplies of decent, affordable housing; (3) to provide both financial and technical assistance to participating jurisdictions, including the development of model programs for developing affordable low income housing; and (4) to extend and strengthen partnerships among all levels of government and the private sector, including for-profit and nonprofit organizations, in the production and operation of affordable housing.
To identify if there are programs in your area contact your local office of the U.S. Department of Housing and Urban Development at http://www5.hud.gov:63001/po/i/netlocator/. Look on the left-hand side of the page to search for your local field office. If the local office does not know what you are talking about contact the main office at : Mary Kolesar, Director, Office of Affordable Housing Programs, Room 7164, Community Planning and Development, Department of Housing and Urban Development, 451 7th Street, SW., Washington, DC 20410, 202-708-2470, MARY_KOLESAR@hud.gov, website www.hud.gov/cpd/home/homeweb.html.

28) $1,000,000 To Build or Fix Up Housing for People With Disabilities
Called the “Supportive Housing for Persons With Disabilities Program” and referred to as Program #14.181 in the Catalog of Federal Domestic Assistance this program provides for supportive housing for persons with disabilities. Capital advances may be used to construct, rehabilitate or acquire structures to be used as supportive housing for persons with disabilities. Project rental assistance is used to cover the difference between the HUD-approved operating costs of the project and the tenants' contributions toward rent (30 percent of adjusted income).
To identify if there are programs in your area contact your local office of the U.S. Department of Housing and Urban Development at http://www5.hud.gov:63001/po/i/netlocator/. Look on the left-hand side of the page to search for your local field office. If the local office does not know what you are talking about contact the main office at : Office of Housing Assistants andGrants Administration, Department of Housing and Urban Development, Washington, DC 20410, 202-708-3000.