Are you a first-time home buyer in Cedar Rapids, Iowa? Then you should be aware of the amazing grants available for you! First-time home buyer grants in Cedar Rapids, Iowa are designed to help individuals and families purchase their first homes with additional financial assistance that covers the cost of down payments and closing costs.
Table Of Content:
- First Time Home Buyer Program
- Cedar Rapids First Time Home Buyer Program
- Welcome to the City of Cedar Rapids, Iowa
- Applications for Cedar Rapids' First Time Homebuyer program open ...
- Welcome to the City of Cedar Rapids, Iowa
- Iowa First-Time Home Buyer | 2022 Programs and Grants
- CRBT › $5,000 Grants Available for Home Buyers
- Grant Information for Homebuyers | FSB
- First-Time Homebuyer Programs in Iowa - NewHomeSource
- Iowa Mortgage Solutions | First Time Home Buyer Grant Programs
1. First Time Home Buyer Program
https://www.cedar-rapids.org/local_government/departments_a_-_f/community_development/housing_programs/first_time_home_buyer_program.php
Welcome to the City of Cedar Rapids, Iowa. ... The First Time Home Buyer program is closed and no new applications will be accepted.
2. Cedar Rapids First Time Home Buyer Program
https://www.fha.com/grants/cedar-rapids-iowa-first-time-home-buyer-program
The First Time Home Buyer (FTHB) Program provides eligible potential homebuyers with $1,000 to $5,000 to help cover the down payment and closing costs ...
3. Welcome to the City of Cedar Rapids, Iowa
https://www.cedar-rapids.org/local_government/departments_a_-_f/community_development/housing_programs/home-ownership_resources.php
The First Time Home Buyer Program provides $5,000 in down payment and closing cost assistance to increase the overall homeownership rate, create greater ...
4. Applications for Cedar Rapids' First Time Homebuyer program open ...
https://corridorbusiness.com/applications-for-cedar-rapids-first-time-homebuyer-program-open-march-7/
Feb 23, 2022 ... The city of Cedar Rapids' First Time Homebuyer Program will begin accepting applications at 8 a.m. March 7. The program provides eligible ...
5. Welcome to the City of Cedar Rapids, Iowa
https://www.cedar-rapids.org/local_government/departments_a_-_f/community_development/housing_programs/index.php
Community Development Block Grant (CDBG) funds and HOME Investment Partnership Program (HOME) ... income-qualified First Time Home Buyers purchasing homes.
6. Iowa First-Time Home Buyer | 2022 Programs and Grants
https://themortgagereports.com/88536/iowa-first-time-home-buyer-programs-grants
Jul 27, 2022 ... First-time home buyer loans in Iowa · FHA loan: Backed by the Federal Housing Administration. 3.5% down and a 580 minimum credit score. · VA loan: ...
7. CRBT › $5,000 Grants Available for Home Buyers
https://crbt.bank/crbt-offers-5-000-grants-for-home-buyers
Great news for home buyers! Cedar Rapids Bank & Trust has partnered with the Federal Home Loan Bank of Des Moines to offer $5,000 Home$tart® grants to be used ...
8. Grant Information for Homebuyers | FSB
https://www.myfsbonline.com/grantsThe City of Cedar Rapids' First-Time Homebuyer (FTHB) Program provides a $1,000—$5,000 forgivable loan to eligible households to assist with down payment ...
9. First-Time Homebuyer Programs in Iowa - NewHomeSource
https://www.newhomesource.com/learn/first-time-homebuyers-iowa/
Pleasantly nicknamed the City of Five Seasons, Cedar Rapids offers its own First-Time Homebuyer Program, which provides between $1,000 and $15,000 in down ...
10. Iowa Mortgage Solutions | First Time Home Buyer Grant Programs
https://iowamortgagesolutions.com/
IMS is a mortgage broker with a vast network of lenders that can help most people achieve better mortgage terms for the purchase or refinancing of a house.
What is a First-Time Home Buyer Grant?
A first-time home buyer grant is a government program that provides funds to help pay for the cost of purchasing a home. These grants are available to eligible first-time buyers who need extra money for closing costs or down payments.
How can I qualify for a First-Time Home Buyer Grant in Cedar Rapids? A: To qualify for one of these grants, an individual must meet the following criteri
To qualify for one of these grants, an individual must meet the following criteria: have an income at or below 80 percent of the local median income; complete an approved homebuyer education course; and provide proof of assets and other information required by the program.
What types of homes are eligible under the First-Time Home Buyer Grant Program?
Eligible residences include single family homes, condominiums, manufactured homes, manufactured homes on leased land, detached single family dwellings, two-to four units houses/buildings with one unit occupied by household. All properties must be located within Cedar Rapids city limits.
Do I need to repay the grant money?
No repayment is required as long as you reside in your home for at least two years after purchase. If you decide to sell your home or move out prior to two years then repayment may be required depending on certain circumstances.
Conclusion:
The First-Time Home Buyer Grants in Cedar Rapids, Iowa offer an excellent opportunity to buy your dream home with some extra financial support! With this program's flexible eligibility requirements and assistance covering closing costs and down payments, it should make the process easier than ever before! So if purchasing your first home has been on your mind lately then don't miss out on this great chance! Now is the perfect time to take advantage of this great opportunity!