Home HeadQuarters Buffalo Closing Cost Assistance
Funding status: Active
How much assistance
Up to $9,000 ($5,000 deferred loan/grant plus $4,000 low-interest loan) (Grant)
$5,000 grant portion is a deferred loan forgiven based on occupancy. $4,000 loan portion at up to 6% interest payable over 5 years (3% for those below 80% AMI).
Eligibility
- Income limits: Must fall below 80% of HUD median income guidelines for grant portion
- First-time buyer required: Yes
- Geographic restrictions: Must be a Home HeadQuarters mortgage customer.
- Homebuyer education required: Yes
How to Apply for Home HeadQuarters Buffalo Closing Cost Assistance
Step 1: Contact Home HeadQuarters through their Mortgage Inquiry Form at homehq.org/buffalo. Must complete a HUD-certified homebuyer education course.
Notes
The full $9,000 is available only to Home HeadQuarters mortgage customers. The mortgage product requires only 2% down at 6.99% interest over 25 years with Auto-Pay enrollment.