How do you get a goverment grant to buy a home,if you have bad credit?
607577
you can get a job and save money, that always works. don't look for a government hand out
217010
To apply for grants, go to Grants.gov http://www.grants.gov . They have everything you need to apply for grants. \n\nThe first step is to register with Grants.gov and their registration process can be accessed from http://grants.gov/GetStarted \n\n1. Get a Data Universal Number System (DUNS) Number\n2. Register with Central Contractor Registry (CCR)\n3. Authorize your Organization's Representatives\n4. Login as an E-Business Point of Contact (POC)\n\nYou will first be asked to find the grant number of the grant that you wish to apply for. You can get this from the Catalog of Domestic Assistant http://www.cfda.gov which is the federal database of all grants.\n\nBut whether you can find grants to allow you to buy a business is an entirely different matter. It is hard to find grants to start a business. Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for a for-profit business. Grants are generally given to support non-profit organizations, intermediary lending institutions, and state and local governments, and hardly to individuals for the purpose of buying a business.
330272
Its not easy buying a home with bad credit. Its not easy buying a home with good credit now adays. I say, go through a credit builder and discuss your debt with them. It might take some months or even some years until you get your credit straight before you buy a home.  If you have bad credit now, the house is just gonna make it worse if you don't pay your notes and bills.
936785
The only way you can get a grant is from the council. They will conduct a survey of your home and see how much work needs done. Depending on the quality of living you have got in the house, depends how much the council will give you.\n\nMy friends parents bought a house and got around £5000 to do the house up but then found other problems with the building and reapplied for some more money to cover theses extra costs. Alot of the money was given to them for structural factors of the building though, not a new kitchen for instance.\n\nhope this helps abit
1144600
FHA guarantees loans for first time home buyers and can often offer solutions even to people with bad credit.  Shopping around for a good realtor and lender if very important.\n\nAsk friends and family who they have used.  In the market as it currently sits, almost anyone can get a mortgage, everything depends on how much you want to pay and what property you want.\n\nWhen looking for homes, make sure your realtor knows that you are a first time home buyer and interested in FHA loans since only certain houses qualify for them and some will be automatically ruled out.\n\nWhen shopping for a lender (don't JUST go with the one the realtor recommends but DO at least check them out), inquire about FHA loans and what type of points and interest would be available for someone with a credit rating of X.  find out what your credit rating is from the 3 major credit bureaus BEFORE you shop for a lender.  You want to know what they are going to be seeing before they do.\n\nThe more information you have the better.  Don't be afraid to ask questions or to walk away if it isn't what you want.\n\nStandard disclaimer: This is not legal advice nor financial advice.  If you wish to have legal or financial advice, you shoudl contact a licensed professional in your area.
662140
Go to any main branch library and in there reference section ask to see "The Catalog of Federal Domestic Assistance".  It's put out by the federal government and contains every loan and grant the government give out.  It will tell you how to apply and in most cases has the forms you'll need.  Good luck!
135090
Call Countrywide Mortgage - they have aggressive programs for credit challenged. You'll be surprised.
771238
YES :)  There are companies that lend to those with bad credit. Ditech.com is one.\n\nThe interest rate may be nasty but you can get a mortgage. There are also companies that own homes that sell them to less than perfect credit.\n\nBuild your credit back up. Get a credit card and put everything you usually buy on it BUT PAY IT off every month. If you have judgments, pay them. Charge offs, wait and dispute them with the credit agency..most can't prove them because they are junk debt.\n\nGood Luck
817046
Look up your State Housing Authority. They are the ones that can help you.
704519
Call a mortgage broker, tell them you think you want to buy a house. They'll pull your credit report, and if you need advice on how to make it better, they're usually competent to give it to you.
490816
The best way to find out about government grants is to go to any main branch library and look at "The Catelog of Federal Domestic Assistance".  It lists every grant and loan the government offers for nearly any purpose, instructions on how to apply and in many cases the forms you'll need.  Good luck!
589825
home loan: www.naca.com  \n\nthey are a non-profit housing advocacy group and they will work with you to improve your credit.
341399
Depending on how bad your credit is- there are many things you can do.  FHA loans are not credit score driven- but you have to clear all outstanding collections and judgements.  Otherwise you will need a downpayment.  Sometimes you can get seller concessions, there are many county programs out there to assist low income people...\nContact a mortgage broker and they can let you know what you may or may not qualify for after running your credit.
156362
You can't.  If you have bad credit, you are a high risk.  You WILL pay more for a loan, PERIOD.
114665
Land loans are difficult to get to begin with.   The best way to do it with bad credit is hard money.  You will need a 50-60% down payment.
914040
Government grants are out there.  There is no such thing as a grant that results in you getting a free house.\n \nThe grants that are out there help you with down payment and/or closing costs.  You still need to qualify for a loan.  There are not any "participation fees" or "finders fees" for this.  The government is giving this money, and the mortgage company giving you the loan will assist you in it.  Find a mortgage company that has access to and knows how to do these grants.\n\nSomebody asking for a "fee" to get it for you is a scam artist.  Report them to the state attorney's office.  Even if they don't get your money, you can bet they're getting rich ripping people off.
929055
Not a GOVERNMENT grant, but there are some organizations that give assistance to those who cannot afford to buy homes. Grants are given to non profits, who in turn give assistance to folks like you.\n\nI suggest you check out non profits such as Habitat for Humanity, though I understand their programs include providing for sweat equity (e.g. you need to help construct the house)\n\nAlso visit the Nehemiah Corp as they have a downpayment assistance program for qualified lenders http://www.getdownpayment.com/\n\nThe Housing and Urban Development in their Grants Available page makes it clear that they do not provide grants to individuals -- hence no grants for a person to buy a home http://www.hud.gov/grants/index.cfm\n\n"While HUD does not offer direct grants or loans to individuals, we do work through local governments and non-profit organizations to make financial assistance and counseling available."\n\n You can go to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grants.gov - these are two FREE sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support your purposes.\n\nEven if you buy books on "how to get grants" or list that supposedly has information on grants -- all of them are mere rehash of what CFDA has, albeit packaged differently.\n\nNote though that these grants generally support non-profit organizations, intermediary lending institutions, and state and local governments. Most of the federal grants are given to specific target groups with specific requirements (e.g. minority business owners involved in transportation related contracts emanating from DOT - Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program. Individuals especially for personal purposes are not eligible for federal grants. \n\nGrants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women's Business Ownership Assistance that are given to those who will create women's business center that will train women entrepreneurs