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Who knows about housing down payment grants?

Hi my husband and I are first time home buyers his credit score is 717 and we make about 45,000 a year. Does anyone know about down payment grants? PLEASE help. We found a home we want to buy but need to come up with 3% or 3000 down payment We live in bakersfield California.

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Asked by dramaqueen4fun at 10:08 PM on Dec. 14, 2008 in Money & Work

Level 1 (0 Credits)
Answers (2)
  • Go see someone that does loans...they will help you. They like a low debt to income ratio, meaning you don't have craploads of bills. You also have to fall within income guidelines, don't know if 45K is too much or's been awhile since I researched this. But if you're making 45K why can't you just save up the 3K? That's really not that much!

    Answer by Anonymous at 10:28 PM on Dec. 14, 2008

  • 10:48 pm, $45K is not that much money, if you consider it is Bakersfield, California.

    Answer by Anonymous at 7:40 AM on Dec. 15, 2008

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