A grant is money given to an individual or an organization that does not hold an obligation of repayment. In that respect, it differs from a loan, and does not incur any debt or interest. Grants can be given out by foundations and governments. Grants to individuals can be either scholarships or donations.
A first time home buyer grant is a monetary gift to an individual for the specific purpose of helping her purchase her first home. First time home buyer grants are awarded based on few criteria, primarily financial need and income qualifications.
Many states have initiated grant programs to help lower income residents with the purchase of their first home. The federal government, through the Department of Housing and Urban Development (HUD) also provides grants to first time home buyers.
More on [ First time home buyer grant ]

Buying Your First House - A comprehensive website containing information on buying a home including a list of money lenders, current listings and a real estate agent.
Meta Description: [ Advice and information about the basics of buying a home, for first-time home buyers in the greater Seattle Metro area and across the country, brought to you by Rob Potashnick. ]
HomeBuyingTips.net - Home buyers information including a mortgage calculator.
Meta Description: [ How to buy the best home for the least money in six easy steps. Download free home buying guide with buyer's checklist. ]
Homewize.com - Web-based and handheld tools for homebuyers, sellers and real estate agents.
HUD: Buying A Home - Features and information for homebuyers from US Department of Housing and Urban Development.
New Homeowner Guide - Helpful information for new homeowners. Room planning, painting, and window coverings.
Meta Description: [ NewHomeownerGuide.com contains tips for new homeowners. Purchasing and moving into a new home is a
very exciting time in your life and we are pleased to share it with you. We have prepared this site as a companion to our publication
New Homeowner, A Guide To Your New Home. ]
500
Real Estate and How - Information on buying, selling and owning a home.
Meta Description: [ News about the real estate industry for real estate and mortgage professionals ]
RealEstateJournal.com - The web site from The Wall Street Journal for buying, selling, maintaining and investing in homes and commercial properties.
Meta Description: [ Real Estate Journal provides real estate news and home buying help, along with home decorating tips and remodeling advice. Search our database of homes for sale, learn how to work with real estate agents, get the best home loans and more. ]
| Educational | |
| Next Video | |