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HART DOWNPAYMENT GRANTS
The Housing Action Resource Trust (HART) program is a California 501 c (3) Non-Profit
Housing and Community Development Corporation that promotes homeownership by offering
down payment assistance programs to qualified low and moderate income homebuyers.
This programs offers free gift funds to be used towards the down payment and closing
costs for eligible FHA loan programs. Under this program, these funds do not have to
be paid back. HART will gift up to $15,000 of the final sales price on a home.
Type of Assistance:
Potential applicants for this program must first get pre-qualified for this home
loan grant. Once approved, the applicant will then be referred to an approved
Real Estate agent in the applicants area in order to find a home that qualifies
under the program guidelines. Once the home is found , all offers are accepted
from the seller, and the loan is ready to close, then the gift funds are wired
to the title / escrow company and the buyer closes on the transaction.
Eligible Customers:
All persons who meet the requirements for the HART Program.
Additional Information:
Since the Hart program uses many of the same items needed for an FHA loan,
we suggest that you familiarize yourself with all the characteristics of FHA loans by
going to Important Facts and then apply online.
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FHA HOME LOAN
FHALoan.com is a private mortgage company specializing in fha home loans and is not associated with the federal government or HUD / FHA.
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