Free Home Mortgage Grants
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There is over $75 billion dollars in home mortgage grants that can be claimed by any American citizen that is at least 18 years old. Depending if the area you are buying or currently live in qualifies to receive these funds, you could walk away with several thousand dollars in free money to help you pay your mortgage.
These grants are available in a variety of formats, for a variety of reasons, and for all income levels. You’ve seen how the government bailed out millions of Americans from foreclosing on their homes. They also provide funding for other people and options as well.
For example, there are home mortgage grants for single mothers who need financial assistance. There are home mortgage grants for those buying their first home and need down payment money. There are even grant funds for families who want to do some home improvement but don’t want to put up the money themselves.
The interesting thing is that there is so much free grant money available right now and so few people that know about it, that the money is incredibly easy to obtain. The government is mandated by law to give this money out to the most qualified individuals who ask for it. But when there is not enough people submitting applications, they are faced with giving the cash to people who are not exactly the most qualified.
That won’t last long though. More and more people are finding out about these programs and finding a way to get their hands on this money, whether they need the cash or not. Why? Because one of the greatest benefits of government grants for homes is that they never have to be paid back.
Once you receive your grant check, it is yours to spend for your own personal needs and you will never be asked to repay the money. It’s just a matter of finding the available funding and asking for it, but that’s the easy part.
Once you have the resources you need to find and apply for the money, you can receive grant check after grant check. That’s because there is no limit on the number of programs you can apply for and receive. Plus they don’t look at your credit score, there is no down payment needed, and no collateral. It’s just free money that you get to claim from the government and use towards your home.
See if you qualify to receive home mortgage grants in your area by going to http://www.govfunds.info
Austin Warty
http://www.articlesbase.com/mortgage-articles/free-home-mortgage-grants-737528.html
5 Comments
April 29th, 2010 at 6:59 pm
I want "real"info. about "free"U.S Govt.Grants.Help I'm about to lose my home because of debts&mortgage
I know someone out here must know how to find info.for free links/websites on U.S Government Grants.Anyone?
April 30th, 2010 at 12:01 am
Government grants are given to government agencies and non profit organizations. They are not given to individuals. You are wasting your time. Sorry.
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April 30th, 2010 at 12:03 am
There is no such thing as government grants for people who are bad at managing their money. Sorry.
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April 30th, 2010 at 12:05 am
The government does not — as yet — give grants to help people in foreclosure. There are also no grants for paying bills, no grants for paying off credit cards, no grants for getting out of debt and no grants for simply fattening your wallet.
Grants are free, but it means OBLIGATION. You will be obligated to do as the grant sets out to do. Grants have objectives, and your purpose must fit the objective of the grant.
For one, you have to write the grant application and the grant application is not a simple document – you have to explain how your purpose for applying for the grant fits well with the objectives set out by the grant.
There is a stringent review process through a committee. You will compete with other applicants for the grant money, and this grant review committee will evaluate the merits of each proposal. Only those that they feel exemplifies the objective of the grant will be approved.
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 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.
Even 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.
Note 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.
Grants 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
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April 30th, 2010 at 12:07 am
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