Health & Fitness
Attention Marines: First Time Military Home Buyers Get $5,000 Grants
Active duty personnel, veterans, retired military, and employees of the U.S. DOD and the DHS are eligible to apply for up to $5,000 in down payment and closing costs in the purchase of a first home.
Applying for a Dream Makers $5,000 Grant
The following is posted at the Pentagon Foundation website:
The Dream Makers Program offers grants for down payments to first-time homebuyers of modest means who valiantly work to protect our country’s national security.
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You don't have to be a Pentagon Federal Credit Union member to benefit from Dream Makers, and you can apply the grant to a mortgage from any financial institution.
How Do I Qualify?
You're eligible for a Dream Makers grant if:
1. You're Military (Active Duty, Reserve, National Guard or Veteran), a Department of Defense employee or a Department of Homeland Security employee.
2. You're a first-time home buyer, or you have not owned a home for the last three years, or you have lost your home through divorce or disaster.
3. The gross household income, including allowances, that you use to qualify for your mortgage loan is:
• A maximum of $55,000 per year, or
• A maximum of 80% of your community’s median income based on your family size
Find out what's happening in San Clementewith free, real-time updates from Patch.
Click here to read the rest of the information about how to apply.
Another useful local-area realty message from 35-year San Clemente real estate broker, Debbie Ferrari. Buying or selling a home in South Orange County? Be sure to first call or email me: 949-463-4111 ---- Debbie@DebbieFerrari.com
Search the MLS here to find all homes for sale in Orange County.
