The Steps to Qualify for a Grant
  • Borrowers must have a minimum of three lines of credit that have been active for at least 18 of the past 24 months - and paid on time.

  • Overall debt-to-income ratio of 45% or less.

  • Must meet county limit on household income and purchase price.

  • Maximum Loan-to-Value (LTV) of 95% for single-family homes.

  • Two-year employment history.

  • Borrower contribution of at least 1% on LTV, greater than 95%.

  • Attend a home-buyer education course