Explore the Home Buyer Grants and No-Down Payment Programs available in Wayne County

Explore Home Buyer Grants and No-Down Payment Programs for Wayne County! Click on any program to apply or click on "Apply Now."
No first time home buyer requirement.
3% Grant for down payment up to $15,000.
80% AMI.
Silent 2nd that is repayed when you refinance or sale.
No payments and no intrest due.
Min FICO of 620.

Provides 3.5% of the home's purchase price. Once you make 36 on-time mortgage payments, you owe nothing more on the grant.
Eligibility: Available for purchases throughout Wayne County for owner-occupied homes including single-family homes, townhomes, or condos. Manufactured homes are not eligible.

Offers up to $2,500 in assistance.
Eligibility: Available to those who haven't owned a home in the last three years. Applicable to 1-4 unit residences, condos, PUDs, and manufactured homes that are not classified as mobile homes. A mandatory home-ownership education program must be completed. This grant can be combined with other programs.

Offers up to 3.5% of the home's purchase price as a non-repayable grant.
Eligibility: Must be an owner-occupied property without any intent for investment purposes. Available for single-family homes, townhomes, condos, or duplexes. Manufactured homes on owned land are eligible.
Qualifying for the Home Empowered Grant:
Must meet one of the following:
First Time Home Buyer (not owned a home in the last three years)
Single Parent
Currently employed, retired, or volunteering as a first responder, educator, medical personnel, or civil servant
Earning up to 140% of the Area Median Income (AMI)

Provides up to $3,000 to assist with down payment or closing costs for buying or refinancing.
Eligibility: Must be a Chickasaw Nation citizen, on the home loan application, approved for a home loan, purchasing a primary residence, and not own investment property. Refinancing cannot involve cash-out.

Offers 100% financing for homes located in designated rural areas of Wayne County.
Details: Income restrictions apply but are generally liberal, making it accessible for many potential homebuyers.

An excellent option for first-time homebuyers offering a no-money-down opportunity through a 3.5% down payment that, along with up to 2.5% of closing costs, can be financed via a secondary loan.
Restrictions: Applies to homes up to $486,150, with certain limitations for manufactured, PUD, and condos. Income and credit score requirements must be met.

Suitable for those who do not qualify as first-time buyers or who have higher incomes.
Details: No initial down payment required; similar financing options cover closing costs. Income and credit score requirements apply.

Requires no down payment with up to 3% of closing costs potentially financed through a secondary loan.
Restrictions: Income and credit qualifications apply; housing must be a single-family home, twin home, PUD, or condo. Manufactured homes are excluded.

Aimed at service members, veterans, and eligible surviving spouses, offering no-money-down financing.
Eligibility: Active service or honorable discharge required, with no requirement to be a first-time homebuyer.
For more information on how to apply for these programs or to check your eligibility, please click the links provided or contact us directly.

Offers up to 3.5% of the purchase price for 1-2 unit properties, available through three distinct programs: a Grant/Gift, a Forgivable Second, and a Repayable Second—the latter of which has no income restrictions.

Provides 4%-6% in down payment assistance, with options to choose from including FirstHome, HomeAgain, Score, and NoMI programs, catering to various buyer needs.

Offers exceptional 100% financing opportunities available to most residents in this county, supporting homeownership in designated rural areas without the requirement for a down payment.