This is one of the best kept secrets. Did you know you can get up to $17500 towards your first home? Yes, you read it right. You can receive up to $7500 from the bank that you start your “Home Buyers” account with and than get a additional $10,000 after you take a class on homebuying.
Isn’t that great? It’s a process and you must have a JOB.
It works like this:
- You call the bank that you want to open the account with ( must be a bank that participates in this program)
- They will see if you meet the requirements
- You fill out the application
- Read the contract and sign
- Open an account with x amount of money that you are required to.
- START SAVING TOWARDS YOUR HOME!
You must also adhere to all the stipulations in the contract.
Check it out here to see if you qualify, and yes, you must meet the income bracket.
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