| Nehemiah
Down Payment Assistance Program ...............................................................................
Nehemiah will gift up to 3% of the final sales price to a
qualified Nehemiah buyer for the down payment. This allows a you to buy a home with no
down payment when combined with a FHA loan. This program requires the assistance of the
home seller.
Nehemiah is a private California non-profit housing
corporation. Nehemiah is not a government program. The Nehemiah Program gifts money to
qualified buyers to purchase Nehemiah properties throughout the United States.
Before a Nehemiah transaction is scheduled to record,
Nehemiah delivers the participating buyer's 3% gift money taken from a pre-existing pool
of funds and delivers it to the closing company. The seller makes a contribution only
after the successful close. Nehemiah is using its own money from a pre-existing trust
fund.
Using the Nehemiah program to buy a home is quite simple
and can be broken into two simple steps.
- Get preapproved for a FHA Loan.
- Once approved, find a home and have your Realtor write up
the offer using the Nehemiah program.
If your realtor or lender is not familiar with the Nehemiah
program, please use our form to get pre-approved
and our mortgage professional will help you and your realtor with the program.
If you wish to use the Nehemiah program to purchase a home,
take a moment to learn about  FHA
Loan Qualifying
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