You may participate in the good neighbor next door program as a firefighter or emergency medical technician if you are employed full time as a firefighter or emergency medical technician by a fire department or emergency medical services responder unit of the federal government a state unit of general local government or an indian tribal government serving the area where the home is located.
Apply for good neighbor next door.
Is a for profit business which is not affiliated with the federal good neighbor next door program the u s.
How do i apply for good neighbor next door program.
The gnnd program achieves that goal by putting homes into the hands of public servants at an affordable price.
When you purchase a hud home as part of the gnnd program you will get a home loan.
Who is eligible for good neighbor next door program.
No agency of the federal government has approved or endorsed good neighbor next door realty.
Let s take a closer look at the good neighbor next door program.
In order to qualify for this benefit program you must be or have been a law enforcement officer firefighter emergency medical technician or teacher who is employed full time and be a current or prospective homeowner.
Hud offers a substantial incentive in the form of a discount of 50 from.
This program makes homes in revitalization areas available to law enforcement officers teachers firefighters and.
Buyers must reside in the property for a period of no less than 36 months.
Sign the paperwork including a second mortgage on the discounted amount.
Good neighbor next door realty inc.
Department of housing and urban development or any other agency or department of the federal government.
He should be able to show you the hud homes available for purchase in your neighborhood.
It s even possible to use an fha rehabilitation or 203 k loan to buy a home in the good neighbor next door program.
The good neighbor next door program promotes these goals by encouraging persons whose daily professional responsibilities represent a nexus to the needs of the community to purchase and live in homes in these communities.
About good neighbor next door.
Your lender should have ideas about what you qualify for.
The good neighbor next door program is available to borrowers who will live in the home as their primary residence.
Your mortgage lender also can help you to see if you qualify for the program.
Law enforcement officers pre kindergarten through 12th grade teachers firefighters and emergency medical technicians can contribute to community revitalization while becoming homeowners through hud s good neighbor next door sales program.