Single Parents Pay Only 1% For New Home

Gift down payments are provided for first-time homebuyers or for those families who have grown and need a larger home. Emphasis is placed on single mothers and first-time homebuyers. There are no income, asset or citizenship requirements in the qualification process; however, the home must be used as the primary residence and homebuyers must attend the free counseling and education classes offered by the program. Up to 7.5% of the purchase price is available for down payment costs or other costs associated with the purchase of the home. This is a nationwide organization. Contact: Home Buyers Association Fund, 288 South Main Street, Suite 300, Alpharetta, GA 30004; (866) 521-HBAF.

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