Grants and Down Payment Assistance
If you are a teacher, administrator, staff, or school employee and have not owned a home in the past three years, you are eligible to participate in the Teacher Next Door ® First Time Home Buyer Program. Through this program, all teachers and school employees may purchase ANY home on the market. Plus, you may be eligible for the Teacher Next Door Grant and additional down payment assistance for school employees. Our Teacher Next Door Program Specialist may also discuss your eligibility for certain state specific grant programs, if available, that may provide additional benefits.
Benefits for First Time Home Buyers:
- NO application fees / NO up-front fees
- Easy application process and up-front pre-approval.
- NO 4-hour home buyer class
- Simple Docs Program™
- Low down payment options for first time home buyers.
- Purchase ANY home on the market
- GRANTS up to $8,000.00 (Where available)
- Down Payment Assistance up to $10,681.00
- Home loans for first time home buyers.
- Preferred interest rates
- FREE appraisal (up to $545.00 credit at closing)
- FREE home buyer representation
- FREE access to (MLS) home listings
- FREE nationwide access to foreclosures
- Discount title fees for first time home buyers
Who is Eligible:
- Deans and Counselors
- School and District Office Staff
- School Psychologists
- School Social Workers
- School Nurses
- Lunchroom Staff
- Custodians and Maintenance Staff
- Librarians and Media Specialists
- Bus Drivers
Information updated January 20, 2022