Teacher Next Door Blog

Thank you Christopher and Suzanne for sending us this sweet video! Congratulations on the new addition to your family and on your lovely new home!   

For more info on GRANTS and other benefits, please CLICK HERE

www.TeacherNextDoor.us. #TeacherNextDoor,#NurseNextDoor


Posted by Teacher Staff on July 30th, 2019 2:53 PM

Congratulations Rewa and Xxavier Chisholm of Brandon, FL!! We hope you enjoy your new home! Thank you TND Realtor, Cheri Aumond McLean and TND Program Specialist, Samantha Wallace for your help!! ??????????      

Grant and down payment assistance information


Posted by Teacher Staff on May 8th, 2019 4:35 PM

How can a teacher with bad credit get approved for a mortgage to buy a home?  As the largest National Home Buying Program in the U.S., it is a question we are asked every day.   The honest answer is, it depends.

FICO scores between 500-580

FHA now allows loan approvals with FICO credit scores as low as 500.  However, if your score is between 500 and 580, there are at least two important differences from the typical FHA loan:

Down Payment: 
FHA requires all buyers with scores below 580 to put a minimum of 10% down.  Whereas other loan programs may be as low as 0-3.5% down.

In addition to the larger down payment, with a score below 580, FHA will require that the application go through a process known as “hand-underwriting,” as opposed to the typical automated process.  The underwriters will be looking for a specific hardship to explain the low credit score and will likely need a good “letter of explanation”

Compensating factors: During hand-underwriting, the underwriter will consider compensating factors, to get the loan approved for you.  These may include things such as a long and stable employment history, high income, excellent rental history and high cash reserves.  A low debt-to-income-ratio will also help.  For example, 29/41. (29% or gross for PITI and 41% of gross total monthly debt.) 

Teacher Next Door accepts all applications, regardless of credit score and our Preferred Lenders will work hard to get a loan approval for you.  Many buyers with scores below 580 may find it necessary, or easier, to repair their credit prior to moving forward with a home purchase.  Teacher Next Door’s Fresh Start Program could be a possible solution to help you raise your score.

FICO score of 580+

If your score is above 580, you should be able to get an FHA loan with only 3.5% down payment.  You may also not need to go through the hand underwriting process, making it easier to get approved.    

Grants and Down Payment Assistance for Teachers

All teachers and school employees are eligible for the Teacher Next Door GRANT, regardless of credit score.  However, you would still need to qualify for the mortgage financing.  With a credit score above 580, you may be eligible for down payment assistance.  Teacher Next Door requires each of our three national Preferred Lenders to offer several different down payment assistance options.  These DPA programs may include Home in Five Advantage, Georgia Dream, Florida First, Chenoa, Unison and several others.  When you apply through the Teacher Next Door Program, a TND Program Specialist will contact you to go over the various options.  A credit check is not required to complete the pre-application

If you have other Questions about the Teacher Next Door Program, please visit the Frequently Asked Questions section at


Teacher Next Door Reviews


Fresh Start Program

Posted by Teacher Staff on April 8th, 2019 4:12 PM

With us every step of the way!

"We wanted to give a shout out to Cheri Aumond-McLean for helping us find our dream home here in Tampa, FL. She was with us every step of the way (and I definitely appreciated her quick responses to ALL of my questions). She gets stuff done! Without this program, we would have been at a loss during the whole process. We appreciate the team (Cheri, Jose, Albie, and everyone else behind the scenes) that came together to guide us - we're at a loss of words for how thankful we are!"

Danielle Matte, Teacher
Tampa, FL

Read more Certified Buyer Reviews


Posted by Teacher Staff on April 1st, 2019 6:07 PM

March 18, 2018 - Lakeland, FL  Florida high school math teacher and first time home buyer, Wanda Miller, is the latest recipient of the Teacher Next Door housing grant.  On Friday, Wanda and her family closed on their new home in Lakeland and received over $5,000 in home buyer assistance through the Teacher Next Door Program.    


Often, saving for a down payment is the biggest challenge facing first time home buyers.  Teacher Next Door is the largest National Home Buying Program in the U.S. Through this nationwide program, teachers may receive grants, downpayment assistance and other benefits to help them achieve the dream of home ownership.  While many program participants are first time home buyers, this is not a prerequisite to participate.

The Teacher Next Door Program is not just for classroom teachers.  All school employees, including support staff and administration are eligible for the program and receive the same benefits, with the exception of HUD's GoodNeighbor Next Door program, which has additional limitations.

Other public servants, such as nurses, law enforcement and firefighters, are included as well.  For a complete list, CLICK HERE.

For additional detail, you may visit the official website, at www.teachernextdoor.us.


Teacher Next Door Reviews

Posted by Teacher Staff on March 18th, 2019 4:39 PM

Congratulations to new first time home buyer Ashley Fair!  We wish you many happy memories in your lovely new home.   Special thanks to TND Program Specialists Maria Hickman for helping make dreams come true.

For info on GRANTS, down payment assistance and other benefits for first time home buyers visit https://www.teachernextdoor.us/First-Time-Home-Buyer-Program.


Teacher Next Door Reviews


Posted by Teacher Staff on February 21st, 2019 1:29 PM

According to a recent Forbes Magazine article, "Why Home Ownership Matters'" The average U.S. homeowner's new worth is an astounding $190,000.00 higher than the average renter.  While local markets vary, the national median home price continues to climb each year, even during recessions.

In addition to building equity and in turn, net worth, there are many other benefits to owning your own home.  Such as:

Tax benefits - mortgage interest and property tax are allowed IRS deductions.

Stabilizing your housing payment - While rent may increase every year, your fixed mortgage housing payment remains the same.  In fact, since most people's income tends to increase, your housing payment may soon be a lower percentage of your monthly budget.    

Greater privacy - Most people enjoy greater privacy when owning a home.

Pride of home ownership - Nothing compares to owning a home and being part of a local community.

One of the biggest challenges facing teachers and other school employees is coming up with a down payment.  Teacher Next Door helps alleviate this problem by offering GRANTS, down payment assistance and other programs.  Current grant amounts are up to $6,000.00 and down payment assistance can be as much as $10,681.00

There has never been a better time in history to purchase a home.  If you would like information on these various programs, click on the appropriate link below.


Teacher Next Door Reviews


First Time Home Buyers

Nurse Next Door

Officer Next Door

Firefighter Next Door

Soldier Next Door

Government Employee Program


Posted by Teacher Staff on February 11th, 2019 4:14 PM

Congratulations Kaleb and Becca George of Yuba City, CA on your beautiful new home! Thank you TND Realtor, Robert Walsh and TND Loan Officer, Rahmun Aung Khin and team for doing a great job and for giving back to your communities! For info on TND Grants, visit www.TeacherNextDoor.us.

Teacher Next Door currently has grants available up to $6,000.00 and down payment payment assistance up to $10,681.00.  This program is not just for first time buyers.  However, if you are a first time buyer, you may also qualify for the Teacher Next Door First Time Buyers Program.  

The Teacher Next Door Program is available in all 50 states.  To be eligible, you must be a teacher, nurse / healthcare professional, law enforcement, firefighter, EMT or government employee.  All support staff in these public service professions are also eligible.


Read Teacher Next Door REVIEWS?


Fresh Start Program

Posted by Teacher Staff on February 5th, 2019 9:48 AM

Congratulations Vickie Whitecotton on your beautiful new home!  Vickie is an ER Nurse in downtown Orlando.  We wish you many happy new memories.  Thanks to Nurse Next Door Super-Realtor Javin Lopez for your help and contributions to the community.  Thanks, NND Loan Officer, Mike Jones for your excellent service! 

Nurse Next Door currently has down payment assistance available up to $10,681.00.  In addition, there are home buying GRANTS available up to $4,170.00. (More in some areas.)  All healthcare employees are eligible.

Other benefits include: special home loans for nurses and healthcare employeesno application fees, free buyer representation, free appraisal and discounted title fees.  To apply, CLICK HERE

Posted by Teacher Staff on January 18th, 2019 11:44 AM

Teacher Next Door currently has down payment assistance available up to $10,681.00.  In addition, there are home buying GRANTS available up to $4,170.00. (More in some areas.)  The program is NOT limited to only classroom teachers.  All school and district employees, including, administrators and support staff are eligible.

Other benefits include: special home loans for teachers, no application fees, free buyer representation, free appraisal and discounted title fees.  To apply, CLICK HERE

We would like to congratulate Amy and Justin of St. Pete, FL! (pictured above) They closed on their new home just in time to celebrate the holidays in their new home.  Here's what they had to say about Teacher Next Door.


"The Teacher Next Door program has helped us tremendously at getting us into a new home that fits for our family. As a blended family of five kids - Sheff helped us to get the mortgage loan and understand the mortgage process. He had weekly updates and very easily answered our questions. Now that we were pre-qualified, we then next turned to Cheri to help us find a house that fit our needs. She was very prompt via text messaging and emailing for questions about houses.She was also very flexible to fit our schedule at looking at houses for us to see. After we found our house, Cheri and Sheff did everything in a exceptional manner and very prompt at getting the paperwork processes through the lender. Also, April and Caress contributed to helping us with paperwork and questions needed for this to happen. At the end of the day, we are in a new home that meets our needs and looking forward to raising our family in our home.

The Teacher Next Door Program has met our exceptions!"

Thank you to all,  

Amy and Justin

If you are considering purchasing a new home in 2019, this is a great opportunity!  For more information and to apply, visit www.TeacherNextDoor.us, or  CLICK HERE

Teacher Next Door also has extended benefits to include nurses, law enforcement and other eligible public service professionals.  If you are not a teacher and would like to determine your eligibility, please visit https://www.teachernextdoor.us/Home-Buying-Programs or CLICK HERE


To read more Teacher Next Door Reviews CLICK HERE.

Posted by Teacher Staff on December 20th, 2018 3:02 PM


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