Teacher Next Door’s stated mission is to increase home ownership, support community development and increase access to affordable housing, free from discrimination. So why is home ownership so important? The following research from multiple sources speak clearly to the importance of home ownership in America:
While it’s true that home ownership will not solve every problem, we are proud to do our part to help families across America realize their dream of becoming homeowners.
Housing GRANTS and down payment assistance is currently available for teachers, school employees, nurses and healthcare workers, law enforcement, firefighters, government employees and military families. For a complete list of available programs you may visit www.teachernextdoor.us/Home.Buying.Programs.APPLY NOW
Research contributed by Garrett Helminski.
"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 HERETeacher 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 HEREAPPLY NOWTo read more Teacher Next Door Reviews CLICK HERE.
Congratulations Amy and Justin of sunny St. Pete, FL! We are so excited for you! Enjoy your first Christmas in your new
home! Special thanks to Teacher Next Door Realtor Cheri
Aumond-McLean and Teacher Next Door Loan Officer Sheff Brisbin for your excellent
service! For info on GRANTS, down payment assistance and other programs in your area visit www.teachernextdoor.us.
Teacher Next Door's First Time Home Buyers Program allows buyers the unique opportunity to combine GRANTS and down payment assistance with the other programs we have available, including Fannie Mae's HomeReady, Freddie Mac's HomePossible and HomeOne programs. Down payment assistance programs may include state specific programs such as Arizona Home in Five, Georgia Dream, Florida First and others or may include national programs such as Chenoa and Unison, depending on which has the greater benefit. To be eligible, you must be a teacher or school employee, nurse or healthcare worker, law enforcement, firefighter or government employees. For more information CLICK HERE.
Teachers - First Time Home Buyers ProgramNurses - First Time Home Buyers ProgramLaw Enforcement - First Time Home Buyers ProgramFirefighter / EMT - First Time Home Buyers ProgramGovernment Employees - First Time Home Buyers ProgramAPPLY NOW
1. Half Price Homes (50% off value) - Only HUD’s Good Neighbor Next Door program offers homes at 50% of the current appraised value. If there is a Good Neighbor Next Door home available in your work area, and you meet the other eligibility requirements, you may be able to purchase the home for only $100.00 down, using an FHA loan and you may use the Teacher Next Door GRANT to help pay all or part of your closing cost. 2. Housing Grants - Teacher Next Door is the National Home Buying Program that offers participants the opportunity to receive GRANTS and other home buying benefits. Good Neighbor Next Door is not a grant program and HUD does not offer grants for single family home buyers. 3. Down Payment Assistance - Teacher Next Door has down payment assistance programs available on any home purchase, in all 50 states. These programs include, Home in Five Advantage, Home Plus, Georgia Dream, Golden State Platinum, Florida First, Military Heroes, First Home, Chenoa and Unison, just to name a few. Your Teacher Next Door representative is trained in all the various programs and will explain your eligibility. Programs are each structured differently and eligibility varies by city and state. Good Neighbor Next Door offers no down payment assistance, outside of the $100.00 down plan on the Good Neighbor homes. 4. Eligibility - The Good Neighbor Next Door program requires that all buyers have one of four very specific job titles: Law Enforcement Officer (with arrest powers), Classroom Teacher (Pre-K through 12th grade), Firefighter or Emergency Medical Technician. (EMT) The Teacher Next Door Program, on the other hand, is much more inclusive. Teacher Next Door provides GRANTS, down payment assistance and other benefits to all teachers, law enforcement, firefighters and EMT’s, but also includes all their support staff. In addition, Teacher Next Door extends these benefits to Nurses, other medical professionals, government employees and Military personnel. If you are an eligible public service professional, you may use Teacher Next Door benefits to purchase any home on the market, not just Good Neighbor homes or other HUD homes. For a complete list of eligible professions, CLICK HERE.5. Location – Good Neighbor Next Door homes are all HUD owned and located in revitalization areas, chosen by HUD. To bid on a Good Neighbor home, you must work in the same area where the home is located.Since Teacher Next Door is a national home buying program and not operated by HUD, you may purchase any home on the market and are not required to work in the same area as the home. 6. Availability – Good Neighbor Next Door homes are extremely limited in their availability, as you might imagine, being half price. In some states, there are urban areas with several Good Neighbor homes available. Whereas, many other states may have zero Good Neighbor homes at any given time. When you bid on a Good Neighbor home, it is a lottery style bid. So, if there are 20 bidders, you will have a 1 in 20 chance of having the winning bid. With Teacher Next Door, there are usually plenty of homes available, because you may choose any home, in any neighborhood. 7. Residency Commitment - If you are the winning bidder on a Good Neighbor Next Door home, HUD requires a three-year residency commitment. Teacher Next Door does not have any limitations when it comes to residency.
This week, Teacher Next Door, the nation’s largest home buying program for teachers, held a three-day, down payment assistance summit in Tempe, Arizona, aimed at increasing the amount of assistance provided to teachers.
“Our focus this week was expanding our national matrix to be more inclusive and offer larger assistance amounts and benefit more program participants,” said Steve Parks, Teacher Next Door National Director. “We now have over 30 different down payment assistance programs nationwide, that can be used in conjunction with our closing cost grant.”
Teacher Next Door already helps teachers in all 50 states navigate the home buying process, provides closing cost grants and arranges down payment assistance for qualified applicants. Now, by increasing the number of programs they utilize and dialing in the specific requirement of each plan, they have no less than three potential down payment assistance sources for any area. The down payment assistance programs include Georgia Dream, Home in Five Advantage, Home Plus, Chenoa and Unison, just to name a few.
“Despite rising home prices, I feel teachers and other service professionals should be able to live wherever they want, not just in certain neighborhoods. Between our grants and the down payment assistance programs we utilize, teachers and their families enjoy far more buying power when they go to choose their next home,” Parks continued. Through the Teacher Next Door program, you may purchase any home on the market.
This is not the first time Teacher Next Door has demonstrated their desire to help and strengthen communities. In 2015 the program was expanded to include law enforcement officers, firefighters, EMT’s and nurses.
To check grant availability, visit the official website www.teachernextdoor.us/grant