How To Get Free Money To Buy A House Apr 2026

: Many states offer true grants for first-time buyers that range from a few thousand dollars to 5% of the purchase price . These do not require repayment if you follow the program's residency rules.

: You must live in the house as your main home for a specific number of years to avoid having to pay the money back. Where to Find Programs Near You Down Payment Resource: Down Payment Assistance how to get free money to buy a house

Most assistance programs are managed by state housing finance agencies (HFAs), local governments, or private lenders. : Many states offer true grants for first-time

: Major banks offer proprietary grants for closing costs or down payments. For example, Bank of America offers grants up to $10,000 , and Chase provides up to $5,000 in eligible locations. Eligibility and Requirements Where to Find Programs Near You Down Payment