Major banks offer proprietary grants to attract borrowers.
You must live in the home; you cannot use grants for investment properties or second homes.
While each program differs, most require you to meet these standards: how to get a free grant to buy a house
Most "free" funds are structured as true grants (no repayment) or forgivable loans (repayment waived after living in the home for a set period).
The National Homebuyers Fund (NHF) provides grants up to 5% of the mortgage amount and often does not require you to be a first-time buyer. 2. General Eligibility Requirements Major banks offer proprietary grants to attract borrowers
: Their America’s Home Grant provides up to $7,500 in closing cost credits, and their Down Payment Grant offers up to $10,000 in select markets.
Many grants require you to complete a HUD-approved education course. 3. How to Find and Apply Grants for First-Time Home Buyers | 2026 Guide The National Homebuyers Fund (NHF) provides grants up
These are the most common sources. For example, the Texas State Affordable Housing Corporation offers grants up to 5% of the loan amount, while New York's HomeFirst program can provide up to $100,000 for buyers in NYC.