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Good Neighbor Next Door Program Mortgage Loan Program

Good Neighbor Next Door Program Mortgage Loan ProgramHere is some information about the program.The Neighbor Next Door initiatives are a collection of FHA’s home sales programs designed to help communities and promote homeownership.Help a neighborhood! Buy a home through HUD’s Good Neighbor Next Door initiative designed to encourage renewal of revitalization areas by providing law enforcement officers, firefighters, emergency medical technicians and teachers an opportunity to purchase homes in these communities. HUD provides a substantial incentive in the form of a fifty percent discount off the list price of eligible properties. Learn more about HUD’s Good Neighbor Next Door Sales program. Law enforcement officers, pre-Kindergarten through 12th grade teachers, firefighters and emergency medical technicians can contribute to community revitalization while becoming homeowners through HUD’s Good Neighbor Next Door Sales Program. HUD offers a substantial incentive in the form of a discount of 50% from the list price of the home. In return you must commit to live in the property for 36 months as your sole residence.How the Program Works Eligible Single Family homes located in revitalization areas are listed exclusively for sale through the Good Neighbor Next Door Sales program. Properties are available for purchase through the program for seven days. How to Participate in ... more

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