Here are some financing programs available to buyers.
Contact me to help see if you qualify for one of these loan or assistant programs.
AHFC’s mission is to provide Alaskans access to safe, quality, affordable housing.
Since 1986, this mission has expanded from providing affordable loans to public housing programs, energy efficiency and weatherization programs, senior housing programs, professional development opportunities, and even bringing Alaska’s natural gas to our communities.
They offer Down Payment & Closing Cost Assistance as well as education of the home purchasing process through their FREE HOME CHOICE class.
The also offer Renovation Loans for homes in dire need of repair.
Cook Inlet Housing Authority (CIHA) believes that quality housing provides a solid foundation on which to further build the overall quality of life. To serve this goal, we provide rental housing, home ownership and home improvement opportunities as well as neighborhood revitalization activities and community partnerships.
Cook Inlet offers a Down Payment Assistance loan program that can assist you purchasing your new home. They also offer you assisting through their Individual Development Account (IDA) Program that has a 4 to 1 in match dollars to go towards your down payment on your new home
NeighborWorks® Alaska offers home buyer education and an array of affordable loan programs designed to assist home buyers with purchasing a home. Experienced staff assist potential new homeowners with the lending process and help determine how our loan products may best fit their needs. They offer down payment and closing cost assistance loans, first mortgages and partner with a number of local lenders. All loan programs are subject to income limits and other borrower eligibility requirements.
The Federal Housing Administration, generally known as "FHA", provides mortgage insurance on loans made by FHA-approved lenders throughout the United States and its territories. FHA insures mortgages on single family and multifamily homes including manufactured homes and hospitals. It is the largest insurer of mortgages in the world, insuring over 34 million properties since its inception in 1934.
The Section 184 Indian Home Loan Guarantee Program is a home mortgage specifically designed for American Indian and Alaska Native families, Alaska Villages, Tribes, or Tribally Designated Housing Entities. Section 184 loans can be used, both on and off native lands, for new construction, rehabilitation, purchase of an existing home, or refinance.
VA Home Loans are provided by private lenders, such as banks and mortgage companies. VA guarantees a portion of the loan, enabling the lender to provide you with more favorable terms.
USDA Rural Development Loan
The mission of USDA Rural Development’s Single Family Housing Guaranteed Loan Program is to assist low to moderate income rural homebuyers achieve their dream of homeownership!
The FHA 203k renovation loan program provides funds for both the purchase and renovation of a home packaged into one mortgage loan. Once the purchase of the home is closed, renovation funds are held in escrow to pay for pre-determined renovation work done by approved renovation contractors. Contact me for a group of lenders are qualified to process the FHA 203K Renovation Loan Program.
Find out how much home you can afford, Click below to request to get prequalified Today