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Unlock Homeownership: How to Buy a Home with No Money Down with the Welcome Home Program!

If you’ve dreamed of owning a home but are daunted by down payments and closing costs, the Welcome Home Program may be the beacon of hope you’ve been searching for. This remarkable initiative offers a unique opportunity for potential homebuyers to turn their homeownership dreams into reality, and it’s especially beneficial for honorably discharged veterans or active-duty military personnel.

What is the Welcome Home Program?

The Welcome Home Program is designed to make homeownership more accessible to a wider range of people. It offers a forgivable grant of up to $20,000 that buyers can use towards their down payment or closing costs, making the initial financial burden of purchasing a home significantly lighter. For those who have served our country with honor—veterans and active-duty military personnel—the program takes a step further by increasing the grant to $25,000 as a gesture of gratitude for their service.

Key Features and Benefits

Launch Date: The program kicks off on March 1st, signaling the perfect time to take the first steps towards buying a home.

Limited Availability: It’s important to act swiftly, as banks have a limited amount of grants to award. This means the early bird truly gets the worm in securing these funds.

Income Limits: To ensure the program benefits those who need it most, it comes with income caps of $95,808 for 1-2 person households and $111,776 for households of 3 or more persons.

Compatibility with Other Incentives: One of the most attractive features of the Welcome Home Program is that the grant does not conflict with any lender or seller incentive restrictions. This includes up to 6% of the loan amount for FHA loans, 4% for VA loans, and 3% for conventional loans.

Forgivable After Five Years: To promote long-term homeownership, the grant becomes fully forgivable after the recipient remains in the home for at least five years.

How to Learn More

The Welcome Home Program is more than just financial aid; it’s a stepping stone to achieving your homeownership goals without the overwhelming financial strain. If you’re interested in learning more about how you can benefit from this incredible opportunity, our realtor partners at SimpliHOM -The Results Team are ready to guide you through the process. Reach out to them at 615-890-7053 to explore your options and take the first step towards owning your dream home.


Remember, with limited grants available, the time to act is now. Don’t let this opportunity pass you by—unlock the door to your future home with the Welcome Home Program.

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