MISSION BRANCH is a federally recognized
501(c)(3) nonprofit organization that is
committed to maximizing the
potential of all people. MISSION BRANCH-HOME Grantis a "branch" of MISSION BRANCH that is
committed to affordable housing. Referred to as HOME (Home Ownership and Mortgage
Education) We offer grants for downpayment
assistance, closing costs and rehab.
(Home Ownership and Mortgage Education) provides
information to real estate agents, mortgage brokers,
prospective homebuyers, investors, and others in the
industry. Anyone interested in forwarding affordable
housing and empowering themselves and others is welcome to
participate in our education and home grant downpayment
Our nonprofit, Home Ownership Mortgage Education (HOME)
is excited by the new opportunity to work with private
lenders in providing down-payment and rehab grants for
investors and home ownership.
Nonprofits, over the last 20 years, have assisted
thousands of home buyers with down-payment grants. Today,
those grants, combined with conventional lending, are no
longer available to home buyers due to government
limitations. The private lenders has no such limitation.
The new private lending arena is growing rapidly and has
opened up a huge need for the nonprofits to provide grants
for down-payment and rehab. These loans, many times, carry
a higher interest rate than conventional loans and provide
funds for closing when conventional lenders can not.
HOME creates the funds for these grants by buying
distressed properties from sellers and reselling to
investors and home buyers for their market value. The
difference between what HOME nets on those two
transactions, provides the funds for the grants.
How do you apply for a home grant? Who can use home grants? How does a home grant work?
All of these questions and more are answered in this
website. If you still have questions,contact us. We are more than happy to answer your questions
about home grants,
meet with you or your staff, provide educational courses,
and empower you!
NEW!Real Estate Agents can now post
their listings to our HOME - Open House Project
If you are a
Mortgage Broker or Agent and would like to participate in
our referral program please