How to Get a $7500 Grant Towards Your Home Purchase

Many of us enjoy the investment matching programs offered by various employers, where for every $1 you invest in your retirement, your employer may match you with $1 or some variation.  Many capitalize on such matching programs but what if someone would match the funds you contribute to your home purchase? Here in metro Atlanta, there is such a program through the FHLBank First-time Homebuyer Program (FHP).

How To Get FREE MONEY After the Homebuyer Tax Credit Expires

With April 30, 2010 quickly approaching, if you are a first-time homebuyer, you maybe quickly trying to find a home that will allow you to get the federal tax credit of up to $8,000.  If so, you maybe able to stop stressing over the April 30th deadline.  Why?  Effective April 19, 2010, the Federal Home Loan Bank (FHLB) is offering up to $7,500 to first-time homebuyers.  This is a 5-to-1 matching program so for every dollar you use towards the purchase of a new home, the FHLB will match qualified buyers 5 times that investment, up to $7500.