There are many different types of real estate grants that an individual, investor, or family can apply for. Real estate grants provide free money that does not have to be paid back and can be provided to help buy land or a new home, reduce your mortgage, or invest in property. Grant funds provided through these programs can even help with a down payment on a new home.

The availability of these funds varies depending on where you currently live or if you are interested in purchasing property. Real estate grants are usually provided by state or local government agencies, but from time to time the federal government supports programs to help families across the country.

Due to the different types of housing grants that are available through so many different agencies, the qualification requirements to obtain these funds differ. However, there is some consistency that anyone over the age of 18 can apply for the grant money, and typically no credit check, down payment, or guarantee is needed. In many cases there is also no income verification. That’s because cash awarded through a real estate grant never has to be paid back.

In addition to the grant funds provided by the government to help with the purchase of real estate, there are also private foundations that offer home improvement grants and mortgage assistance. By searching an up-to-date grant database, individuals can quickly find a list of all available grant funds for which they may qualify. This will include grants to pay off debt, money to start a business, and financial aid available to those who want to go back to school, just to name a few.