Yes, there are grants and down payment assistance programs for teachers. Our program offers discounts on closing costs from local partners, with savings ranging from $750 to $5,000 or more. These discounts can be applied as credits at closing. The discounts are made possible by participating real estate agents who contribute 15% of their commissions to the home buyer. These programs can be "stacked" with programs like Down Payment Assistance.

The Homefront Initiative also provides discounts on lender fees, allowing teachers to save up to 1% of their loan amount in lender credits, which typically cover application fees, appraisal fees, and insurance, accounting for 2% to 6% of the purchase price. Mortgage lenders may offer discounts through lender credits or appraisal fee waivers in collaboration with the Homefront Initiative.

Additionally, there are further discounts available on attorney fees, which can reach up to $1,500 based on the property’s price. Teachers can receive up to $250 in attorney fee credits through the Homefront Initiative program.