Does First-Time Homebuyer Program provide financing?
The Program offers only homeownership counseling and does not provide mortgage financial or closing cost assistance. The family’s counselor can advise them on the type of mortgage that is best for them and what financing options are available in their community. Tabor does offer Matched Savings Account Programs that families can use to save for the purchase of a home or for home repair. Tabor will match every dollar the family saves by $1 or $3 depending on the type of savings account. The maximum amount of dollars that can be matched is $2,000. For more information please refer to Tabor’s Matched Savings Programs.