Welcome to Your First-Time Homebuyer Resource Hub

Buying your first home is an exciting milestone, but the process can also feel overwhelming. Whether you're just starting to explore your options or you're ready to make an offer, we’re here to help. This page offers essential resources and programs designed to guide you through every step of the homebuying journey. From understanding mortgage options to securing down payment assistance, we’ve compiled the tools and information you need to make informed decisions and achieve your dream of homeownership. Explore our resources below and take the first step toward owning your home!

The Long Island Housing Partnership (LIHP)

The Long Island Housing Partnership (LIHP) helps first-time homebuyers navigate the homebuying process with a range of resources. These include free homebuyer education workshops, down payment assistance programs, and personalized counseling to help with budgeting, credit improvement, and mortgage options. LIHP also connects buyers with affordable housing opportunities and special mortgage programs for those who qualify. Their services aim to make homeownership more accessible and provide support at every step of the way.

How to Access These Resources

To take advantage of these resources, first-time homebuyers can:

• Attend a homebuyer education class or workshop offered by LIHP.
• Meet with an LIHP counselor to review their financial situation and eligibility for down payment assistance or mortgage programs.
• Visit the LIHP website or contact them directly for information on available programs and to see if they qualify for any specific assistance.

HUD Programs for First-Time Homebuyers

The U.S. Department of Housing and Urban Development (HUD), a federal agency established to improve housing standards and promote fair and affordable housing opportunities for all Americans, offers several programs to assist first-time homebuyers:

About Down Payment Resource

Down Payment Resource (DPR) creates opportunity for homebuyers, real estate agents, and lenders by uncovering programs that can help with the number one obstacle to homeownership - the down payment. Its unique, innovative technology is the first of its kind to assemble a comprehensive, nationwide database of homebuyer assistance programs and automate the process of matching eligible buyers and properties to these programs.

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Find Down Payment Help

The good news is that you don’t need 20% down to buy a home. Over 2,000 homebuyer assistance programs are available across the country, but most people don’t know where to find them or that they even exist.

Here’s how to find down payment assistance as you search for your new home:

1. Click the Down Payment Resource icon on eligible property listings provided by OneKey® MLS to access information about specific programs available.
   
2. Enter your household information. Details such as military service and your occupation can potentially match you to more opportunities.
3. Review your results to see how many programs and how much in down payment help may be available to you, then contact your a REALTOR® to take the next step toward homeownership.

Down Payment Resource links

Webinars on Down Payment Resources