School, Medical emergencies, or just the simple requirements of daily life make it impossible for some families to save that all important down payment. That is where Family Home Providers, Inc. comes in.

Since its creation, Family Home Providers, Inc. has placed thousands of deserving families into their own homes.

Family Home Providers, Inc., makes this process as easy as possible, while protecting both the FHA loan insurance fund and the buyer. It's a great program that is making a difference in the lives of families.

Family Home Providers, Inc., is a non-profit, 501(c)3 affordable housing company. We are allowed under the guidelines of the Federal Housing Administration to gift the down payment funds to anyone qualifying for an FHA loan.

Our program opens up the opportunity for homeownership to many families who, today, see a financial padlock on the door to homeownership.

Under the program, Family Home Providers, Inc. gifts 3%, or more, of the final contract sales price of the home to the buyer as a down payment and wires these funds to the closing agent 24 hours prior to closing. The buyer or the lender may then fund the homeowner's insurance policy and set up the escrow account. The seller or lender may fund the closing costs. This means that a family can move into a new home, resale home, condo, or town home, usually for less than $1000.00. There are no reserve requirements other than the regular FHA guidelines. This opens up the opportunity of homeownership to many families that could otherwise never purchase a home. The program's few and simple requirements are quick and easy. For our service, the seller/builder must pay Family Home Providers a processing fee of (see current fees) or 1% of the of the final sales contract price whichever is less, plus the gift given as the down payment this will be the total Service Fee, for resale homes. A processing fee of (see current fees) or 1% of the sales contract price whichever is less plus the gift given as the down payment this will be the total Service Fee, this is for new construction only. The closing agent must wire this service fee to Family Home Providers, Inc. immediately after the closing.

With help from Family Home Provider's Down Payment Gift Program, real estate agents, and lenders, families previously blocked from homeownership can now purchase their piece of the American dream.

As an agent or mortgage broker, this program allows you to earn more income, while greatly helping deserving families realize the American Dream.

Family Home Providers has made the process simple for the agent, lender, seller, and buyer. And, when all the requirements are met, we can wire, within minutes, our down payment gift to the closing agents trust account. All gift funds must be wired prior to closing.

Our goal is to put worthy families into homes, while delivering excellent service to everyone involved.

• Family Home Providers, Inc. is a non-profit, 501(c)3, affordable housing company. It works hand-in-hand with lenders and real estate agents to further the National Home Ownership Strategy of achieving a record level of American homeownership.



• The Family Home Provider Program is helping America reach this goal by enabling working families and individuals to buy homes with little or no down payment.



• The Family Home Provider Program helps families, regardless of income; attain the American dream of homeownership. This program is designed for a wide variety of families, including first time buyers. Family Home Providers, Inc. is an equal housing opportunity organization.



• The Family Home Provider Program is designed to reach underserved borrowers and communities.



• The Family Home Provider Program urges revitalization of neighborhoods of single-family homes, and promotes home ownership, not only in rural areas, but also in the inner city.



• The Family Home Provider Program is helping individuals and families with good credit, steady employment, but little or no upfront money to purchase a home.



• The Family Home Provider Program is designed to lower the homeownership gap between whites and minorities resulting from past discrimination.



• The Family Home Provider Program makes homeownership a reality by gifting the down payment funds to the buyer with no expectation of repayment in money or services?EVER !!!!



• The Family Home Provider Program realizes that education and counseling are important to successful home ownership. We suggest (not required) that every homebuyer receive a specific number of hours of homeowner's education at the discretion of the lender.



• The Family Home Provider Program suggests (not required) that every seller furnish a buyer with a one-year warranty when purchasing a resale home. This warranty should cover everything in the house except for the structure itself. This warranty should (not required) be at no cost to the buyer. In the case of a new home, the builder should furnish the buyer with a 1-year warranty on the house and/or a 2/10-year builder's warranty.