FAQ

Frequently Asked Questions

The Give Back Grant program is designed to increase the amount of homes owned by public service professionals.
Your Give Back Grant agent will help you in finding the best home for you and obtain the lowest price they possibly can.
Our team will take care of the purchase, helping you obtain finance and help you all the way to settlement.

No, grants provided through the Give Back Grant do not ever have to be repaid.

Qualifying GiveBackGrant Recipients: Firefighters, Law Enforcement, Military (Active, Reserve, & Veterans), Healthcare Professionals, EMS, Teachers, and Volunteers in the Community.

No, you are able purchase any home, in any neighborhood, as long as it meets the guidelines of the loan you approved for.

No, applying for the Give Back Grant is always free.

No, there is no fee involved in using the Give Back Grant program. Applicants can also save additional money through the discounts we are able to provide on closing fees, home inspections and other such services.

No, except for one or two of the government down payment assistance programs that require a commitment to remain in the home for a certain number of years. More information pertaining to that can be provided by your loan officer.

No, except for one or two of the government down payment assistance programs that require a commitment to remain in the home for a certain number of years. More information pertaining to that can be provided by your loan officer.

The Give Back Grant will never pull your credit as an applicant, nor access any personal financial information

No, the Give Back Grant refers you to preferred lenders and as such we do not obtain, store or access your personal financial information. In addition, we do not receive compensation from any mortgage loan transactions.

Yes. But restrictions may apply for some of the zero down programs you may choose. Your loan officer can explain these options.

Yes. You can always put money down if you would like. Putting 20% or more down, will typically help avoid PMI and could help qualify for a lower interest rate.

Your income must be enough to cover the payment. Some down payment assistance programs might have a maximum income you are allowed to earn in order to qualify for the assistance program.

Our preferred lenders will provide you with a very competitive rate based on your individual loan application and program. It will be altered by the federal underwriting guidelines based on risk factors, and compensating factors.
Yes. Since our agent partners have agreed in contributing discounts, you must use a Give Back Grant Agent to represent you, in order to receive the full benefits of the program.

Please have your agent contact us at partners@givebackgrant.org to become a Give Back Grant partner agent.

No. If you own a home you may still take up on all The Give Back Grant programs.
Yes. The national preferred lenders we work with offer very competitive rates, as well as terms and programs for the public service professionals.
Yes. Public service professionals will receive amazing rates and terms when refinancing through our national preferred lenders.
Not a problem. Owning another home will not limit you to using the benefits that The Give Back Grant provides.

Not a Problem. Many of our preferred lenders of additional discounts and special interest rates for first time home buyers.