The Nassau County Down Payment Assistance Program will provide eligible first time homebuyers with up to $25,000 towards down payment/closing costs towards the purchase of an eligible new or existing single-family home, provided that the applicant puts a minimum down payment of at least $5,000.   The applicant must also be able to satisfy the mortgage lender’s minimum down payment requirements and be able to secure a mortgage.  Homeowners are required to reside in the home for a minimum of 10 years or HUD will require a full repayment of the grant.

 

Applications will be accepted on a first-come, first-served basis.  Please contact our UNION PLUS specialist, Christine Dawson at (516) 445-0521 or christine.b.dawson@wellsfargo.com, for more information/the application.