How to get started:

  1. Enroll with Home Savings Fund and establish your savings account
  2. Determine how much money you want to apply towards your down payment each month.
  3. Add that amount of money to your rent check and authorize the land lord to forward those funds to savings
  4. The funds in excess of the rental income will be forwarded to a savings account held by you with Horizon Financial Services
  5. You attend our home buyers class either live or via web at your convenience
  6. Schedule a meeting with a participating loan officer to plan out your homebuying plan, review your credit report and income requirements needed to buy your home
  7. Once you are ready work with one of our participating Realtors to find your new home

Is there a limit to how much I can put into the account?
No, there is not a limit. You can put as much money in as you’d like.

Is there a limit to how much will be matched?
Yes, there is a maximum limit of $6,950.00. To find out your approved grant amount please submit your application.  Factors for dollar amount include location of property, loan program type, and home purchase price.

Requirements to Receive the Grant:

  • The loan officer, mortgage broker/lender, realtor and title company must be approved in advance and writing by Grantor prior to an offer being made on the Property for the Grant to be available to the Grantee.
  • Can I have my own realtor?
    • They have to be an Home Savings Fund.org approved realtor. If your realtor is interested in participating, have them contact us.
  • What if I decide to not buy a home. What happens to my savings?
    • It’s your savings account. You can do with it what you want.  You will not receive matching funds however unless you purchase a home.