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First and most importantly, thank you for serving in the armed forces
of the United States of America! No matter what your job in the
military is, your service in the war on terrorism is invaluable.
You are vitally important to winning this war.
Military Housing Assistance Fund (MHAF) was created for you. Our
funds are here to assist you in owning your own home. True gifts,
that never need be paid back, are available to active duty military,
guard, and reserve personnel.
We are currently offering this program in Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Carolina, Ohio, Oklahoma, Oregon, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, and Wyoming. We expect to be in all fifty states by Spring 2008.
How can I obtain a gift from MHAF?
A military service man or woman who would like to be a homebuyer need only qualify for a mortgage loan. Unlike most gifts, Also there is no administrative fee charged for using our gift program. You will work with our approved Realtors©and mortgage lenders that are trained to help you in either of our programs. It's really that simple! Click here to begin the mortgage loan application process.
Does the down payment/closing costs gift come from either the
builder or the home seller?
No, your gift does not come from the builder or seller. Your gift
is donated from patriotic companies and individuals that want to
show their appreciation to our military.
Is there a limit to the price of the home I can purchase?
Yes. The maximum amount of the purchase price for a home is the
price level set by Federal Housing Administration (FHA) for the
area in which you are purchasing a home.
With your gift program, what are my out of pocket costs?
Your only out of pocket costs are usually limited to the earnest money that you pay when you submit your offer to purchase real estate. Our gift program helps you with all of the other costs associated with purchasing your dream home, and ours is a true gift that never needs to be repaid.
What happens to the gift if the purchase of the home does not
close?
Should the transaction not close for any reason, which would be
very unusual; all gift funds must be returned to MHAF for use by
other military home buyers.
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