Down Payment Assistance/ USDA Income limts

[Anonymous]

Hi All!

There are so many programs out there to help first time home buyers, which is great!!

Unfortunately it seems the income ceiling for the programs is about $77,000 for Ohio and my husband exceeds that amount.

Should I be looking elsewhere for assistance other than USDA, Neighborhood stabilization Programs and Ohio Downpayment assistance?  

We pay SOO much in taxes that I would hope we could at least benefit from SOMETHING.

Thanks!

[StartingOver10]

Down payment assistance type programs are usually limited to those with lower incomes.  Normally the income calculations are based on total HH income and total HH occupants: more occupants mean you can have a higher income.  However, the income limits are not at all flexible - not one dollar more than what the program allows.

If you have researched all the programs for your area (City/County/State) and you don't meet the income requirements, then you will need to find a way to get a down payment.  FHA allows 100% gift funds for example.