Good Neighbor Next Door

The Good Neighbor Next Door Program (GNND) strengthens America’s communities by encouraging Teachers, Law Enforcement Officers, Firefighters and Emergency Medical Technicians to purchase homes in the same neighborhoods they serve.

Highlights & Terms

  • Eligible borrowers receive a 50% discount off the HUD appraised home value
  • Finance with an FHA loan and purchase with a minimum down payment of $100
  • FHA-insured mortgage may finance all closing costs and acquisition expenses
  • Renovations and home repairs may be included with your mortgage with an FHA 203k loan

Guidelines & Consideration

  • Must be primary residence: single-unit home, townhouse, or condominium
  • Buyers must occupy their home a for a minimum of 36 months
  • After 36 months, a buyer can sell the home, retain the home as a second home, or rent the home as an investment property

READY TO GET STARTED?

Fill out the form below and I will contact you about this program and other options available for first time buyers.

NOTE: First Home Mortgage Corporation does not share or sell your personal information with outside companies for promotional use.

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