VincentL2
Expert Alumni

Get your taxes done using TurboTax

This program is referred to as a  “mortgage grant” because there are no payments to be made, there is no interest charge, and there’s no expectation that you will have to repay ANY of the money you receive for down payment, unless you move out of the property or refinance prior to the dates assigned by your specific program.

 

So check with the program for further details on specific requirements to avoid any repayment.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"