Hi, my name is Stetson Lowe, and in this clip, we're going to be talking about how to get a first time home buyer's grant. The best way that I advise my clients is to contact their local government development programs or community development programs. These can be found online, simply with a Google search for local community development first time home buyer grants or look in the government section of your White Pages. Once you've located your local community development programs, they're sometimes on a city level or a county level. Go in... Set up an appointment. Go in and fill out their application, and they will calculate your income and see if you qualify for their grant. If you do qualify, certain cities have geographic areas that they want you to buy a home in. Others say the whole city's open for a first time home buyer grant. Once you've been qualified, you then take the paperwork or the certificate to your mortgage lender who will then work that into your down payment with an FHA loan typically -- sometimes conventional. And that will account for either a portion or all of your required investment for an FHA loan or a conventional loan. Some cities do require these grants to be a silent second mortgage, which is repayable over or I'm sorry, which is forgiven over a period of five years -- 20 percent per year for five years. At the end of five years, if you've stayed in the home and met all of the qualification, that second mortgage will be forgiven and you won't be required to pay it back. Others is just a straight-up cash grant to you with no terms for repayment whatsoever.