THE N.O.A.H. FOUNDATION - HELPING HOME BUYERS
Knowledge + Assistance = Preparedness

"For we are His workmanship, created in Christ Jesus for good works,
which God prepared beforehand, that we should walk in them" (Ephesians 2:10)

The N.O.A.H. FOUNDATION, INC., ("N.O.A.H.") was formed with the mission of maximizing housing affordability to "first time" and "next time" home buyers by illuminating the best kept secrets in affordable housing in existence today! The dream of owning a home is a dream that far too many potential home owners see as an unobtainable reality. N.O.A.H.'s vision is to make that dream of home ownership a reality by preparing the home buyer with the knowledge and assistance needed to maximize affordability and enhance his/her real estate investment and equity value.

To accomplish our mission N.O.A.H. must do what other Non-Profit down payment assistance programs, State and local government down payment assistance programs are unable to do or, worse yet, unwilling to do! Simply put, "We Show You the Money, All the Money!". Then we work with you, your Realtor, your Seller, your Lender, your State and local government officials to ensure you receive these funds!

There are numerous other Non-Profit organizations to be found on the internet that expound their "Down Payment Assistance/Gift Programs". However, they all incorporate the same methodology of "gifting" you money, based on, and provided your Seller "participates" in their program. The Seller's participation requires he/she give back to the Non-Profit an amount equal to the gift funds that the Non-Profit gave to you, plus a "service fee" (generally equal to 1% of the purchase price). This "seller participation" money comes out of the Seller's net proceeds at the closing of the property sale to you. Therefore, the reality is that you (the home buyer) are financing into the purchase price your own down payment assistance funds! These Non-Profits claim that these are "true gift funds", that there is "no repayment" required of these "true gift funds". In reality you (the home buyer) are paying interest (based on a 30 year amortization) on these "gift funded amounts", which are included in your mortgage loan until they are paid off!

Although these Non-Profit "seller participation" assistance programs do work by helping the home buyer get into the home with little or no money out-of-pocket, in the majority of cases, they fall short when it comes to being the best available option for the home buyer. These "seller participation" Non-profits fail to mention or comprehensively offer for your consideration any other existing down payment assistance program opportunities. The reality is that there are other programs better suited and exceedingly more beneficial to the particular needs of the majority of home buyers in terms of little or no money out-of-pocket. These programs maximize affordability and enhance the home buyer's real estate investment value by providing immediate real equity to the home buyer! Although these Non-Profit "seller participation" programs may accomplish a degree of success there is a distinct difference between doing a job halfway and doing a job the right way. . .the way you would want it done for yourself or a family member! N.O.A.H. adopts you throughout your home buying journey and treats you like one of our own in our growing family of successful home buyers!

PROGRAM TYPES OFFERED THROUGH N.O.A.H.:

DOWN PAYMENT ASSISTANCE

GRANT FUNDS

BELOW MARKET INTEREST RATE OFFERINGS

The N.O.A.H. FOUNDATION educates and helps "first-time" and "next-time" repeat home buyers access the following program types:
1. State and local government "Down Payment and Closing Cost Assistance Programs".
2. State and local government "Grant Funds Programs".
3. State and local government "Below Market Interest Rate Programs".
4. As allowed, combinations of all of the above to maximize affordability to the home buyer!
5. NOAH's Florida New Construction "Down Payment Assistance" Program.

"The precious possession of a man is diligence" (Proverbs 12:27)