Government Assistance for Single Moms

A single mom’s life is full of difficulties. With numerous sufferings and challenges, it can be a lifetime of pain and struggle. However, the difficulties of life can be eased with the help of right assistance program in the sidelines. Seeking help in the time of need is very vital to take the maximum advantage. Putting some time looking for different programs is one good idea to pick the most suitable one. Local government offices can be contacted to help find out details of the program. It’s important to study the eligibility and features of different programs before applying for them.  The Federal government offers Government Help for Single Mothers in a variety of forms.

Rental Assistance for Single Mothers is specifically meant for single mothers who need help in paying their periodic rent. Mortgage loans and housing loans are also available to single moms at a low interest rate. The Government provides facility in low amount for down payment to avail the home loans.

FHA Mortgage Program

The FHA Mortgage program. is an organization that has been assisting single mothers to purchase homes since the 1930s. The FHA insures loan so lenders are able to offer more to single moms seeking for housing, including:

· Smaller Down Payments

· Lower Closing Costs

· Flexible Qualifying Guidelines

The FHA is able to help single mothers in many ways:

1. They can minimize the required down payment to as low as 3.5% of the housing purchase price.

2. Fees and closing costs can also be included within the loan.

3. The loan can be refinanced to assist single mothers with needed home repairs after they purchase the property.

They also help single mothers to purchase mobile homes, whether they’re on land or in a mobile home park. This is good news because mobile homes are usually less expensive than a traditional home prices so it increases the chance for a more affordable home.

Daycare Assistance for Single Mothers is specifically provided to help single mothers who are attending a full time job while taking care of their toddler . Many single moms who are in the middle of a divorce cannot pursue it further because of financial limitations, they can ask for Legal Help for Single Mothers.