Homeownership is a dream many persons with disabilities never manage to fulfill since they are unlikely to work or fend for themselves. However, there are a few financing programs designed to help disabled people buy a house. Lenders, sellers and realtors are forbidden to discriminate disabled home buyers and must offer them equal rights when it comes to buying a house, although the disabled one can hardly qualify for a mortgage or develop a proper income. However, this must not deter you from searching for financing options and remaining confident in terms of application submissions. If you enlist a family member or a friend who can help you, your chances will be increased. Considering the frustrations, reams of red tape and the setbacks, this home-buying process can be a long and daunting one if you are in your first attempt of buying a house, therefore, it is of great help if you do not go through the formalities all by yourself. Here are some of the programs that can help you purchase a house of your own if you are a person with disabilities.
The Department of Housing and Urban Development
This program helps disabled and low-income persons by subsidizing the monthly mortgage or rent payments through vouchers. The first thing you need to do to get access to the program is to contact your local public housing authority and ask for the help of a housing counselor that will guide you through the process.
The Social Security Administration
The supplemental security income program from the Social Security Administration is designed to help the disabled pay their expenses, such as winter heating bills, grocery shopping or other living accommodations, in order to assure them a proper living while paying for a new home.
The Habitat for Humanity Program
Besides building homes for the disabled using volunteers, this organization provides help in down payments and mortgage payments. This association also handles the adjustment and equipment of the houses to satisfy the needs of the disabled, such as wide doorways, zero-step entries, the installation of handrails and stair lifts and other mobility-friendly features. If you opt for such a device, make sure to read some customer stair lift reviews and see if you can have a stair lift of your choice installed through this program. When reading customer stair lift reviews, make sure to consider not only the comfort features, but also the safety features, which are a lot more important. The family selection committee takes the decision of whether or not to help you, but it is not compulsory to have a family in order to apply for the program.
Get help from state agencies
Some states offer additional assistance to individuals with disabilities, featuring low-interest loans and below-market interest rates to disabled persons that are first-time homebuyers, while Alabama spares the disabled from paying ad valorem taxes.