Can I use Section 8 to pay my monthly mortgage payment if I buy a home?

Recently, the Section 8 program was modified to allow Section 8 to help pay mortgage payments for qualified first-time homebuyers. To qualify, you must be a first-time homebuyer, have a household income of at least $10,300, been continuously employed for one-year (except for elderly or disabled persons), attend a homeownership counseling course and meet any other restrictions imposed by the local housing authority. Local public housing authorities may choose to implement a homeownership voucher program if they wish but are not required to. To find out if the homeownership voucher is offered in your area call your local housing authority.

For additional information click here

If you have investment property and would like to rent to section 8 tenants click here for more information.

SECTION 8 SITES
www.gosection8.com - Great ource to list your Section 8 Rentals
www.socialserve.com - Another great source to list any Section 8 Rental Properties
HUD Fair Market Rent Schedule - HUD Fair market rents for every county in the US.
http://www.hud.gov/progdesc/voucher.cfm
www.hud.gov