We were looking into those when we bought our home, but they all have a stipulation that if you live in your house less than x years (average was around 5-7) then you will owe a % of what you sell your house for. Not just a repayment of the assistance they give (one program gave $20k downpayment assistance in WA state) but a % of the profit you make on the house PLUS repayment of that down payment. If you lived in the house as your primary residence longer than that 5-7 year period, then you only had to pay back the downpayment assistance once you sold your house.... it's tough because there's no way to know that you will still be in the same area/same house in 5-7 years. Something could happen... so we opted to go with an 80/20 split (2 mortgages) to get into our house and a low but adjustable (after 3 years) interest rate and re-financed this past month to get a fixed interest rate.
Just some ideas. good luck!
Just some ideas. good luck!