If you cannot refinance it is unlikely you'll be granted the novation and it will take a lot longer to get an answer on that.

Also I know there are FHA Grants I can apply for but don't know where to look.

Talk to planning at the city about available funds they for housing projects like TIFs, CRAs, Housing vouchers, housing grants, etc. 5.

Originally posted by @Steve Hall:@Grant RothenburgerWhy would you risk your own reputation by claiming that Scott is "responsive and nice" when:You've never even spoken to Scott Smith!

Granted - these hard money guys don't play around with their rates and fees - but they'll get you more leverage and help you keep the equity requirements lower so that you can build up a strong track record and start taking down deals with your own / immediate family equity. 

How about any grants available for a second time owner occupant home buyer?

I was wondering if it would be possible to raise grant money to help me do it.

Since loans are considered securities, most states require a security exemption, which can be prohibitively expensive.At least one state, California, automatically grants licensed CA real estate brokers an exemption without requiring them to go through the expensive registration process.  

Existing permits will not transfer but some can reliably be granted within months or just post closing.

Granted that is a Business, but it was still preferable for us and the seller.Get in with low payments then as you stabilize and grow the payments do to but you aren't scrambling in the beginning making high pressured decisions.