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12
Jun

Texas Down Payment Assistance Options

The State of Texas offers several incredible programs that can help home buyers get into a new home by paying 3-5% of their down payment and closing costs, making it very reasonable to buy a home, sometimes for even less than renting! 

You may be thinking this is too good to be true and I thought the same thing when I first heard about this program but now have used this with multiple buyers and they have LOVED it! 

Here are some of the highlights! 
•    3-5% of your Down Payment and closing costs paid for you. 
•    Not just for first time home buyers.
•    You NEVER have to pay it back.
•    620 Credit Score Min.
•    Must take a few hour home buyer class online or in person. 
•    Low to moderate income quality (the lender can check to see if your income qualifies). 
•    You could sell the home 6 month or 4 years later and keep the equity from the assistance. 

This program can be used with income tax credit of up to $2000 a year and can be used with conventional loan, FHA 3.5% down loan, as well as VA and USDA 0% down programs. 

Find out more information here and I will get you in contact with a preferred lender that specializes in down payment assistance. http://downpaymentprogram.specialfinancing.org 
See if you qualify for one of the programs here in 4 easy questions: http://www.tsahc.org/homebuyers-renters/take-the-eligibility-quiz

Josiah Dalton

REALTOR®

Cell: 940-366-5650

Josiah Dalton

Agent Cell: 940-366-5650

Berkshire Hathaway HomeServices Worldwide, REALTORS®

1727 Keller Parkway
Keller, TX 76248