If you have a credit score of 620+ and a first time home buyer seeking to buy a home in Greater Houston, we can help you get you get into a home with ZERO DOWN PAYMENT HOME BUYER ASSISTANCE PROGRAMS. We specialized in Houston Home Buyer Grant Programs to HELP YOU GET INTO A HOME WITH NO DOWN PAYMENT .
First time Home buyer in Houston is usually done through commercial real estate loans, the very first time home buyer and Texas Houston helps home-ownership, to ensure our final objective is to create lasting relationships with your customers so that we can provide excellent service for several decades.
Housing Programs. Started in 1975, the goal of the Houston Area Urban League Housing Department is to provide safe, decent, and affordable housing to low-income families in the community.The plan is consistent with the five strategic goals that are implicit in the development and operation of U.S. Department of housing & Urban Development.
Texas first-time home buyer loan programs. If you haven’t owned a home as your primary residence within the past three years, you’re considered a first-time home buyer by the TDHCA. This requirement is waived if you’re an honorably discharged veteran.
Houston First Time Home Buyer Loan Programs. Houston’s Housing and community development department (hcdd) offers and services Houston’s Homebuyer Assistance Program (HAP) for eligible low to moderate income families. These funds may be used to assist an approved applicant in paying their down payment, closing costs, and principal buydown.
Grants do not come with any repayment or recapture period, nor is there a first-time homebuyer requirement. Homes for Texas Heroes Program This initiative provides teachers, police and correctional officers, fire fighters and EMS personnel, and veterans with down payment assistance between 3 and 5 percent of the loan amount and a 30-year fixed.
· The good news for Houston’s first-time homebuyers is that there are many homes on the market; however, most will not fit into the budget of a first-time buyer. But, do not despair, it is part of the process of home-ownership, a process that most commonly begins with a " starter " home that can later be used as equity when making another subsequent home purchase after a few years.
Texas Grants For First Time Home Buyers My First Texas Home ("MFTH") The My First Texas Home (mfth) program offers home loans with budget-friendly monthly payments and down payment and closing cost assistance of up to 5 percent of the mortgage loan, a welcome boost for many low income first time homebuyers. buyers can also maximize their benefits of owning a home by combining.