Look No further! Stop by my site to see all the Down Payment Assistance Programs that may be available in your area today. Some of these programs are not just for First Time Home Buyers, but buyers who may have incomes as high as $80,000 or more. There are down payment assistance programs for first timers, and professionals like, nurses, educators, firefighters, police officers, and military members.
Many of these programs are funded by local, state, or national funds, but many buyers are not aware of how to find them or how to apply for them. One such program is offered by The Texas State Affordable Housing Corporation. (TSAHC) is a 501(c)(3) nonprofit organization created at the direction of the Texas Legislature to create affordable housing in Texas. They provide fixed-rate mortgage financing, down payment assistance grants and mortgage credit certificates for teachers, police officers, corrections officers, firefighters, EMS personnel, veterans and low and moderate-income home buyers. These programs are open to first-time home buyers, as well as repeat home buyers and existing homeowners.
The loans and home down payment assistance programs are available through a network of lenders across the state and all of them provide the following benefits:
A 30-year fixed interest rate mortgage loan:
- Down payment assistance that does not need to be repaid
- No upfront points or fees taken out of down payment assistance
- You do not need to be a first-time home buyer
- You do not need to live in the home for any set period of time
- Can be used to purchase a home or refinance an existing loan
- First-time buyers can also use TSAHC's Mortgage Credit Certificate Program.
To see if you qualify, go to my site at Down Payment Assistance Programs.
Locally, San Antonio also has a Homeownership Incentive Program(HIP), which assists eligible buyers, who want to purchase new or existing homes within the city limits with loans or grants up to $12,000 to help with down payments assistance or closing costs. There are eligibility requirements and classes to attend too.
I recently joined the Expert Advisor Referral Network and became a Certified Home Buyer Advisor. I has been through extensive training, and I am well versed on the process of helping home buyers take full advantage of the thousands of funding sources available. A Certified Home Buying Advisor can change the way people buy a home, and help make the dream of home ownership a reality.
Don’t let the lack of down payment or closing costs funds stop you from pursuing the home of your choice. In today’s competitive markets, buyers need to be prepared. For more information, contact your local home buying advisor in San Antonio and the surrounding areas. Visit my website for Affordable Homes For Sale in San Antonio. Call or text to 210-789-4216.