Down Payment Assistance Options For First-Time Homebuyers
At Texas Lending Partners, we're here to shed light on two common misconceptions for first-time homebuyers:
A 20% down payment isn't a must. You can own a home without it.
Numerous down payment assistance programs are available to help you.
What's Down Payment Assistance?
It's a financial leg-up for your home's initial down payment, coming as grants, loans, or gifts, offered by various agencies and organizations to make homeownership attainable. They can also cover closing costs, with programs tailored to fit different needs—whether it's based on income, location, or profession.
Unlocking Homeownership
Discover national and local programs that can turn your dream home into a reality. From grants that don't require repayment to forgivable loans, there’s an array of options. Our experts at Texas Lending Partners can guide you to the perfect one for you.
Popular Programs
Chenoa, Within Reach, Lakeview National, 1 Percent, Fannie Mae HomeReady, and Freddie Mac Home Possible are just a few programs offering a financial boost, with benefits like low down payments and flexible underwriting.
Why Consult a Mortgage Lender?
Every program has its criteria and benefits. That's why it's crucial to partner with a knowledgeable lender to navigate these options effectively. At Texas Lending Partners, we align these programs with your priorities, ensuring you find the most advantageous path to homeownership.
Take Your Next Step with Confidence
As a first-time buyer, tap into these resources and take a significant step toward affordable homeownership. Texas Lending Partners is ready to guide you through this exciting journey. Reach out and let’s make your dream home a financial fit.
