How Can Elderly People Buy Homes Without a Job in Houston, TX?

I never thought this would be possible but there is a new government program in Texas that allows retired workers to buy a home even when they hold no jobs other than their Social Security checks.

Needless to say, this program is not for everybody. You still have to qualify. The basic requirements are:

  1. You have to be at least 62 y.o.,
  2. You have to put down at least 50% down payment on the house (much less if you are older than 62 y.o.), and
  3. You have to be able to pay your property taxes.

Under this program, the home buyer does not need to make any monthly payments on the property.

This is a federal program that the state of Texas has just recently adopted but very, very few people know about it because it takes a specialized lender to be able to originate it.

If you are in this situation, and you would like us to connect with this lender, we will be glad to do so. Once approved, we can help you buy the house of your dreams and, more than likely, near your grand kids!!!

If you have more questions, please do not hesitate to Email me or contact me at 832-607-0149 for more information.

If you enjoyed this post, please consider sharing it with others.

Post Category: Active Adults (Age 55+), Affordable Housing, Home Buying

Go to Jorge Chiriboga Blog Contact Jorge Chiriboga

Join the discussion

To post a comment on this blog post, you must be an HAR Account subscriber, or a member of HAR. If you are an HAR Account subscriber or a member of HAR, please click here to login. If you would like to create an HAR Account account, please click here.

Login to Comment
Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the HRIS.

Contact Jorge Chiriboga

Please limit to 500 characters.

Request Information
Click to view phone

Blog Archive

  • Archive
    •     2020
    •     2019
    •     2018
    •     2017
    •     2016
    •     2015
    •     2014
    •     2013
    •     2012
    •     2011
    •     2010