First Time Home Buyers
3,245Does anyone know of any first time home buyer grants
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I have a couple of buyers that have been pre approved but they keep asking about first time home buyer grants, can anyone refer me a lender that offers this program? Thank you in advance.
14 answer(s)
About 1 year ago
We do offer Tsahc at the moment which currently covers up to 4% of closing costs or down payment but rates are higher than average rates when getting DPA. If you have any other questions please feel free to reach out.
Rick Carrier - 281.767.6700 - www.CarrierMortgage.com
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DislikeAbout 1 year ago
There are multiple programs available, most depend on income. There is a tool if you look on matrix on the right side gives you a number of tools including home buyer assistance link.
I have closed a couple with HAP you may want to try looking into it, maybe it can work w your client.
Hope it helps.
About 1 year ago
I have found that most lenders don't like to work with these type or programs. As they require a lot more than a traditional loan. I have worked with the GRP Group they specialize in these programs and also have a training class for agents https://www.grplending.com/. Hope this information is helpful.
About 1 year ago
Yes! There are SEVERAL down payment programs that are offered and not all mortgage companies do them all. I would reach out to Blackstone Mortgage about some of their programs. I've had several clients use them for down payment. I have left their information below! Good Luck! Nekea Mathis
Loan Originator
Blackstone Mortgage, LLC
NMLS# 976335, Broker NMLS# 1839875
2418 Richton St. Houston, TX 77098
Direct: 713.681.3703 ext. 103 | Fax: 888-204-9743
Apply Online: www.BlackstoneMortgage.com | Email: NMathis@BlackstoneMortgage.com
About 1 year ago
Try James Reyes
832-868-3891
james.reyes@snmc.com
He works with first time home buyer grants and programs.
About 1 year ago
Tessie has helped me in the past. One of her programs was very beneficial to my clients. It only applies to some specific neighborhoods. Her number is 281 825 1155
About 1 year ago
Yes, most lenders will offer these programs. Recently funds for many of these programs had dried up, but they may be starting to come back now. These programs are usually occupation, income and credit driven. Check with your lender for more information.
About 1 year ago
First time home buyers programs are also known as down payment assistance programs. They are great for people who need help with the downpayment, but it is important to understand that they usually come with a bit of an interest rate increase. Not all lenders like to work with these programs or know all there is to know about them. My TOP go to guy for these programs is Camillo Gutierrez with Supreme Lending (832) 969-2696
His application link is: https://camilogutierrez.supremelendinglo.com/
He is so helpful, super knowledgeable, willing to breakdown information for clients and give them tips on how to get where they need to be. Hopefully this helps!
If you want to learn more about these types of programs I highly recommend going through the Texas Affordable Housing Specialist Certification class offered by HAR.
About 1 year ago
Texas offers first-time homebuyer programs to help qualified individuals and families, primarily those with low- to-moderate incomes, pay for closing costs and down payments on their first home. To be eligible for these programs, you will need to meet specific requirements, including income limits, where you can buy and how long you will need to live in your home. Call Susan Dominguez at (832) 758-9696, she always help my clients with Downpayment assistance.
About 1 year ago
Yes there are many home buyer grants. Most are occupation, income and credit driven. Check with your lenders for specific details.
About 1 year ago
Tessie Rush with Cornerstone Home Lending is one of the top Loan Officers on down payments assistance . Call her
https://houseloan--c.na142.content.force.com/servlet/servlet.ImageServer?id=0154p000001ht7Q&oid=00DF00000006cIK&lastMod=1630505629000
source:
https://houseloan--c.na142.content.force.com/servlet/servlet.ImageServer?id=0154p000001ht7Q&oid=00DF00000006cIK&lastMod=1630505629000
https://houseloan--c.na142.content.force.com/servlet/servlet.ImageServer?id=0154p000001ht7Q&oid=00DF00000006cIK&lastMod=1630505629000
About 1 year ago
You can contact Princess Pulido with NRL Mortgage. She has previously helped my buyers getting grant money. She will definitely HELP you. The buyers have to be in a certain income bracket.
https://nrlmortgage.com/lo/princess-pulido
Let her know I highly recommended her.
source:
Personal contacts.
Personal contacts.
About 1 year ago
Most all lenders offer this. These programs come and go but there are always programs for first time home buyers. Pm or email me. Would be happy to share the lenders I know that offer this.
About 1 year ago
Yes, there are programs for 1st time buyers, most of them if not all are income driven. There is Homes for Heroes (Medical, First Responders, Educators, and Military) as well. Get with the Loan Officer they should have more info for them and try to get them whatever they can, it's their fiduciary responsibility as well.
Disclaimer: Answers provided are just opinions and should not be accepted as advice.
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