This is exciting news for buyers!!! We have two great programs that we wanted to share with you!
First Time Home Buyer
*First mortgage payment not due for 3 months
*Low down payment options
*No origination or other lender fees, including no mortgage insurance
This program is valid for rural areas including Santa Fe and Alvin
*100% financing for full purchase price
*No down payment required
*No principal monthly insurance (PMI)
*Not limited to first-time home buyers
*6% seller concessions permitted for closing cost assistance
*100% gifting permitted for all closing costs
*No post-closing reserve requirements
*Income and purchase limits will apply
How would you like up to $60,000 for purchasing your next home?
A MCC allows the homebuyer to claim a federal tax credit of up to $2,000 on the interest paid in the mortgage loan per year. In addition to meeting standard underwriting requirements demonstrating credit worthiness, the borrow must:
*Be a first-time homebuyer (must not have owned a principal residence within the past three years)
*Meet income and home purchase price limits
*Complete a certified homebuyer education course
*Program is currently available anywhere in Texas
Please contact us for more information. We have active agents ready to help!!
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