A favorite program for eligible homebuyers — a 3.5% down payment assistance grant with no repayment required.
Want to buy a home but worried about the down payment?
One of my favorite programs for eligible homebuyers is the North Central Texas Housing Finance Corporation (NCTHFC) Down Payment Assistance Program because it offers benefits that many buyers don’t know about.
Program Highlights:
✓ 3.5% down payment assistance grant
✓ No repayment required
✓ No second lien on your home
✓ No second mortgage
✓ Rates as low as 5.85% for eligible borrowers
✓ Can be used toward your down payment, closing costs, and eligible prepaid expenses
✓ Available with eligible FHA, VA, and USDA loans through participating lenders
Eligible purchase areas include:
- Cedar Hill
- DeSoto
- Duncanville
- Lancaster
- Waxahachie
- Ellis County
- Hunt County
- Kaufman County
- Navarro County
- Rockwall County
Many people assume they need tens of thousands of dollars saved before buying a home. Depending on your situation, you may qualify for down payment assistance that helps make homeownership more affordable!
Every buyer’s situation is different, so eligibility depends on factors such as income, credit, the property, and lender guidelines. If you’re wondering whether you qualify, I’d be happy to review your options and connect you with a participating lender!
As a Texas Realtor and former educator, I love helping first-time homebuyers understand the programs available so they can make informed decisions and achieve their goal of homeownership.
Ready to see if you qualify?
Send me a message, and let’s create a plan to get you into your new home!
Interest rates, program guidelines, and availability are subject to change without notice. The advertised rate is a starting rate and is available only to qualified borrowers. Not everyone will qualify.
CONNECT WITH ME
Let’s talk about your options
Have questions about down payment assistance or ready to start your home search? Reach out — I’d love to help