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Loan Programs for First Time Home Buyers
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Primary Residence Affordable Purchase Programs
A down payment assistance program that offers a 2% down payment grant can be a great opportunity for buyers looking to minimize their upfront costs and ease the path to homeownership.
Thank you for the opportunity to provide you with some information on qualifying for a mortgage loan. Lenders are offering first time home buyers affordable options to ease the up front cost to get into your dream home. I work with multiple lenders to bring you these programs and offer savings on upfront fees.
How does it work?
Based on your income, you might be eligible for a 2% down payment grant. In this scenario, you would contribute 1% of the sales price, while the lender would offer a grant covering the remaining 2%, up to a maximum of $7000.
It's important to note that this grant doesn't need to be reimbursed, and it won't be added to your loan balance, differentiating it from certain down payment assistance programs.
The first step begin by completing the online application at https://www.dosshomeloans.com/jdenegall/.
Once done, I'll establish your secure online portal for uploading necessary documents. Following that, I'll assess your income and credit report to gauge your purchasing capacity and provide you with a pre-approval letter to commence your house-hunting journey.
Program Guidelines
- Primary home only
- Minimum credit score is 620
- Maximum loan amount is is $350,000
- Income requirements do apply depending on zip code
My purpose is to assist you in finding the most suitable loan option that meets your borrowing requirements. Should you desire further details, please feel free to reach out to me. DOSS Home Loans is a broker, we work with a variety of lenders therefor I can shop for the best rates and programs, this is just one of several.
Each office is independently owned and operated. Information deemed reliable, but not guaranteed. Not intended to solicit sellers or buyers under written contract with another REALTOR®.
Jessica Denegall
Texas Mortgage Loan Officer
DOSS Pros LLC.
1300 McGowen St, Houston, TX 77004