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1250 Capital of Texas Highway South, Building 3, Suite 400
Austin, Texas 78746
A purchase loan with government-provided down payment assistance is a beneficial path to homeownership for many potential buyers. These loans, often combined with FHA, VA, or USDA loans, provide up to 5% of additional money to help cover initial costs, making home buying more attainable. Down payment assistance programs, offered at federal, state, or local levels, can come in the form of grants, second mortgages, or tax credits. These programs often cater to first-time buyers or low-to-moderate income individuals, although specifics vary by program. While credit score and income requirements apply, these loans offer a significant advantage to those who qualify by reducing the financial burden of a down payment. Explore the potential of purchase loans with down payment assistance today, and take a step closer to your dream home. A purchase loan with government-provided down payment assistance is a beneficial path to affordable housing TX and homeownership for many potential buyers. Call today to explore the potential of purchase loans with down payment assistance, including first home grants TX and homebuyer grants TX, today, and take a step closer to your dream home.
Please understand that the majority of the programs of NO INCOME LIMITS, and generally, the loan limit goes to the FHA Loan Limit or the appraised value, whichever is lesser.
Begin the home buying journey on the right foot by securing a clear mortgage plan. Having a solid financial strategy in place will ensure that your home search is guided by practical considerations, rather than emotions alone.
All buyers are encouraged to save a minimum of 1% of the sales price for Earnest Money, as well as have enough money on hand to pay for a home inspection (ex: $495), an option period (ex: $150), and the appraisal (ex $795).
Know your budget - Pre-approval gives you an idea of what you can afford, allowing you to make informed decisions when shopping for a home.
Be a competitive buyer - Having a pre-approval letter shows sellers that you're a serious and committed buyer, making you stand out in a crowded market.
Streamline the process - The pre-approval process helps you identify any potential roadblocks early on, allowing you to address them before you find the home of your dreams.
Negotiate with confidence - Knowing that you have financing secured gives you the confidence to negotiate the best terms and price for your new home.
Top Notch Mortgage is an Equal Housing Lender. We fully comply with the Equal Credit Opportunity Act (ECOA) and all other Federal regulations. All applicants applying for credit from Top Notch Mortgage will never be discouraged on on the basis of race, color, religion, national origin, sex, military status ,marital status, age, or because you get public assistance. All information we request is voluntary, and will be kept confidential. For more information on the ECOA, please visit:
http://www.ftc.gov/bcp/conline/pubs/credit/ecoa.shtm
© Copyright 2025 | Top Notch Mortgage | All rights reserved.
© Copyright 2025 | Top Notch Mortgage | All rights reserved.