Whether you’re a first-time homeowner or a repeat borrower, we’ll show you all of your options when it comes to down payment assistance programs, allowing you to choose the right one for you. Some of these programs won’t last forever, so don’t wait!
Get your Down Payment Assistance Mortgage Quote Today.
Buying a home for the first time can feel like a big leap, especially in Texas where home prices can be intimidating. But don’t worry—there are several programs available that can help make homeownership more accessible and affordable.
Navigating the homebuyer assistance programs may seem complicated, there are so many options, requirements, and details to consider! But don’t worry… that’s what we do all day, every day. At HappyDog, we’re here to guide you through the process and help you determine which program is the best fit for your specific situation.
Helping to bridge the gap for first-time buyers with the MyHome Assistance Program.
Provides 3.5% of the home’s purchase price as a forgivable second mortgage for down payment and closing costs. Stay in your home for 3 years without selling or refinancing, and the balance is completely forgiven.
Aside from this down payment option, there are also national loan programs that can be valuable for first-time homebuyers:
Great for buyers with lower credit scores or limited savings; they require a minimum credit score of 580 and as little as a 3.5% down payment.
Suitable for buyers in rural areas, these loans have no down payment requirement but do have geographic and income limits.
Discuss with a mortgage advisor today!
