Down Payment Resource’s data allowed NerdWallet to assess the availability of homeownership assistance programs, which can help cash-short first-time home buyers. Indiana and Texas dominate the list.
There are many first-time homebuyer grants and programs that will help you secure the financing you need to purchase your first home. federal housing administration (fha) loans FHA loans are a good option for first-time homebuyers with poor credit or anyone who doesn’t have 20% to put toward a down payment.
The Texas Department of Housing and Community Affairs (TDHCA) handles not only the My First texas home program, but all of the state’s first-time home buyer offers. This program is a 30-year fixed-rate loan with relatively easy-to-meet credit stipulations, along with decent interest rates .
Credit Score For Down Payment Assistance Buyer Assistance Programs Launch FCU is proud to offer a home loan assistance program to help those in our local community become homeowners. This exclusive home loan program from launch federal credit Union is open to first time home buyers, first responders, educators, health care workers, and Veterans.