12/06/2023
This is a GREAT news for first time home-buyers! $5000 grant up to 1% of sales price toward the deal = max $7500!
Min -3% down / primary residence – use the grant funds for down or closing costs.
Even if the buyer puts more down, they still get up to $7500 Down to 620 credit score / no rate adjustments for credit score!
No geographic limitation on where they buy in TX / / based on where they presently live instead - CALL me about this
No minimum client contribution
+$500 appraisal credit if the property needs an appraisal .
+$500 credit for first time homebuyers counseling
NO income limits!
At least one borrower must be a first-time home buyer / not all. Occupant borrowers may not own any other properties at time of closing
This is free money to your first time home buyers and we are fortunate that FNMA & Rocket Mortgage have rolled this out in our area. It’s only available in certain cities
Call me today for details
210-749-7199
Joe Garza's Real Estate Company
