Down Payment assistance program by Todd McDougall provides assistance for homebuyers. Contact for home down payment assistance programs and mortgage loans, including first time home buyer grants for Texas families.
Features: -
– Available thru TSAHC (Texas State Affordable Housing Corporation)
– You can choose to use a 3%, 4%, or 5% grant for your home. The rate increases slightly the higher the grant you take.
– There are no debts to income requirements now. If we can get a automated approval with Fannie or Freddie you are eligible with the program.
-You will need a 620 credit score or higher to be eligible for the program.
-You can take advantage of the MCC program and 3-5% grant at the same time
-This is a true grant so you don’t have to pay it back when you sell or refinance.
-This program is only eligible for your primary residence.
Address
4501 Spicewood Springs, #1050 Austin, TX 78759 Austin, Texas 78759