Do you need downpayment help to purchase your home?
Are you a professional educator, employed by a school district, fire fighter, police offer or emergency medical personnel?
Then there may be a program to help you!
The Texas State Affordable Housing Programs are for Professional Educators and "Texas Heroes". They receive a 3% grant towards their closing costs and down payment.
A Professional Educator is defined as a full time Classroom Teacher, Teacher Aide, School Librarian, School Nurse or School Counselor employed by a public school district in the state of Texas; or a full time faculty member * of either an undergraduate or graduate professional nursing or allied health program in the State of Texas.
A Texas Hero is defined as being a full time, paid Firefighter, Emergency Medical Services Personnel, Peace Officer, Corrections Officer, Juvenile Corrections Officer, County Jailer, or a Public Security Officer working in the State of Texas.
The homebuyer must additionally:
- Have a household income at or below 80% of the Area Median Family Income (AMFI)
- Be a first-time homebuyer, having not had an ownership in any principal residence during the last 3 years
- Reside in the State of Texas
- Meet standard underwriting requirements which demonstrates credit worthiness
- Occupy the purchased home as their primary residence
- Complete a HUD approved homebuyer education course prior to closing on the home loan.
For more information on this program, please contact Kim Babineaux, Sr. Mortgage Consultant, at 713-369-6554 or kbabineaux@hometrust.com. If you are interested in seeing what sort of are homes for sale, please give me a call at 281-412-2022 - I would love to show you around!
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Whether you are buying or selling Real Estate in Pearland Texas it just makes sense to use a Realtor® that knows the area! I live here, work here and play here - I call Pearland Texas home! For more information regarding Pearland Texas be sure to visit my website:
- PearlandHomeTeam.com - Homes for Sale in Pearland Texas, Schools, Home Selling Tips, Buying a Home Tips, Foreclosures, Weather and Community Information.
