Buying a home is always daunting, especially if itâ€™s for the first time. But homebuyers in Texas have plenty of places to turn for help.
The state of Texas provides a number of financial and educational resources to prospective homebuyers through various agencies.
The Texas Department of Housing and Community Affairs (TDHCA) provides a 2-hour course that guides participants through preparing for homeownership, financing a home, and purchasing a home. Visit the website.
The Texas Attorney Generalâ€™s Office provides a reference for the process and terminology involved in buying a home and common issues to know. It describes the people and documents that are involved in the homebuying process. View the guide.
The TDHCA offers home loan options for buyers in Texas that include downpayment assistance and closing cost assistance. This site has great information on homeowner assistance, all the things you will need to have prepared to purchase your home, and a Homebuyer Readiness Quiz. View the options.
There are numerous sources of help for a firstâ€“time home buyer in Texas. But a good place to start is with the Texas State Affordable Housing Corporation (TSAHC). This tool from TSAHC compares the different loan types and assistance options offered to qualified homebuyers in Texas. You can compare your loan options and see how much you can save on taxes with an MCC tax credit. View the tool.
There are lots of places to get resources when purchasing a home. From current mortgage rates (you can check current mortgage interest rates in Texas here.) to tax deductions and credits, owning a home in Texas has never been easier.
Our realtor for The Cloisters of West Tawakoni can help you find additional resources. Just give Megan a call! (682) 234-0957.