Interested in purchasing a home, but you do not have funds for a down payment? No problem!!! The Down Payment Assistance Program (DPA) covers the down payment in a deferred 0% interest loan for eligible first-time homebuyers to assist with purchasing a home located within the Austin City Limits. What does DPA cover? - Down payment and closing cost, and pre-paid expenses associated with buying a home - Dollar amount is based on financial need - Homebuyers may qualify for up to $40,000 in assistance - Standard DPA: Up to $10,000 in a deferred, forgivable, 0% interest loan - Shared Equity DPA: Up to $40,000 in a deferred,forgivable, 0% interest loan Am I eligible? - I have not owned a home in the last three years, have been displaced, am divorced - I am buying a single-family home, condo, or townhome in the Austin City Limits - I have completed HousingSmarts - I can be approved for a mortgage loan from a participating lender - My household income is 80% or less than the Austin area median family income (MFI) Call us to learn how to get started. The Home of EVERYTHING Real Estate Expect Excellence, Experience, & Efficiency BUY ~ SELL ~ LEASE Austin (512)807-9292 Dallas (972)750-6864 Houston (281)829-8982 E-Infinity Realty Twitter: twitter/einfinityrealty LinkedIn: linkedin/company/e-infinity-realty Website: einfinityrealty #einfinityrealty #homesales #realestate #austin #texas #newhomes #apartmentlocating #houston #dallas #sanantonio #downpaymentassistance
Posted on: Sun, 23 Nov 2014 18:15:53 +0000