Are there any grants for first time homebuyers that want to live in DeSoto?
Many potential homeowners don’t know there is free money available for first time homeowners, so they end up giving up before they really begin the home buying process. Being educated on these topics is key, and working with a Realtor and a Mortgage lender who’s knowledgeable on what programs are available, is extremely important.
Texas State of Affordability Housing Community (TSAHC), provides assistance of up to 5% to cover your down payment or closing cost. Also, if you are a first time homebuyer, you can receive a mortgage credit certificate, or MCC, that can save you up to $2,000 every year on your taxes.
Once you’ve found the perfect home, your lender will work with TSAHC behind the scenes to finalize loan terms and prepare your loan for closing. This means someone is about to get the keys to their forever home! Click the link below to take the eligibility quiz.
