Down Payment Assistance program for Texas, 100% financing possible
By Angie Murphy, Professional with a Personal Touch
(Coldwell Banker)
Have you been thinking of the American Dream of owning a home but don"t have enough for down payment or closing cost ? Well this program may be for you . The 5 STAR TEXAS ADVANTAGE PROGRAM provides eligible homebuyers several options for a loan program that meets their needs. This program provides down payment and closing cost assistance in the form of a grant. The maximum amount of assistance provided is 5% of the loan amount. There is no repayment expected for this Grant. For homebuyers, this reduces their out of pocket expense and makes home ownership obtainable. Grant funds can be used to meet the buyer’s required investment. Loan terms for both options are fixed 30 year rates. If the seller is willing to pay some closing cost in conjunction with the 5% grant then you will hav...
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