Admin

TDHCA Cuts Bond 77 down payment assistance 20% in Montgomery County

By
Mortgage and Lending NMLS #209419

 

 

 

Authorized Mortgage Banker for Bond 77

As of March 1st, 2011 TDHCA bond 77 will cut down payment assistance by 20% to home buyers costing buyers thousands more.

Bond 77 allotment 9 funds are now exhausted.  In an effort to lengthen the amount of time that Bond 77 Down Payment assistance is available TDHCA has slashed the amount of down payment assistance available to each buyer.

What does this mean?  The average buyer may have come up with $1,000 to more than $2,500 more to purchase a home using bond 77.

The rate for the new allotment #10 is now 5.35% to take advantage of this program before further cuts you need to fill out our online application here as soon as possible before funds are exhausted.  As mentioned on my original post the program will not be re-funded once funds are exhausted.

If you are already working with another lender you will need to contact them to obtain the assistance.  If they cannot do bond 77 we will be happy to assist you to qualify using our online application here.

Here are the details for TDHCA Bond 77 Lot 10 or allotment #10

Additional program details and qualifications here.

We offer the TDHCA Bond 77 program as an excellent way for a First Time Home Buyers to purchase a home in Texas  to qualify for these programs you may Apply Online here or simply call 936-228-1944 to speak to a Mortgage Banker.   Don't Forget our Home Buyer University Classes will better prepare you for these special First Time home buyer down payment assistance programs.

If you have specific questions about Income Caps, Purchase price limits or other details of the program Call our office at 936-228-1944 and speak to a Mortgage Banker.  If you are currently working with another lender on your Bond 77 loan please contact your lender directly or TDHCA Directly.

Sincerely,

Henry Daniels - Sr. Mortgage Banker & CMPSI Certified Mortgage Coach
936-228-1944

Originally Posted here

certified mortgage coach

Call Texas Vet Loan Expert

  Copyright secured by Digiprove © 2011

Comments(0)