TDHCA Bond 77 Down Payment Assistance Rate Drops In Conroe

Mortgage and Lending NMLS #209419


Conroe Down Payment Assistance for Bond 77 Rate Drop

No April Fools Joke.  TDHCA Bond 77 Down Payment Assistance Rates lowered in Texas.

Bond 77 allotment 10 funds are now exhausted.  As noted in my previous post 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 by 20%.

What does this mean?  The average buyer will have come up with $1,000 to as much as $2,500 more to purchase a home utilizing bond 77.

The rate for the new allotment #11 is now slightly lower at and to take advantage of this program before further cuts in the program 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.

These programs are available through through Select Mortgage Banks as determined by TDHCA,  to qualify for these programs you must be able to qualify for a regular FHA Mortgage.  If you cannot qualify and be approved by a TDHCA Approved Lender you cannot receive the funds for bond 77.  To see if you qualify you may fill out our online application here to start the process or simply call (832) 303-5693.

***Interest Rate is set in “LOTS”.  Each lot is good for 90 days. Based on date of sale, borrower must be reserved or must wait for next Lot to be Released.

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 (832) 303-5693 to speak to a Mortgage Banker.   Don't Forget our you will need to take a HUD approved  Home buyer education class to take advantage of this 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 (832) 303-5693 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.

Here are the details and rates for TDHCA Bond 77 Lot 11 or allotment #11

Future Lot Details - TBD

Additional program details and qualifications here.

Henry Daniels - Sr. Mortgage Banker & CMPSI Certified Mortgage Coach
(832) 303-5693

certified mortgage coach

Call Texas Vet Loan Expert

Copyright secured by Digiprove © 2011