The Cindy Cristiano Team

Team Leader

First-Time Home Buyer's Assistance Program



First-Time Home Buyer's Assistance Program | Pearland Texas Buyers

 

Are you a first-time home buyer or someone who hasn't owned a home for the past 3 years?

Great programs available for Down Payment & Closing Costs Assistance!!

 

 The Texas Department of Housing and Community Affairs (TDHCA)

Down Payment Assistance Program

Funds are limited & the program is on a first-come-first-serve basis!

 Program Details

  • Must be a first-time homebuyer (or not have owned a home in the past three years)
  • The home must be located within eligible areas*
  • Maximum purchase price is $200,160
  • Assistance available for up to $20,000 (down payment and closing cost)**
  • Buyer must obtain a loan within 30 days of qualifying for the program
  • The home must remain the principal residence of the buyer

Household gross income limits for borrowers apply:

CITY OF PEARLAND

Number in Household

1

2

3

4

5

6

7

8

Maximum Annual Income

$41,000

$47,000

$52,850

$58,700

$63,400

$68,100

$72,800

$77,500

 

CITY OF CLEVELAND, CITY OF BAYTOWN, GALVESTON COUNTY, CHAMBERS COUNTY & WALLER COUNTY 

Number in Household

1

2

3

4

5

6

7

8

Maximum Annual Income

$36,500

$41,700

$46,900

$52,100

$56,300

$60,450

$64,450

$68,800

 

Can also be used in conjunction with TDHCA BOND 77 Program

with credit scores as low as 620! 

Contact The Cindy Cristiano Team for more information!  (713) 733-8200 or Email us at Cindy@MoveWithCindy.com 

The Cindy Cristiano Team...Helping Your Dreams of Homeownership Come True!  

  

To find out if you are eligible for this program call Kim Harmon at HomeTrust Mortgage for more information & to get the Pre-Approval process started! 

Not a commitment to lend. Borrower must meet qualification criteria. *Eligible areas include: Cities of Pearland, Huntsville, Cleveland, Baytown or the Counties of Galveston (expect City of Galveston), Matagorda, Wharton, Austin, Waller & Chambers. **The assistance is in the form of a deferred loan forgiven at 20% per year over a five year period if the assistance is less than $15,000.  If the assistance is $15,000 or more, the deferred loan is forgiven at 10% per year over a ten year period.  The funds can be used for the required down payment, to set up escrow account and pay closing costs. Any excess may go towards additional down payment.