That includes demonstrating they can afford a mortgage or a home equity line of credit two percentage points above their.

Eligibility for Texas assistance To be considered a first-time homebuyer, residents should either be new buyers or buyers who have not owned a home in the past three years. Borrowers will need to meet income limits depending on the program to which they apply.

There are many down payment assistance programs available for “first-time” homebuyers. Do you know if you qualify for these programs?