As a real estate agent, you will come across a few individuals who are skeptical when it comes to buying their first home. You are there to ease their minds and get them the perfect house. The secret weapon? First-time homeowners programs. This will offer them financial help to dive into the possible new homes for sale they can buy. At NB Elite Realty, we are here to explain what the best programs are in Fort Worth, Texas. Contact us today!

 

What is a First Time Homeowner Grant?

First-time homebuyer programs throughout the country help hopeful homeowners even if they are low- to moderate-income individuals. These programs also assist Americans in securing mortgages when they don’t have the best credit scores. Some even cater to specific professions like those in law enforcement, education, and the military.

 

Our List of Programs For New Homes For Sale

Depending on what state you reside in, there are several different options you can consider when determining what program is right for you. Each offers different rates, requirements, and features. It is a safe measure for you and your clients to research in determining the best option for them. Ask our flat fee real estate brokers for more expertise.

 

This is a list of the top first-time buyer programs in Texas:

 

Program Name: My First Texas Home

Type: Purchase mortgage, 30 years fixed rate

Audience: First-time homebuyers, buyers in target areas

Feature: Up to 5% of purchase prices for down payment or closing costs as 30-year second mortgage, 0% interest, no payments.

 

Program Name: Homes for Texas Heroes

Type: Purchase mortgage – FHA. VA. USDA, or conventional 30-year fixed rate

Audience: Police, Firefighters, Teachers, Veterans

Feature: 3 to 5% of the loan amount as outright, non-repayable grant for down payment and closing costs.

 

Program Name: Home Sweet Texas Home

Type: Purchase mortgage – FHA. VA. USDA, or conventional 30-year fixed rate

Audience: First-time and repeat homebuyers

Feature: 3% to 5% of the loan amount as outright, non-repayable grant

for downpayment and closing costs

 

Program Name: Mortgage Credit Certificate

Type: Interest credit on Federal taxes

Audience: First-time homebuyers, buyers in target areas

Feature: 40% of interest cost, capped at $2,000

 

Call Our Flat Fee Real Estate Brokers

NB Elite Realty LLC wants to ensure that your clients are 100% prepared when it comes to purchasing their first home. We are here to assist! We indeed are the best real estate company to work for. We understand the value of a great brokerage because we can be a practical resource for agents, but also know how to keep our agents satisfied and happy. We also make sure that we do not detract from agents’ incomes so that they can thrive in the market correctly. If you are interested in learning more about our services, contact us at NB Elite Realty LLC today. We are flat fee real estate brokers who are focused on making real estate agents successful and want to ensure that you make more money each transaction. We are proud to be one of the best real estate companies in Fort Worth.

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