535 E Highway 121 Lewisville TX  

 

Contact Us       

Visit DFW Metro  Commercial

 

Office Phone  972-625-2612  Fax 214-666-3227 Cell 214-704-4005 

                        

Tarrant County HFC Bond Program

Key Features

The Tarrant County HFC Bond Program is designed to help qualified home buyers purchase a home by:

            Providing a fixed-rate loan with down payment and closing cost assistance. 

            The grant does not have to be paid back

            Loans under this program will be made on a first-come first-serve basis

            to qualified first time home-buyers obtaining their loan through

            a participating Lender. (Like Chris Cook fromTown Square Mortgage)

            Apply for a Home-loan On-line

Two Main Benefits to the Homebuyer:

4.50% fixed mortgage rate.

4.00% down payment and closing cost assistance grant.

     For example, on a $100,000 loan amount, you get $4000 in assistance

   How a Homebuyer Qualifies:

1)   Homebuyer must purchase a home within Tarrant County,

    excluding Keller, Grapevine and Southlake

  2)   Homebuyer must be a first-Time Home-Buyer

Homebuyer cannot have owned a home in the last three years

    as their primary residence. An Exception is Veteran (VA Loan)

3)  The Household combined income cannot exceed:

                  $69,200 for 1-2 occupants

              $79,580 for 3 or more occupants

  4) The purchase price of the home must not exceed

        the maximum limits of $247032

 

    5)     Homebuyer must occupy the home as their principal residence.

     6)   Homebuyer must apply through a participating Lender. (Chris Cook)

                      Apply for a Home-loan On-line

   7)  Cost for the program is 1.00% Origination Fee and 1.00% Discount Fee.

           Plus normal and customary loan setup fees.

♦    8)   FHA, VA and USDA loans only.

   9)   Can be utilized with city and/or county DPA Programs

     10)  Homebuyer must attend an 8 hour First time home-buyers Workshop

 

 
  DFW Metro Housing 2012  
spacer