1.31.2012

New Texas fund for First Time Home Buyers


 Out of Pocket,
TO BUY A HOUSE!

From our friend Debbie Bigelow at Amarillo National Bank 

This is a new Texas Fund program that will allow first time home buyers (or someone who has not owned a home for 3 years) to buy a home in Texas for $0 out of pocket down payment and $0 out of pocket closing costs. WOW

Here is the initial information 
For Potter and Randall counties the 80% of median income will be around $47,000 for combined family income. You will have to be under that amount to qualify. Also lower credit scores (even around 580) may be able to qualify. It is estimated that the program will kick off around middle of February to the first part of March, however there is only limited funds for this program so call me to get started right away! 806 654 3842 - Dirk

2 comments:

  1. What about the median income for Carson county?

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    Replies
    1. Lulu,

      Sorry for just now getting back to you. The median income for Carson county look to be around $48,691. So in order to qualify you would have to be under $38,950 total household income per year.

      Thank you

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