30 YEAR FIXED
Low Fixed Rates For 30 Years
30 YEAR FIXED
Minimum of 3.5% Down
30 YEAR FIXED
100% VA Loan With No Private Mortgage Insurance
30 YEAR FIXED
100% Financing In Rural Areas
First-Time Home Buyer in Boerne, Texas
For a First Time Home Buyer Boerne offers a wide range of housing choices to fit any pocketbook. Home ownership is the American dream but finding the right home in the right neighborhood at the right price can be a challenge. And then, you need to get financing with a mortgage rate that does not eat up all of your paychecks. Luckily, if are worried about the down payment as a First Time Home Buyer Boerne offers ways to make it work for you.
Boerne First Time Home Buyer Programs
There are programs in the Boerne area to help First Time Home Buyers. The first to consider is HCDD which is Boerne Housing and Community Development Department. This program offers assistance via HAP, the Home-buyer Assistance Program in Boerne. It helps families in the low and middle-income range. For those who qualify, monies can be used for the down payment, buy-down on principal, or closing costs.
Housing and Community Development Department of Boerne HAP Program
For US citizens and permanent US residents, the HAP program can help if you are a First Time Home Buyer or have not been a homeowner for at least three years. Also, to qualify the family must not have more than $15,000 in total assets. Only fixed rate mortgages qualify for this program. Folks can get as much as $30,000 from this program if they meet the qualifications such as falling below the 80% level of median income in the Boerne area and buying a home that lies within the City of Boerne for tax purposes.
Affordable Housing Corporation of the State of Texas
Also, for a First Time Home Buyer Boerne has a non-profit organization that can help out. It is TASHA or the Texas State Affordable Housing Corporation. These folks have the mission of serving low-income families and individuals by helping them get into affordable and decent housing. They commonly come into the picture when other agencies cannot help.
Using private donations, TSAHC provides help with down payments, mortgage loans, and mortgage credit certificates. Their Homes for Texas Heroes Loan Program is especially for veterans, EMS workers, teachers, firefighters, correctional workers, and police. And, their Homes Sweet Texas Home Loan Program provides a 30 year fixed rate loan for eligible Boerne home buyers. This is a grant, so the family does not need to pay it back.
Free Homebuyer Education Classes in Boerne
Perhaps the most important thing for a First Time Home Buyer in Boerne is to their homework. An excellent idea is to take advantage of one of the classes for home buyers in the Boerne area. Learn about how large of a mortgage you should take on with your salary. Learn about the various assistance programs that make home ownership possible for those who otherwise could not afford their own home. Do your homework first. Look into financing before even looking at property. That is a good route to take for a First Time Home Buyer in Boerne or anywhere.
Best Mortgage Rates in Boerne, Texas
- 1st – Preliminary Assessment – Let’s see how much you qualify for.
- 2nd – Appraisal Report – Let’s find out the value.
- 3rd – Approval and Closing – We can close your file in 30 days or less!
- See exactly how much you can qualify for instantly!
- Work with our award-winning team of local Loan Specialists.
- Let us help you close your loan in 30 days or less.
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We just wanted to say thanks again for all your help with everything. We closed and are now proud homeowners! The title company… View more »
The Knowledgeable Private Prodigy Lending Company For Home Mortgage Loan In Boerne, Texas
Prodigy Lending feels honored to welcome you to join our first time home buyer program.
Why prodigy lending? We have been awarded as the top workplaces for 8 years consecutively.
Feel free to choose a home mortgage loan!
- CONVENTIONAL LOANS. These loans are offered with a 3 percent down payment. Their terms are flexible from 30, 20, 15 and 10 years. They require a reduced PMI compared to FHA loans. The interest rates charged are low and there are no lender fees.
- FHA LOANS. They are easy to qualify for and the down payment needed is low, that is 3.5 percent of the total amount. The interest rates are low as well and rehabilitation loans are offered. The disadvantage with FHA loan is that they require a higher DTI ratio.
- VA LOANS. These are given to veterans and their families, and are easy to qualify for. They come with the big advantage of full financing of the whole amount so there is no down payment needed. Mortgage insurance is not a requirement and the closing costs are low. It is the loan with the best government rates.
- USDA LOANS. They are for rural development so they are meant for remote places and one must have a good source of income in order to qualify. They are 100 percent financed so there is no down payment. They have low-interest rates and mortgage insurance is cost is low.
We are one of the best private lending companies in the U.S. and excellence is our goal. Due to this reason, our services are of high quality.
We have our experienced professionals all over the states and they will assist you to find the best program that suits your situation and expectations.
Whether you need a first time home buyer assistance, dream home, refinancing your mortgage or a vacation home, or debt consolidation, you will be assisted.
You will get the best rates under the most suitable program for you.
Our many years of experience have taught us a lot and we know every market condition and the fluctuations. That’s why we have a form for you to fill from our site and get a quote instantly showing the current rates.
Feel free to get in touch and talk to our professionals. Utilize the interactive tools on the site. We are happy to serve you.
We highly give attention to confidentiality so no worries about your personal information. Some companies don’t care but we do and that’s one of the reasons why we are respected in the entire lending community.
We will give you the most competitive rates in the market and help you finance that mortgage to a lower interest rate.
Our services come with a guarantee that you will definitely get your expectations met because we listen to you first.
We have been providing award-winning service for 17 years and we encourage you to start with the pre-approval process today.
Please contact us if you have any questions!