Posts Tagged ‘down payment assistance’
Navigating Down Payment Assistance Options What help is available — and should you use it?
Saving for a down payment is one of the biggest obstacles for homebuyers today. The good news? You don’t have to do it alone. There are many down payment assistance (DPA) programs available across the country, and as part of the nation’s largest mortgage broker/lender, I have access to over 30 different assistance programs through…
Read MoreThink You Need a Huge Down Payment to Buy a Home? Think Again.
For a lot of hopeful homebuyers, the excitement of buying a home in Texas turns into anxiety the moment the word “down payment” comes up. “I’ll never save enough.”“I need a small fortune just to get started.”“I guess I’ll just rent forever.” If you’ve ever thought that, you’re not alone. But here’s the good news:…
Read MoreWhat Are Closing Costs in a Mortgage?
Let’s break down what you’re really paying for on closing day. If you’re getting ready to buy a home, you’ve probably heard the term “closing costs” thrown around. But what exactly are they—and how much should you expect to pay? Pro Tip: Your down payment isn’t the only money you’ll need at closing. A lot…
Read MoreFHA Loan Requirements Explained (Without the Jargon)
Thinking about buying a home but not sure if you qualify? You’re not alone. One of the most common loan types I help folks with is the FHA loan—and for good reason. It’s flexible, affordable, and designed to help buyers who may not have perfect credit or a huge down payment saved up. If that…
Read MoreTips for Younger Homebuyers: Making Your Plano, Texas Dream Home a Reality
Hey there, aspiring homebuyers in Plano, Texas! We will help you make this a reality. Are you a member of Gen Z, wondering if buying a home in today’s market is more of a pipe dream? Given the challenges posed by inflation, rising home prices, and fluctuating mortgage rates, it’s natural to feel a bit…
Read MoreQuestions to Ask Your Loan Officer: Do I Qualify for Any Down Payment Assistance Programs?
Hey there homebuyers! If you’re a young homebuyer under 35, you’re likely facing a mix of excitement and uncertainty about entering the world of home ownership and real estate. One of the biggest challenges can be coming up with the down payment – that initial chunk of change needed to secure your dream home. But…
Read MoreHow Much Down Payment Will You Need as a Home Buyer For Your Mortgage?
Hello Homebuyers, this is Richard Woodward from The Richard Woodward Team at Nexa Mortgage, your friendly and authoritative guide in the vast world of real estate. One of the most common questions we get from prospective homebuyers is: “How much down payment will I need?” We’re here to demystify this topic and give you the…
Read MoreWhich Mortgage is Best for Me? Unraveling the Homebuyer Puzzle with The Richard Woodward Team
Hello, homebuyers! It’s Richard Woodward from The Richard Woodward Team at NEXA Mortgage here. If you’re here, you’re likely wondering, “Which type of mortgage is best for me?” You’re not alone, and we’re here to help! Before we delve deep into the world of mortgages, have you considered signing up for our exclusive Purchase Assistant…
Read MoreTexas First-Time Homebuyer and Down Payment Assistance Programs
Texas First-Time Homebuyer and Down Payment Assistance Programs Texas is home to everything. Unfortunately, this statement may not be true for your savings account. Perhaps you believed you didn’t have enough money to pay a down payment on your Texas first home when you last checked your savings account. Rethink that. We got you covered. Down payment…
Read MoreHelpful Hints for First-Time Home Buyers | Part 4
From Offer to Closing By Shawna Sanders If you’ve been following along in our series, Helpful Hints for First-Time Home Buyers, you’ve gotten your finances in order, chosen your real estate agent and lender before starting the hunt. You’ve found the house you want to make an offer on. So what happens now? Make an Offer…
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