This may be one of the most competitive down payment assistance options available right now. Here’s why it is attractive:

• 3.5% down payment grant
• Not a lien
• Not repayable — AS IN NEVER HAS TO BE REPAID
• Below-market interest rate through a bond loan program

Most down payment assistance programs come with repayment terms or liens, often requiring repayment if the home is sold or refinanced within a certain timeframe (many have at least a 3-year repayment period).

This program is different. The 3.5% assistance is a true grant, meaning you do NOT repay it at any time. This is a lower interest rate than other DPA options offered on the market, which can make the overall payment more affordable.

Basic eligibility of the North Central Texas Housing First Home Program includes:

• Minimum 620 credit score
• Income limits:
  • $117,300 for 1–2 person households
  • $134,895 for households of 3 or more
• Home must be located in the specific counties or cities listed
• Must be a first time homebuyer

Only a limited number of lenders are approved to offer this program and this program will only last until the bond money runs out. Even if you have already been pre-approved using another down payment assistance program, it may still be worth comparing this option.

Do NOT hesitate and miss out on this RARE opportunity. Check with your preferred lender or contact Kim Ortega now!

KIMI ORTEGA
Producing Branch Manager | NMLS# 495946

Call & Text: 682.226.7440 | Fax: 682.267.1919
Kimi@KimiDoesMortgages.com
4700 Boat Club Road, Fort Worth, TX 76135