subject: How To Apply For And Speed Up Texas First Time Home Purchaser Grants [print this page] People living in Texas who intend to purchase their first residences are eager to understand the process on how to apply for and quicken Texas first time home buyer grants. You must be aware of the procedure because grant money is free money given by the government to citizens. This may translate to a lot of savings in terms of expenses in buying a house.
It is possible to get several thousands of dollars from Texas grants. This is the reason why you have to acquaint yourself on how to go about the process seamlessly.
To speed up the application, you must first contact the Texas Department of Housing and Community Affairs. This government agency is the one looking after the grants for the residents of Texas.
This agency has a website to help disseminate information. Texas residents who need the grant money can inquire using their site. They have a program for first time owners referred to as Program 61. To be sure that you have a good chance of securing the grant, you must apply as soon as possible. Sometimes this program runs out of money. This could lengthen your waiting time for the money.
Texas runs limited programs from time to time such as the Texas First Time Homebuyer Program or Bond Program 74. This is managed by Texas Department of Housing and Community Affairs. This grant is for single families desiring to acquire single family residences.
Check their site for more info. You can look into the different requirements so you will qualify for the said grant. One such requirement is your earnings must be within the required limits. Earning more than the limit set means you are not part of the low earners or moderate earners range.
Texas grants are created for families with lower income who need to purchase a place to reside in. The grant will provide for the required deposit and closing expenses. This is a huge help for Texas residents who are earning minimum income and have a large family. You must meet the required credit history and credit score limits. Another vital requirement is you must not buy a house for the past three years.
Compose a very elucidating and convincing letter to the Department. Give them the reasons why you will make a good candidate for the grant. You must show your need for money and the fact that you are able to make use of the money in a responsible manner. The Texas grant is between 10,000 to 25,000 dollars. This is the reason why you need to take the whole process seriously.
If you qualify, then the next step is to fill the application form. You should disclose all relevant facts. Also, attached all the necessary documents. You can apply to different grants at the same time. You may have to tell in your application if you have received a grant in the past. This will not affect the outcome of the grant application.
Forward your application promptly. If you do it really soon, you will get ahead of the queue comprising of hundreds of applicants.
by: Julie Henderson
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