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Tuesday, March 16, 2010

Texas First Time Homebuyer Program (FTHB)

If you're moving to Texas and are a first-time home-buyer, the Texas Department of Housing and Community Affairs (TDHCA) might be a useful resource for obtaining a loan with a lower interest rate - "typically 1% below current market rates" according to the TDHCA website.  Being a "first-time home-buyer" doesn't mean that you've never owned a home but, rather, that you "have not owned a home within the past three years."

You might also be able to qualify for down payment assistance; find out through this other TDHCA LINK.  

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