Assistance for First Time Homebuyers in Plano TX

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There is assistance out there for first time homebuyers in Plano TX!  You can receive up to $10,000 for down payment and closing costs if you meet the eligibility requirements.  This assistance is available for low-to-moderate income first time homebuyers.  The amount of assistance is dependent on the homebuyer's income.

 

This program is funded by annual entitlement grants called Community Development Block Grants (CDBG) and HOME Investment Partnership Grants from the U.S. Department of Housing and Urban Developement. 

Homebuyers just need to complete an application, have an interview, and attend a first time homebuyer class that the City of Plano offers free of charge.  The classes provide important homebuyer tips to help with the whole home buying process and include:

     * Budgeting and credit preparation

     *  The Homebuyer's Roadmap

     *  How to get pre-approved for a mortgage

     *  How to select a realtor and a home inspector

 

There are nice homes to buy in Plano and Plano offers help in buying them. 

 

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