First-Time Homebuyer Guide to Lampasas

🏠 First-Time Homebuyer Guide to Lampasas 🌟

Looking for an affordable and charming place to call home? Lampasas, Texas, is an excellent choice for first-time buyers 🌿 With its picturesque landscapes and small-town charm, Lampasas offers a range of benefits for new homeowners.

Local First-Time Homebuyer Programs:
– My First Texas Home Program: 30-year fixed-rate loans, down payment assistance, and lower mortgage insurance premiums [1].
– Home Sweet Texas Home Loan Program: Similar benefits with a focus on affordable housing [1].
– Mortgage Credit Certificate (MCC) Program: Up to $2,000 per year in federal income tax credits [1].

Down Payment Assistance:
– TSAHC’s Down Payment Assistance (DPA): Up to 5% of the home’s purchase price [1].
– FHA loans: 3.5% down payment requirement [2].
– USDA loans: 0% down payment for rural areas [2].

First-Time Buyer Workshops:
– TSAHC’s Home Buyer Education Course: Required for TSAHC programs, available online or in-person [3].

Local Lender Programs:
– The Wood Group of Fairway: Personalized mortgage options, competitive rates, and transparent communication [5].

Property Tax Exemptions:
– Check with local authorities for specific exemptions and eligibility.

Homebuyer Education Resources:
– TSAHC’s approved education courses: Framework, eHomeAmerica, Clearpoint/Money Mgt. International, Fannie Mae’s “HomeView,” and Freddie Mac’s “Credit Smart Homebuyer U” [3].

Considering Lampasas for your first home? 🤔 Start by exploring these resources and programs to make your dream a reality 🏠💕

#LampasasFirstTimeHomebuyer #TexasHillCountryHomes #FirstTimeHomebuyerPrograms

Sources:
1. https://casaplorer.com/tx/first-time-home-buyer-texas
2. https://www.lendersa.com/usda-vs-fha/tx/lampasas
3. https://www.tsahc.org/homebuyers-renters/home-buyer-education
4. https://smartasset.com/mortgage/texas-mortgage-calculator
5. https://woodgroupmortgage.com/locations/lampasas/2573792