Mi Casa Homebuyer Grant | At-A-Glance
El Paso HFC Program | At-A-Glance
| AVAILABLE PROGRAMS | Mi Casa Homebuyer Grant |
| QUESTIONS | Questions |
| ELIGIBLE AREA | City of El Paso, TX |
| ELIGIBLE BORROWER(S) | Buyer and spouse must be first-time buyers. |
| RATES | See Chart |
| DPA AVAILABLE | 4% of the total loan amount as a non-repayable Grant |
| LOAN TYPE | See Chart |
| INCOME AND PURCHASE PRICE LIMITS | Mi Casa Income and Purchase Price Limits |
| TIMELINE REQUIREMENTS | 60 days from Reservation to Loan Purchase. |
| HOMEBUYER EDUCATION | Homebuyer Education |
| CO-SIGNERS | Co-signers are allowable but may not live in the property and may not be on the title, mortgage and deed. Co-signers are loan guarantors only. |
| PROGRAM GUIDELINES | Mi Casa Guidelines |
| PRE-CLOSING FORMS | Notices to Buyers and Recapture Tax Brochure |
| PARTICIPATING LENDERS | Participating Lenders |
| TARGETED AREAS | Targeted Area Maps |
Today’s Rates & Offerings
El Paso HFC Program | Rates & Offerings AVAILABLE March 13th
| Government | |||||
|---|---|---|---|---|---|
| Offering | FICO | DPA | Lock Rate | ||
| FHA, USDA, VA | 640 | 4% | 5.990% | ||
Mi Casa Homebuyer Grant
El Paso HFC Program | At-A-Glance
AVAILABLE PROGRAMS
Mi Casa Homebuyer Grant
QUESTIONS
Questions
ELIGIBLE AREA
City of El Paso, TX
ELIGIBLE BORROWER(S)
Buyer and spouse must be first-time buyers.
RATES
See Chart
DPA AVAILABLE
4% of the total loan amount as a non-repayable Grant
LOAN TYPE
See Chart
INCOME AND PURCHASE PRICE LIMITS
Mi Casa Income and Purchase Price Limits
TIMELINE REQUIREMENTS
60 days from Reservation to Loan Purchase.
HOMEBUYER EDUCATION
Homebuyer Education
CO-SIGNERS
Co-signers are allowable but may not live in the property and may not be on the title, mortgage and deed. Co-signers are loan guarantors only.
PROGRAM GUIDELINES
Mi Casa Guidelines
PRE-CLOSING FORMS
Notices to Buyers and Recapture Tax Brochure
PARTICIPATING LENDERS
Participating Lenders
TARGETED AREAS
Targeted Area Maps