TARRANT COUNTY HFC BOND PROGRAM

Looking for a home in Tarrant County? The Tarrant County HFC Bond Program is designed to help qualified home buyers purchase a home by providing a low interest rate with a down payment and closing cost assistance grant.  This grant does not have to be paid back, and can be used in conjunction with the $8,000 Tax Credit.  PrimeLending has received the largest allocation of funds of all the participating lenders.  Loans under this program will be made on a first-come, first-served basis to qualified buyers.    Funds are limited!  PrimeLending Mid Cities is ready to finance your dream home.  Conditions apply, so call today for more details.  Discover what local homebuilders already know, that You Deserve Prime. 

KEY FEATURES:

• 5.05% Fixed Interest Rate
• 3.00% Down Payment and Closing Cost Assistance Grant
• Can be used in conjunction wtih the $8,000 Tax Credit
• Can be stacked with city and/or county DPA Programs
• The grant does not have to be paid back

HOW A HOME BUYER QUALIFIES:

• Must purchase a home within Tarrant County, excluding Keller and Grand Prairie
• Cannot have owned a home in the last three years as their primary residence unless purchasing a home in a Targeted Area or is a Qualified Veteran
• Household income (combined income of those individuals executing the Deed of Trust) must not exceed the maximum limits* set by the Program:  $66,000 for 1-2 Occupants; $75,900 for 3 or more Occupants
• The purchase price of the home must not exceed the maximum limits* set by the Program: $258,691
• *Targeted Areas allowing increased purchase price and income limits may apply.  Ask your lender for details.
• Must occupy the home as their principal residence
• Cost for the Program is 1.00% Origination Fee and 1.00% Discount Fee, plus normal and customary fees