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Updated over 3 years ago on .

User Stats

13
Posts
6
Votes
Reco T Bumpers
  • New to Real Estate
  • Houston, TX
6
Votes |
13
Posts

Grants or forgivable loans paired with NACA program

Reco T Bumpers
  • New to Real Estate
  • Houston, TX
Posted

Does anyone know of any grants or forgivable loans for first-time homebuyers that can be paired with the NACA program? I am looking in the Greater Houston and DFW area. I have an income of roughly $95K. Has anyone successfully paired/stacked first-time homebuyer incentives from multiple programs?

For those who don't know, NACA is a non-profit that offers first-time homebuyers the chance to purchase with no down payment, no closing costs, and no PMI. They use Bank of America as their lender.

I have been going through this program since April. My next meeting in November should be the last before I'm officially ready to make the leap. I've been anxiously keeping an eye on several new construction duplexes hoping one will be available when the time comes.