Houston NeighborhoodLIFT Grant, first time home buyer loan programs, and incentives
Good news! NeighborhoodLIFT is returning to Houston! NeighborhoodLIFT is a national down payment assistance program sponsored by Wells Fargo and NeighborWorks® America. This home buying program provides eligible homebuyers with $15,000 to use toward down payment and closing costs on qualified homes.
Need to find a home to buy for the NeighborhoodLIFT program or want a list of other loan forgiveness or first time home buyer programs including the CRA loan? Or just have real estate or mortgage questions in general? If I can be of any assistance, give me a call or text at (832) 678-8810.
For veterans and service members, teachers, paraprofessionals, law enforcement officers, firefighters and emergency medical technicians, the program provides $17,500.
Interested? FAQs, Map, Eligibility, and more below.
Houston NeighborhoodLIFT® Down Payment Assistance Program Income Limits
|
Household Size |
Non FRMT |
FHA Loans (FRMT) |
Other Loans (FRMT) |
|
1 |
$59,900 |
$60,350 |
$74,900 |
|
2 |
$59,900 |
$68,950 |
$74,900 |
|
3 |
$59,900 |
$74,900 |
$74,900 |
|
4 |
$59,900 |
$74,900 |
$74,900 |
|
5 |
$64,700 |
$80,900 |
$80,900 |
|
6 |
$69,500 |
$86,900 |
$86,900 |
|
7 |
$74,300 |
$92,900 |
$92,900 |
|
8 |
$79,100 |
$98,900 |
$98,900 |
NeighborhoodLIFT Program Information
- Provides eligible homebuyers with $15,000 in down payment assistance on qualified properties and $17,500 for veterans and service members, teachers, law enforcement officers, firefighters and emergency medical technicians.
- The NeighborhoodLIFT program provides homebuyer education that will prepare them for finding and financing a home and for managing the financial responsibilities of homeownership
- Assistance is not limited to first-time buyers. Even if you already own a home you may qualify if you meet the other requirements.
- Borrowers’ annual income in combination with household size must be at or below the income limits set for the program in Houston. Income limits are higher for military service members, veterans, law enforcement officers, Pre-K-12th grade teachers, firefighters and emergency medical technicians.
- Properties qualified for the program must be:
- Located in the city of Houston. View Map
- The primary, owner-occupied home of the buyer(s)
- A single-family home (attached or detached), 2-4 unit home, condominium, townhome, PUD, co-op, land trust or qualified manufactured home
- NOTE: No closings may take place before April 22, 2019.
Wells Fargo is holding an event on Friday March 22 (10AM-7PM) and Saturday March 23rd (9AM-2PM) at Crowne Plaza Houston (Near Reliant Stadium) - 8686 Kirby Dr. Houston, TX 77054 to help borrowers determine eligibility.
The event is already sold out but if any funds are still available after the event then it will be announced on the NeighborhoodLIFT website. Still have questions? Visit the NeighborhoodLIFT FAQs.
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