Texans may now use the $8,000 Tax Credit for their Down Payment & Closing Cost... if they qualify.

At the end of June, Texas became one of at least 13 states in the U.S. that has a program to allow first-time homebuyers to use the $8,000 tax credit for closing cost or even the down payment.  The program is short-term loan that allows the buyer to use the funds at closing but then must repay them when the tax credit is received from the government.

While the program is being administered by the Texas Department of Housing and Community Affairs, homebuyers must go through one of the approved, participating lenders that will help guide them through the process.  Email or call us for a list of lenders.