First Time Home Buyer Texas: Your Path to Homeownership

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ESSENTIAL GUIDE FOR FIRST TIME HOME BUYERS IN
TEXAS
Texas Premier Mortgage
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INTRODUCTION
Buying your first home is an exciting journey. At
Texas Premier Mortgage, we are here to simplify
the process for first time home buyers in Texas.
This guide highlights the key mortgage options
available to you.
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UNDERSTANDING YOUR MORTGAGE OPTIONS
FHA LOANS
Ideal for first time home buyers in Texas, FHA
loans offer lenient qualification requirements
with a minimum credit score of 620 and a down
payment as low as 3.5. They allow down payment
assistance and gift funds, making homeownership
more accessible.
CONVENTIONAL LOANS
With a 3 minimum down payment, conventional
loans suit those with higher credit scores. They
offer better terms and remove PMI once the loan
reaches 80 of the home's value.
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KEY SERVICE
Property and Portfolio
USDA Loans
VA Loans
USDA loans provide 100 financing for homes in
rural areas, making them ideal for low to
moderate-income buyers in Texas.
VA loans offer 100 financing with no PMI for
active duty military and veterans. They often
have lower interest rates, making them an
excellent option.
For homes over 726,200, Jumbo loans are
available. Texas Premier Mortgage offers various
options for higher-priced properties.
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CONCLUSION
UNDERSTANDING YOUR MORTGAGE OPTIONS IS KEY FOR
FIRST TIME HOME BUYERS IN TEXAS. WHETHER CHOOSING
FHA, CONVENTIONAL, USDA, VA, OR JUMBO LOANS,
TEXAS PREMIER MORTGAGE IS HERE TO HELP. CONTACT
US TO START YOUR HOMEOWNERSHIP JOURNEY.
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CONTACT US
WWW.TXPREMIERMORTGAGE.COM
2001 Timberloch Pl. Ste 500 The Woodlands, TX
77380
281-627-4222
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