HOW DO I QUALIFY FOR ZERO DOWN PAYMENT?

The answer is a lot easier than you think? Through Houston HOPE Mayor Bill White has designated several areas of town for restoration and revitalization. The overall goal of Houston HOPE is, “to build strong neighborhoods that meet the needs of the current residents and are attractive to new and returning families.”

This means the Houston HOPE program is offering you a host of wonderful incentives to help expand homeownership and build community development; including up to $37,500 in down payment assistance. Through this program everyone benefits. Houstonians are experiencing safer neighborhoods, a broader base to help subsidize City services like police and fire departments for our communities, schools for our children and a stronger overall municipal infrastructure.

All of this means you will see prospering economic growth in Houston, Texas at a time where other parts of the country are feeling the downward effects of the nation’s economy.

In order to qualify all you need do is meet these small initial requirements:

Currently not a property owner
Household income and family size falls between:
Family Size 80% of Houston's
Median Income
110% of
Houston's Median
Income
1 $35,750 $49,156
2 $40,850 $56,169
3 $45,950 $63,181
4 $51,050 $70,194
5 $55,150 $75,831
6 $59,200 $81,400
7 $81,400 $81,400
8 $67,400 $92,675

Ability to obtain a mortgage loan
If you or someone you know meets the above
requirements then click on the Down Payment
Assistance links below

Source: City of Houston