Houston's best 100% FREE online dating site. Meet loads of available single women in Houston with Mingle2's Houston dating services! Find a girlfriend or lover in Houston, or just have fun flirting online with Houston single girls. Find information regarding financial help and assistance for Hispanics. Mortgages & Home Loans for Hispanics. “I remember helping a single mother who was. A single mother working in one of these fields can purchase a designated home for 50 percent of the market value. She is still eligible for the other grant programs that help with down payment costs. Single Moms United is a 501(c). Single Moms United 40 Cypress Creek Pkwy #432 Houston, TX 77090 [email protected]. Thank you for visiting the website of Single Moms United. Offering 'full circle' service in conjunction with HER EFFORTS to restore the Total Woman. While there’s no question that one of the biggest challenges first-time homebuyers face is to accumulate the funds for a down payment, the reality is that would-be buyers often overestimate the amount of money they’ll need and underestimate their ability to qualify for down payment assistance programs. A recent by Zelman & Associates showed that most renters believe they must make a down payment of 11 percent to 15 percent and 39 percent thought the minimum down payment required is 15 percent. Single Woman Home Buyer Help Houston Tx Jobs15000 Home Buyer Tax CreditYet Freddie Mac that more than one in five borrowers in 2015 had a down payment of less than 10 percent. Federal Housing Administration (FHA) loans require a down payment of just 3.5 percent. Even with a lower down payment, you’ll need some cash to buy a home regardless of whether you’re opting for a newly built or used home. The median price for a newly built home in November 2016 was $304,500, which means you’ll need a down payment of $10,657.50 for a 3.5 percent down payment; $15,225 for a 5 percent down payment; or $30,450 for a 10 percent down payment. The good news: There are more than 2,000 down payment assistance programs available across the country. Eligibility for these mostly state and local programs depends on a variety of factors including the borrowers’ income and the home price. According to Rob Chrane, president and CEO of DownPaymentResource.com in Atlanta, an average of 70 percent of all homes for sale could be eligible for one or more homeownership programs.
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