CITY OF FRISCO DOWN PAYMENT ASSISTANCE PROGRAM

City of Frisco DPA Programs

Down Payment Assistance

 

Frisco TX Down Payment & Closing Cost Assistance Program
Location Served: Frisco, TX
Provider: City of Frisco
Approved Lender: New American Funding – (512) 524-8077
Website

 
The City of Frisco Down Payment Assistance Program provides assistance to individuals who have worked full-time in Frisco, Texas for at least six (6) months. If there is more than one (1) adult in the household, at least one must be working within the city limits of Frisco. The City of Frisco DPA Program offers qualified homebuyers forgivable loans up to $10,000. The funding may be applied towards the home’s down payment and closing costs. However, the homebuyer is required to pay at least 50% of the closing costs.
 
 
There is a maximum income limit and maximum home price on the purchase:
 

Household Size Income Limit Maximum Purchase Price
1 person $37,250 $150,000
2 persons $42,550 $150,000
3 persons $47,900 $150,000
4 persons $53,200 $150,000
5 persons $57,540 $150,000
6 persons $61,700 $154,250
7 persons $65,950 $164,875
8 persons $70,200 $170,905

 

Frisco TX First Time Homebuyer
City of Frisco or Frisco Independent School District
Qualifications

 
If you have any additional questions regarding home mortgages, please contact a mortgage expert by filling out the form on the right or calling (512) 524-8077. You can also email Team@CandyBuzan.com.

This website marketing is not intended to offer loan services for properties in New York.