El Paso County, CO – First time home buyer programs – USA. – El Paso County, CO – Down payment assistance programs. First time home buyers in El Paso County may be eligible for a few different down payment assistance programs. This includes local and statewide incentives which are available within the city limits of El Paso County.
First Time home buyer guide. Being a El Paso, TX first time buyer can be intimidating and costly. However, there are many programs available to first time home buyers in El Paso, TX that can help in producing a down payment and closing costs. In most cases, lenders want a 3.5% down payment of the cost of the home.
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Be a first time home buyer or not owned real estate in the last 3 years. The property must be located within the city limits of El Paso. The maximum price of a home is $121,000.
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El Paso County – Single Family Mortgage Bond Program or (719)– Down Payment Assistance Loan Program and Homebuyer Education, or call (970) 725-3071. Huerfano and Las Animas Counties – Down Payment Assistance Loan Program and Homebuyer Education, or call (719) 846-7882
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* The home purchase assistance Program is on a first-come, first-served basis, and is subject to credit qualification, income criteria and periods of affordability. The program is part of an NSPII grant from the united states department of Housing and Urban Development.