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Community Grant Programs

Jenny has helped many borrowers get into a home through special community grant programs available to first-time homebuyers.  A first-time home buyer grant is a grant specifically for/targeted at those buying their first home — perhaps a starter home. The first-time home buyer does not hold an obligation to repay the grant. First-time home buyer grants are typically awarded based on a few criteria, primarily financial need and income qualifications.

Grants can be given out by foundations and governments. Jenny works with many Texas cities and organizations as an authorized lender and can help you receive down payment and closing cost assistance to buy your first home. Read below for specific grant programs now available.


The Community Development Block Grant (CDBG)

One of the longest-running programs of the U.S. Department of Housing and Urban Development, the CDBG funds local community development activities such as affordable housing, anti-poverty programs, and infrastructure development. The Homebuyer Assistance Program provides down-payment and closing cost assistance to low and moderate-income families purchasing a home in target neighborhoods.

Questions? Call Jenny at 972.731.0165 or email jenny@jennyloans.com for more details and to see if you qualify for the CDBG Grant.


Rural Development Guaranteed Housing Program

Are you ready to own a home but are not sure you will qualify due to lack of a down payment?

Rural Development may be able to help you! USDA Rural Development has partnered with Jenny to help them extend 100% financing opportunities to rural individuals and families.

  • No down payment required

  • No expensive monthly mortgage insurance means you may qualify for a larger loan.

  • Flexible credit and qualifying guidelines.

The Rural Development guaranteed loan program has assisted thousands of customers just like you. Questions? Call Jenny at 972.731.0165 or email jenny@jennyloans.com for more details. Click here for more information about the USDA Rural Development Guaranteed Housing Loan.



Home Buying Guide Topics

8 Steps to Home Ownership
How Much Can You Afford
Debt-to-Income Ratios
Required Documentation
Documenting Assets
Pre-Qualification
Pre-Approval
Home Inspection
Property Appraisal
Closing the Sale
HUD1 Settlement Statement

Recommended Topics

Buyer Dont's
Get Your Loan Faster
Homebuyer's Checklist

Popular Topics

First Time Homebuyers
Free Mortgage Planning Review


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