REI Posts

The short answer: it depends on the type of loan and your financial situation — but here’s a general guide: The truth is, credit score is only part of the picture. Lenders also look at your income, debt-to-income ratio, employment history, and the loan programs available — including grants and assistance for first-time buyers. At … Read more

Short answer: sometimes — but it’s not guaranteed. First-time homebuyers often have access to special programs, grants, and loans that can help lower your down payment, closing costs, or even your interest rate. Programs like TSAHC, My First Texas Home, or local city grants sometimes include rate discounts or mortgage assistance that make your monthly … Read more

The short answer: yes — but not the way most people think. When you buy a home, you can’t deduct the actual cost of the house. However, there are some tax benefits you can take advantage of: At Trealtorr, we help you understand all the programs and benefits available so you don’t leave money on … Read more

The truth is, the best program isn’t about the bank! It’s about finding what works for you. And that’s where Trealtorr comes in. Why Trealtorr is Your Best Choice: How We Work With Lenders: We partner with top lenders to give you the best options Rocket Mortgage, Guild Mortgage, PNC Bank, Veterans United, and more. … Read more

Not everyone qualifies as a first-time homebuyer — here’s what can disqualify you: At Trealtorr, we help you figure out exactly where you stand and guide you toward programs you do qualify for, so you don’t waste time or miss out on free money. 📲 Call or text us today at +1 (347) 831-6085 we’ll … Read more

Many Texas cities offer programs that give up to $7,000 (sometimes a little more) to cover down payments and closing costs. The exact rules depend on the city, but usually you need to be a first-time buyer, meet income limits, and sometimes take a short homebuyer education course. The tricky part? Each city’s program is … Read more

The $25,000 Down Payment Toward Equity Act is a proposed federal initiative aimed at assisting first-time homebuyers, particularly those from first-generation and economically disadvantaged backgrounds. Introduced in 2024, the act seeks to provide substantial financial support to help individuals overcome the significant hurdle of saving for a down payment on a home. Key Details: For … Read more

The $15,000 First-Time Homebuyer Tax Credit is a proposed federal tax credit introduced in 2025 to assist eligible first-time homebuyers. This refundable tax credit offers up to $15,000, or 10% of the home’s purchase price—whichever is less—to help cover down payments and closing costs. Key Features: Current Status: As of now, the $15,000 First-Time Homebuyer … Read more

The $7,500 First-Time Homebuyer Grant is exactly what it sounds like — free money to help you buy your first home. Many Texas cities offer programs that give up to $7,500 toward your down payment and closing costs. You usually just need to be a first-time buyer (or haven’t owned a home in 3+ years), … Read more

Yes! Texas has some great grants and assistance programs for first-time homebuyers — and we can help you find the right one. Through programs like TSAHC’s Home Sweet Texas, My First Texas Home, and the SETH 5-Star Advantage, you could get money for your down payment and closing costs — some of it you never … Read more