What is the $25,000 down payment assistance?

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

What is the $15,000 first time homebuyer credit?

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

Are there any grants for first time home buyers in Texas?

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

best first time home buyer programs Texas

Best First-Time Home Buyer Programs in Texas (And Why Working with Trealtorr Makes It Easier!) Buying your first home in Texas can feel like a mix of excitement and total chaos. Between down payments, interest rates, and picking the right loan program, it’s easy to get overwhelmed. But here’s the good news — Texas has … Read more

How much income is needed for a mortgage?

Couple meeting with a mortgage broker reviewing income requirements to buy a home.

Thinking about buying a home? 🏡 One of the first questions people ask is: “How much money do I need to make to get approved for a mortgage?” Great question! Let’s break it down in simple terms so you can know what to expect before you apply. 🧮 The 28/36 Rule (Quick Math) Most lenders … Read more