Dallas, Texas
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Dallas Housing Finance Corporation Single Family Mortgage Revenue Bond Program

The program offers a 5.99% fixed interest rate for 30-years with down payment and closing cost assistance equal to 3.5% of the loan amount with a 1% origination fee. (For example, on a $70,000 loan amount, homebuyers will receive $2,450 in assistance). Available mortgage loan types include Conventional, FHA, VA, USDA-RHS, Fannie Mae and Freddie Mac.

Call one of these lenders to find out how much house you can afford to buy. They will need a contract of sale to prepare your loan to purchase the house.

For help in finding a participating lender call 1-877-983-3792 or contact one of the lenders listed below:

      Colonial National Mortgage
      Marshall Anguiano  (972) 529-8162
      Jim Baldwin  (817) 285-1742
      Ed Dayton  (214) 763-2125
      Robert Easley  (214) 693-0621
      Bob Lawler  (972) 233-3722
      Lula Magee  (972) 675-8151
      Phillip Mathiews  (972) 754-8104

      CitiMortgage, Inc.
      Tammy Burton  (972) 819-3664
      Roy A. Johnson  (972) 603-5534

      WR Starkey Mortgage
      Mike Turk  (817) 516-8197
      Charlie Waller  (972) 442-3757
      Howard Klein  (682) 433-5130

      Countrywide Home Loans, Inc.
      Deborah Canady  (214) 336-4349
      Patricia Nelson  (214) 946-2004
      Terry Reese  (972) 816-3968
      Travis Smith  (817) 300-3560
      Cynthia Troop  (817) 488-6300

      Wells Fargo Home Mortgage
      Lolly Taylor  (214) 948-8077
      Stassa Miller  (214) 205-1464

      Banker’s Financial Mortgage
      Pat Casey  (214) 341-1991

      CTX Mortgage
      Ron Watterson  (214) 987-0500

Mortgage Assistance Program (MAP)

    A first-time homebuyer program which provides principal reduction, down payment, and closing costs assistance up to $10,000.00.  Also, may provide a grant of up to $1,500.00 for Minimum Housing Standards repairs.

    Funds are available to first-time homebuyers earning 80% or below the area median family income

    The home must be located in the Dallas city limits

    The home sale price can not exceed certain federal limits

    Homebuyer must complete homeownership education from an approved counseling agency

    A first-time home buyer is defined as someone who has not owned a home in three years.  Under first-time home buyer programs, single parents and displaced homemakers automatically are considered first-time homebuyers.

    For more information about these programs, call the City of Dallas Housing Department at
    (214) 670-3645.

 

 

 


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