Organizations sponsoring NeighborhoodLlift in Houston, TX.

Down Payment Assistance for qualified homes in Houston Texas

 

NeighborhoodLIFT is returning to Houston! NeighborhoodLIFT is a national down payment assistance program sponsored by Wells Fargo and NeighborWorks® America. It provides eligible homebuyers with $15,000 to use toward down payment and closing costs on qualified homes. For veterans and service members, teachers, paraprofessionals, law enforcement officers, firefighters and emergency medical technicians, the program provides $17,500. Interested? Scroll down to learn more.

 

 

Partners in offering DownPayment Assistance

Avenue Community Development Corporation, Fifth Ward Community Redevelopment Corporation and the Tejano Center for Community Concerns are proud to be part of the NeighborhoodLIFT program in collaboration with Wells Fargo and Neighborworks America®. Discover the possibilities of homeownership and find out if it's right for you!

 

NeighborhoodLIFT Launch Event - Learn about down payment assistance for Houston Homes

Visit Wells Fargo’s LIFT Web Page HERE to register for the Houston NeighborhoodLIFT Launch Event. Please register in advance for this event. Walk-ins are welcome, but only registered customers are assured of meeting with a professional to determine eligibility for a NeighborhoodLIFT reservation of $15,000 ($17,500 if you qualify for the First Responder, Military & Teacher benefit).

 

Admission is Free.

 

Free parking will be available.

 

NeighborhoodLIFT Program Information

  • Provides eligible homebuyers with $15,000 in down payment assistance on qualified properties ($17,500 for veterans and service members, teachers, law enforcement officers, firefighters and emergency medical technicians. More Info...
  • Provides homebuyer education that will prepare you for finding and financing a home and for managing the financial responsibilities of homeownership
  • Assistance is not limited to first-time buyers
  • Borrowers’ annual income in combination with household size must be at or below the income limits set for the program in Houston. Income limits are higher for military service members, veterans, law enforcement officers, Pre-K-12th grade teachers, firefighters and emergency medical technicians. View Income Limits |  View First Responder, Military & Teacher Benefit Information
  • Properties qualified for the program must be:
    1. Located in the city of Houston. View Map
    2. The primary, owner-occupied home of the buyer(s)
    3. A single-family home (attached or detached), 2-4 unit home, condominium, townhome, PUD, co-op, land trust or qualified manufactured home

 

NOTE: No closings may take place before April 22, 2019.

 

At the Launch Event You Can:

  • Meet with a Wells Fargo Home Mortgage Consultant to qualify for a first mortgage if you choose.
  • Bring a pre-approval letter from any lender, although to receive NeighborhoodLIFT funds you must be approved by a lender on the approved lender list prior to closing
  • Find out if you are eligible for $15,000 in down payment assistance on qualified properties ($17,500 if you qualify for the First Responder, Military & Teacher benefit).
  • Sign up for education programs that can prepare you for finding and financing a home and managing the financial responsibilities of homeownership.

 

Required Documents for All Attendees:

ALL attendees, those who want to seek pre-approval from Wells Fargo Home Mortgage, those who bring a pre-approval from an approved lender and those who bring a pre-approval from other lenders, must bring the following documents for each borrower:

  • Gross income amount for borrowers, including primary, second and part-time jobs, as well as overtime, bonuses and commissions
  • 60 days’ pay stubs with year-to-date information for all jobs
  • Proof of any and all other income received, such as Social Security Award letter, retirement and/or pension income, unemployment income, death or disability payments, divorce/court decree for alimony and/or child support, etc.
  • Federal tax returns for the past two years (1040s)
  • W-2s for the past two years
  • Recent two (2) months of personal bank statements; self-employed applicants should also bring recent two (2) months of business bank statements
  • Current Profit and Loss Statement for self-employed individuals

Note: If you have a fully executed sale agreement on a home, please bring it with you.

 

If you plan to meet with a Wells Fargo Home Mortgage Consultant to seek pre-approval for a mortgage, you should bring these documents.

NOTE:  The documents required for determining NeighborhoodLIFT eligibility and for qualifying for a Wells Fargo pre-approval are NOT the same. Please be sure to review both lists.

Not able to attend the launch event on March 22-23? Check back here to see if funds are still available after the event. Contact us for questions about NeighborhoodLIFT at .

If you have additional questions, visit our FAQ page by clicking the button below.